Today government hiked interest rates of schemes operating under Post Office. So let us look what are the changes and how much is increased and what is the effective rate for you after compounding.These revised rates will be effective from next financial year (1st April 2012). These changes … [Read more...] about Revised (1st Apr2012) interest rates of Post Office Schemes
Archives for March 2012
Today I will discuss few must known rights as a investors towards mutual fund companies. Hope this information will make you familiar in dealing with mutual fund companies.1) Purchasing Proceedings-Schemes other than ELSS need to be allotted with 5 working days of closure of NFO. Open-ended … [Read more...] about Rights of Mutual Fund Investors
I updated few points on Budget speech of Finance Minister yesterday. Now actually we will look how Budget 2012 can affect your Personal Finance.1) Tax Slabs Revised-Tax slabs are revised with major difference is, their is no different slabs for men and women. Both are treated as General category … [Read more...] about Budget 2012-Implications on your Personal Finance
Today I came across one gold investment plan from one of the famous jewellery shop called Tanishq. Let us look at it's features and analyze whether it is worth to invest for or not.Features of this gold plan are like this-Minimum Monthly Contribution-Rs.500 and above that in multiples of … [Read more...] about Tanishq Golden Harvest Savings Scheme-Review
Today I will make you familiar with the few basic things about cheque transactions which may be helpful you in dealing through cheque. Including me lot of people these days familiar with making financial transactions through ATMs or online. But knowing about cheque transactions is also important as … [Read more...] about Bank Cheques-Few things you must know
Today I will explain, is Child Insurance actually need or not. It is one of the biggest emotional tools used by agents to sell Child Insurance Products. However, when you actually look into the requirement then you may think twice before buying child plans.First basic thing what I will deal with … [Read more...] about Child Insurance-Is it required?