Opening PPF Account for minor children

 Opening PPF Account for minor children PPF account is one of the most favorite investment product in India and every person wants to open a PPF account for his minor child. However, there are lots of myths about the rules on opening PPF account for minor kids. In this article, we will look at some of the important points you should know if you want to open a PPF account for your children. We will discuss about tax exemption, limit...

Are You Saving OR Are You Investing

 Are You Saving or Are You Investing Are You Saving OR Are You Investing? Many people often misconstrue savings with investments. But let us tell you that there is indeed a difference between the two. Merely putting aside money under the mattress, or in a vault, bank locker or savings bank account after meeting your expenses and liabilities may not mean that money works for you. In times where the inflation bug is eating into...

Some Myths & Clarifications About Mutual Funds

 Some Myths & Clarifications About Mutual Funds  - Some Myths & Clarifications About Mutual Funds  Mutual funds are an effective engine to route your investments in the securities market. They (mutual funds) offer several advantages over direct stock picking; such as... diversification, professional fund management, lower expenses, economies of scale, liquidity, etc. But despite all of this,...

All you need to know about exclusions in your Health Insurance Policy?

All you need to know about exclusions in your Health Insurance Policy? Claim rejection is the most disappointing subject in a policy holder's life. The customer starts loosing trust in the company and feels betrayed. They feel the company gives unrealistic reasons for rejecting their claims. An insurance claim rejection results in a huge loss to customer, financially, because now they have to pay the medical expenses...

Cashless Health Plan: How to make the best use of it

Cashless Health Plan: How to make the best use of it The Cashless Health plan is one of the best advantages in a Health Plan. Most of us assume that having a Cashless Health plan means that we will be covered in case we are admitted in a hospital. It's an easy assumption to make, but there is much more to a cashless health plan. You should be aware of the many details in the fine print like the ones below. Day Care...

7 Ways to kickstart the Saving Habit

7 Ways to kick start the Saving Habit You might think this is an another sermon on saving money and the article might ask you to start habits that might make you and your family lead a miserable life. I am not giving any such advice. Really! I am sharing some ways that will help you save money and make saving a lifelong habit. Kick start the Saving Habit before its late 1. Start with small steady steps – You have heard the phrase...

Understanding Tax Free Bonds

Understanding Tax Free Bonds Tax free bonds are those bonds issued for long term, for investment horizon of 10 to 15 years, in which interest earned is exempt from tax.  Tax free bonds do not provide any benefit of tax savings but only interest earned on these bonds is tax exempt.  Tax Free bonds Bonds form the part of  Debt as an asset class. This implies that the investor has given a loan to the issuing entity,...