With the markets evolving so fast, everyone is talking about making things right and even turn them around to make sure that they benefit out of it. The monthly investment plans are the topics right now in the financial markets and there is a lot of discussion going on around them. This article is going…
How using NPS calculator can be beneficial?
NPS – National Pension System What is a NPS Account? The National Pension System was formed by the Government of India in the year 1999. This was done to help individuals save money in a systematic form so that the fund can be used after their retirement. The NPS is a voluntary entity which is…
10 things you should know about House Rent Allowance
House Rent Allowance – HRA House Rent Allowance is an allowance that an employee gets from their employer so that they can meet their housing requirements. Like, food allowance, a rent allowance is given to the employee so that they can rent out a house for themselves. The home rent allowance is a taxable fund…
How to increase the returns on your money back life insurance plan?
Money back life insurance policy covers the risk and delivers financial returns at various life stages. You will also get a lump sum at the maturity along with the bonus. A fixed percentage of the sum assured will be returned during the policy term. The planned expenditures can be met with the help of the…
A primer on child insurance plans in India
Parents consider their children as the most precious parts of their lives. They would go to lengths to ensure that they should live a fulfilling, comfortable life and enjoy a respect in the society. That is why many parents are now seriously planning for the future life of their children even before they reach teenage.…
How to file ITR online
As the last date for filing the Income Tax Returns is approaching, many people are really worried as they don’t have sufficient knowledge of the process required for filing ITR. Any slight mistake in the process of filing ITR may render the entire exercise futile. Hence, before you file the ITR it is important to…
Best Government Pension Plans in India for 2018
Investments are a great way of creating a nest egg and ensuring a level of financial safety against the uncertainties of the future. A Pension plan, also known as a retirement plan is accumulating a part of your savings and receiving a stipulated amount as pension when you retire. Even though having substantial savings may…
Do insurers automatically pay the maturity benefit of endowment plan?
If the insurance policy comes with survival benefits, the insurance company will not pay the maturity benefit automatically. Hence, the maturity benefit of the endowment plan will not be processed automatically. The insurance company will track the records of policyholders and will send reminders on important matters related to insurance policies at regular intervals. The…
4 Major Reasons Why Child Plans make good sense
The fast-paced world of today requires a proactive financial management to take care of the important events and milestones of the life. Its effects can be seen in the investment products as well as investors. One such product is insurance. Instead of yesteryears insurance plans that major emphasized on the breadwinner’s life the modern options…
Make Retirement The Best Phase In Life – Plan Now!
Make sure your retirement policy is good enough that you and your family receive a regular income as pension in your phase of retirement.