Personal Finance Archives - Finance Friend

How many people in India are investing in mutual fund?

March 14, 2023 CA. Kalpesh Karia

https://financefriend.in/ Karia CA. Kalpesh

It is an obvious question to ask How many people in India are investing in mutual fund out of Total population of 140 cr. According to AMFI website as on 28th Feb,2023 , there are a total 14.42 cr Mutual Read more […]

What is an NRO Account ?

March 13, 2023 CA. Kalpesh Karia

https://financefriend.in/ Karia CA. Kalpesh

NRO Account means Non-Resident Ordinary Rupee Account Scheme . NRO can be opened by NRI. NRI is a person resident outside India who is a citizen of India. Nowadays there is more craze to settle Read more […]

What is Sovereign Gold Bond and how it works?

March 10, 2023March 7, 2023 CA. Kalpesh Karia

https://financefriend.in/ Karia CA. Kalpesh

In India we are always in love with gold. With change of time and technology , there are options available to buy gold digitally instead of paying making charges or taking hassle for storage . Sovereign Read more […]

What is the simplest investment strategy?

February 21, 2023February 21, 2023 CA. Kalpesh Karia

https://financefriend.in/ Karia CA. Kalpesh

What is the simplest investment strategy

There is no free lunch ! Direct Investment through Equity or Mutual Fund may not be a good idea for all investors . This post will provide a clear idea ,What is the simplest investment strategy? YouTuber Read more […]

What is the best tenure for term insurance?

February 8, 2023February 8, 2023 CA. Kalpesh Karia

https://financefriend.in/ Karia CA. Kalpesh

Term insurance is a must for risk management which will help individuals to cover his/her life and works as income replacement . First step in financial planning is to have an emergency fund and to have Read more […]

It is not about Old Vs New Tax Regime but Saving Vs Spending

February 4, 2023February 2, 2023 CA. Kalpesh Karia

https://financefriend.in/ Karia CA. Kalpesh

Budget 2023 has further reduced Income tax liability in the new income tax regime in India . There is no tax liability upto Rs.7 Lakhs income . You will find lots of number crunching exercises on LinkedIn Read more […]