Herd behavior in investing leads individuals to follow the crowd, influenced by social pressure and word-of-mouth recommendations. This can result in frequent trading, missed opportunities, and overvaluation, all of which increase costs and risk. Avoiding these pitfalls requires independent research, a disciplined approach, and a focus on long-term goals.

How Billionaires Use the 5-Hour Rule to Build Wealth and Make Smarter Financial Decisions

Why Traditional Budgeting No Longer Works and How Gen Z & Millennials Can Build a Smarter Financial Plan

Discover how wedding gifts can enjoy tax exemptions under the Income Tax Act. From cash to property, gifts from relatives and non-relatives are covered without limits, provided you follow key documentation and compliance rules

Simplifying TDS - The foundation of tax collection.

Mutual funds poised for growth amid untapped investor potential.

The Muhurat Trading session typically lasts for about an hour, with specific timing announced by the stock exchanges.

Dhanteras is not just about wealth accumulation, it’s also a time to practice financial gratitude.

Why should you choose an education loan to finance your education?

Herd behavior in investing leads individuals to follow the crowd, influenced by social pressure and word-of-mouth recommendations. This can result in frequent trading, missed opportunities, and overvaluation, all of which increase costs and risk. Avoiding these pitfalls requires independent research, a disciplined approach, and a focus on long-term goals.

This guide will equip you with a smart strategy to conquer your investment journey and turn your Rs 10 lakh into a wealth-building machine.

In this article, we'll demystify the intriguing 15-15-15 rule for wealth creation.

Meticulous financial planning and adherence to these strategies lay the groundwork for a secure and enjoyable retirement. In this article, we will further explore it. 

Calculate your tax-adjusted real rate of return to get a clear picture of how much money you'll actually make after taxes.

An emergency fund is an essential part of any financial plan. In this article, we will explore how to build emergency funds for yourself. 

Behavioural finance research has important implications for investors that can influence their decision-making. In this article, we will explore further about it. 

A small amount of money can make a big difference in the event of an unexpected expense. In this article, we will explore further about it. 

I am an individual and in service with a corporate organisation. In FY 2021-22, I joined a MNC that paid me a joining bonus of ₹ 10 lakhs with the condition that I should work with them till March 2025.

Growth investing offers several potential benefits like high return potential, long-term wealth and diversification. Read on to learn more about them. 

Growth investing is a strategy for people who are looking to potentially make more money by investing in companies that they believe will get bigger.

Everything you need to know about SWPs, from how they work to how to set one up.

PMS and mutual funds both are good investment options, but it will depend on individual circumstances and goals.

This article is a continuation of Part 1 of - Avoid these 5 common financial mistakes to secure your future. 

How to choose the right investments for your goals.

Learn how a Systematic Investment Plan (SIP) can help you achieve financial goals, even if you're a beginner. 

Securing your financial future requires careful planning, disciplined decision-making, and avoiding common financial mistakes. Read on to learn more about them.

Start early and invest regularly to build a corpus of Rs 3-4 crore.

 5 tips for improving your financial well-being. 

Don't let the myth that you need to earn a lot of money to be financially freehold you back. With the right plan and a little bit of discipline, you can achieve your financial goals.

It is a settled law that assessment cannot be made in the name of an assessee who has already died.

Avoid common mistakes and increase your chances of success in the stock market.

A reversed mortgage loan enables a senior citizen to avail of periodical payment from a lender against the mortgage of his or her house while remaining the owner and occupying the house.

Tax Queries Jayesh Dadia Chartered Accountant 

The provision of Section 281 of the Income Tax Act can be invoked only if there is sale, mortgage, gift, exchange or any other mode of transfer of your asset in favour of any other person. The assets referred to in Section 281 are specific and tangible in nature.

Tenancy right is a capital asset. Therefore, consideration received on surrender of tenancy right is subject to Capital Gain Tax. It seems that you have been staying there for more than three years. Therefore, the entire capital gain would be in the nature of long-term capital gain.

