Daily Archives: 25th May 2019

4 mistakes that can hurt your retirement planning

Retirement planning is not just about how much one needs to save for retirement and where it should be invested. Mistakes in dealing with other related areas can in fact derail otherwise careful retirement planning. Here are four mistakes that you should avoid while planning your retirement. Some of these relate to other financial goals […]

HRA Exemption Rules: How to save tax on House Rent Allowance

For most employees House Rent Allowance (HRA) is a part of their salary structure. Although it is a part of your salary, HRA, unlike basic salary, is not fully taxable. Subject to certain conditions, a part of HRA is exempted under Section 10 (13A) of the Income-tax Act, 1961. The amount of HRA exemption is […]

SBI offers doorstep services for seniors

MUMBAI: State Bank of India (SBI) has launched priced ‘doorstep banking’ for senior citizens over 70 years of age, as also for differently-abled and infirm customers, including those who are visually impaired. The facility will be available for those living within a 5-kilometre radius of select bank branches. These services are available against payment of […]