Parents can transform the lives of their children if they give them the right financial advice in their formative years itself. They must also lead by example. They can’t be splurging themselves and expecting their kids to be prudent with money.
Is your child managing money right? Are his/her money skills on the right track or is there something you could do to check them if they are not? Find out how your child scores on these nine aspects of personal finance.
On the face of it, a nest egg of Rs 1 crore appears big enough to sustain a retiree’s expenses for life.
A sustained decline in bond yields has pushed up NPS returns. Gilt funds earned 17-20% in past one year.
Almost all insurers offer such policies. Find out which variant is best suited for your insurance needs.
YONO Cash can be used to withdraw cash at over 16,500 SBI ATMs across the country.
Term insurance, despite being the most fundamental and cheapest form of financial protection, still lacks a significant uptake in urban India.
For Rs 9.75L earners it will be difficult to claim deductions without drastic cuts in lifestyle.
Taxpayers very close to the threshold limit will have to ensure their income does not exceed Rs 5 lakh.
Piyush Goyal’s budget gifts full rebates to those earning up to Rs 5 lakh a year.
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