Kisan Vikas Patra is a saving scheme that was announced by the Government of India that doubles the money invested in eight years and seven months. The Directorate of Small Savings Government of India, sells these saving bonds through all Post Offices in the country so that the scheme can be accessed by citizens from […]
Investing
Life insurance in your 30s
In your 20s, everything is shiny and brand new, filled with hope and you are open to experimentation. By your 30s you are starting to settle down. Obligations and responsibilities –a new family, new home, bigger car – start to take up all your time. You may even have started semi-permanently settling in a job […]
Five rules to help you invest for the long term
Five rules to help you invest for the long term Being a long term investor is also not an easy task, as for long term things might be not in your favour In the current scenario, keeping your savings in bank account doesn’t seem a sound decision as they offer measly interest rates. It could […]
Highlights of Union Budget 2014-15 India
Highlights of union budget 2014-15 * Tax proposals on indirect tax front would yield Rs 7,525 crore. * Indian Custom Single Window Project to be taken up for facilitating trade. * Clean energy cess increased from Rs 50/ tonne to Rs 100/tonne. * Additional 5% excise tax to be levied on aerated drinks with […]
Financial Planning- How is the lizard part of your brain costing you money?
How is the lizard part of your brain costing you money? Are you sometimes mystified by how your money seems to mysteriously disappear? That’s because the primitive so-called lizard part of your brain is probably in charge of your spending. In the middle of your brain is a primitive group of nuclei called the basal […]
How to jump-start your financial plan in 2014
For the most part, the best way to keep motivated is to make your resolutions as structured as possible. No matter where you are in the broad spectrum of financial security, it’s important to always keep track of where you are and where you want to go. The following tips can help you make 2014 […]