Banks have revised FD Interest Rates and Home Loan Rates in February 2020
Summary: The RBI announced its monetary policy in February 2020. Though there were no rate cuts or changes in CRR, the other measures have given banks to have higher liquidity. Therefore banks such as SBI, BoB, etc. have amended interest rates on loans and FDs. The...
Highlights Of Budget 2020
Summary: Finance Minister, Nirmala Sitharaman presented the Union Budget 2020on the 1st of February, 2020. The main talking points that affect the common man are around changes in the income tax rates, taxation rules for NRIs and scrapping of Dividend Distribution...
Summary – Smart Couples Finish Rich by David Bach
Executive Summary: David Bach's book, Smart Couples Finish Rich focuses on frank discussions about money between couples. It talks about financial relationship between couples and the activities they can do to improve their financial equation and their financial...
Have You Availed Of Doorstep Banking Services?
Executive Summary: Banks have to offer Doorstep banking to senior citizens (above 70 years of age), differently abled people and people with chronic illness as per an RBI directive. Many banks are offering these services. Check out the services offered by ICICI Bank,...
Review – LIC’s Micro Bachat Plan
LIC Micro Bachat Plan What Is ItA regular premium, non-linked micro-insurance planProvides protection and savings – Financial support for family in case of the unfortunate event of policyholder's death. Lump sum amount paid to policyholder on maturity of the...
Commute Better – Reduce the Impact of Rising Fuel Prices
Executive Summary: The rising fuel price affects all aspects of our life - Basic Necessities, Travel, Government policies on economy etc. We can attempt to do a few things to reduce the impact of it on our financial life. The spiralling petrol prices have left...
How to Handle a Financial Crisis
Executive Summary: A financial crisis can give you a stressful time. Understand the reasons of the financial crisis, take steps such as reducing expenses and adding sources of income to reduce its impact and plan your finances such that you are prepared better if...
Health Insurance For Medical Treatment Abroad
Executive Summary: Health Insurance Providers have started offering insurance cover for medical treatment abroad. We compare three plans here - Max Bupa Heartbeat Individual - Platinum, New India Global Mediclaim Policy and Apollo Munich's Health Wallet....
Pension Income and Its Taxability
Executive Summary: Government sector employees who have been appointed before 31 December, 2003 and have a minimum of 10 years service are eligible for pension. The taxability of pension depends on who is receiving the pension and how is it being received. Other...
Commute Better – Reduce the Impact of Rising Fuel Prices
Executive Summary: The rising fuel price affects all aspects of our life - Basic Necessities, Travel, Government policies on economy etc. We can attempt to do a few things to reduce the impact of it on our financial life. The spiralling petrol prices have left...
How to Handle a Financial Crisis
Executive Summary: A financial crisis can give you a stressful time. Understand the reasons of the financial crisis, take steps such as reducing expenses and adding sources of income to reduce its impact and plan your finances such that you are prepared better if...
Health Insurance For Medical Treatment Abroad
Executive Summary: Health Insurance Providers have started offering insurance cover for medical treatment abroad. We compare three plans here - Max Bupa Heartbeat Individual - Platinum, New India Global Mediclaim Policy and Apollo Munich's Health Wallet....
Pension Income and Its Taxability
Executive Summary: Government sector employees who have been appointed before 31 December, 2003 and have a minimum of 10 years service are eligible for pension. The taxability of pension depends on who is receiving the pension and how is it being received. Other...
Antoine de Saint-Exupéry
A goal without a plan is just a wish!