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Barakah Finserve

How much return are your assets yielding?

Too much equity may expose you to undue risk, while being too conservative and investing only in, say, FDs can mean that you are not able to build the corpus that you need.One must also keep in mind the volatility risk of the asset class, liquidity, lock-in rules and taxation


Barakah Finserve

Sebi to firms: Can’t advise, distribute to same client

Sebi consultation paper proposes client segregation, new rules for financial advisers


Barakah Finserve

NRI whose income isn’t fully taxable can file Form 13 for nil or low TDS certificate

If the payee qualifies as an NRI during the relevant financial year, the payer is required to deduct TDS at a specified rate on the taxable income of the payee.It is advisable to document the gift through a gift deed. The taxability of receipt of gift in the US may need to be analyzed separately


Barakah Finserve

Opinion | Change your mindset towards money to have a financially meaningful 2020

Strike a balance between expenses and savings, and spend time on your money life


Barakah Finserve

Don’t stop saving to pay off home loan

You need to check the cash flows or assess if you can provide for the EMI in addition to your monthly savings.


Barakah Finserve

Online money transfer through UPI: How to protect yourself from frauds

UPI allows users to transfer money instant from one bank account to another on a real-time basis.UPI has grown faster than other mode of digital payment in India


Barakah Finserve

Noida girl fights for 1.5 lakh stolen from debit, credit cards sans OTP or PIN

When using debit cards abroad, you may not receive an OTP for online transactions up to a certain amount.All a hacker needs is the card number and CVV


Barakah Finserve

Should you invest in NPS just to get additional tax benefit?

Should you restrict yourself to investing only ₹50,000 to avail of the exclusive deduction or invest more than what offers you a tax benefit under any Section? Ashwini Kumar Sharma asks experts if NPS is an attractive retirement tool


Barakah Finserve

Don’t borrow to invest in tax-saving products

If you didn’t have the financial discipline to put aside some money all year long for saving tax, it is unlikely that you’ll have it now to pay the loan EMIs.You may liquidate an FD meant for your retirement, if that goal is far for you, and redeploy the money in ELSS


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