Luxury comes at a cost and this is going to be true in coming days with the clearance of Direct Tax Code or DTC Bill, 2013. It is not only proposed but most certainly will get the nod of Cabinet to tax the Super Rich @35% tax. The existing tax slabs are going to be […]
After a long haul, a much awaited step has been taken by the Employee Provident Fund Organization (EPFO) to make online transfer of PF accounts, when an employee switches job from one company to another. This step will benefit over 13 lakh PF subscribers and also reduce the long time taking process and confusion. After […]
Heatth Insurance Plan: Health Protection IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER Health is a major concern on everybody?s mind these days. With sky rocketing medical expenses, the possibility of any illness leading to hospitalization or surgery is a constant source of anxiety unless the family has actively […]
An individual is unaware of many hidden charges that eat into his hard earned money, leaving him with less to invest and less to earn. As it is a known fact that,“someone’s pain is someone’s gain” and it aptly fits the financial services jargon. An individual is sold such policies, houses or loans which gives […]
An Inflation Indexed Bond, is a bond which assures a return higher than the inflation rate if held to maturity. The interest rates or which actually called coupon rates and capital appreciation of these inflation indexed bond is linked to the rates of inflation, hence the investor can be assured of safe returns. In other […]
