Money

How to check bank balance without Internet on phone

  Banking facilities such as checking account balance, generating mini statements and fund transfers can all be done via a mobile handset without an internet connection. Read on to know how. Despite India being in the midst of a mobile and intern..

Financial Planning For Homemakers

  Anju’s husband Harish gives her a lump sum of Rs 20,000 to run the house on a monthly basis. This money is used to cover the family’s living expenses, buying groceries, paying utility bills and other such expenses. All was well until..

First Time Credit Card Users to note

  If you are using a Credit Card for the first time, always try to use its distinctive features to maximise the advantages. If you are the first-time Credit Card user, then huge financial benefits may not be far away. Credit Cards help you learn ..

Are Zero Percent Interest Schemes Really What They Say They Are?

  Zero per cent schemes do tend to have a big influence if you are someone looking to buy something, which otherwise would be well beyond your reach. You buy their theory of ‘zero percent finance’ and pay instalments which you strongly..

3 Ideas That Could Multiply Your Diwali Bonus

  It’s that time of the year when you may be sitting on a hefty Diwali bonus in your bank account. While it is indeed heartening to see the extra money in your bank account, many are unsure of how to put it to good use. The most important fa..

Watch out when using your credit card abroad

  You had been saving up for this wonderful trip to Europe and you finally made it! You spoilt yourself silly with more than an eyeful of Europe – some fine-dining and went a bit overboard with your shopping as well. You could afford some o..

Travel Budgeting

  What’s the first thing that comes to your mind as soon as you see a long weekend approaching? A holiday, right? You start planning weeks in advance just to get everything right. This includes looking for the best accommodation and flight b..

All About NEFT Fund Transfer

  There used to be a time not very long ago when sending money from one account to another, whether in the same city or another city, used to be a long and tiring process. It used to be an eternity before you could actually get the money to move...

Ways to nail those air ticket bookings

  By Steffi Dsouza, When it comes to travelling, buying an air ticket can be a mighty expense sans other things. It doesn’t matter if you’re travelling on business or for pleasure. You usually spend a significant amount on your Credit..

Interest on Saving Bank account up to Rs 10,000/- is eligible for deduction u/s 80TTA

  Section 80TTA provides for deduction of interest on deposits in saving account up to a maximum of Rs 10,000/- only. Interest received over & above Rs 10,000/- is taxable.   Query 1)1. During payment of income tax by challan on 29th Ma..

SENDING MONEY ABROAD? READ THIS FIRST

  The other day, we came across a person who wished to send some money to his son living in London, England. The son wished to open a restaurant there and was falling short of around Rs 25 lakh or roughly USD 40,000 capital. The father had the fun..

A journey towards a cashless economy can catalyse economic growth

  By Amitabh Tewary, India is experiencing a revolution in the payments space. The Government’s demonetization decision along with various other reforms have shown us how going cashless can make life easier. There is increasing competition ..

Bitcoin A Cryptocurrency & Beyond

  By Prof Saurabh Ratnaparkhi I n 2009, a global byproduct had been accouched in the world. To apperceive we may call it- a catalyst, a gift, a boon, or a catastrophic element of the digital world. It’s really knotty at first and highly horr..

Learn to live within your means

  I f you know how to live within your means, and find joy in it, well then, you have attained ‘financial nirvana’. Pat yourself on the back – you’re amazing! One of the biggest perks of living within your means is leading ..

Proper documentations & planning could lower tax incidence

  U/s 56(2)(x), if anyone purchases any immoveable property for an inadequate consideration (i.e., if the stamp duty valuation of the property is more than the actual purchase price) and the difference between stamp duty valuation and actual purch..

10 Mutual Fund MythsBusted

Mutual Funds are a convenient way of investing in the stock market and creating wealth. However, people often get carried away by the misconceptions revolvingaround them and refrain from exploring this investment instrument. In this article, we will bu..

Signs that your teenage kid is heading towards financial disaster

  Aug 2 By Ketki Herlekar Your babies mean the world to you but they could make you want to pull your hair out just as easily. Everybody knows it’s not an easy task to be a parent of teenagers, however new age and ‘cool&rsqu..