Make the most of Fintify

Let’s not kid ourselves anymore that financial health isn’t important. Studies have shown that financial well-being ranks at par with personal health and the social interactions we have in determining our core quality of life. On an average, a financially responsible user has over 11 different accounts across bank accounts, credit cards, investments, insurance and loans. Add to that multiple cross border currency accounts and that number nearly doubles. We have developed Fintify as a…

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India Budget 2019 – Personal income tax implications

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,…

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The best way to predict the future is to create it ..

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…

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The Anatomy of Personal Finance

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…

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Challenges for NRIs investing in India

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…

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