Whenever you thought to invest then first thing you notice is, insurance agents luring you to invest in some insurance plans. One of reason from that may be his high paid commission structure. So it is best you understand it fully before proceeding further.Note-The commission structure will … [Read more...]
Archives for March 2013
Revised interest rates of Post Office Schemes for 2013-14
Today Finance Ministry lowered interest rates on few of Post Office Saving Schemes. Even though small investors may not feel the heat but investors who depend on interest income like MIS or SCSS schemes may feel the heat with this lower. I think it was better if Govt considered SCSS scheme as … [Read more...]
How to file revised income tax return?
Few tax payers either don't know or are hesitant to file revised return when they find some mistakes in their original return. But their is a provision to file once again a revised return to correct the mistakes or omission they did in original tax return filing.Conditions to file revised … [Read more...]
Banking Service-Twenty unknown facts
Being customers of banks we often don't know the important services of our banks. Few of them may look like silly but it is important for all of us to know those service related rights in order to maintain our banking experience bit easier.Below are the list which I found interesting and must … [Read more...]
UPOR or PR Card-All property details in one card for Karnataka
It is the wonderful project started by Revenue Department of Karnataka for creating property ownership records for cities and towns of Karnataka. This record is a major proof of ownership of any property. Eventhough it started earlier on pilot base in cities like Mysore, Bellary, Mangalore, … [Read more...]
Facts about Third Party Administrator (TPA) of Health Insurance
Do you know who is TPA in your health insurance ? Lot of us, especially the salaried think that TPA is insurance company. This situation I faced two three times when few of my clients name their TPA as if the insurance company.In reality TPA is the service provider or you may say as mediator … [Read more...]
Taxation of Employee Provident Fund (EPF)
In today's post we see the taxation issue related to EPF. Lot of employees simply either neglect it or will not try to understand it. But better to understand it and make use of tax benefits available.Latest News-EPF Universal Account Number (UAN)-What it is?First let us understand the types … [Read more...]
All about Public Provident Fund or PPF
Public Provident Fund or PPF is a great tool to invest not only for tax saving but also the best debt investment product. In today's post, let us understand this product fully.Note-We deactivated commenting option for this particular post from readers. If you have any questions, then you can ask … [Read more...]