Expense Account, Mint Iknew theoretically that large finance firms—banks, financial product manufacturers and financial advisory firms—move to countries with lax regulation. But I am seeing this happen real time right now. In the next two years, I expect large boat-loads of suits to wash up on the Indian coast. They’ll all be escaping from rules...
Expense Account, Mint As I breezily recommend an index fund to anybody who is risk averse and still wants “better” return than a bank deposit, I forget to take into account a slice of the reader and viewer segment which does not know the assumptions or the formulae behind this sweeping prediction of the future...
Expense Account, Mint February is no longer the same. A mixture of rising incomes, home loans and spending-linked tax-saving options (such as school fees) make the Public Provident Fund (PPF) and National Savings Certificate (NSC) investments more for continuation of the account rather than the need to get the Rs1 lakh 80C deduction. But the...
Expense Account, Mint One of the nicest calls I answered on my weekly TV show recently was from a 20-something kid from the US who wanted to plan out her parent’s finances. Mum had retired, dad was going to soon and daughter wanted the best advice for her parents on cracking their retirement nest egg....