EPFO recently announced that Aadhaar is now mandatory for employees who newly enroll for EPF. Eventhough this was announced with the good motive but it have lot of loopholes.Aadhaar is now mandatory for new members of EPF who joins from 31st March 2013. This will makes EPFO helpful … [Read more...]
Archives for January 2013
Spending Vs Saving-Battle of Mind
In today's post we will look into the psychological aspect of spending vs saving. Saving can be defined in simple term as "scarifying your current spending for a better tomorrow". Now their are few things which matters us to which side we are more inclined-Spending side or Saving Side??Including … [Read more...]
Anchor Investors-How they affect your IPO (Initial Public Offering) price?
Anchor Investors-You might have heard about this during IPO (Initial Public Offering) of any company. Like for example, recently CARE IPO had around 12 Anchor Investors, some of them are Goldman Sachs India Fund, Birla Sun Life Insurance Co Ltd and Sundaram Mutual Fund A/C Sundaram Equity … [Read more...]
SEBI’s SCORES-Platform to approach with your complaints
What you will do when you have complaint against your mutual fund company, listed company of which you are share holder, stock exchange or stock broker? SEBI provided online redressal system called as "SCORES"-Sebi COmplaints REdress System.Whenever you have complaints regarding below listed … [Read more...]
How to become Financial Planner yourself?
Whenever you hear about the profession called "Financial Planner" then without any doubt you feel yourself that it requires additional qualification which you can't reach. Hence better to follow that expert blindly. But it is not the case.Look at your surrounding, you will find so many … [Read more...]
LIC’s Flexi Plus-Review
Recently LIC came up with one more plan other than "New Jeevan Nidhi" on this new year eve. I already covered the review part of "New Jeevan Nidhi" in my previous post. So let us understand this product and to whom this product is suitable.This is plan is ULIP (non traditional plan) and LIC … [Read more...]
LIC launched New Jeevan Nidhi-What is new??
LIC recently launched one more traditional pension product naming "New Jeevan Nidhi". It purely resemble old pension plan "Jeevan Nidhi" except few changes.Let us see the difference between old and new version plans.Benefits also from both policies looks same.Now big question-How … [Read more...]
One Idiot-Movie on importance of Financial Planning by IDFC Foundation
This is the 30 minute movie by IDFC Foundation directed by Amole Gupte of "Taare Zameen Par" and "Stanley Ka Dabba" fame. We find so many youngsters who hate outrightly to listen the words such as "Saving", "Investment", "Insurance Planning" or "Retirement Planning". They feel that enjoy means … [Read more...]