Conviction of Mind

Income tax returns can be easily filed online for free with the help of government's income tax website. This can be done even if you don't have any digital certificate. Follow these simple steps: 1. Go to the income tax website . Income tax india e-filing home page. 2. Register using the above link. The username will always be your PAN number. If it says you have already registered and you haven't done so, then you might have to call the income tax department to get it resolved. This can happen only if you have given the details to another person for filing your income tax return. 3. Once you have registered, download the relevant ITR form. Use this link . Fill the excel file by following the instructions downloaded. This would ask you to enable macros. The instructions will be present as a README file when you download. 4. Validate the sheet and create XML using the macro buttons available in the excel sheet. This will create the xml file in the s...

Indians are primarily more on the saving side because of the environment surrounding it. They see everyone around them are saving and are doing the same! There is a big difference between Saving and investing and it will be a hard fought truth. Setting a goal and standing by it is pretty hard. The commitment is easy to come by if you are working and set by your peers and your managers (some of them don't get it even under the supervision of strong managers.. :-) ) and its also the inherent nature of the entrepreneur and he has it in his veins. But, to see through a goal that is set as a part of retirement or getting a house is very hard to come by and its hard to come even for an entrepreneur. Let us see a simple example. You need a house. First house. Absolute need. Alteration for rent. Everything. Fine. It should be understood that how much you are currently having in hand and how much you need as a loan and it should be a neatly laid out plan. How many of them who have bought th...

Its a catchy title to click on the contents of the post. If you have 2 Laks, Great! Already you have double of 1 Lak :) Okay, coming to the point, you are expecting 100% returns in a year. I have few important questions to ask you!? (1) How much risk averse are you? Do you know risk and returns join hand in hand? (2) If you are willing to take risk, Are you sure "You will not feel anything if you completely lose this 2 Laks" In the order of High returns, if you are great at trading and making returns. (1) Derivatives (Options and Futures) - Highest risk - You can lose all your money in one day as well. Gain the same in one day as well. (2) Intraday - High risk - you will lose comparably less money. But trading will lead to lose all your 5 days profit in the 6th day. Do you really want that. If you know what you do and confident doing that, and have the stomach for doing that, please carry on with it. (3) Equity - High risk - you will lose comparably less money. Again depends ...