Why IRDA v/s SEBI hasnt gone in your favour???
Those of us who are in India, we have been inundated with news of tussle between SEBI and IRDA to control/regulate the ULIPS launched by insurance firms. The SEBI's contention was that since ULIPS are...
View ArticleIPO INVESTING IN PSU - GOOD WAY OF MAKING MONEY IN STOCK MARKETS
I have always stayed away from directly getting into equity markets. This was inspite of my firm belief that equity is the best asset class to invest in if one intends to make money over long period of...
View ArticleINFRASTRUCTURE TAX SAVINGS BONDS - SHOULD YOU INVEST??
January to March is that time of the year when most of us are rushing towards making our mandatory"tax saving investments". While we are all well versed with tax saving options available to us under...
View ArticleBudget 2011-12 - What is in it for tax payers??
Well like every year , this year too 28th Feb 11 was one of the most awaited days of the year. Everybody was waiting to see what our beloved FM dishes out to common taxpayers via his budget for...
View ArticlePRECAUTIONS TO TAKE WITH YOUR CHEQUEBOOK
We all use our cheque leaves while making payments to various parties/paying bills etc , but, have we ever wondered what all can go wrong with these cheque leaves? There have been numerous cases of...
View ArticleWANT TO INVEST IN GOLD??
"The desire for gold is the most universal and deeply rooted commercial instinct of the human race."Gerald M. LoebThe above mentioned adage perfectly sums up the love investors have showered on the...
View ArticleBANK CASH TRANSACTION FROM MOBILE PHONE
There have been times , when we have been faced with situation of transferring money from bank account to another account without visiting bank branch. One can do cash transactions via netbanking if...
View ArticleTOP 5 TAX SAVING FIXED DEPOSIT (FD)
Tax saving FDs offered by banks in India are good option for someone looking to save tax under Sec 80 C without taking any risk that is inherent in equity exposure that ELSS offers. So, if you are one...
View ArticleWONDERING HOW TO CHANGE YOUR HEALTH INSURANCE? CHECK OUT HEALTH INSURANCE...
After stupendous success of mobile number portability introduced by TRAI , IRDA too has taken a cue and introduced health insurance portability in India from 1st October 2011. This is a huge step in...
View Article8THINGS TO HELP GET FASTER CLAIM UNDER MEDICLAIM POLICY
Its not uncommon to find people among us who have suffered at the hands of the mediclaim insurers during claim settlement. There are numerous instances where claim is rejected by the health insurance...
View ArticleGOLD LOANS - GOOD OPTION IN URGENCY
Till not very long ago, gold or gold jewellery was considered to be most sacred of family possessions in India, and a family would do its all to avoid selling it or mortgaging gold for taking a loan...
View ArticleHOW TO TRANSFER SHARES FROM ONE DEMAT ACCOUNT TO OTHER?
For those of us who have Demat Accounts and want to change from one Demat account to another for any reason will have to first get the holdings transferred to the new Demat Account before the account...
View ArticleTRAVELLING ABROAD ? TAKE FOREX CARD, GIVE "CASH" A MISS
For those who travel abroad frequently either due to personal or professional reason have to carry foreign exchange with them for using it during their stay outside the country. Most of the people...
View ArticleHUF AND TAX IMPLICATIONS EXPLAINED
What is an HUF? Down the ages, the Hindu community has largely believed in the concept of joint families, joint income and joint property that is shared and enjoyed by all the members of the family....
View ArticleRGESS - Is it Good One for Tax Planning?
Rajiv Gandhi Equity Saving Scheme ( RGESS) is s a new equity tax advantage savings scheme for equity investors in India. The scheme got it's approval on September 21, 2012. It is exclusively for the...
View ArticleCTS Compliant Bank Cheque - What is it?
What are CTS Compliant Cheques ? CTS is an acronym for Cheque Truncation System . CTS is a new clearing system proposed by RBI wherein the need for physical movement of cheques between drawer bank and...
View ArticleBest Tax Savings Mutual Funds (ELSS) - FY 12-13
Its that time of the year again when all of us scramble to do tax planning. We have lot of options under Sec 80 C of the IT act to invest upto Rs 1,00,000 and save taxes on it. Some of the options...
View ArticleHow to File Income Tax Returns? - 5 Must Dos.
Filing Income Tax returns is one of the activities about which there is lot of anxiety among lot of people . We need to understand that while filing ITR is important and necessary , it is also...
View ArticleRetired Recently? -Best investment option for Retired Person
Best investment option for Retired PersonThere are broadly 2 kinds of retirees viz 1. Those who draw pension from their employers 2. Those who dont have any pension from Employers . Now lets look at...
View ArticleDoes Pension Plans make sense ? - Should you invest in Pension Plans?
Recently IRDA has allowed Insurance companies in India to launch Pension plans after a gap of over 2 years . Earlier, the insurance companies did have pension plans in the market, but , the regulator...
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