This is a touchy topic! Should parents give money to adult kids? Let us say for the following: Buying a car Buying a house Higher education Marriage For an expensive vacation (expensive because the kid cannot afford it) I do have strong views on this. Everybody should learn to live within their means. If you […]
If you are wondering why I keep repeating some of these things, it is simple. I keep meeting people who make such basic, basic, basic mistakes in investing, that it is painful. I met a person earning Rs. 400,000 a MONTH being asked to take a Rs. 700,000 loan, BECAUSE the interest is tax deductible. […]
Women need to plan for their retirement more than men need to – because they work for a lesser period and live longer. However they do have some major obstacles towards achieving this goal: 1. They study less: Academically women do better, but even in communities where education is important girls are NOT encouraged […]
If you are a reasonably big company you need to file your Annual Returns with the RoC (Registrar of companies) in the eXtensible Business Reporting Language. Annual Returns include your Directors Report Auditors Report Profit and Loss Account Balance sheet Notes on accounts Management Discussion Analysis…etc. A company has to file its AR in xbrl […]
For those of you who do not use what is parroting – it is repeating some cliche statements without understanding what it means. It also includes those statements which some of them may have no clue what it means. Let us take some statements which I hear…and some which are on the media: 1. Sir […]