I work in the private sector, in 2010 I bought a ULIP pension plan thinking I am doing a good thing for myself, as I was 27 at that time & also help me in my tax planning. I realised my folly soon after. I had invested in HDFC pension Super that is connected to […]

Please could you advise if moratorium period on home loan can be extended? My flat is underconstruction and home loan is with SBI. I was intially given 18 months thx Navin

Hi Friends, I am in 30% tax bracket. I had opened an FD for 19 months that matured in Sep 2012. At the time of maturity I became aware that bank had deducted and paid TDS to govt for AY 2012-13 and 2013-14 also. Since there was no intimation from the bank about the tax […]

Hi, I am not sure if any of you have used this financial product chit fund. My dad is a big fan of it and usually will have one chit fund running all the time. I was never able to determine the actual returns for amount invested in chit funds. If any one had any […]

Hi all. If Franklin Templeton is a single AMC in india, then why do some funds have prefix “Franklin”, others “Templeton”? eg. Franklin (not Franklin Templeton) India Bluechip.      Templeton (not Franklin Templeton) India Equity Income. Please clarify, Kuntal.

I’ve 2 home loans from this year with following details – 1) 1st house loan – EMI – 20000 (approx Interest payment per yr of 1.8 lakhs). this house is on rent and I show rental income (3.6 lks) in returns. 2) 2nd house loan – EMI – 53000 (approx interest payment per yr of […]

Hi, I am planning to surrender my Jeevan saral policy after paying two years of premium(24000/yr).but my agent telling me to pay one more year premium . also He said  that “If I surrender after 3 year I will get 80% return (around 66000) of all amount paid by me( 72000)” .  When I checked […]

i selected diverfied equity mfs and debt instruments as major avenues for my finance planning. i understand equity diversified equity mfs suitable for long term , 10 yrs or more away goals . also believe SIP investments better for regular stream of investment money . i also believe that it is better time in market […]

In AY 2012-13, I had to pay 9056/-Rs to income tax department. (In Aug, 2012)  I paid online but I made mistake. I wrote wrong AY 2011-12.  Now, I got demand letter from Income tax department asking for 9056/-Rs.  I don’t know, how to do rectification of the same? 

Hi, I am looking forward to secure the jewellery and other important documents into a locker. Can someone give me pointers on which are the best lockers available? Also, I want information from a security point of view. Which are more preferable private banks like ICICI, HDFC or Govt. banks like SBI, BOB,etc. A detailed […]