Finance

Insurance
Insurance - A few basics What is Insurance? Insurance is a financial product one "buys" to cover various risks he faces in his life, including risk to his own life, his body and his assets. The term "buy" implies... more
Taxation
On Taxation and Tax Payer Responsibilities A country is similar to a home or a family when it comes to money. The family has an income and there are expenses to meet. Expenses could be against the 3 very basic needs of every human being food, clothing and shelter, besides other needs like... more The 5th Season Some Manickam, who I barely remember, is very much concerned about my life style, my savings, my future and my family. He sent me a mail to think about the adversaries in life and plan properly considering what will happen to my family when I am not around – to be precise, dead.  more Income Tax should be abolished! Countries across the world should stop collecting income tax and instead should slash a charge - call it service charge, amenities charge, infrastructure charge, security charge etc. Citizens should pay this charge on a monthly basis pro-rated on their income and they should get a receipt for the charges paid.  more