by Vidya Kumar | Jan 11, 2013 | Investment, personal finance, Smitha Hari
A chit fund is a savings scheme which has been very popular in South India and in some other states of the country for several decades. Over the past couple of decades, chit funds have been shrouded by news of fraudulence. As a result, many small chit funds closed...
by Vidya Kumar | Jan 10, 2013 | Risk management
Only few years back, getting a fridge or a television at your doorstep with just a click of mouse wouldn’t have been possible. Fast forward today!! You can even buy grocery online. That’s the power internet has given to contemporary consumer. You...
by Vidya Kumar | Jan 9, 2013 | insurance, Smitha Hari
Assume that your close friend suddenly suffers a major heart attack and he needs to be operated. He has a health insurance, but this is insufficient to cover the treatment cost. In addition to the operation cost, his family will also have to incur the hospitalization...
by Vidya Kumar | Jan 8, 2013 | loan
No man’s credit is ever as good as his money…Edgar Watson Howe In today’s world, expenses are growing considering the choices available and lifestyle that people want to maintain. This leads to borrowing money for buying cars, fancy homes, luxury...
by Vidya Kumar | Jan 7, 2013 | Smitha Hari, taxation
Planning for your taxes is an integral part of financial planning. In India, it is noticed that a majority of the salaried class use the most popular Sec 80C deductions and a few other provisions to reduce their tax outflow. Please click here to read on popular tax...
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