National Pension System
Launched in January 2004 exclusively for government employees, NPS is open for subscription to all citizens after rolling out the Voluntary National Pension System in 2009 and gained momentum thereon. NPS offers tax deduction of up to Rs 2 lakhs in a financial year to both salaried and self employed individuals. However, individuals who have […]
Making better decisions
Usually decisions are made based on two pillars: beliefs and values. A decision maker’s values reflect his or her sense of what to strive for or to achieve, including goals and objectives. A decision maker’s beliefs are a reflection of his or her perceptions of reality, including facts, opinions, and uncertainties surrounding them. I believe that value and beliefs […]
Problem of Averages
A boat has sunk in the middle of a river. Jack and Jill, both 6 feet tall are forced to wade through the water to reach land. They see 2 sign boards in opposite directions. Sign A says ‘average depth 5 feet’ and sign B says ‘average depth 3 feet’. Jack follows sign A while […]
Yoga & Investments : Striking Similarities
Did you know that the practice of yoga and investments have a lot of things in common and you could incorporate certain yogic techniques in your financial life to beat the stress associated with it. Discipline – Only if you are fully committed while doing yoga will you be able to reap rewards. Similarly, you […]