Should Archives - Page 2 of 16

5 reasons why early jobbers should not delay their investment plans

August 13, 2019August 13, 2019 Loknath Das5%;, Delay, Early, investment, jobbers, Not, reasons, Should, their, Why

The earlier you start investing, the more time you allow your investments to grow with the magic of compounding. These days it’s not unusual for fresh graduates to start their careers with hefty salaries. And — something that might come as a surprise to some — not all young professionals squander away all their hard-earned money on frivolous things. That doesn’t mean they don’t make the most of their newly-acquired financial independence in terms of having some fun, but they’re also conscious about how to differentiate between their ‘needs’ and…

PM Narendra Modi’s lifestyle includes Yoga and so should yours! Here are 5 reasons why

June 22, 2019June 22, 2019 Loknath Das5%;, and, Are, Here, includes, lifestyle, Modi’s, Narendra, PM, reasons, Should, So, Yoga, yours!

Prime Minister Narendra Modi believes yoga is one of the most precious gifts given by the ancient Indian sages to the humankind. It teaches equilibrium and equanimity and is an integral part of our lives. According to him, yoga helps in achieving oneness among our body and soul and also with our families, society, and humankind. The world marked its 5th International yoga day on Friday. The United Nation Organization (UNO) on 11th December 2014 declared 20th June as annual calendar day for International Yoga after recognising the universal appeal and popularity…

Why You Should Never Forget to Submit Your Investment Declaration Form

April 29, 2019 Loknath DasDeclaration, Forget, Form, investment, never, Should, Submit, to, Why, You, Your

The first month of the new financial year is soon coming to an end, and all salaried employees would be eagerly waiting for their monthly payout. But if you did not submit your investment declaration form, your monthly salary slip can throw you off. If you missed your investment declaration deadline, your employer would have over-calculated your tax liability and deduct the excess tax due from your salary for the following month. There is no reason to panic since you have time till 31 March 2020 to make the necessary…

Why you should rebuild your business as often as possible

March 24, 2019 Loknath DasAs, business, Often, possible, rebuild, Should, Why, You, Your

Over the course of my company’s 15 year trajectory, we’ve never stopped rebuilding it. Rebuilding isn’t an option; it’s the only way forward. It’s how we adapt to market conditions, client requirements, and employee needs. A rebuilding mentality drives forward-thinking practices and ultimately ensures that we stay not just relevant but ahead of the curve. After years of focusing on a rebuilding strategy, I’ve distilled the approach into the following five rules: 1. Don’t give in to routine Businesses are born everyday. Everyday someone with a fresh idea or a…

‘Investment in 8-10 stocks should be good enough if your budget is between Rs 2-5 lakh’

February 9, 2019 Loknath Das$2.5, 8-10, be, between, Budget, Enough, Good, if, In, investment, Is, Lakh, Rs., Should, stocks, Your

For most people, financial decisions pertaining to investing, buying insurance or taking loans are erratic, rather than an informed and planned process. This means that they have innumerable stocks and dozens of mutual funds without taking into consideration, the impact on their financial goals. In this article, I am going to highlight some of the asset classes to help you determine the optimum mix and how much is too much per investment instrument. Mutual Funds: Most of the people are often confused as to how they should segregate their funds.…

Here’s why you should choose SIP over lump sum when investing in ELSS

December 4, 2018 Loknath Daschoose, ELSS, Here's, In, Investing, lump, Over, Should, Sip, sum, When, Why, You

Archit Gupta ELSS funds are an efficient instrument to save tax and build wealth at the same time. ELSS is an equity mutual fund which allocates most of your invested capital in stocks of companies across industries and sizes. These funds come with a lock-in period of three years. It means you cannot redeem your fund units for three years from the date of allotment. It is one of the investment avenues available under Section 80C of the Income Tax Act which qualifies for availing a tax exemption of up…