What is Restore Option? Now days a concept of “Restore” is introduced to the health insurance products. Under this option the sum insured is reinstated (restore) after it has been exhausted before a policy year ends. Let’s see an example:…
Author: Tarun Bansal Savingwala
Rate cut in Post office Small Saving Schemes
Form 1st April, government is going to reduce the rates on few small saving schemes, this will be around 0.1%.
STAR shines brightest in claim settlement
When it comes to claim settlement, private insurance companies are perceived to be better than their public sector counterparts, reveals the findings of the Hindustan Times-MaRS survey. Respondents to the survey ranked India’s first stand-alone health insurance company, Star Health…
Recap of Tax saving options
An individual can save tax under 80C up to Rs 1 lakh. When “tax savings” is considered for most of the people it means life insurance, PPF, NSC, and equity-linked savings scheme, that qualify for tax deduction under Section 80…
Gold might lose its price advantage – The Economic Times
For centuries, demure Japanese brides with their white face make-up and painted red lips were happy with obi, a kimono sash, as a gift. De Beers changed all that in the late 1960s. An ad blitz drove the message that…
Encashment of NSC
One of the most common questions asked from investors is who have invested in National Savings Certificate is – When can the opt to encash the NSC?
Small Savings
You can find here notifications/update on Small Saving schemes from Post offices in India.
Smart Kid – Child Plan from ICICI Prudential
As a loving and caring parent, you have big dreams for your child and you want to make those dreams come true.
Do you benefit from attractive home loan offers in festive season?
How much tax do infra bonds really save?
The IDFC Infrastructure Bonds issue joins five other issues this financial year. A similar issue by Rural Electrification Corporation is already open. By investing in these products, taxpayers can claim a deduction of up to Rs 20,000 under Section 80CCF. This is above the Rs 1 lakh invested under Section 80C. While you save tax, your real returns may not be as high or precise as those being projected by some brokers. So before you rush to invest in the issue, here are a few points to ponder.