Women should be equal partners in money decisions and ownership I am at the Bengaluru airport getting back from an event. An old friend calls, “Are you in the city?” “Just getting back home, why?” I ask. “No, my wife just came back from your event and is asking me what we do with our […]
As you are aware, Budget 2020 got a slew of changes for Non-Resident Indians (NRI). We endeavour to collate announced provisions and its impact for you. Residential status criteria under section 6 There are three provisions announced, which you should take note of regarding Residential status. New provision for taxation introduced based upon residency status. […]
Warren Buffett’s annual letter to shareholders of Berkshire Hathaway provides deep insights into how he and his partner Charlie Munger are thinking about investments. His net worth is USD 91 billion (about Rs 6,50,000 crore). 99% of his net worth is invested in a single stock. At the age of 89, he doesn’t want to […]
This one is for all you yogis, meditators, and Buddhists out there. You want to achieve enlightenment? The key is not in down dogs and green smoothies. The key is budgeting. I know that sounds crazy. But take it from Thich Nhat Hanh, “budgeting leads to enlightenment.” I’m just kidding, Thich Nhan Hanh didn’t say […]
Combined contribution above 7.5 lakh in PF, NPS and superannuation fund would be taxed from 1 April. The Budget has been a shock for high salary earners. On the chopping board is a critical tax benefit. If the employers combined contribution to the Provident Fund, National Pension System and superannuation fund exceeds Rs.7.5 lakh a […]
Attitudes about money are formed at a young and impressionable age, says Uma Shashikant. We were at a store. A young family was shopping. The mother picked up an expensive bag and examined it fondly. She looked at the price tag and sulked, but refused to move on. The father shook his head in disapproval. She […]
2019, What a year it’s been. This year is nearly over and investors must be relieved. Many thought we will get into a global recession. Happily, that recession just didn’t happen. And we are into the year-end. It is said, ‘We manage what we measure.’ Isn’t the typical year-end time of reflecting and taking stock? […]
‘Avoiding regret is more important to life satisfaction than increasing accomplishments.’ There was no mention of more sex or bungee jumps. A palliative nurse who has counselled the dying in their last days has revealed the most common regrets we have at the end of our lives. And among the top, from men in particular, […]
We bring you a real-life investment journey on the occasion of Children’s day week. Investing for child education goals is one of the priority for any Indian family. Our esteemed client Mr. D (name changed), a salaried person, started investing for his daughter when she was in school. He began investing regularly for Ms. A. […]
Sometimes branding is everything in life. Life insurance didn’t take off until they changed the name from death insurance. Escargot sounds more appealing than eating snails. Global warming might be more concerning to more people if they called it planetary destruction or something that’s not so warm and fuzzy. Budgeting probably has the worst branding […]