Public Provident Funds for Tax Saving-NSC Benefits of Tax Savings

Public Provident Funds

Public Provident Funds for Tax Saving-NSC Benefits of Tax Savings Public Provident Fund There is a possibility to maintain accounts in the recognized sub post offices and government banks. One can invest not less than Rs.500 and not exceeding Rs.70,000 in these PPF’s every year. This can be invested for a period of 12 months … Continue reading Public Provident Funds for Tax Saving-NSC Benefits of Tax Savings

PPF interest rates-Loan on PPF

Public provident fund

Public provident fund details Public Provident Fund – PPF Public Provident Fund is a small savings scheme that is available for people of all income groups. PPF offers the attractions like long term investment, tax benefits, loan on investment amount etc. This scheme will be useful for those who want to invest for the higher … Continue reading PPF interest rates-Loan on PPF

Public provident fund features-New Pension scheme benefits

PPF NPS

PPF and NPS tax features and benefits   Public provident fund PPF which is a traditional savings schemes and the NPS scheme which was introduced by central government two years back are attracting the investors who are thinking of savings or retirement schemes. Main reason for this is these schemes allow making savings in small … Continue reading Public provident fund features-New Pension scheme benefits

Children policy Selection-Investment Schemes for Future of Children

Children policy

Children policy Selection-Investment Schemes for Future of Children The normal, general and casual question that is asked by the new parents is whether  there any special schemes for the children’s as they want to invest for the children for their future? So let us have a look at the special schemes which are there for … Continue reading Children policy Selection-Investment Schemes for Future of Children

Problems in being loan guarantor-Precautions to take for becoming loan guarantor

Loan Guarantor

Loan Guarantor Problems Many people agree to become a guarantor for loan for friends or relatives. If everything goes well, there will be no problems. But if the person who has taken the loan does not pay back the loan, then problems arise. It is therefore necessary to assess the financial status of the person … Continue reading Problems in being loan guarantor-Precautions to take for becoming loan guarantor

80G Tax Exemption for Donations-Donations to NSG Get 100% Exemption

80G Tax Exemption

80G Tax Exemption for Donations-Donations to NSG Get 100% Exemption Now a day, many corporate companies are coming forward   for giving huge amount of donations for the utilization of society development in terms of education, providing food and so on. Mr. Warren Buffet has allotted above 90% of property to the trust. Even in India, … Continue reading 80G Tax Exemption for Donations-Donations to NSG Get 100% Exemption

Children Policies Mutual Funds -Fixed Income Schemes for Children

Fixed Income Children

Children Policies Mutual Funds -Fixed Income Schemes for Children In these days, even mutual fund organizations are also concentrating on the children funds. Recently, the institutions like Fidelity, Peerless have introduced and released a new children fund into the market. With these, around 10 children funds are available in the market. These Mutual funds are … Continue reading Children Policies Mutual Funds -Fixed Income Schemes for Children

Tips for selecting suitable mutual fund-Guide to select mutual funds for investments

Mutual fund

Mutual fund selection tips People who are thinking of investing in stock market are not ready to directly invest in stock market as the stock market trends are not very encouraging. Alternative investment tools for such people are mutual fund schemes. In the present scenario, some precautions are to be taken even when investing in … Continue reading Tips for selecting suitable mutual fund-Guide to select mutual funds for investments

Systematic Investment Plan in mutual funds-Advantages of Systematic Investment Plan

Systematic Investment Plan Advantages

Systematic Investment Plan Advantages   Inflation is increasing day by day. Expenses are also increasing. To withstand all these expenses, traditional saving methods will not be sufficient. One has to look for investments that give the income more than the inflation. For this one has to have a long term approach. One should have the … Continue reading Systematic Investment Plan in mutual funds-Advantages of Systematic Investment Plan

Managing financial matters when changing job-Taking care of EPF, Bank accounts in job change

Managing job change

Managing job change It is common that people change jobs for better salaries and positions. When changing jobs proper care is to be taken in financial matters like banks accounts, provident fund and income tax. Bank Accounts Salaries are generally deposited in a bank account. Banks are also offering zero balance salary accounts for salaried … Continue reading Managing financial matters when changing job-Taking care of EPF, Bank accounts in job change