Taking on equity exposure via mutual funds sets you free from portfolio diversification. The year gone by was quite volatile and eventful for equities, but now the question is what’s there for mutual fund investors in 2023? In this article, Henil Shah analyses the best five equity mutual funds for 2023 for conservative, moderate and aggressive investors

Tax Queries By Jayesh Dadia Chartered Accountant

Disruption in world affairs, rising inflation, low equity returns and fear of a looming recession are leading many investors to assess alternative forms of investment. Not surprisingly, many are turning to precious metals like gold and silver to act as a safe haven. But is it the right time? Vardan Pandhare helps you answer the question

Although a majority of fresh years begin with new resolutions, only few incorporate financial resolutions. Let us therefore set financial resolutions to achieve a financially sound 2023. This article will assist you in this regard

My father died during the financial year 2020-21. As per my father's legal will, an executor was appointed and the assets are to be distributed amongst myself, my brother and my mother. Pending distribution, I have filed the return of my late father's estate as an individual. Is this action correct?

You probably have read a number of articles on how renting a property is better than purchasing one. In fact, there are several calculators accessible online that explain the process. However, there are advantages and disadvantages to both renting and purchasing a home. In this article, Henil Shah discusses whether you should purchase or rent a home

This bank offers a 9.59 per cent interest rate on its fixed deposits to senior citizens. Read on to know more about it.

Tax Queries By Jayesh Dadia Chartered Accountant 

I am employed with a closely held private limited company. During the current financial year, I resigned and claimed encashment of leave salary of ₹ 3 lakhs. The employer wants to tax this amount since the same is encashment not on retirement but on resignation. What is your view? 

I am an individual and doing F and O activity (derivatives) at Nifty through a registered broker.

Robo-advisor is a digital financial platform that furnishes automated, mathematical algorithm-driven financial advice along with investment management services that include minimal human intervention. Initially, this technological innovation was applied to automate and optimise passive index strategies based on the modern portfolio theory. Robo-advisors have evolved from there.  

Tax Queries by Jayesh Dadia, Chartered Accountant

Public Provident Fund (PPF) is one of the most preferred investment avenues by individuals looking for a long-term tax saving instrument with low risk to park their hard-earned money. Let us look at what makes PPF so popular while also taking a look at Equity Linked Savings Scheme (ELSS)

I am an individual. The Indian Railways had acquired my land situated in my native village for a total consideration of ₹10 crore as compulsory acquisition. Although the compensation was determined in 2016 I received the same in the current financial year along with interest of ₹2 crore.

Digital technology is a new force that is driving massive changes in the insurance sector and with an increasing number of people buying insurance policies online, it is important to understand the positives and negatives of such a choice

Putting together a retirement plan is like putting together a jigsaw. In truth, there are several parts that you must integrate to complete the puzzle. What exactly are they? Let us investigate.

Whether it is a domestic or an international flight that you have booked, the probability of something going wrong either with the flight or at the place you visit is quite high.

As the end of the fiscal year approaches, many people will be crunching spreadsheets and calling their chartered accountants. This article is a list of things you should do before March 31, 2022.

I am an individual. I own four residential houses.

The way a reverse mortgage loan works is that it allows an elderly person who is the owner of the house to convert his house equity into loan in the form of cash part by part. The article explains how it works and its benefits

Muthoot Homefin allies with India Mortgage Guarantee Corporation for mortgage guarantee backed loans 

India is one of the world’s largest gold consumers and the Indian fondness for gold has never faded. Gold, in fact, is the most desired commodity, whether it is for a religious celebration, an important event or a marriage in the family.

Given the fact that a serious or critical illness can strike you any time and maybe without any warning, it is best to be financially secured to face any such eventuality. You can do this by opting for a critical illness insurance policy

National Pension Scheme is one of the investment instruments where an individual can invest his/her funds for retirement. National Pension Fund regulated by the Pension Fund Regulatory and Development Authority (PFRDA).

