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Difference between Tax Exemption, Tax Deduction and Tax Rebate?

Tax is the biggest worry for most of us. Like me, there are many who do not understand the process and are worried about how to get through this during this time of the year. We either hire an expert...

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How to Save Taxes on Sale of Property?

Special Exemptions on Capital Gains on Sale of Immovable Property: The Government of India provides some exemptions on long-term capital gains arising from the sale of immovable property like houses, apartments, etc. To understand how capital gains are calculated and...

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NRIs should buy term insurance cover in the country of residence

This article was first published on livemint. As an NRI, should I invest in assured long-term saving plans with life cover or mutual funds? Let me come to one of the basic tenets of personal finance—you should not mix investment and...

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How to Save Taxes on Health Insurance

If you are planning for your tax saving, then a good option would be to invest in Health Insurance. Not only does it reduces your taxable income but also, provides you protection against the rising medical expenses. How much deduction...

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Key things to consider before investing in real estate

This article was first published on Moneycontrol For the last few years, the sales in the Indian residential market has been plummeting. There is a supply glut in most large markets in the country. Despite an improvement in the sales and supply...

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Taking a long break from work? Plan for the money well in advance

This article was first published in Moneycontrol. How frequently do you ponder about leaving your Nine-to-five routine and enjoying things that you have always wanted to do? It may be a three-month vacation, signing up for a course, pursuing a business...

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5 Top Rules for Retirement Saving

5 top rules for retirement saving Retirement saving is a lifelong process. It sounds daunting to many, especially since the event is years away but it is unavoidable. However, by adhering to some simple rules, an effective retirement plan can...

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Build Your Savings on This World Savings Day

They say that making money is an art. But savings is one too! Increase your savings so you don’t have to worry about having rainy days. It’s good if you are saving money already, but if you haven’t then kick...