How New Pension Scheme Differs from Atal Pension Yojana
With the launch of Central Government’s New Pension Scheme (NPS), lot of questions has stemmed the minds of people. Is the New Pension an extension of Atal Pension Yojana (APY)? Are these two schemes different? What we will get in NPS? Is it better than APY? Whal all tax benefits we will get if we invest in NPS?...
Is Your Property All Set for Getting You a Loan Against Property?
You’ve come across this really amazing project idea you want to invest in, but this investment could burn a hole in your pocket. So, you thought of borrowing from your friends and relatives, or keeping some gold in the bank and procuring a loan against that, or even worse, you thought of picking a personal...
List of Banks for opening Sukanya Samriddhi Account
The provisions in budget 2015 has brought the cheers on the faces of proud fathers of lovely daughters. The recently launched Sukanya Samriddhi Scheme was categorised as EEE i.e Exempt Exempt Exempt Scheme which means all the contribution under upto 1,50,000 is allowed for deduction under section 80C and also both interest and maturity will be exempt...
Must Have Documents/Conditions in Your Property for ‘Loan against Property’
Loan against property is more of a necessity these days for full filling various dreams seen by you or your children for a better and prosperous future for your family. Thus, before mortgaging your property one should always keep certain things in mind. The chief among them is to calculate the monetary value of your...
Now enjoy Tax benefits on National Pension Scheme (NPS)
The Budget 2015-16 has brought a lot of good news for both Tax payers and National Pension Scheme.The scheme which was launched few years back was not been able to gain such an attention of Indian investors as other small saving schemes. The main reason remains the lack of fixed returns and no tax exemptions. But...
Settle a Loan and Bear the Adversities – Low CIBIL Score
If you are thinking of settling a loan for less with the bank, then don’t do it. The gain will be temporary and is not going to be a permanent solution. Rather this settlement will give rise to several other problems in future. Read the following story of Arvind and you will get to know...
MUDRA Bank : Easy finance for Small business /Entrepreneurs
After the success of Pradhan Mantri Jan dhan Yojna, GOI launched another scheme to provide credit for Small and Medium Enterprises through MUDRA Bank. The basic aim for this is to provide funding for small business that employs over 12 crore people in the country. The scheme will provide credit upto Rs.10 lacs to small business and act as...
Selecting Right Mutual Fund Schemes for You – Simplified
With about 44 AMCs and more than 2000+ mutual fund schemes, there is choice overload for mutual fund investors. Different AMCs have different approaches, styles and value systems in doing business. An investor has to be comfortable with the AMC, before investing in any of its schemes. Most of AMCs offers almost similar types of...
Investing in Penny Stocks – Know The Rules
Many investors have made a quick buck by investing in these companies and benefitting. However, you need to be cautious, even more so if you’re dealing with discount brokers who will not enumerate the risks involved. Before being tempted by the lure of easy money, you must remember the following: They should not account for...
Unable to Pay EMIs? Here’s What You Can Do!!!
There may be several reasons due to which you may fall short of money and not be able to pay the EMIs. That is indeed a stressful situation since the lenders might end up harassing you. Yes! Please keep cool even in such situations. Rectifying a situation always becomes easier when you keep your cool...
