Imagine a situation where your investment grows by 9.5% every year but you have to pay 7% in charges. Many Ulip investors don't have to imagine. For them, this is the harsh reality of the returns that their Ulips have earned in the past five years. Economic Times, 2 weeks ago
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Though the deduction will be higher and net take-home pay will fall, you can get a significant tax benefit. With introduction of the National Pension System and retirement funds from mutual funds, the Employees' Provident Fund Organisation (EPFO) might be losing its sheen. In fact, in his Budget speech, Finance Minister Arun Jaitley had referred to EPFO subscribers as "hostages, rather than clients". "The low-paid worker suffers deductions greater than better-paid workers, in percentage ...Rediff.com, 1 month ago
Thinking of investing in the PPF and fixed deposits for your little daughter's education or marriage? The Sukanya Samriddhi Yojana (SSY) could be a better alternative. The scheme, which was launched in January as part of the Prime Minister's Beti ...Times of India, 1 month ago Is investing in Sukanya Samriddhi Yojana better than PPF? Economic Times, 1 month ago
Taxi booking, online shopping and transfer of money will soon be at your fingertips. Imagine a future where you don’t need to carry any cards, and all transactions such as booking a taxi, buying from an online retailer, and paying utility bills are done instantly using a mobile phone. This could be a reality with the National Payments Corporation of India (NPCI) launching a unified payments interface that makes your mobile phone as good as a virtual debit card. “The ...Rediff.com, 2 months ago
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