Investment Planning Tips

When somebody says, 'Tax Returns', our brain switch just turns 'off' because who will do all that paper-work?! Plus, it's so complicated to understand. But think about it, we are already paying so many taxes. Taxes on food, taxes on clothes, taxes on travel, taxes on movies! So, Ladies and Gentlemen, it is time to turn that switch back 'on' because by doing our tax planning, we can save a lot of money, and that in turn will get us more money. Options such as Equity Linked Savings Schemes (ELSS), NPS, and PPF are highly helpful in saving your taxes and money. In fact, tax saving mutual fun ds such as ELSS tax saving options have become very popular simply because they not only save you money but also help you grow your capital. Now, what is Income Tax? Suppose you are earning 'x' amount of money. Out of that, you have to give away some to the government so that it can use it for public services. Now, we can't control how and where our go...

Online currency trading in India is still in its infancy but is slowly gathering momentum over the past two to three years. Many investors have begun to understand the true value of currency trading in not only diversifying a portfolio, but also reducing or balancing risk. Online currency trading is a great and wide platform for investors to trade in prominent global currencies. Different traders have their own preferences of stock market blocks. Some people like putting their money in equities, some in commodities, and some in mutual funds. It is now that they start thinking about diversifying their portfolio while reducing risks and put their money into currency trading.             Currency trading is nothing but buying and selling or foreign exchange or currencies. You will be surprised to know that the daily turnover of global currency trading is more than $5 Trillion. This clearly defines the potential currency tra...