Based on your investment declaration, your employer estimates your taxable income and cuts TDS monthly before paying your salary.
Form 16 summarises the TDS that your employer has cut on behalf of you from your salary income. It is an important document for tax compliance and is proof of income
It is easy to give into temptation and spend your bonus on discretionary ways. This Diwali, why not use your bonus to secure your finances and future?
Money has time value: it grows but not on trees. Meaning, simply saving and not investing the money you receive as a Diwali gift takes away its potential to grow.
Diversification not only helps in managing risk but also provides an opportunity to preserve returns insulating us from external shocks that can wipe out the entire portfolio.
Offering a personal finance course to your employees helps as they can make smart money-related decisions and concentrate on work than on financial issues
Mutual funds is a great way to minimise risks and optimise returns by investing in multiple stocks simultaneously. Read mutual fund basics and its types here
Investment decisions leave you flustered, overwhelmed? Read this article to understand why this happens and how to over come the paradox of choice.
Mistaking life insurance for an investment can have several consequences because both are different. Here’s what distinguishes them