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. […]
Tax planning
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. […]
Why should you have a Financial Plan?
Achievement of any goal needs a well thought out plan. Similarly, achievement of your financial goals needs a financial plan. Consider the following questions about your financial future: Do you know if your PF would be enough to give you a comfortable retirement? Do you know how much you need to invest in order to have […]
The Importance of Having a Financial Plan
In today’s uncertain economy, financial planning has become increasingly important. With an overwhelming number of options for saving and investing, managing your finances can be difficult. Creating a financial plan helps you see the big picture and set long and short-term life goals, a crucial step in mapping out your financial future. When you have […]
Did you buy HDFC Standard Life, Bajaj Allianz, Birla Sun Life, ICICI Prudential Life, or Reliance Life insurance policy?
Yesterday Finance Minister informed to Rajya Sabha about the number of complaints registered against insurer for unfair business practice during the period of 2012-13. Below is the list of top achievers 🙂 1) HDFC Standard Life-33,813 2) Bajaj Allianz-21,745 3) Birla Sun Life-21,651 4) ICICI Prudential Life-16,891 5) Reliance Life-16,401 Leading private life insurers HDFC Standard Life, Bajaj Allianz […]
Financial Planing for NRIs in a nutshell
Financial Planing NRI Significant number of investments are made by NRIs during their short visits to India. During that period, when they visit their bank or speak to relatives/ friends, they get a broad view on what is happening to various asset classes – be it real estate, stock markets, or bank deposit interest rates. […]