ICICI Prudential Value Discovery fund is a scheme that aims to invest in a well diversified portfolio of value stocks.The fund aims to invest in companies that have attractive valuation in regards to their earnings or book value.The fund is currently listed in the Small and Mid cap fund category however this is due to […]
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It is not the income that brings financial freedom but it is the balance between income and expenses which help you attain it. Managing money is an art and science. People work hard to fulfil their aspirations but few mistakes may jeopardize all their efforts. Despite of having adequate income people find it difficult saving […]
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Income tax act provides scope of claiming deduction from gross total income. Income earned by an individual under different heads like salary, business or profession is clubbed together to calculate the gross total income. Then eligible deductions are claimed and tax is calculated on the balance income. Here we shall discuss deductions allowed for assessment […]
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Behavioural finance identifies and explains biases that detract from our ability to make rational financial decisions. Understanding of these human biases can help a financial advisor to better understand a client’s choice, and is an important step toward developing financial strategy that meets clients’ investment objective. Behavioural biases can be placed into two broad categories: […]
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If you changed your job in the previous year and the tax has been calculated and deducted by your second employer without considering the income from your previous employer, or you have earned income from other sources like saving bank interest exceeding Rs. 10000, interest on fixed deposit, capital gain etc. then you may have […]
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