by Jhaveri Kartik | Jun 15, 2016 | Education Planning, Financial Planning
Do your usual tax planning & gift your child Rs. 2.21 crore at age of 21 tax-free! Comments published in Mint on 8 June 2016. The idea here is to make investments for your child and also take advantage of 80C exemption by investing monthly into tax...
by Jhaveri Kartik | Mar 3, 2016 | Financial Planning, Plan your Finance - Articles, Retirement Planning
Budget 2016 announced that ONLY 40% of your EPF (Employees Provident Fund) is tax free. Similar is the situation with NPS & superannuation fund and recognised provident fund. The balance 60% is now going to be taxed and this has created a furore. Relax! Things are...
by Jhaveri Kartik | Dec 12, 2015 | Behavioural Finance, Financial Planning, Plan your Finance - Articles
“For better or worse…..for richer or poorer.” This is what most of us promise to our spouse when we pledge ourselves in marriage. But unfortunately, many couples can’t seem to survive either richer or poorer due to the poor money management skills. Finances are those...
by Jhaveri Kartik | Jul 14, 2015 | Financial Planning, Plan your Finance - Articles, Risk Management
Dear Readers, Mint Money has come up with an article on various ways to control the flow of black money and highlights of Black Money and Imposition of Tax Act 2015. Along with encouraging electronic payments, ways should also be devised to discourage transactions in...
by Jhaveri Kartik | Jan 12, 2015 | Financial Planning, Other Investment Options, Risk Management
1) How should one plan his finances in new-year keeping in mind the rules of financial planning? For lumpsum investments towards long term goals we recommend STP route for investments in mutuals with deployment spread over 24 – 36 months. This period can be reduced...
by Jhaveri Kartik | Jan 27, 2014 | Financial Planning, Plan your Finance - Articles, Tax Planning
All of us do our bit of investments that give us deductions from income and thus help us save taxes. There is so much more that can be done beyond section 80C which a lot of us are not well aware of; Here is a quick synopsis that may serve as a ready reckoner. Though...
