Finance Forum India

Fixed Deposits are one of the safest forms of investing money to increase savings. Knowledge of taxes on Fixed Deposits can help you plan your decisions to invest better. For any person thinking of a comfortable future, savings and investments are two major ways to increase wealth – they represent securities as well as hopes for a comfortable and secure tomorrow. Among the various savings options, a good option is the Fixed Deposit or the FD. A Fixed Deposit is a financial instrument, offered  by banks or monetary institutions; investors who sign up for fixed deposit accounts get higher interest rates...

  When the destination is Goa, taking a vacation is easy. You call up your gang of friends, hop into your car and lo, your weekend vacation has already begun. You need little or no planning for such short trips. But when it comes to international vacations, you need to plan a little more. In this article, let’s explore the different ways you can finance the foreign trip that has been on your bucket list forever. Estimate how much the trip is going to cost you Alright, you have decided to take a vacation abroad. But where do you want to...

For an average Indian household, children’s education continues to be one of the biggest expenses. Education costs are constantly rising and planning for this outflow is very important. Lifestyle inflation also affects the cost of your child’s education. As living standards become higher, parents want to send their children to the best institutions. Furthermore, children grow up in a certain atmosphere and do not want to attend government institutes that do not offer the latest and best technologies. In this situation, financial planning is crucial to ensure your child’s education is not compromised. You may be able to build the required...

There are several things that need to be ticked off from the list when you are going to study abroad. When it comes to the US, the things remain the same along with a few more. Arguably, the most important one amongst many is getting international travel insurance before you set off to live the ‘American Dream’. Let’s find out why. The importance of buying overseas travel insurance when going abroad for studies cannot be understated. The fact that around 30 Indian students were deported because of nonadherence to immigration formalities is a testament to this. It is estimated that there...

Vishal Mhatre was a 29-year old marketing executive who’d moved to Mumbai from Nagpur in 2009 when he landed a plum job with a leading corporate. He loved the on-job learnings, and the buzz of Mumbai, but what he didn’t factor was the sheer enormity of day-to-day living- the exorbitant rents, the insane commute times, the traffic, the expenses on entertaining oneself… etc. etc. To bring some order to his expectations vs. income, he did the following things: -          Rented a shared accommodation in Andheri, a far-off, but accessibly-priced option in comparison to localities near his office. -          Started commuting by...