Tag Archives: #PersonalFinance

Is a managed fund worth it?

Managed Fund   Whether a managed fund is worth it depends on various factors and individual preferences. Here are some considerations to help you evaluate the worth of a managed fund: 1. Professional Expertise: These funds are typically managed by professional fund managers who have expertise in investment strategies and market analysis. If you lack… Read More »

When does LLP repayment start?

LLP repayment start   Here are some general considerations: Loan Agreement: The loan agreement specifies the terms and conditions of the loan, including the repayment schedule. It typically indicates when the repayment obligations begin, such as a specific date or a certain period after the loan disbursement. Grace Period: Some loan agreements may include a… Read More »

What is a fund Certificate?

Fund Certificate A fund certificate refers to a document that certifies the ownership or investment in a specific fund. It serves as evidence or proof of an individual or entity’s participation in a particular fund and their entitlement to the benefits, rights, or shares associated with that fund. The content and details included in a… Read More »

What is liquid net worth calculator?

  User Intent Users searching for “liquid net worth calculator” want to understand its purpose, how it works, and how to use it effectively. They may be individuals looking to evaluate their financial health or investors aiming to assess their available assets. Introduction In today’s fast-paced financial world, knowing your net worth is essential. However,… Read More »

How to calculate liquid net worth of a person?

User Intent When you search for how to calculate liquid net worth, your main goal is likely to understand how easily accessible your wealth is. Your liquid net worth measures your financial flexibility, showing how much of your assets you can quickly convert into cash without significant loss of value. This guide will walk you… Read More »

Which ITR to file for capital gains?

ITR for capital gains   If you have capital gain, you will generally need to file ITR-2. Income Tax Return-2 is applicable for individuals and Hindu Undivided Families (HUF) who have income from sources other than business or profession. These are typically categorized as “Income from Capital Gains” in ITR-2. However, it is important to… Read More »

What are tax planning in India?

Tax Planning in India   Tax planning in India encompasses the deliberate management of financial matters and transactions, aiming to reduce tax obligations while operating within the legal framework. It involves utilizing various provisions and exemptions provided under the Indian tax laws to optimize tax savings. Here are a few prevalent tax planning strategies in… Read More »

What is tax planning and types?

   Tax planning and types   Tax planning and types, Tax planning involves strategically arranging financial matters and transactions in a manner that adheres to legal requirements while effectively minimizing tax obligations. It involves making strategic decisions and utilizing available tax provisions, exemptions, deductions, and credits to optimize tax efficiency. Below are several frequently encountered… Read More »

What is tax planning for individuals?

  Tax planning for individuals   Tax planning for individuals refers to the strategies and actions taken by individuals to manage their finances in a way that minimizes their tax liabilities while remaining compliant with tax laws. The primary objective of individual tax planning is to legally reduce the amount of taxes owed and maximize… Read More »

How to tax planning for salary

Tax Planning for Salary   Tax planning for salary earners involves various strategies to optimize your tax liability. Here are some tips to consider: 1. Understand your tax brackets: Familiarize yourself with the income tax brackets and rates applicable to your salary. This will help you determine the optimal allocation of your income to different… Read More »