Proof – Tax Evasion Tax Avoidance and black money are common in India

Proof – Tax Evasion Tax Avoidance and black money are common in India

One reader recently posted a comment on the blog asking- He has 1 Cr black money. How to convert it to white? I simply answer him that fastest way to convert this money into white is declaring it and paying tax on it. I am sure that he must be cursing me. However, it is known fact that Tax Evasion, Tax Avoidance, and black money are very common in India. Now, guess how many people actually pay Income Tax in […]

Peer to Peer Lending – P2P lending quick and easy way to get loan

Peer to Peer Lending – P2P lending quick and easy way to get loan

A Peer to Peer Lending (p2p lending) concept is growing rapidly in India. Peer to Peer lending is easier and faster way to lend and borrow loans. Let us say you are running out of money and you are in desperate need money for setting up a new business, medical expense, self-marriage, medical expense or anything else. What do you do? You generally talk to your friend or relative for the money or you approach a bank and take a […]

How Salaried Person can maximize tax saving?

How Salaried Person can maximize tax saving?

Tax saving and Tax Planning are important aspects for the salaried person. As it allows you to save more money. If as a salaried person you are earning Rs 10 Lac per year, you have very little scope to avoid tax. At the most you can invest in tax saving scheme and get a tax benefit of few thousand rupees. In any case, you have to pay income taxes, but with little tax planning, you can optimize your tax outgo. […]

To do list for NRI before leaving India – Financial Checklist for NRI

To do list for NRI before leaving India – Financial Checklist for NRI

NRI means a person who works or stays outside India more than 181 days. My one of the friend has recently got H1B visa and he is flying to the USA. If he stays in the USA for next 181 days he will get NRI status. He approached me with following questions. What should he do about his bank account before leaving India? What should he do for the existing fixed deposit? What to do about existing Mutual Fund and […]

Top 7 Best Consistent Performer Stocks since past 3 years

Top 7 Best Consistent Performer Stocks since past 3 years

A stock market has become direction less it is moving up and down. All Investors are in confusion stage where to invest their money for the better return. In order to help them here is a list of top 7 best consistent performer stocks since past 3 years. These stocks are even expected to give better returns in future. So, here are best consistent performer stocks since past 3 years. Top 7 Best Consistent Performer Stocks since past 3 years […]

Suppandi Making Investing Simple – Video Series

Suppandi Making Investing Simple – Video Series

Suppandi one of the most popular comic characters is set to teach you an important lesson about financial planning and investment in new video series. This video series is started by Tata Mutual Fund in collaboration with Tinkle Digest as an investor education initiative. Under this initiative total, 5 different videos are made explaining various topics related to finance. All these videos are featuring Suppandi along with Professor Simply Simple. These videos are available in six different languages English, Hindi, […]