Author: ITeCApp

It is not always the big-ticket expenses, but rather some unwarranted one-time or recurring costs that quietly drip away your money. These hidden expenses are the costs that mostly remain unnoticed during your routine transactions. When we take a deeper look, we often realise that these expenses are not always “invisible”; rather they hide behind…

Introduction In today’s world of financial uncertainties, building a balanced investment portfolio is of paramount importance for every individual. A balanced portfolio is allocating your investments into different asset classes which aligns with your financial goals and risk appetites. Understanding the relationship between risk and reward is essential to take informed decisions in the financial…

Introduction In today’s fast-paced world, “Financial Literacy” is an important life skill that every kid should learn early in life. It is a broad term that involves realising the value of money, the importance of saving, skills of budgeting along with learning the nitty-gritties of financial planning. With digital finance becoming part of everyday life,…

Financial goals differ from person to person depending on the individual aspirations, responsibilities and lifestyle expenses. It is important for everyone to plan their finances, keeping in mind both their needs and desires. This is where the concepts of financial independence and financial freedom come into the picture. Though often used interchangeably, they offer different…

Investing in and acquiring the dream home is one of the major ambitions of almost every individual. Considering the gravity of this dream and infrastructure development, the government offers several tax benefits for investments in such asset creations. Here’s a breakdown of the benefits available under the Income Tax Act. 1. Standard Deduction on Income…

Education can very well be described as the most important aspect of human development and growth. Considering the importance of education in nation building and the financial burden it places, the Government of India provides several tax benefits on education expenses. In this article, let us delve into tax benefits available for Indian taxpayers for…

Planning your finances and investments is not just about growing your wealth; it is also about safeguarding yourself and your loved ones from uncertainties during unforeseen events. Preparation for uncertain times is the key to successful financial planning. In continuation of our previous blog on various savings schemes for Indian taxpayers, here is our latest…