Sunday, March 1, 2015

Our survey says that women have following abilities which make them a natural prudent financial planner:
- Natural Saving habit
- Taking risk after going through all details
- Evaluating various options (even in small shopping they do it)
- Patience
- Consistency
- Long term goal approach
- Less speculative
So, you are born to become planner.
‪#‎women‬ ‪#‎finance‬ ‪#‎goal‬ ‪#‎money‬ #goal

Treatment of House Rent/HRA for Tax Calculations

Treatment of House Rent/HRA for Tax Calculations:
1 . If an employee is getting House Rent Allowance (HRA) from the employer Exemption will be available u/s. 10(13A), which will be least of the following :
A) Actual amount received by the assesse
B) Actual amount paid towards less 10% of salary
C) 50% of the salary (in case of Mumbai, Delhi, Kolkata, Chennai) and 40% in any other case
2. If an employee is not getting HRA Deduction will be available u/s. 80GG, which will be least of the following :
A) Rent paid less 10% of Adjusted Total Income
B) Rs. 2000/- p.m.
C) 25% of Adjusted Total Income.
its time to change the scenario..
- make your own financial portfolio,
-be it
- Bank accounts/Bank FDs
- Gold / Silver
- Real Estate (s)
- Equities
- Bonds
- Tax Planning
- Budget for House/Business
- Financial Planning for:
- study, marriage, kids schooling, vacations, home, car

Story of successful Indian Entrepreneur (Female)

Story of successful Indian Entrepreneur (Female).
Name: Naina Lal Kidwai,
Current position: Group General Manager & Country Head - HSBC,India
Kidwai has a Bachelor's degree in Economics from Delhi university and then she pursued MBA from Harvard Business school. She was the first Indian woman to graduate from Harvard Business School.
She started her career with ANZ Grindlays . Presently, she is also serving as a non-executive director on the board of Nestle SA. Kidwai is also global adviser at Harvard Business school.
Indian government conferred Padma Shri award on Naina Kidwai for her contributions in the field of Trade and Industry.