Sovereign gold bonds: What you need to know

As Indians we are perpetually attracted to gold. Traditionally it is bought either in the form of jewellery or in form of gold coins and is considered safe haven for money to be utilized in times of need. To quench this thirst, Indian government has come up with sovereign gold bonds which allows not only … Read more

Save lakhs on your home loan by prepaying (and calculator to see what you can save)

There is a perpetual dilemma with those servicing a home loan; whether to prepay or not. I was once in the same category. So I have created an excel calculator to show the impact that prepayment can have on:  savings on the interest payment and the income tax deductions. The file has 3 main sections: … Read more