Category Archives: Tax Benefits of Education Loan

You May Have To Pay These Penalties For Untrue ITR Claims | MoneyMindz

By | 14/08/2018

     If you misreport income or show false losses reducing taxable income, you are liable to pay heavy penalties. After demonetization, Section 270 of the Income Tax Act was amended so as to affirm that misreporting and under-reporting of income would lead to heavy penalties.  According to the amended section 270A of the Income Tax… Read More »

Save Income Tax for Salaried Professionals for Financial Year 2018-19

By | 14/06/2018

The financial year 2018-19 has arrived. It is time to pay tax. How do you save tax? Worry not! We have a few methods to save tax. Tax Saving Methods for Salaried Professionals: Invest in Public Provident Fund (PPF) : One of the most popular and foremost investment options in India is Public Provident Fund… Read More »

Are You Aware Of The Term,’National Savings Certificate’? – MoneyMindz

By | 13/06/2018

Investments are varied in number. Your financial goal determines where you have to invest for better returns. One of the investment options available is National Savings Certificate also called NSC. What is National Savings Certificate? National Savings Certificate is a Government Savings Bond usually for small savings and income tax saving investments in India. It… Read More »

Education Loans to Study Abroad | Financial Advisory India | MoneyMindz

By | 23/05/2018

In many countries, 70% TO 80% foreign students aren’t being funded by universities. Neither can we self-fund. In order to do an MS in the US, 30 Lakhs to 1 crore required! 1. Rate of Interest What is the rate of interest? The extra amount paid by you to the bank on the principal amount at the event of taking… Read More »

Invest In PPF Account Before 5th Of Every Month. Here Is Why – Money Mindz

By | 21/05/2018

The Public Provident Fund is what you call PPF. The principle and interest you earn on the Public Provident Fund is guaranteed by the Indian Government. That means your investment is safe and you earn interest on it. PPF is a chosen investment for a large number of Indians and continues to be so. Wistfully,… Read More »

Tax Benefits On Education Loan and Fees – Money Mindz

By | 10/05/2018

Did you know that the government ensures relief to taxpayers by letting them varied tax benefits on fees and loans pertaining to education? Education is crucial. You can do so many things with education ranging from getting employed to starting your own business, ranging from creating something unique and innovative to doing research. It improves… Read More »

10 benefits Of Filing Income Tax Returns (ITR) Despite Being Below Taxable Bracket – MoneyMindz

By | 17/04/2018

Hello!! Nowadays, after getting employed, youngsters assume about the insignificance of filing Income Tax Returns (ITR) supposing that their salaries plunge beneath the Taxable Bracket. This is false. You’ve to file Income Tax Returns at the dawn of your earning. Here are some benedictions of filing Income Tax Returns (ITR): No squabble for applying for… Read More »

WE LISTEN YOU PROSPER WITH GOOD FINANCIAL ADVICE @ MONEYMINDZ

By | 19/12/2016

India is a nation consisting of people from the poor/middle class and hence will be careful in spending their hard earned money. Simply earning is not good enough; you must also know to effectively channelize your savings in a logical fashion.   Financial Advisors @ Moneymindz is unique, as it is India’s top financial advisory company… Read More »

WAYS AND MEANS AN INSURANCE AGENT CAN MISLEAD YOU

By | 19/12/2016

Insurance is the major component of any financial market. Everybody likes to make quick money. Hence, insurance agents, having greed for incentives, will try to get more customers at any cost. Ways  A Good Insurance Advisor Can Mislead You: Some of the ways in which a good insurance advisor can mislead you are as follows:… Read More »

TAKE UP GOOD EDUCATIONAL LOANS IN EASE – MONEYMINDZ

By | 19/12/2016

MoneyMindz.com India’s First Free Online Financial Advisors Education makes a nation strong and more than 90% of Indians are literate. Demand for skilled/educated people for any executive position and beyond has increased and nothing better than quality education. Moneymindz.com is India’s largest financial search engine offering guidance in giving the education loans. Vitality Of Educational… Read More »