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    1. Business News
    2. Authors
    3. amitava.chakrabarty

    Amitava Chakrabarty

    Post Office deposits, Bank FDs, small savings schemes, commercial banks, safety of investments, RBI, sovereign guarantee, tax benefits, tax deductions u/s 80C, tax-free interest, tax-free maturity, Public Provident Fund, PPF, Sukanya Samriddhi Yojana, SSY, Deposit Insurance and Credit Guarantee Corporation, DICGC
    Post Office Deposits Vs Bank FDs: Don’t just see latest interest rates, this is what you get and don’t get in each

    Although, the rates on Post Office deposits are higher than FDs, which vary from bank to bank and tenure to…

    By Amitava Chakrabarty
    Updated: October 16, 2018 17:49 IST
    gold, gold ornaments, gold jewellery, gold funds, gold ETFs, Sovereign Gold Bonds, SGBs, Gold Monetisation Scheme, GMS, accumulation gold, daughter's marriage, Gitanjali Jewellers, Nirav Modi
    Gold ornaments Vs gold funds Vs SGB Vs GMS: How to accumulate gold for your son/daughter’s marriage?

    The thought of soaring gold prices and accumulating enough gold for their son’s and/or daughter’s marriage always remains in the…

    By Amitava Chakrabarty
    Updated: October 16, 2018 14:54 IST
    Sovereign Gold Bond, SGB, Reserve Bank of India, RBI, Government bond, Government security, gold, gold jewellery, purity of gold, pure gold, paper gold, bank locker, interest of SGB
    No locker rent, no tension of purity or theft, 2.5% annual return: Invest in Sovereign Gold Bond now

    As an investor receives the ongoing market price at the time of redemption or premature redemption, the quantity of gold…

    By Amitava Chakrabarty
    October 15, 2018 16:59 IST
    pension, retirement, retired life, APY, Atal Pension Yojana, pension income, guaranteed pension, government of India, government guarantee, monthly pension, government contribution
    How to ensure Rs 10,000 monthly pension, Rs 17 lakh corpus by contributing less than Rs 500 per month

    Contributions to the pension scheme will depend upon the age and the monthly pension opted and may be contributed on…

    By Amitava Chakrabarty
    October 15, 2018 14:24 IST
    Employees' Provident Fund Organisation, EPFO, Employee’s Provident Fund, EPF, Universal Account Number, UAN, online PF transfer, online PF withdrawal, how to retrieve UAN online, Provident Fund, PF contributions
    Don’t know your UAN? Here is how you can retrieve it online to withdraw or transfer PF

    EPFO has made things easy by bringing all the previous and current PF contributions of an employee on a single…

    By Amitava Chakrabarty
    Updated: October 14, 2018 08:48 IST
    Postal Life Insurance, PLI, oldest life insurer in India, endowment insurance policies, whole life plan, money back plan, children insurance plan, joint life plan, Suraksha, Santosh, Suvidha, Sumangal, Yugal Suraksha, Bal Jeevan Bima
    Postal Life Insurance to cover more people: Here is what you should know about the schemes

    Started in February 1884, the Postal Life Insurance (PLI) is the oldest life insurer in India, which offers six endowment…

    By Amitava Chakrabarty
    Updated: October 13, 2018 08:35 IST
    Sukanya Samriddhi Yojana, SSY, Sukanya Samriddhi Yojana interest rates, FD rates, fixed deposits, FD, PPF, small savings scheme, beti bachao beti padao, girl child, post office schemes, higher interest rates
    Sukanya Samriddhi Yojana interest rates, benefits far better than FDs for saving big amount for your daughter

    Apart from higher interest rates, there are other benefits also under this government-sponsored scheme for meant for the girl child.

    By Amitava Chakrabarty
    Updated: October 14, 2018 08:51 IST
    Mutual Funds, MFs, HSBC MF, HSBC Equity Hybrid Fund, equity fund, NFO, asset allocation, tax benefits
    Hurry up! HSBC MF’s Equity Hybrid Fund NFO closes on October 12

    The minimum amount for lump sum investment will be Rs 5,000 per application and in multiples of Re 1 thereafter…

    By Amitava Chakrabarty
    October 11, 2018 16:24 IST
    Universal Account Number, UAN, Employees Provident Fund Organisation, EPFO, EPF, PF, Provident Fund, Employees Provident Fund, PF transfer, PF withdrawal
    UAN: Salaried PF beneficiaries should know all about this very important number; Key facts

    Linking of multiple Member IDs allotted to a single member under single UAN helps an EPFO beneficiary or the member…

    By Amitava Chakrabarty
    Updated: October 13, 2018 11:37 IST
    mutural funds, MF, Mahindra AMC, Mahindra Rural Bharat and Consumption Yojana, rural economy, Indian economy, equity fund, equity investment, tax benefits, STCG, LTCG, agriculture
    Mahindra AMC unveils Rural Bharat and Consumption Yojana: Should you invest in this equity fund?

