Category: Finance

What is Rule 72?

What is Rule 72? In personal finance, if you divide the number 72 by the rate of interest, you get to know the number of years it will take for you to double the...

Income Tax deductions in India

Income tax deductions in India

  The following are the complete list of tax deductions for individuals as of the financial year 2017-2018. Hope it’s useful for all Section 80c Under Section 80C, the maximum tax exemption limit is...

Thumb rules of Financial planning (India)

  Thumb Rules of Financial planning (Most are specific to India) 1. 30 % of your income must be used for monthly living expenses. 2. 30% of your income must be used for Liabilities...

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