From being once the most sought out investment products to the most hated, ULIPs or Unit Linked insurance plans have completed a full cycle. Now with a string of reformatory measures introduced by insurance watchdog IRDA, ULIPS are trying to make a successful comeback in the financial mainstream offering policyholders the multiple advantages of… Read More »
As a home loan is a long term loan, it can sometimes be a bumpy financial ride. The reason can be a high interest rate of your bank, unpleasant experience with the bank, or any other. Luckily home loans can be refinanced any time as per the preferences of the customers. Let us look at… Read More »
The growing trend of online shopping is not only good news for e-commerce portals but banks and credit card companies are also enjoying the fruits of the new online shopping trend. While the growing internet penetration in India is likely to touch $4 billion by the end of the year, and $45 billion by the… Read More »
Electricity prices are rising almost every year adding to the pressure on the pocket for an average household. With inflation running around the prices of even essential commodities including food, vegetables and oil prices have made it difficult to operate a house in a pre specified budget. While the government on its part is trying… Read More »
In an attempt to encourage people to save more money by stepping up their investments and boost savings in the economy, the central government has re-launched the famous Kisan Vikas Patra scheme (KVPs). Kisan Vikas Patras would offer an annual return of 8.7% by doubling the total amount invested in the scheme in 100 months… Read More »
Festivals are an invitation to jump onto the shopping bandwagon in order to fulfill the desires of the heart and buy gifts for loved ones. Moreover, the mushrooming of e-commerce sites and social media platforms are taking shopping into a different league altogether. The possibility of enjoying a global shopping experience from the comforts of… Read More »
Apple’s recent revolutionary mobile payment system known as Apple Pay, which was launched along with the latest launched iPhone 6 and iPhone 6 Plus promises to change the way payments are made. This is like a mobile wallet system wherein the user can make payments through his phone, without having the necessity to carry a… Read More »
Just like everyone wants to go to heaven but no one wants to actually die, all of us would want to get our incomes increased and want to stay away from tax. However, it is good news for at least for that there are certain incomes for which you need not pay tax! The Indian… Read More »
Owning a car is a dream for many people. Let us take the case of Rahul and Priya, who have been married for 2 years now. Rahul runs his own business while Priya is employed with a private company. Rahul and Priya plan to buy a car as they intend to expand their family the… Read More »
People come out with many ways to evade tax, like undervaluing property while buying or selling, paying in cash, open accounts in multiple banks and branches to save tax on interest, use spouse’s name for transacting etc. This list is endless and new ways are being invented each day to save up some money. But… Read More »