Best Interest Rates on Saving Account
Saving accounts are one of the most popular deposit accounts for individuals in India. Savings accounts offer easy access to your cash you can make withdrawal easily and quickly i.e your money is...
View ArticleBest Fixed Deposits of Banks
Fixed Deposits (FD) is popular among investors in India as a safe investment option. Fixed deposits are the type of investment where investors invest money for a certain period of time. It is called as...
View ArticleMoney Awareness for Beginners
I want to enjoy life, I don’t have enough to invest, I wish I had inherited or won a lottery, I don’t know where to start were the questions, fears,comments that were raised during the money awareness...
View ArticleChecklist for buying Life Insurance Policy
It is important for you to know answers to a few crucial questions before buying an insurance policy. This not only helps in understanding the policy better, but also ensures peace of mind during the...
View ArticleShould you buy LIC Jeevan Sugam?
LIC has launched Life insurance plan called Jeevan Sugam which offers triple benefit of insurance, investment & tax-saving ,an irresistible combination,that too at one time payment only. In our...
View ArticleNot All Mutual Funds Do Well -the Laggards
More than Rs 6,000 crore of investors’ wealth is languishing in just 10 of these laggards. An equal amount may be stuck in scores of smaller funds that have not generated significant returns for...
View ArticleDirect Investing in Mutual Funds
There are many ways of how to invest in a mutual fund. It can be done over the internet, the Online way of investing. In the online mode, one can either go via demat/exchange route or via mutual fund...
View ArticleTax : Income From House Property
In this article we will give an overview on how to calculate Income From House Property . Income From House Property The Income Tax Act of India classifies income in five heads of which “Income from...
View ArticleTax and Income From One Self Occupied property
In our earlier article Tax : Income From House Property we had given an overview of how to calculate Income From House Property. In this article we shall consider the case of one house for...
View ArticleTax and Income from Let out House Property
In our earlier article Tax : Income From House Property we had given an overview of how to calculate Income From House Property, and Tax and Income From One Self Occupied property we discussed about...
View ArticleUnderstanding Education Loans
Education is expensive and Higher education is all the more expensive especially foreign education. Hence the need for education loan, which is a financial aid given to meritorious but needy students...
View ArticleGoals Based Financial Planning
If you do not know where you want to be, you would not know how to get there . This article explains about what is goal based financial planning? why should we go for it? How are we investing? How are...
View ArticlePPF Account for Minor and Self
Can I deposit 1 lakh each in my PPF account and my minor kid PPF account – so together 2 lakh deposit in the PPF. I would be claiming tax exemption under 80C only for 1 lakh for myself? Is this...
View ArticleUnderstanding Bitcoin
Bitcoin is hailed by some as the future of money and dismissed by some as a ponzi scheme. Why is it in the news these days? How does it work? Is it something new? This article tries to answer these...
View ArticleKnow Your Customer or KYC
What is KYC or Know your Customer for an individual? Why is it required? For what it is required? Who requires it? Is KYC for bank account different from that of mutual funds? Is doing KYC one time...
View ArticleBonus of Life Insurance Policies
Many of us take a life insurance policy because it offers guaranteed returns. Some part of the returns comes from bonuses declared by the insurance companies. This article explains What is the...
View ArticleThird Party Fund Transfer : NEFT,RTGS
Banks transfer funds from one one account to another.The primary methods to transfer money are physical and electronic transfers. In this article we shall look at the ways to transfer money...
View ArticleHow to Deposit in PPF amount
Public Provident Fund (PPF) is a long-term, government backed small savings scheme. Public Provident Fund is an ideal vehicle for long term investment in debt category, an important retirement saving...
View ArticleUnderstanding Chit Funds
This article explains what is Chit fund?How it works? Who invests in Chit fund? How popular it is in India? What are the benefits and disadvantages of investing in Chit funds? Why Saradha Chit fund in...
View ArticleUnderstanding National Pension Scheme – NPS
This article explains What is National Pension Scheme, NPS ? What accounts are available in NPS? Who are the Fund managers? How can one withdraw from NPS? What are tax benefits on investing in NPS? How...
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