Monthly Archives: December 2016

Individual Health Plan vs Family Floater Health Plan?

Should you buy Individual policy or family floater policy ? Let us compare two types of health Insurance plan on four parameters Buy Health Insurance Online If you have a family and are in the market to buy health insurance, the toss-up is between buying an individual health insurance policy and a family floater policy.… Read More »

GOI 8% Savings (Taxable) Bonds 2003

Interests on various Bank/Corporate Fixed deposits have fallen. In this scenario, GOI 8% Savings (Taxable) Bonds 2003 is gaining prominence again, as these Bonds are being issued by Reserve Bank of India (RBI) provide safety plus returns that are fixed and assured. Who can invest Individual (Sole/Joint basis/Guardian on behalf of minor) HUF University (80G… Read More »

TDS on Mutual Funds for NRIs

In case of unlisted mutual funds, TDS is applicable for NRIs at the rate of 10% without indexation benefit. Birla Sunlife Income Plus is a debt fund, which means that if you redeem it after 3 years, long-term capital gains tax at the rate of 20% (with indexation benefit) will apply. Therefore, you will still… Read More »

Universal Account Number for PF Account

Till now, every PF account holder required changing EPF account whenever he/she changed the job which was a painful and time consuming process. This change involved transferring the money from old account to the new and the process would take not less than 2 months and in some cases even more forcing employees to withdraw… Read More »

Dos and Don’ts of MF investing

MF investing Online Do’s Select the right scheme after giving due consideration to all factors like risks, investment time horizon, suitability to your needs Be clear about growth or dividend in a fund after consulting with your financial advisor. Consider fund’s expenses because higher the expenses, lower is your post-expense return Always consider posttax profits… Read More »

Importance of Critical Illness Plan

Buy Critical Illness Plan Online Is the rising stress level at work giving you sleepless nights? Are you worried that your lack of exercise is making you unhealthy? Is your blood pressure steadily rising because of work pressure? If you are constantly weighed down by such concerns, then you are not alone. In the present… Read More »

ELSS MF SIPs

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Tax Benefits Of Health Insurance

Buy Health Insurance Online Most of us believe that health insurance is limited to paying our hospital bills when we fall sick. Unaware of advantages of health insurance, most individuals continue living without health insurance. What needs to be learnt is that benefits of health insurance go beyond protecting us and our family from unexpected… Read More »

Tax Deducted at Source – TDS

Trying to make sense of the Indian tax system is not easy as you come across so much jargon. Take the case of tax deducted at source (TDS). You know that TDS is deducted from your salary each month, but not much else. To help you out, here is everything you need to know about… Read More »

Save More Tax with Your Parents

A bit of careful planning can help a family save taxes. Investing in the name of your parents or taking on their expenses can bring tax saves. Let’s find out how. Save tax if you are living with your parents –You receive HRA but don’t live on rent. You can pay rent to your parents.… Read More »