Manoj Arora's Blog, page 20

Tax Exemption Vs Tax Deduction

If you’ve been foxed by the differences between some common financial terms, you’re not alone. For many years I was confused between the two terms "Tax Exemption" and "Tax Deduction". It all looked the same to me. Understanding the difference is critical to calculate your true tax liability as well as filing the right Income Tax Returns every year...Read on.. Both "Tax Exemption" and "Tax

12 Ever-Lasting Lessons from "The Last Lecture" by Randy Pausch

"The Last Lecture" is a New York Times best-selling book by Randy Pausch. The book was born out of a lecture Pausch gave in September 2007 entitled "Really Achieving Your Childhood Dreams". His hypothetical imagination was based on what wisdom would you try to impart to the world if you knew it was your last chance? I, hereby, list down the 12 Ever-Lasting Lessons that I learnt from this 

Filing IT Returns after death of a Payee

Life can betray you, but not the Income Tax department.  If any of your closed ones departed recently, remember that it is a legal responsibility of the spouse, legal heirs or family members to file the IT Return on behalf of the deceased for that year. And ignorance of law was never an excuse. However emotional or traumatic your life situation may be, the law is unemotional and

Relentless Faith can cut even your past Karmas

Our future destiny is a result of our past and current Karma. We may ruin the fact that we have done bad Karma in the past, and would now have to face the consequences. At the same time, we also feel the power that good Karma today can change our future destiny. This is what I used to feel until I met my Guru a few months back - and my perspective towards life is getting a complete makeover.

Understand the charges on Mutual Funds

As an investor, it is very important to know what are the charges involved in investing in mutual funds. When your money is handled by a team of experts - stocks are bought and sold on your behalf, periodical communication is sent on investments, charges are given to the intermediaries etc, it does not come for free. All these expenses come with a cost...Read on.. There are broadly two types

23 Winning Jewels from the book "How to Win Friends and Influence People" by Dale Carnegie

"How to Win Friends And Influence People" is one of the first best-selling self-help books ever published. Written by Dale Carnegie (1888–1955) and first published in 1936, it has sold over 30 million copies world-wide. I, hereby, list down the 23 Winning Jewels that i learnt from this awesome book. I know that I need to keep practicing these learning day in and day out. These learning are

18 Inspiring Quotes on Financial Freedom - Explained..

Some of our quotes on Financial Freedom have been hitting the popularity chart on the web. We thought of compiling our Top 18 quotes and sharing them with you..along with their meanings and other recommended articles. We hope it helps you understand and implement them more effectively in your life..Read on... 1) The struggle for Financial Freedom is very unfair. Just look at the rewards.

CPSE ETF

Government of India has announced the CPSE(Central Public Sector Enterprises) index fund. Managed by Reliance Mutual Fund, this will be the second CPSE ETF by the Government of India...Read on to find whether it is worth getting into it? Intro to CPSE Fund The fund aims to provide investors the opportunity to invest in a diversified basket of public sector companies and benefit from the

Detach the Duality - to experience bliss

We are not ONE. We are actually TWO entities - each of us. If you can understand this fact, visualize it, absorb it, believe on it and practice it in your daily life, then you are assured of a blissful life ahead..Read on... "Dad, how can we be two?...I mean explain me this. I am of course one - I am not two.." My elder one asked me while we were driving to her school. Her younger

Now, 32 Human lives depend on us : 6 months of Kalpavriksha

It has been 6 months since we launched Kalpavriksha. Many of you donated for this cause - some financially, some by selfless service and some by their wonderful wishes and brilliant ideas ! At the least, it was on us to give you a report showing what difference your contributions could achieve in these 6 months, and how the road ahead looks like...Read on. Why are we doing it? "A single