Makover of NPS Withdrawal and Exit Rules Government is doing everything to allure people towards NPS. Recently, NPS account opening form has been cut down from 6 pages to 2 pages. Subscribers opening account through banks are not required to furnish KYC (Know you customer) … [Read more...] about NPS Withdrawal and Exit Rules Relaxed
Wouldn?t it be great if you get an additional benefit on the Gold that you?re planning to buy for your daughter?s marriage or for investment purpose? Government of India with consultation to Reserve Bank of India is planning to issue Sovereign Gold Bonds which enables investors … [Read more...] about Sovereign Gold Bonds: New Alternative of Physical Gold
Most of us have a similar habit of keeping money in a savings account to meet some short-term goal. We don?t look for other options to earn a better return with this money in the meantime. Ideally, bank balance equivalent to cover your 3 months expenses is sufficient and any … [Read more...] about Best Short-Term Liquid Funds to Invest in 2015
FD plus RD beats Atal Pension Yojana You can generate better Post-Tax returns from Atal Pension Yojana by timing RD and FD together. I have tried to summarize the calculation in the simplest manner by an example. Mr.A aged 30 years, working as a mason in a small village, … [Read more...] about How Timing FD and RD consecutively can beat Atal Pension Yojana as much as by 20%?
Systematic Investment Plan (SIP) route is one of the best approaches of investing in Mutual Funds for a common man. SIP enables an investor to involve in the stock market but at lesser risk. What is Systematic Investment Plan (SIP)? SIP is similar to Recurring Deposits … [Read more...] about Boost Your Mutual Fund SIP Return by Adopting these 7 Tips
Are you planning to take any long term investment decision in near future? Do you know what are the long term investment options available currently? Generally when an investment is done for a period of more than 5-6 years or even more than 10-15 years, it is called as long … [Read more...] about 10 Best Long Term Investment Options in India
Best Debt Mutual Funds to Invest in India?in 2015 In the current scenario of rate cuts by bank, there is not much gem left to park your funds with the banks. Investors with low risk-appetite should give a thought on investing in debt mutual funds rather than parking surplus fund … [Read more...] about Top Debt Mutual Funds to Invest in 2015
Negative Post Tax Returns from Fixed Deposits Have you ever thought that you might be losing your hard money by locking it in fixed deposits? Instead of multiplying your money, fixed deposits might be eating-up your money. Baffled!!! Let?s see how fixed deposits are not a good … [Read more...] about Why not to Invest in Fixed Deposits?
RBI vide notification RBI/2014-15/494 Dated 11th March, 2015 has notified the List of 28 Banks Authorized to open Account under Sukanya Samriddhi Yojana. List of 28 Authorized Banks to Open Sukanya Samriddhi Account State Bank of India State Bank of Patiala State Bank … [Read more...] about RBI Authorized 28 Banks to Start Opening Sukanya Samriddhi Account
My blog is flooded with the comments regarding the withdrawal rules of sukanya samriddhi yojana. There is some serious confusion regarding the withdrawable amount clause of 50% at the age of 18 years of girl child and at the time of maturity. So I decided to provide a little … [Read more...] about Sukanya Samriddhi Account Withdrawal Rules