Understanding your risk tolerance allows you to choose assets that are a good fit for you. Continue reading to learn more about it.

Tax queries by Jayesh Dadia Chartered Accountant

Setting realistic financial goals is one of the finest methods to get control of your finances.

Individuals with limited savings and income must necessarily consider buying a health insurance policy so that any unplanned expense related to health-related emergency can be taken care of without worries.

There are various fixed income schemes available that offer regular income in the sunset years and one of them is the Senior Citizen Savings Scheme (SCSS). 

National Pension Fund regulated by the Pension Fund Regulatory and Development Authority (PFRDA), is a good retirement option for employees working in Government as well as the private sector.

There is a certain amount of mystery and curiosity about Bitcoin, more so because the New York Stock Exchange has now introduced a Bitcoin-linked ETF.

Even though retiring early might seem like a good idea, you should keep in mind several factors before making the decision. Keep reading to find out what you should do.

In the current financial year I have signed one sale agreement as a power of attorney holder on behalf of the property owner. The sale consideration was received in my name and was credited to my bank account which subsequently I have transferred to the account of the owner.

The article explains in detail the kinds of maturity benefits that may be claimed from the insurance company in case a policy has matured or the policy owner has expired before the maturity date

Usually, investors who are retired or are nearing retirement seek a source of regular income. Can mutual funds become one such source? Let’s find out.

Most people are well-acquainted with the fact that insurance is a prime component of

National Pension Scheme is one of the investment instruments where an investor can invest his funds for his retirement.

The pandemic has been a big disruption across the world and one of the negative fallouts has been the loss of employment for many, thus leading to tremendous financial pressure. In such a scenario, job insurance needs to be given topmost priority

There are occasions when equities will perform better, there are times when debt will perform better and there are times when gold will outperform the other asset classes

There are some principles of insurance which are generally accepted throughout the world.

Tax Queries by Jayesh Dadia Chartered Accountant

In today’s world, every person is surrounded by uncertainties which might adversely affect the life of an individual and his family.

Where should an investor invest in order to fulfil short-term commitments?

When it comes to making investments, most people are attracted by the flashiness of the equity markets and mutual funds.

Post office saving schemes offer several investment instruments, which are safe investment options available for risk-aversive individuals.

The Post Office Monthly Income Scheme (MIS) is a low-risk investment scheme offering steady income and, hence, is suited for conservative investors and senior citizens.

In the latest Olympic Games India’s performance was at an all-time best.

Of all of life insurance policies on offer, the endowment and money-back policies are quite popular. The article compares both to find out the advantages and disadvantages of each

National Pension Fund regulated by the Pension Fund Regulatory and Development Authority (PFRDA), is a good retirement option for employees working in Government as well as the private sector.

In order to enjoy the same standard of living once you are retired and do not have a regular income, there is a need to engage in proper financial planning. And this must necessarily include retirement insurance

PPF for long has remained the mainstay of retirement planning for Indians. Nevertheless, NPS and MF have emerged as better alternatives in the last decade. Let’s find which is better for you. 

PFRDA has increased the age limit of investing in NPS. Read on to find the detail. 

Behavioural factors influence the investment decisions of the individual

You can use the savings that you make through these schemes for retirement, higher education, children’s education, marriage, at the time of job loss, to reduce debts, and more.

Children's insurance plans are a combination of insurance as well as investment which helps in funding children's future financial obligations

Home equity loan can be availed for any purpose and is available against both residential and non-residential properties

We see a lot of investors focusing only on returns and ignoring the risk part, which either leads to disastrous results or a devastating investment experience. One of the important things is to understand what sequence risk is all about

By viewing each financial decision as part of a financial plan, it might help you to consider the long-term and short-term effects on your life goals.

Your personal net worth is a combination of the total assets you possess and what you owe.