Do Guaranteed Income Plans Actually Offer Guarantee?
Banking and financial institutions are now introducing a guaranteed income savings plan which works in smart ways that not only protects your income but also helps in saving money for the future. These are also called smart income protection plans because these are tax free and it guarantees a regular income benefiting at the rate...
Sovereign Gold Bond 2020-2021 Series VIII, Date, Price Band, Details
Sovereign Gold Bonds are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by the Reserve Bank on behalf of the Government of India. This year, the...
7 tips to consider before purchasing a two wheeler policy
There are innumerable benefits of owning a two wheeler. It is one of the most inexpensive vehicles one can own, is economic and offers great mileage per litre. It also allows you to navigate the hustle and bustle of city traffic easily due to its compact size. But when you purchase your two wheeler and...
Setting a budget and following fiscal policies around buying homes-availing home loans
Only difference in a house and a home is the feeling of belongingness. The biggest hurdle before owning a house remains the capital (money) to buy that property. The savings in this phase of life are generally small and quite insufficient to buy a flat or a house. Moreover, expenses other than grocery are gradually...
How does the Stock Market Work?
Stock markets have emerged as one of the best places for investment. If you have idle funds, then instead of putting them in a low yield Fixed Deposit or in a bank account, you can choose to deal in stock markets. You can yield considerably higher returns by investing your money in corporate stocks. However,...
Ways to generate alternative sources of income
If you are planning to leave your job to become an entrepreneur or getting retired after a long working career, all your thoughts would be towards creating a regular stream of income to support your livelihood. For such people, who wish to create some regular income by investing in a financial product, here we come...
How to Activate your UAN to avail Provident Fund Portability
Universal Account Number or UAN is the key number to avail the benefits of Provident fund account portability. With the UAN activation you will be able to link all your EPF accounts with your user id on EPFO portal. This not only gives you access to your current and previous EPF account but also eliminates...
Get Tax benefits on National Pension Scheme (NPS)
What is National Pension Scheme (NPS) It is a pension fund meant for corporate employees where the corporate entities contribute on behalf of their employee. The main aim is to have a pension for the employees after their retirement. This leads to a robust retirement plan and thus a security of income at the old...
Green Bonds- The Responsible Futuristic Way to Invest Now
A Green Bond is a duty absolved security issued by governmental qualified associations or by districts for the advancement of Brownfield locales (Brownfield locales are zones of land that are underutilized, have relinquished structures or are immature, regularly containing low levels of mechanical contamination). Green Bonds are short for qualified green building and supportable outline...
How an Online Term Insurance plan can help
I still remember the time when I got my first salary in the account, I was elated with joy. That day, it seemed like I could buy everything I wanted as a college kid. Soon after this, I got married and thereafter started another chapter of my life —fatherhood which was beginning of a new...
