What will happen to you when you will not receive securities you purchased or when you not receive payment towards your sale of securities from the Broker member of NSE or BSE, who is declared as defaulter or expelled his membership?? To protect the investors from such untoward incidents, NSE and … [Read more...] about What is “Investor Protection Fund” of BSE and NSE?
Archives for May 2012
It is commonly believed that if Banks are offering you the home loan at 12% means it is the total interest they will collect and calculate on your loan. But it is not like that. Your interest on loan consists of two parts. One is Base Rate and another part is Spread. So let us look at each part and … [Read more...] about Meaning of Base Rate and Spread-Home Loans and Car Loans
Salary consists of so many components like Basic, DA, HRA, Bonus, Commission, Allowances and Perquisites. But while calculating Gratuity, HRA, EPF and value of perquisites for rent free/concessional house we need to consider only few components of salary. So let us look into detail about those … [Read more...] about Salary definition for calculations of Gratuity,HRA, EPF and Leave Encashment
Few days back I came across the question from one of my friend and client who is interested to purchase land and that land is of B Khata. He asked me is it good to have this property with B khata and what is the difference between A Khata and B Khata. So just thought to write up on this … [Read more...] about Difference between A Khata and B Khata-Bangalore Property
LIC is launching one more Single Premium plan on 21st May 2012. Looks like all insurers on launching spree of single premium plans. Now let us look at it's features and what is new in it. It is a single premium plan and closed ended plan. It will be available for 120 days from May 21st 2012. It is … [Read more...] about LIC’s Jeevan Vaibhav-Review
Today we will look for the reasons about why your insurance agent not sold you Term Insurance. Each true Financial Advisers recommending you to have it first to cover your life risk, but on the other side your Insurance Agents or Advisers are forcing you to buy the products which are … [Read more...] about Why your Insurance Agent not sold you Term Insurance?