Employee Provident Fund(EPF) interest rate for 2010-11
The current interest rates for the Employee Provident Fund(EPF) is at 8.5% p.a. This rate has been maintained since 2005-06. As we know that, every year the rate is reviewed and if possible it will be revised. But, the current rate is maintained for the past six years in a row. It is expected to [...]
SEBI plans to launch super-ATM centres
Mutual Funds industry has promising future in India. It is known that investments on Mutual Funds are less rick compare to the direct investment on the stock market. Also it offers the good returns compare to the other fixed investments like Fixed Deposit, PPF, etc. But, the SEBI’s concern is that most of the people [...]
Public Provident Fund(PPF) u/s 80C
Introduction
In this article I will be writing about the Public Provident Fund(PPF) as the tax savings component. In our previous article, I have explained about the Provident Fund(PF) and its features. PPF is suitable for those who don’t have PF account or any one who is looking for the long term savings. This article explains [...]
Repayment of loans (vs) Investment
Introduction
There is a general confusion among people whether they should repay the existing loan or invest the money?. There is no rule says that either of the option is good, because it differs for each person’s capacity and the nature of debt or investment. In this post I will be writing down few points to [...]
Don’t lose control of your finances this Christmas
Christmas can be an expensive time of year for anyone, so it is important to make sure you don’t lose control of your finances over the festive season.
However, this may be a little harder than it sounds – and if your finances run away from you this Christmas and you end up in debt, what [...]
Verify Tamil Nadu District Patta Details
A patta land means it is private property stands in the name of an individual. in fact in case of civil disputes patta holder is having good title over the property.
If you are buying any new land, it is required to check the patta details before making any decision. It should be in the owner’s [...]
ICICI Pru. Pinnacle – ULIP Policy
Introduction
In my previous article I have explained about the LIC Jeevan Nischay, a new policy introduced by the LIC. Here I am writing about the another new policy from the ICICI Prudebtion, called as ICICI Pru. Pinnacle. It is an ULIP policy. If you are not sure about ULIP policy, read our previous article What [...]
13 reasons why you should buy gold!
In my previous articles I have explained about the gold as preferred investment option and the rising gold prices. Today I have read article on moneycontrol website about the 13 reasons to buy the gold.
1. Global currencies are at an imbalance
2. Investment demand for gold is accelerating
3. Printing currencies
4. Huge supply and demand gap
5. Declining [...]
Silver is good investment than Gold
Introduction
In this article I will be writing about the investment on silver and how it is gaining the popularity then gold in the market. As we all know, gold is considered as the good investment option and the prices keep rising to the new heights. Only very few people have the knowledge on silver market [...]
Post office Monthly Income Scheme (POMIS)
Introduction
In this article I will be writing about the Post office Monthly Income Scheme(POMIS). Our readers posting questions about the POMIS and comparing it with the other fixed deposit options. I come up with this article to provide you some in depth details to differentiate POMIS with other investment options. Here I am going to provide [...]
