Remember the story of the ant and the grasshopper? The ant worked hard all summer, gathering wheat grains to store for winter. And the grasshopper? He just hopped around, enjoying the sunshine and laughing at that sweaty ant. Well, once winter hit, the grasshopper wasn’t laughing, but was cold and miserable and hungry. And the […]
REC Tax Free Bond – Issue Details
Issue Details Issue Opens On : Friday, August 30, 2013 Issue Closes On : Monday September 23, 2013 Rating : “CRISIL AAA/Stable” by CRISIL, “CARE AAA” by CARE, “IND AAA” by IRRPL, “[ICRA] AAA” by ICRA Interest Rate for Retail : 8.26% p. a for 10 years 8.71% p. […]
Delays are costly in retirement planning
Whether or not you make other New Year resolutions, here is one you should make. Don’t postpone savings or investments. The new urban lifestyle has made people more prone to spending than to saving or investing. With India Inc prospering and young professionals getting handsome packages, people today are financially independent at a younger age. […]
Double Digit return in 78 months!
You must be reading in daily news paper that RBI will reduce Rate of Interest on Deposit with immediate effect so as to protect economy and rupee value. We suggest you to kindly grab the opportunity of Higher Rate of interest, & deposit surplus amount with you in Shriram Transport & Shriram City Union Subhiksha […]
What to Expect When You Meet with Your Insurance Advisor
The key to any good relationship is trust and the client/agent relationship is no exception. You need to trust your agent’s knowledge, experience and professional judgment. And above all, you always should feel that the agent is acting in your best interest. The agent also needs to trust you. He or she needs to know […]
Income tax tips for Rs. 200,001 to 1,000,000 slab
Individuals falling in the high income group often miss out on some of the lesser known tax planning strategies which could substantially reduce their tax liability. (1) Gift or Loan to Major Children – Avoid investing the amount in your own name as it will attract tax, rather gift the surplus to your major children. […]