    The scheme has no entry load, but an exit load of 1 per cent is payable if units are redeemed…

    By Amitava Chakrabarty
    Updated: October 10, 2018 11:29 IST
    Bank FDs, NBFC FDs, corporate deposits, Post Office deposits, risk-free investments, risk-averse investors, safe investments, fixed deposits
    Bank FDs vs NBFC FDs vs corporate deposits vs Post Office deposits: Options for investors who want safety

    The interest rates offered by NBFCs are generally higher than that of banks. Senior citizens also get higher rate of…

    By Amitava Chakrabarty
    October 9, 2018 14:28 IST
    life insurance, term insurance, term life insurance, insurance cover, insurance riders, maximum insurance, adequate insurance cover, insurance guidelines, insurable age, LIC, tax savings
    Applied for Rs 1 crore cover? Insurance company may deny you! Here is why

    Everybody talks about the need of adequate insurance and asks people to take maximum cover. But how big the maximum…

    By Amitava Chakrabarty
    Updated: October 9, 2018 14:54 IST
    Sukanya Samriddhi Yojana, SSY, Public Provident Fund, PPF, small savings scheme, beti bachao beti padao, girl child, post office schemes, higher interest rates
    Sukanya Samriddhi Yojana more lucrative than PPF: How to avail the benefit

    Apart from tax benefits and sovereign guarantee, Sukanya Samridhhi Yojana (SSY) and Public Provident Fund (PPF) offer you higher than…

    By Amitava Chakrabarty
    Updated: October 8, 2018 18:06 IST
    insurance, life insurance, health insurance, Critical illness insurance, third party insurance, Householders insurance
    Alert! You are risking a lot if you do not have these 5 types of insurance

    To minimise the risk of financial losses due to unforeseen eventualities, people should take adequate insurance cover.

    By Amitava Chakrabarty
    Updated: October 8, 2018 05:22 IST
    Mutual Funds, MFs, Asset Management Companies, AMCs, direct mutual fund plans, direct plans, regualr plans, Sebi, mutual funds sahi hai, equity investments, equity markets, equity MFs, open-ended funds, close-ended funds, IFAs, RIAs, MF distributors, independent financial advisors, registered investment advisors
    MF direct plans are great: How to find suitable fund and how to invest

    Market fluctuations give the opportunity to get higher return in the long run, which otherwise would not be possible if…

    By Amitava Chakrabarty
    Updated: October 4, 2018 23:53 IST
    share markets, shares, Sensex, Nifty, BSE, NSE, physical share, demat account, dematerialisation, electronic format, Sebi
    You can just watch your physical shares soar on Sensex, but can’t sell them from Dec 5

    You will not be able to lodge your physical shares with the company or its RTA for further transfer, if…

    By Amitava Chakrabarty
    October 3, 2018 16:41 IST
    PPF, Public Provident Fund, NPS, National Pension System, New Pension Scheme, NSC, National Savings Certificates, PF, provident fund, ELSS, equity liked savings schemes, EPF, insurance plans, Sukanya Samriddhi Yojana, tax-saving schemes, tax benefits, income tax, life insurance, LIC, section 80C, 80C deductions, tax deductions
    PPF to NPS to NSC to PF to ELSS to insurance plans: Do you know tax impact of each?

    Tax deductions under section 80C and other similar sections help people inculcate saving habits as the tax saved on such…

    By Amitava Chakrabarty
    Updated: October 3, 2018 13:33 IST
    Public Provident Fund, PPF, PPF investments, PPF account for children, PPF account for wife, limits on PPF investment, income tax, income tax benefits, 80C deductions, income tax deductions, tax-free maturity, tax-free interest
    Separate PPF accounts for father, mother, each kid? Possible, but there is one big factor to consider

    The government has put some restrictions on PPF, because apart from the sovereign guarantee, investors enjoy higher interest rates and…

    By Amitava Chakrabarty
    Updated: October 1, 2018 18:18 IST
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