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Showing posts from December, 2018

Maximum Amount, Maximum Juice - 80C Spl Series

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Very soon Google & Facebook's artificial intelligence-equipped robots will throw ads that will show you can save taxes up to Rs 46,500 on investment of 1.50 lacs under 80C. The second amount of the first sentence is enough for middle-class families to forget about tax saving forever. So for those not convinced about tax saving, let Droplet tell you a few important things about Tax Savings -  1. It helps you achieve a better rate of return irrespective of the instrument. (Ask us how you will be surprised to know the answer) 2. It inculcates the habit of savings.  3. It helps in retirement planning. (Oh! Seriously)  Ok, what we intend to inform our readers is -  1. Are they really eligible for Rs 46,500 savings on Tax 2. How much should they optimally invest to save Taxes under 80C.  Droplets has taken the example of 3 Salary profiles here and explained how much each of them can claim under 80C and what would be there Tax savings -  So as can be seen, those

Rich Dad. Poor Dad

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Disclaimer - This blog has nothing to do with the below book. But it has got everything to do with "Rich Dad & Poor Dad". We all want to be rich but hardly 1% actually make it there. At Droplet our endeavor is to make every person investing with us to be Rich. Because, believe us, becoming rich is not that tough, it's very simple and boring. But most of us blame it on our Parents for not giving us the kind of launchpad (Like inheritance, Degree from Fancy college, things, etc.,) to become rich. Include those of you who say "Avanukku enna, avanga Appa sambachu-vechu irukkaaru..."  Before we proceed to say anything we want to bring to you 2 real stories from our beloved place ie., the Stock Market.  Of course one of the companies is Rich Dad's and Another is Poor Dad's. Below is the Sales that these companies have recorded in the last 10 Years.    As you can see the 1st company had started with huge sales figures and gradually