Budget 2015 : 16 things which every investor should be aware about

When budget speech was over, the first thing I did, was that I created a poll asking people, if you are happy or disappointed with the overall budget. I was sure that most of the people will vote for “Disappointed” and that’s exactly what happened. Around 192 people voted for it and around 65% people said they were disappointed. While, I agree that the budget didn’t offer too many benefits to common man, as they had expected, but the budget […]

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Buying Health Insurance in India? Follow this 13 point checklist

A lot of changes has happened in health insurance industry over last 5 yrs. The overall health insurance industry to some level is standardized and new regulations are in place. A lot of investors have bought their mediclaim policies many years back when rules were raw and when few things were in favor of insurers, not investors. Given the changes, I thought, it’s the time to edit the whole article written long back and update all the points. So here […]

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Gift to Family members – 3 awesome tips to save income tax legally

Most of the people in India try to save income tax by investing the money in their spouse, children and parents name. We are going to explore this topic more deeper and help you understand the exact rules applicable and how you can save more tax legally, by gifting money to your family members. Majority of people, just transfer the money to their family member account and invest that money, thinking that they will not be paying tax on that […]

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UAN – All you wanted to know about the new EPF system

EPFO has brought some major changes in the way it works and a new system called UAN (Unique Account Number) is in place now. This UAN is a way to simplifying the process of collecting and managing the provident fund money for employees. Background – The pain of old EPF system Before I start explaining, Let me go back a bit to help you understand a bit of background. Earlier when a person joined a new job for the first […]

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Sukanya Samriddhi Account with 80C benefits – Special scheme for girl child

You must have heard about “Beti Bachao Beti Padhao” initiative recently on television advertisements. As part of it, the government has recently announced a scheme called “SUKANYA SAMRIDDHI ACCOUNT”, which is mainly for saving money for the girl child. This is a welcome move, because a lot of investors will get some extra incentive to save in the name of their girl child once they are born from a long-term perspective. You can see the exact PDF containing all information. […]

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6 facts to know before you apply for credit card in India

So you want to apply for credit card? That’s great, but are you well versed with the world of credit card? Do you know how does bank evaluate its potential credit card customers? Are you clear about your requirements and why are you so eager to get a credit card? Most of the people do not spend much time to check which credit card is best for their requirement, but just grab the one that is offered to them for […]

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7 Incredible reasons why you spend more money each month & How you can control it ?

Wow .. Today I am going to talk about your SPENDING habits and what governs it. Spending money is a critical part of anyone’s financial life and pretty much define’s how our financial life looks like. Spending more is pretty much a reason why we go to our work, because at the end of the day, money has to change hands, be it now or later. In a way its a beautiful creation of this world. We have some great […]

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6 money lessons every investor can learn from Pradhan Mantri Jan-Dhan Yojana Posters

I recently was reading about Jan Dhan Yogjna and came across some really nice posters created by their team which is used to educate public in their financial literacy camps. On looking those posters, I was really touched by its simplicity and how powerful they are to install basic foundation lessons. There were many posters in the PDF file I saw on their website, but I picked 6 posters which I was to show you and teach you some important and foundation lessons […]

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