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Comprehensive Fixed Deposit Calculator – I: Total and Advance Tax Liability

If you are holding fixed deposits, you could use this calculator to compute: tax you need to pay each financial year after accounting for TDS advance tax instalments to be paid (if applicable) This calculator is a spin-off my recurring deposit calculator which was featured in OneMint. The calculator was requested by Anshu and is…

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Can You Think Of A Risk-Free AND Tax-Free Mutual Fund?

Question 2: Name mutual fund types with near zero probability of money-loss? I am big fan of lowering risk and tax. Before I save and invest I try to choose instruments with minimum risk and tax out-go. Of course the type of risk differs: loss-of-money-risk when saving and loss-of-value-risk (or inflation risk) when investing. Choosing…

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Overwhelmed By How Much You Need To Invest For Your Financial Goals? Here Is A Way Out!

One of the first steps towards taking control of ones financial life is to list down all long-term and short-term goals that one needs funds for. The next step is to use a calculator to estimate how much one needs to invest for each goal independently. The results can often be frightening and sometimes even…

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The What, Why, How and When of Portfolio Rebalancing With Calculators to Boot

Beginning to invest for a long term goal in accordance with a plan is an important first step. Once the investing process is underway, performance of the instruments chosen have to be monitored the portfolio rebalanced the goal plan re-evaluated annually and a few years away from the goal-date a plan to shift funds from…

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Pay off home loan or invest for retirement? Calculate and find out!

Recently subra wrote an article on Payoff Mortgage or Invest…continued. Here is a calculator to fortify the argument I have modified my financial freedom calculator to accommodate immediate lump sum investment to the lender to check if that option is better than investing the money for retirement (aka financial freedom) The excel file explains the…

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Good Calculators by Others

XLFinplan – Excel based Personal Financial Planning and Wealth Management Application EMI Calculators and information How to calculate EMI – Download Excel EMI calculator  (good one with several options)  EMI Calculator with yearwise projections of interest / principle components How Home Loan EMI is calculated ? How EMI’s Principle and Interest breakup is done A decent…

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OMG! Just Realized My Insurance Policies are Worthless! What do I do?

Thanks to the untiring efforts of many personal finance bloggers, the message “Don’t mix insurance and investments” is spreading fast and creating awareness.  The message is intended primarily for those who are thinking about buying a pension-plan, child-plan, ULIP, endowment plan etc. but have not yet done so. Unfortunately the message strikes fear and panic…

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