We see a lot of hot topics about the negativity of agents of insurance, mutual fund or any other financial products. But do you really check even how few so-called financial planners can back stab you? Below are the few checklist you need to be cautious while hiring any financial planner.1) … [Read more...]
Archives for June 2013
Know all about-TDS on Immovable Property transaction
Effective from 1st June 2013, TDS (Tax Deducted at Source) will be applicable on the buying of immovable property valued Rs.50, 00,000 or more. So let us know what is the procedure and who are responsible to deduct TDS.This TDS will be applicable while buying any immovable property, but other … [Read more...]
All about EPF (Employee Provident Fund) advance withdrawal
Among all salaried only few members know that they can take advance from their EPF contribution that too for specific reasons. Hence it is better to know the rules and conditions which can apply to take that advance.Latest News-EPF Universal Account Number (UAN)-What it is?This advance … [Read more...]
Mutual Fund’s Employee Unique Identification Number (EUIN)-What is this?
Suppose I am a sales guy in a Bank and much more eager to reach this month's target, suddenly I met you and sold you mutual fund products claiming high returns than any other products of this earth. But after few years you found that I am wrong and visited to bank asking me, to your surprise I left … [Read more...]
Life Insurance Vs Mutual Fund Agents-Who earns more?
Including me everybody's eyes are always on insurance agent's earning. But do you know your mutual fund agent's earning, agent who sells you mutual funds as well as charge fee (fee based financial planners) or few online portals (where you feel so comfort to invest online :) )? Let us compare this … [Read more...]
Property Investment-Do you know these registration facts?
Nowadays it is a dream for all to own a property. Returns are good and price as of now inching northward. But can you know these basic things about property registration? I think current owner of property also don't know few of these below mentioned facts. Let us look at them.I am bifurcating … [Read more...]
Home Equity Loan or Top-Up Loan-Why to take?
Suppose you have home loan since few years and currently you are looking at upgrading your home furnish then what will be the best option which may run into 5 lakhs to 10 lakhs? Easier option in such situation will be to go for Home Equity Loan or Top-Up Loans. But let us first look at when one can … [Read more...]
LIC’s Jeevan Saral-Why so much confusion?
When I wrote post related to LIC's recent bonus declaration, I flooded with lot of quarries related to Jeevan Saral plan. Why so much confusion about this plan? Is it due to few new features of this plan or exaggerated returns shown by agents? I think both. So let us understand what this plan is and … [Read more...]