Why it is essential to plan a home purchase? Home is one among the biggest personal purchases one makes in a lifetime. Hence it is only prudent to plan it immaculately before committing any cost. Why immaculate planning is necessary? Because we are dealing with a lot of money here. In this article we will…
What is the effective income tax paid on the salary that we earn? Whenever this question is posed on people their answer is, “as per our tax slab”. But when the question becomes more specific, people start to falter. Why? Because they have never done this calculation themselves. If you also subconsciously desired to get…
Advance tax payment is not only applicable to the rich Bollywood stars and Businessmen. Even a salaried person may require to pay advance tax. How a salaried person can pay advance tax? This is what we will see in this article. But before that, lets understand the conditions under which a salaried person may be…
What made me do the analysis of PTC India share price? Recently I observing the overall stocks market and its individual sectors in general. In last few days, the stock market has been showing signs of a possible correction. During such times, I often visit BSE India’s website and watch individual sector’s indices. Here I found…
What is BHIM UPI? BHIM stands for “Bharat Interface for Money”. How BHIM UPI works? UPI stands for “Unified Payment Interface”. BHIM UPI is a revolutionary payment system started by Government of India. BHIM UPI is basically a Mobile APP which can be used to send and received payment in seconds. Why its is revolutionary? Because of three…
We can derive some important investment answers using excel. In this blog post we see some of the most common investment questions being answered effortlessly using excel. Generally we do very lengthy calculation in excel to arrive at a particular answer. But why to do those lengthy calculations when excel has some inbuilt formulas which…
Financial planning for doctors is essential, why? We know that good doctors earn lot of money. So does it mean that all good doctors are rich? Not necessarily. Doctor is a professions which is a combination of personal skill and knowledge. A perfect balance of both makes a doctor good or average. Any work which…
Earning Power Value (EPV) method of stock valuation was developed by Bruce Greenwald. At the outset EPV may give an impression that it uses a too simplistic approach to value stocks. But when I went into its calculations, its phenomenally detailed and good. I was really impressed with the person who developed such a concept. Who is…
Vardhman Textile share price is currently trading at discount to its intrinsic value. This is a reasonably good company to watch out for investing. How this company came to my notice? One day I was recently preparing a report for my blog post on the topic of PEG ratio on India stocks. In this list I…
The concept of pay yourself first has tremendous powers of making one financially independent. How? At least, it builds a strong foundation for it. “Pay yourself first” was a phrase which was first used in a book called The Richest Man in Babylon. But this simple statement has been converted into a profound personal finance rule…
MRF Ltd finds its name in the Forbes list of India’s Super 50 Companies 2017. MRF Ltd operates in Tyre manufacturing sector. In terms of net sales, MRF Ltd is the number 1 tyre company in India. It has a sales turnover of Rs.13,245 Crores. The second best is Apollo Tyres having sales turnover of…
What is your daily expense? Have you every tried to calculate the quantum of it? How to calculate daily expense? Realisation of the quantum of daily expense is both interesting and important. Just the realisation of this number will help you keep a check on your unnecessary expenses. How? We will see in this blog post……
