Author: Admin

What to Do? Prospective investors require a solid combination of many deciding factors which help either meet or exceed their financial objectives, by the method of sticking to an investment strategy that is both efficient and disciplined regarding choosing and applying the proper investment options to use. Under the present circumstances, where the midcap stocks are getting traded at valuations that are reasonable enough, they provide themselves as quite a compelling opportunity for buying. How to Do? Wealth creation through proper investment options must be seen as a journey, performed across a long timeframe and not merely a quick destination.…

Saving income tax is one of the top priorities when it comes to salaried individuals. However, not many of us are aware of the fact that there are multiple ways to save taxes and not just pay it out right. Not only saving taxes under different sections of the income tax act helps you build a corpus for your retirement but also allows you to get substantial exemptions. It is important that you understand the different scenarios where you can save taxes and get ahead with your savings for retirement. How do you save income tax using PPF? Section 80…

The significance of insurance cannot be underestimated especially in times like these when medical, and other expenses tend to far outreach the gross income of a middle-class individual. Getting insurance not only ensures the welfare of the concerned policyholder but also necessitates the well being of his or her family members in times of need. Indeed, one of the most important aspects of getting insured is the fact that one may then partake of collective liability and eventually experience the better of stuff. The institutional commitment and indulgence consequent from insurance covers directly influences the well being of an individual.…

Nobody likes to pay taxes. It is an extra burden that has to be borne by those who are working day in and day out to keep a shelter above their heads and food on their table. If an individual has some form of earning and that earning exceeds a particular yearly amount as per the income tax slabs stipulated in the Income Tax Act, he or she is required to pay a certain amount of income tax. This taxation charge is an obligation that must be paid to the government. The amount of tax that is payable depends on…

Insurance is an important component of your financial planning for the simple reason that it is a means to protect your family from uncertainties of life, as well as enjoy the benefits of investment to create wealth in the long run. It is not a question of whether a life insurance policy is to be bought at all, but when. It is one instrument that gains priority over all others when an individual initiates investment as a part of his long-term financial strategy with definite objectives and goals in mind. Keeping the basic concept of investment intact, life insurance companies…

Mutual funds are considered to be one of the easiest and safest ways to invest in the stock market. However, the stock market isn’t the only place where they invest. In simple words, mutual funds are a financial vehicle that invests money from a pool of investors across a wide range of financial assets. Mutual Funds can invest in numerous financial assets like bonds, stocks, capital market instruments and associated assets. These funds are offered by an Asset Management Company (AMC) who appoints a fund manager for managing the investment portfolio. The fund manager invests according to the market movements…

The time of yearly income tax filing is nearing. This guide will talk about five efficient and effective income tax filing tips to help you take the stress out of filing the returns. If you happen to be a salaried taxpayer who is nervous about the necessary evil of the yearly ritual of filing income tax returns, familiarity with current changes in Indian income tax rules can help in easing the process. Tip 1: Delay Is Going To Cost You Money For a lot of taxpayers, income tax return filing is dreaded so much so that it is often put…

Term Insurance is probably the most affordable and hassle-free form of life insurance. Like any other life insurance, you pay a premium at fixed intervals and the family, and the loved ones of the insured will get the sum assured of the policy in case of his unexpected death. The specific feature of Term Insurance is that it is active only for a specific period or a particular “term”. Hence, even the best term insurance plan is easy to follow and acquire. What is Term Insurance? Term Insurance has all the features of a Risk Cover Policy. It helps you…

Be it regular insurance plans or otherwise, it is crucial on the part of the potential policyholder to review the pros and cons in order to measure his or her risk appetite and the potentiality of the scheme in question. So far as regular term life insurance schemes are concerned, they come with a set of undeniable issues. Irrespective of the outreach of the policy concerned or its convincing track record, it is critical to study the market dynamics before going for a life insurance scheme. Popular schemes (ICICI Prudential Life Insurance, for instance) are equally vulnerable and should be…

DHFL Pramerica Life Insurance is a big name in the Indian life insurance market, with 49% of its stakes held by foreign stake owners like Prudential. Its Asset Under Management or AUM is around worth Rs. 4,310 Cr, and it currently has 126 branches strewn across India. This guide will tell you about five facts you need to know about the DHFL life insurance company before deciding to trust your life cover to this company. Fact 1: DHFL Life Insurance And What It Does: DHFL life insurance is currently amongst the fastest growing Indian companies providing life insurance services. Starting…