Recently you might have noticed that few PSU employees misused the Leave Travel Concession (LTC) component of their salary by claiming in a wrong way. So let us first understand what is Leave Travel Concession (LTC) and how to get the claims.Leave Travel Concession (LTC) is nothing but a type of … [Read more...] about Leave Travel Concession (LTC) rules and applicability
Archives for August 2013
Recently IRDA revamped so many changes when it comes to Life Insurance. All these changes will be effective from 1st October 2013 (Now IRDA extended it to 1st Jan 2014) . It is very important for all Life Insurance buyers to understand these changes well before going ahead for any buying.Non … [Read more...] about IRDA Life Insurance Regulations 2013-Do you know these changes?
Since few months when you watch some business news channels, you notice the few common words they are mentioning-strength of dollar against rupee, bond yield raising, USA strong economy, FIIs outflow or USA Federal Reserve meeting. What effect all these have on retail investors like you and me? What … [Read more...] about Why USA Federal Reserve impacting the Indian equity market?
Whenever you hear about insurance then the buzzing product will be “Term Insurance”. Yes we all know the importance of insurance in our life. Being the planner I too recommend it on high priority before proceeding for any investment. But is it required for all?To proceed further let us … [Read more...] about Term Insurance-No sorry !!!
Recently Department of Stamps and Registration, Govt of Karnataka revised guidance value for properties belong to Bangalore Urban, Bangalore Rural and Ramanagara District. So let us view the heat of the same :)Let us first understand what is the guidance value of property. It is the value below … [Read more...] about Bangalore’s property revised guidance value
Surprised?? But you can find such interest rate if you are from the below listed countries. In India we hardly find more than 6% savings account interest rate and we struggle to get more. But in reality in some other part of the world we find the savings account interest rates more than 10%.It … [Read more...] about What if your savings account fetch you 10% return?