## Investment Calculators: How to Calculate the Maturity Value and the Returns or Yield on a 5-Year Tax Saving Fixed Deposit?

Posted in Finance

Following-up on my previous post where I illustrated through a real-world example the way to calculate the maturity value and effective yield on a five-year tax saving fixed deposit (FD), I hacked-up a simple Android-application that helps you do the same in an instant wherever you are. Click here to download the 5-Year Tax Saving […]

## Investment Math: How to Calculate the Returns or Yield on a 5-Year Tax-Saving Fixed Deposit? Plus a Chance to Win a Personal Finance Book

Posted in Finance

I happened to see the below ad for a 5-Year Tax-Saving Fixed Deposit from Canara Bank. Whenever I see such calculations for a financial product, my first instinct is to try and figure these out by myself. Upon a first and casual glance, the ad seems to boldly project that everyone who invests would get […]

## Guest Post: The Power Finance Corporation (PFC) Tax Free Bond Issue — Should You Invest? An Analysis by Mr. Nikhil Shah

Posted in Finance

The following is a guest post from reader Nikhil Shah and deals with the intricacies of investing in the soon to close investment opportunity in PFC’s Tax Free Bond Issue along with the income tax angle. Nikhil’s analysis also contains a very interesting perspective on how you can plan for major financial goals through this […]

## Guest Post: The National Highways Authority of India (NHAI) Tax Free Bond Issue — Should You Invest?

Posted in Finance

The following is a guest post from reader Nikhil Shah and deals with the intricacies of investing in the soon to close investment opportunity in NHAI’s Tax Free Bond Issue along with the income tax angle. Nikhil’s analysis also contains a very interesting perspective on how you can plan for major financial goals through this […]

## Should You Reimburse Communication Bills As Part of Your Salary or Outside of Your Salary?

Posted in Finance

[sniplet facebook reposts] At work, for employee-grades “Manager or higher,” we have the following options for having communication bills (official expenses incurred on cell phone, broadband expenses at home, and Skype-out credits) reimbursed: Claim all communication bills within the “telephone allowance” component of the Flexible Benefit Plan (FBP). Usually capped at 2,000 per month or […]

## The Interest Bearing Balance (IBB) Method for Calculating the Interest Payable On Your PPF Account

Posted Posted in Finance

The content for this post was provided by reader Ajay who proactively noticed a mistake in the interest credited into his Public Provident Fund (PPF) account, diligently followed-up the matter, and got it corrected. Each of us needs to keep a vigilant eye on our personal finances because no one cares about your money more […]

## Tweets on 2009-01-22

Posted in Finance

I’ve been working on improving a few Excel-based calculators that I have previously published. Specifically, I have improved the following calculators: The enhanced Public Provident Fund investment calculator now provides monthly calculations for a period up to twenty-five years. [Link to the original article.] The enhanced Car Loan EMI calculator now supports both Advance EMI […]

## Why You Should Invest in a Public Provident Fund Account?

Posted in Finance

If you haven’t already started on a long-term savings strategy, you could begin on one this April with a Public Provident Fund (PPF) subscription. I believe that the PPF was started by the Government of India in lieu of social security. (I doubt if a Government can ever provide social security to a billion plus […]