The interim Union Budget 2019 has made some changes which could be beneficial for small tax payers, we try to summarize the changes in simple terms, hope this helps you understand the implications to your personal income tax liability Net taxable income up to ₹ 5 Lakh would have zero tax liability There is no increase in the exemption limit for Income tax, the benefit is being given by way of rebate under sec 87A,…
We, at Fintify, love people who love to be part of path-breaking inventions. Risk takers, people with flair, and having an unquenchable passion for creating solutions for a new world order. In our case, the financial world. Fintify is on course to become a world class Fintech product with elegantly designed, simple yet powerful tools to enable individuals to understand and interpret their finances in new light and mobilize them more effectively. The beta version…
Studies show that human behavior is changing due to the impact of social media – relationships, inter personal communications, aspirations and value systems have all been influenced by the exposure to social media platforms. In the age of the “connected human”, we are putting up more and more of our personal lives online. Everything about us has a digital footprint somewhere, our likes, shares, follows, tweets/re-tweets, mentions, pins, boards, and search history create a…
Over the last year we at Fintify spoke to hundreds of people – family members, friends and strangers about their approach to management (or lack thereof!) of their personal finances in a bid to understand their outlook towards money and personal finance management. This exercise helped us understand the factors which influence the average person’s attitude towards personal finance management – which is something that affects us all profoundly, but tends not to occupy proportional…
India is one of the preferred destinations for NRIs to invest in. Apart from the emotional attachment of investing in ones’ motherland, it is also one of the fastest growing economies. According to the Reserve Bank of India’s latest monthly bulletin, there were inflows to the tune of $3863 million in NRE deposits during the period April to November 2017, against an outflow of $11,198 million in the corresponding period in 2016. This is an…
