Inactive EPF accounts will get interest from Apr 1, 2016

Good news, the inactive EPF accounts will now get interest from next month, i.e. Apr 1, 2016. Around 5 yrs back, under UPA rule, EPFO came up with the rule that any inoperative EPF account will stop getting interest after 3 yrs of inactivity. So if a person left the job and never withdrew the […]

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How 2440 Indians think about money – 8 amazing insights (Survey results)

Today I want to talk about MONEY Yes, you heard it right!. I want to just explore the role of money in our life and how it changes our thought process. I want to know how we think about money. I will share some really interesting insights I got by surveying 2440 people on some […]

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PPF interest rate reduced from 8.7% to 8.1% effective April

The government has cut the interest rate on Public Provident Fund from 8.7%to 8.1% effective April. This was part of the interest rate cuts in the small saving schemes and apart from PPF, other very famous instruments like Kisan Vikas Patra, Senior Citizen Scheme & NSC interest rates have also come down by a good […]

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Buying Land or Plot in India? – Here is a 10 point checklist which you should know before purchasing any property in India

Are you looking for buying a plot or a piece of land? If not today, maybe you have this dream of owning a plot sometime in the future. Buying land or plot has in a way to become a premium thing these days especially in big cities because the land is scarce commodity and the […]

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4 big reasons why you should avoid investing in a “wrong product” ?

Have you ever bought the wrong financial product? Or it was mis-sold to you out of pressure from family/relative? Or because you trusted the seller too much? If not these reasons, maybe you wanted to do last minute tax saving and you jumped into buying that policy and gave yourself a life sentence of paying […]

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Tax on EPF withdrawal & other key highlights from Budget 2016

Before I even start this article, please watch the first 5-6 min of the following video which comes from Ravish Kumar of NDTV and you will get the hottest points of discussion in this budget, which is taxation on EPF withdrawal. The video below discusses various viewpoints from govt representatives, economists and some other people […]

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