Let us say you received your CIBIL credit report and suddenly found some Errors in CIBIL Report, then how to correct them online? In this post, we will see how to update online. What is CIBIL Credit Report? This score is nothing but the records of your payments pertaining to loans and credit … [Read more...]
Archives for August 2016
Income Tax on Gift in India – Rules and tips to save tax
What are the rules of Income Tax on Gift in India and how we can use exemptions and save tax on it? We often believe that if we gift money to a spouse, kids, family or friends then we can save tax. But the reality is something different.Hence, try to understand the Income Tax on Gift in … [Read more...]
Mutual Fund Investors in India – Some unknown mistakes
I am writing this post after receiving so many doubts and questions related mutual fund investments. The Mutual Fund Investors in India commit so many mistakes which they never notice them as mistakes. Hence, I thought to list them in detail.# Invest because of peer comparisonRecently I … [Read more...]
NPS Tier 2 – Alternative to Savings Account, FDs or Debt Mutual Funds?
Whether we can use NPS Tier 2 account as an alternative to savings account, FDs or debt mutual funds? This is the question recently asked by a blog reader. His reasons are very much valid. Let us see whether it is suitable or not.The reason for his question is valid. Hence, thought to discuss … [Read more...]
Beware of Insurance Comparison portals in India
Why Insurance Comparison portals in India request you enter data? Why they always insist you buy a particular product? Have you thought on this? Let us see the reasons behind this.Many of us when decided to buy term life insurance, health insurance or car insurance, we want to Google it … [Read more...]
Tax benefits for senior citizens and super senior citizens
There are certain tax benefits for senior citizens and super senior citizens. In this post, let us try to understand who are considered as senior citizens and super senior citizens. Also, I will explain you the tax benefits available to such category of individuals.First, let us understand who … [Read more...]
Health Insurance Portability in India – Features and Process
What if you are not satisfied with your existing health insurance premium, feature or service of an insurance company? The simple answer is to use the Health Insurance Portability option.You can easily switch your health insurance from one insurance company to another insurance company or … [Read more...]
Health Insurance Regulations 2016 – 5 changes you must know
IRDA announced Health Insurance Regulations 2016 on 12th July, 2016. There are few positives to insured individuals to look for. Let us know about all these changes.Below are the major five changes of IRDA's Health Insurance Regulations 2016.# Life Insurance Companies can't sell Mediclaim … [Read more...]