god knows when i will again sleep in the night like i use to during my school days. life has become so much mechanical that we cannot think of anything else money and investments.
Wish to go to himalayas and stay forever without need for more money, as the place we are staying in, will never let us think anything else. God help us...
RE:sleep without worrry
by dr paras shah on Feb 22, 2007 02:30 PM Permalink
hey man, before going to Himalayas, just do one favour. send all ur money to my acount. U will get peace and I will be oblige.
RE:sleep without worrry
by Manish Kumar Gupta on Feb 22, 2007 02:45 PM Permalink
i hail frim Himalayas (Himachal)but life there too is Mechanical....thats why I think I am Dubai....
RE:sleep without worrry
by Gautam Sinha on Feb 22, 2007 03:03 PM Permalink
You slept well in school days because someone else very dependable and commited thought about money and investments for you. If you can find someone like that you might again not think of it. ha ha ha
RE:RE:sleep without worrry
by roland kumar on Feb 22, 2007 03:15 PM Permalink
before moving to himalayas give me a call ineed to send some gifts to my old friend their who went two years back
RE:Create tax-free income to your child
by Subramanian K on Feb 22, 2007 02:31 PM Permalink
Maybe you did not understand anything. This is a good article.
All that i hear after joining corporate life is Tax saving, insurane, investment. Even worse finding the proper mate, then marriage, kids. Hell enough i had all these throug out this last two years.
Oh my god Give me a mind which is as innocent & peaceful as was in School days.
what happens when i give my child a gift of, say,Rs.1.5 lac every year.is it not deducted completely from my taxable income and so will not be clubbed to my income.
Another good option is to invest in Child Plans offered by various Insurance companies where the sum assured bonuses all incomes that come out are TAX EXEMPTED. Also most of the companies requre investment for minimum of 3 years only adn so if anything happens to the investing parent and then the Child is still safe and gets his money after 'n' years and 100% tax free.
RE:Investments in Insurance policies
by Alok on Feb 22, 2007 02:41 PM Permalink
Yes, that is one of the good policy. Your child gets amount at the age of 18,20,22,24,26 . Also if something goes wrong with the parent, still the child will receive the same benefit. I have taken from the advisor rohpise@yahoo.co.in. Also I being parent i am saving tax on teh premiums.
