Category Archives: Tax Planning

Guiding You For Diversifying Investments-MoneyMindz.com

By | 12/06/2019

          A known fact is that when it comes to advising on investment, professional managers will tell you to spread your funds around, or rather, diversify. In order o protect your assets, it is always best to diversify. Therefore the huge decline in stock prices over the past few years is… Read More »

Do You Measure Your Financial Progress?-MoneyMindz.com

By | 11/06/2019

          When it comes to financial progress we are all at different places. In fact, some of us may not even measure progress in the same way. As you get to see that “rich” means different things to different people, the way you measure financial progress might vary from the way… Read More »

Is It Important To File Your Income Tax Returns In Time?

By | 31/05/2019

      Have you realized one important thing that filing of income tax returns (ITR) is around the corner and authorities have already released the necessary utility for such filing? Therefore people consider it as a tedious task, thus starting late which further can lead to delay in filing or in an incorrect filing.… Read More »

These Five Situations Tells You To Review Your Financial Plan

By | 25/04/2019

Having enough amount of money at the right time for what you intend to do is like a dream come true. Therefore tenants of personal finance talk about creation and execution of financial plan for financial well-being of an individual. What you plan today may not work next year, as your needs change, your cash-flow… Read More »

You Can Maximise Tax Savings Using Health Insurance Of Yourself And Family-MoneyMindz

By | 24/04/2019

      Do you know what is insurance? Insurance is spreading of risk – unexpected financial losses for some of the participants from a common fund formed out of contributions of the total participants, and where all participants are equally exposed to the same loss. Again if we talk about Health Insurance, it is… Read More »

Now Save Interest Cost By Paying Advance Tax On Personal Income

By | 24/04/2019

    You are aware of the obligation to file tax returns on time. What about ensuring timely compliance with payment of tax during the year? One thing is that the tax laws cast an added responsibility on taxpayers to pay a specified percentage of tax by way of periodic payments during the year. Such… Read More »

Avoid These Mistakes While Investing In Mutual Funds-MoneyMindz

By | 20/04/2019

      Have you invested in a mutual fund scheme till date? If not, you are not trendy for sure. You should know the fact that the idea behind most investments is wealth creation over a long period of time. But not many make it to the wealthy end. There are various reasons behind… Read More »

Why Not Plan Your Finances Wisely To Save Taxes?-MoneyMindz

By | 16/04/2019

The utterance of the word “tax” emits a negative feeling in most people. It is not only about the realms of the real world, but in the iconic Bollywood film Lagaan that was based on a fictional story dating a century back, the protagonist had a “fear of paying tax”. Well over the years, terms… Read More »

Steps To Follow While You Claim Life Insurance Benefits-MoneyMindz

By | 16/04/2019

        A bitter truth but getting over the loss of a loved one is tough. In cases where the departed has dependents, life insurance helps tide over the financial burden they may face. Therefore, it’s important to know how to claim the insurance benefits upon the death of a loved one. So,… Read More »

Set Your Financial Goals With These Smart Tips-MoneyMindz.com

By | 15/04/2019

       One of the most important questions that almost every investor has in mind is what instrument will get him the maximum rate of returns?  Is it the right question to ask? So, the basic tenets of personal finance advice individuals to start with introspection. You should start with your financial goal and… Read More »