This is the cruelest month in some poor soul’s life who bungles on their tax planning every year. Mostly, they get a pay cheque which is a fraction of its usual size in April as they always delay in submitting a list of their tax-saving measures to the office.
First, do a review of your tax liability, to ascertain what and how much. You actually need to save as much tax as legally possible. It may be quite possible that the life insurance premiums that you are paying along with the …

Hi All,
I was planning to Buy some Mutual Funds for My Financial Planning ,But i thought as market is High will it be Right time to invest in Mutual Funds via Systematic Investment Plan (SIP) than i came across an Interesting term and a vital tool which can help us all in our Financial Planning .It is called

Value-Averaging Investing

The concept of VIP was first developed in the early ’90s by Harvard university professor Michael Edelson, and has gained wide credence and acceptance in the investing world.
What Does Value Averaging Mean?
VIP …

Came across this interesting article Sharing with all of u.
1. Forget the news, remember the chart. You’re not smart enough to know how news will affect price. The chart already knows the news is coming.
2. Buy the first pullback from a new high. Sell the first pullback from a new low. There’s always a crowd that missed the first boat.
3. Buy at support, sell at resistance. Everyone sees the same thing and they’re all just waiting to jump in the pool.
4. Short rallies …

National Savings certificate (NSC)
This is a fixed interest, long term instrument for investment. NSCs are issued by the Department of Post, Government of India. Since they are backed by the Government of India, NSCs are a virtually risk free avenue of investment. They can be bought from authorized post offices.
How it works
NSCs have a maturity of 6 years. They offer a rate of interest of 8% per annum which is compounded half yearly. Minimum investment is Rs. 100/- and no cap of maximum limit.
NSC’s …

Double Tops:
A double top is a reversal chart pattern which is defined by a chart where a Stock makes a run up to a particular level, then drops back from that level, then makes a second run at that level, and then finally drops back off again.
In its most basic sense what the double top pattern is saying about supply and demand forces is that demand is out pacing supply (buyers are winning) up to the first top causing prices to rise, and then the …

Public Provident Fund (PPF)
PPF is a long-term, government-backed small savings scheme of the Central government started with the objective of providing old age income security to the workers in the unorganised sector and self-employed individuals.The Public Provident Fund Scheme is a statutory scheme of the Central Government of India. The PPF scheme is operated through Post Office and Nationalized banks. PPF account can be opened either in Post Office or in a Bank. Account is transferable from one Post office to another and from Post office to Bank and from …

Post Office Monthly Income Saving (PO MIS)
This scheme offers monthly income and is a safe, guaranteed-by-the-government option. For retirees, widows and others looking for a steady income, it can be ideal. Even young investors who are comfortable with steady and risk-free returns can opt for this scheme. As the scheme is offered by post offices, it is backed by the government. Thus, the PO MIS is one of the safest investments available
How it works
A lump sum amount is deposited with the post office with a maximum limit of Rs 3 …

Read it even if u are not much into investing …it’s a good read..interview with Warren Buffett
He Speaks Now,
It was a wonderful experience listening to and learning from the Master Investor- Warren Buffett himself and all I can say is that he stands alone as the reigning deity of financial world’s Mt Olympus!
The degree of humility and composure he exhibited, although he is the richest and most well respected human is stunning!
I tried to take some notes and would like to share with you some of the best questions …

Hi all,
Coming 1st April there will be a change in method of calculation of interest on your savings account as directed by The Reserve Bank of India.
Lets first understand how Banks Calculate Rates currently on your Saving Account
3.5 per cent per annum or 0.29 per cent per month on the minimum balance in savings account between the 10th of the month and the end of the month.
So we used to get interest on the minimum amount which remains in the bank account
After the announcement the …

Hi All,
I am sharing with you a Nifty Intra day trading strategy which many trader follows in Intra day,Before sharing this i will let you know that this is one of the million trading set up and has it own pros and cons.
Strategy
Go long in Nifty once
3 EMA> 13 EMA>34 EMA SL should be below 34 EMA
Go Short in Nifty once
3 EMA< 13 EMA<34 EMA SL should be above 34 EMA
And RSI if it is above 80 and unable to make new High once can again …