Recently there was news that from now onwards Aadhaar is mandatory for buying and selling of stocks and Mutual Funds. In this direction, it is better for you to be ready with all your Demat accounts and Mutual Funds be linked to Aadhaar. Let us see how to link Aadhaar to Mutual Funds folios … [Read more...] about How to link Aadhaar to Mutual Funds folios online?
Archives for August 2017
Recently LIC declared the bonus rates for the year 2017-18. Let us see the complete details about LIC Bonus Rates for 2017-18 and how they affect your life insurance returns. What is the meaning of bonus for LIC policies? When you buy a traditional with profit product from LIC, then your returns … [Read more...] about LIC Bonus Rates for 2017-18 – A complete list
All of you might be aware that now instead of VAT, GST is the norm in all our shopping bills. However, there may be few instances where shops or hotels may use fake GST Bill or GST number and may dupe you. Hence, let us understand how to identify or verify fake GST Bill and GST number.We usually … [Read more...] about How to verify fake GST Bill and GST number?
Earlier LIC agents used to sell the products which used to be same as of which LIC offers. Now LIC Agent's Combination Products are so popular that there are many chances of mis-sold to you.Recently LIC warned all customers stating as below.Long back I wrote a post on this subject … [Read more...] about LIC Agent’s Combination Products and LIC Warning!!
Many of us invest in the name of our spouse or kids and feel that we can easily avoid taxes. But it is not true in many cases. Because even though the earning is in your spouse or kids name, Clubbing of Income provisions apply and you have to pay the tax. Let us see the applicable rules in this … [Read more...] about Clubbing of Income of spouse and child -Tips to save tax
PPF Account is considered as one of the favorite investment for many of us as it gives tax benefits and also the safety mentality. However, many of us open PPF in our name, minor kids name and also in wife name. But hardly few know what are the rules, tax benefits and tricks you can use with PPF … [Read more...] about PPF Account for Minor and Wife – Rules, Tax Benefits and Tricks