What is Inflation? Wikipedia Defines Inflation as: In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. This post attempts to define inflation rates in simple words and provides you on tips to compute future value of a good or service. What is inflation in very simple words? Inflation in very simple
Income Tax slab for the Assessment Year 2015-2016 Finance Minister Mr. Arun Jaitley in his maiden budget speech on 10-JULY-2014 announced changes in the Income Tax slab for the Assessment Year 2015-2016 / financial year 2014-2015 . Please understand these tax slabs to come up with your income tax liability. Income Tax for Individuals up to 60 years of age
Budget 2014 Our finance minister Mr. Arun Jaitley presented the budget on 10-JULY-2014. Here is a quick note on some provisions from the budget 2014 that affect personal finance. Some provisions of the budget 2014 that affect personal finance Basic income tax exemption on income tax increased from Rs. 2 Lakh to Rs. 2.5 Lakh. That means anyone in the
Internal Rate of Return (IRR) on Life Insurance Corporation of India (LIC of India) Policies LIC of India is one of the favorite investment destination for Indians. Each year LIC collects more money into its endowment plans compared to all other insurance players in the market. The popularity of LIC of India’s plans are such that LIC collects most
Few days back I met a client in early 50s. He had heavy investments in fixed deposit [FD] and recurring deposits [RD] with banks. He was proud to tell me that he has a risk free and guaranteed return of 8-9%. When I ask them about tax implication he told me taxes are very less it is 10% for the
See how you can take care of your retirement and child plans in simple steps. Call to get one for you now! To know more about Financial Plan click on this link : http://goo.gl/ClHKWx BLOG on Financial Planning: http://goo.gl/DygQZM Financial planning is not for crorepatis any more. A person earning Rs 10 thousand per month needs a financial plan as
70% of road-crash victims’ families suffer a dip in income: ADB Jun 05 2014 : The Times of India (Delhi) ADB: 70% of road-crash victims’ families suffer a dip in income Dipak Kumar Dash According to an Asian Development Bank (ADB) report of 2012, seven out of every 10 road crash victims’ families suffer a dip in income. Two-thirds
The Mutual Fund SIP Showdown for FY. 2013-2014 Mutual Fund investments are subject to market risks, read all scheme related documents carefully.Past performance of the Mutual Fund is not indicative of the future performance of the Scheme. This article is not intended to be used as an investment advice. Data till end of 31-MAR-2014 Data Source:NJ India Invest Pvt.
To know more about Financial Plan click on this link : http://goo.gl/ClHKWx BLOG on Financial Planning: http://goo.gl/DygQZM Financial planning is not for crorepatis any more. A person earning Rs 10 thousand per month needs a financial plan as much as a person earning Rs 1 Crore per month. Watch the view to see where a financial plan can help you.
Good Morning, India The people of India have delivered a ‘no regrets, no excuses’ result. We want the job done, we have chosen the man to do it, and given him everything he needs –By Dhirendra Kumar
Agents have been the primary sales channel for most of the life insurance companies. Even I am one of the agents with LIC of India and Star Health. Often I have heard that people get a call from representatives of such and such insurance company and solicit to sell an insurance policy. TRUST ME WHEN I SAY THIS: More
Post Retirement Planning – By Ashal Jauhari
Very True! People often ignore all the costs involved in house purchase. Do your maths and make an informed call. Click on link to follow the Times of India article. Only builders, banks gain when you take loan to invest in real estate