ELSS Saves Tax And Makes You Rich

ELSS Saves Tax And Makes You Rich

Heard this great saying by former US President Richard Nixon? “Make sure you pay your taxes; otherwise you can get in a lot of trouble.” Sampath a young 28 year old man, works in an IT firm in Bengaluru. He had never heard of Richard Nixon, but he knew he had to pay taxes. Sampath earned Rs 12 Lakhs a year. This salary meant he paid a lot in taxes, as he never bothered to do tax planning. He grumbled, he cursed, but he paid his taxes.  All this changed…

Read More

The Steps You Need to Take Before Retirement to Manage your Wealth

The Steps You Need to Take Before Retirement to Manage your Wealth

Retirement is the normal process to be crossed by any individual at the aged stage. Individuals should plan in advance to arrange the financial matter that helps to lead a comfortable life at the aged stage. Each person should calculate the amount that is received as pension, the amount that is received as a retirement withdrawal and finally the amount to be deposited in the bank. Calculating these things helps to recognize the goals and income to be directed in a proper way to achieve the lifetime objectives. These plans…

Read More