Our president Mr. Pranab Mukherjee, while addressing 40th convocation function of All India Institute of Medical Sciences (AIIMS) in New Delhi, said “It was unacceptable that almost 80% of the expenditure on healthcare by people was met by personal, out of pocket, payment. I am shocked to note that as many as 4 crore people…
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Average returns tend to not reveal the entire picture when it comes to investment decisions. In today’s world, most of us look at our portfolios in real time and take split second decisions on the investments made. However, due to the volatility of the markets often these decisions lead us into the wrong path. The…
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Among the best practices followed by the top investment managers, tax is an important aspect to be considered. It is common to see advisors in the West talking about pre-tax returns and more importantly post-tax returns. However, in India, we do not talk about post-tax returns when talking about the returns of the investment portfolio.…
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A report titled Rent vs Buy: a Personal Finance Perspective by ArthaYantra, company that provides personal finance services, shows that though traditionally buying a property is considered better compared with renting, the reality may not be so. Usually, buying a home is considered to be a means for financial security and creation of wealth whereas…
DetailsThe current economic uncertainty combined with the inflated real estate prices makes the Buy or Rent decision tougher for a common man. Zero or negative growth in incomes, higher interest rates and shrinking carpet area for the same money make a strong case for a personal finance driven rather than emotional Buy or Rent decision.…
DetailsTable of Contents Summary 1. Introduction 5 2. Methodology 6 3. Assumptions 7 4. Findings 4.1 Historical data of Real estate prices 8 4.2 Property Cost vs Rental Value 9 4.3 Down Payment 11 4.4 Area 12 4.5 Rent to Buy Ratio 13 4.6 Break Even Horizon 14 4.7 Comparision with 2012 15 5 ArthaYantra…
DetailsTake the equity route for children’s education if the goal is at least 15 years away; investing in debt alone will result in a lower corpus Mumbai-based Pushpa K and her husband have started saving for their children’s future requirements, primarily higher education, a goal more than 15 years away. They have started systematic investment…
DetailsTo save tax, a lot of investors end up buying instruments that are quite useless and expensive Between December and March, employees go on an overdrive to save tax. A problem Nitin Vyakaranam, chief executive officer of ArthaYantra.com, realised when giving a talk on financial planning to a company. Even the junior employees with salaries…
DetailsFor Indians, owning a property is not just about investment but it is stereotyped as an achievement that is associated with their growth, self-pride and respect. This emotional attachment to house buying may overpower the real financial calculations and may put the buyer in financial risk. Explaining this scenario, ArthaYantra CEO Nitin Vyakaranam says, “In…
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