Category Archives: Financial Planning
Income Tax Rates for AY 2010-2011
1. What are the income tax rates applicable for the financial year (2009-2010)and assessment year (2010-2011)? PREVIOUS YEAR: previous year means year in which you earn any income…in Previous year you only earn income. ASSESSMENT YEAR: the … Continue reading
Goal Based Investing
Everyone has different financial goals in his life, some have short term goals like creation of Emergency Fund, Arrangement of down payment for Purchase of Home/Car etc., and some have long term goals like education planning of child, child marriage, … Continue reading
HOW MUCH RISK DO YOU WANT TO TAKE?
Here are some things to think about when determining the amount of risk that best suits you. Financial goals. How much money do you want to accumulate over a certain period of time? Your investment decisions should reflect your wealth-creation goals. … Continue reading
Types of Insurance Plans
Life insurance comes in a variety of plans to suit the needs of different individuals. Each insurer claims to offer its customers unique plans. Most of these are designed around some basic plans with add-on features. Here are some basic … Continue reading
Which stage are you in????????????
Which Life Cycle Stage are you in? Financial Planning is different for different stages of Life. So before you start your financial planning you must know in which stage you are. Everything Changes except Change Whether changes, Economy changes, thoughts … Continue reading
Wealth Creation by Assets Allocation Strategy
In today environment you see, Market is too volatile, we cannot time the market but we use some strategies to reap the benefits from the market. As per past market history seen in last 3 years it is not advisable … Continue reading
Common Mistakes by Investor
Some common mistakes made by Investor like: Confusing financial planning with investing. Investing only for the purpose of tax saving. Neglecting periodical review of the financial situation. Delaying the accumulation period. Setting unrealistic goals. Looking for quick-fix financial solutions instead … Continue reading

