Ask Us: On investments - The Hindu thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Q. I have taken housing loan of ₹29.60 lakh from SBI in FY21 for purchase of a flat. Construction of the flat is on. My EMI has already started. I am a government employee. Can I get any income tax re
ASK US
Updated:
May 23, 2021 23:18 IST
Updated:
Share Article
Image of plant and currency on concept on economy growth
Q. I am a 20-year-old bachelor. I am a government employee (part-time, but permanent). My monthly income is about ₹15,000. Please help me in sketching drawing up a holistic financial plan.
Tamire Prasanth
Aarati Krishnan answers
A. You are right to start with a financial plan. To have a really personalised plan that you can go with for life, it would be best to take the help of a qualified financial adviser. But, if you are keen to make a start by yourself, you need to list down the financial and life goals that you may have today, along with the timelines you have in mind for achieving them. If your goal, within 3 years, is to take a holiday or buy a vehicle, that would be a financial goal. If you want to pursue higher studies, that would be a goal too. If you would like to purchase a house or marry, those would constitute goals too. This is apart