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...
Corporate Fixed Deposits: How Good Are They?
With the rising inflation, it is no longer beneficial to keep the money in bank accounts or as fixed deposits, as the interest earned on these instruments is not high enough. Eventually, your money loses value over time, instead of gaining. In this scenario, the investor should look at alternatives. Corporate fixed deposit is one...
Point by Point Comparison of Sukanya Samriddhi Scheme and PPF
Years ago, the budget of 2015-16 brought a provision to make interest earned on all contributions towards the Sukanya Samriddhi Scheme absolutely exempt from taxes. Sukanya Samriddhi Scheme which is already part of 80C portfolio now became EEE (Exempt, Exempt, Exempt) Scheme. This means that contributions will be eligible for exemptions, interest earned will be...
Insurance Simplified
Insurance is a contract between two parties whereby one party agrees to undertake the risk of another in exchange for consideration known as premium and promises to pay a fixed sum of money to the other party on happening of an uncertain event (death) or after the expiry of a certain period (in case of...
Home Loan Eligiblity Criteria, Advantages & Interest Rates – Apply Now
Home loan is a loan, advanced to a person to help them purchasing a flat or a house. Buying a house or a flat is a huge investment. Home loans are the invisible hand of aid to make the dream of a person to have his own house or flat, shape into reality without making...
Sovereign Gold Bonds Six tranches in next six months
The Sovereign Gold Bonds are going to be issued in six tranches from October 2020 to March 2021. So now you can plan your gold purchases. Following is the list for details: Tranche Date of Subscription Date of Issuance 2020-21 Series VII October 12-16,2020 October 20,2020 2020-21 Series VII November 09-13,2020 November 18,2020 2020-21 Series...
