Higher education is getting expensive and many of us need to take an education loan to fund higher education for children. Fortunately, all the banks offer education loan products. And, given the product nature, there are a few peculiarities about education loans. Since the student won’t earn while studying (or earn enough), education loans have… Continue Reading
Budget 2020 gave a choice to the taxpayers and a reason to rejoice to the tax accountants. As a taxpayer, you have the following two options. Take tax deductions and continue with the old tax regime Opt for the new tax regime and don’t take tax deductions As a taxpayer, this choice seems relatively simple.… Continue Reading
For most young professionals, buying a house tops the list of priorities. Even those who do not believe real estate makes for a good investment, do not have second thoughts about purchasing a house to stay in. Not only does it give you the comfort of living in own house, it also provides financial security… Continue Reading
The Finance Minister, Nirmala Sitharaman, presented the final budget for the FY2019-2020 on July 5, 2019. The Interim Budget was present in February this year. The new budget retains the relief offered to the taxpayers and adds a few tax incentives for the taxpayers. At the same time, there will a small section of taxpayers… Continue Reading
Higher education is getting expensive every day. For many families, such education must be financed through an education loan. All the banks and NBFCs provide education loans. In this post, I will discuss a popular education loan scheme from the State Bank of India: SBI Student Loan Scheme. SBI Student Loan: Important Things to Know Eligibility:… Continue Reading
A few days back, one of my clients me told that his brother was going for higher education and that he (his brother) was unsure if he should take a personal loan or education loan to fund the education. Frankly, it was an apple and orange comparison. It is difficult to compare an education and… Continue Reading
Higher education is getting expensive each year. Management education at any premier management institute in India will cost north of Rs 15 lacs for two years. And the high cost is not just limited to management education. Not everyone may have the resources to fund such education on own. Those who don’t have the resources,… Continue Reading