Rajeev Kumar

Articles By Rajeev Kumar

914 Articles

Public Provident Fund, SCSS, NSC interest rates not changed. Are they still good options to invest?

Small savings schemes, which give the twin advantages of a government guarantee and various tax benefits, have been the automatic choice for most investors for their debt portfolios


Employees Provident Fund Tax Calculation: Contributing Rs 2.5 or 5 lakh? Here’s how you will be taxed now

Employees Provident Fund tax calculation: In the Finance Bill, 2021, the Income Tax Act has been amended to impose a tax on interest earned on contributions made to a provident fund in excess of Rs 2.5 lakhs in a financial ye


How top-up health insurance policy can help you pay less premium for higher coverage – Explained

A top-up health insurance policy is like a supplemental health insurance plan that helps you enhance the coverage level while at the same time keeping the premium affordable.

top up health insurance policy

Smoking is making you pay 50% more premium on a term insurance plan! Here’s how

Impact of smoking on insurance premium: The smoking habit not only makes you sick slowly but also financially weak over a period of time. When it comes to managing personal finances, smokers face double whammy.

impact of smoking on insurance premium

Is there a future for Cryptocurrency in India? A look at recent discussions in Parliament

Slowly but steadily sentiments in favour of cryptocurrency is building in the country. In what form cryptocurrency would be acceptable to Indian lawmakers and regulators remains to be seen.

cryptocurrency india

Central Government Employee? Modi govt extends last date for LTC claim/bill submission

LTC Cash Voucher Scheme: The Central Government has extended the deadline for submission of bill/claims under LTC Special Cash Package Scheme.


Why do smart people make stupid money mistakes?

How to avoid stupid money mistakes: Even those considered smart (in their own eyes or by people surrounding them), often make silly mistakes. More so when it comes to money matters

Why smart people make stupid money mistakes

What to do in your 20s to retire before 40? Is it really possible?

How to retire before 40s in India: Without financial independence, one cannot retire early. But what does this financial independence mean? There are multiple interpretations of financial independence

how to retire before 40s

Indian Gold Coin Scheme amended; Buy 1, 2 gram coins at airports, post office, jewelry shops and online soon

The Central Government recently approved several amendments to the Indian Gold Coin Scheme. The change in rules is expected to popularise Indian Gold Coins and make them directly available to buyers

indian gold coin scheme

TDS Calculation: Rs 1 lakh Tax Deducted At Source on Rs 20 lakh cash payment to non-filers – New rule explained

TDS Payment Rules 2021 (Section '206AB (I) Explained): The Finance Act 2021 recently cleared by the Parliament has introduced a "Special provision for deduction of tax at source for non-filers of income-tax return."

New TDS rule 2021 for non filers explained.

Income Tax Alert! Employees Provident Fund, LTC to ITR Filing rules – 10 big changes to know before April 1

Income Tax Changes: March 31 is an important date for income taxpayers in India as a number of changes are going to kick in from April 1.


Better than SBI Fixed Deposit! Savings Account with up to 7% interest, zero maintenance charge launched

A Saving Account offering 7 per cent interest on the account balance has been launched by Niyo in partnership with Equitas Small Finance Bank.

niyox savings account

Make the most of salary income! Public Provident Fund to NPS – 10 things employees should know in 2021

Salary income planning 2021: For those on salary income, tax planning is one of the most crucial aspects of financial planning. But not many employees are aware of the range of tax-saving avenues available to them.

salary income

Breaking Master/Visa credit card oligopoly, UPI-based mobile vCard finds takers in India [Features Inside]

vCard is a digital credit card incorporating multiple tech innovations. It is fundamentally different from the plastic credit cards being offered by banks

credit card payment

Life Insurance Mis-selling: ICICI Prudential refunded Rs 2.9 cr, LI sold as Fixed Deposit in 1 case, says Govt

Life Insurance Mis-selling: Thakur said RBI has informed that the Regulatory Guidelines are in place to prevent banks from mis-selling insurance products.

Insurance Act

Term Life Insurance plan prices to increase by up to 20%! Here’s why you should buy before March 31

Term Life Insurance price 2021: The increase in term insurance rates can range between 10% and 15%. Many reinsurers had already hiked their premium rates at the start of 2021 and the others are expected to follow suit by Apri

Term life insurance

Buying new life, health or motor insurance policy? Know if physical certificate is mandatory or not in 2021

Certificate of Insurance rules in India 2021: The physical version of the electronic insurance policies need not be issued when electronic insurance policies are issued through the platform of registered Insurance Repositorie

Insurance Act

Income Tax for non-residents: Stranded in India & facing double taxation? New CBDT circular explained for you

Income Tax for non-residents: Due to the coronavirus outbreak and subsequent lockdown last year (2020), many non-residents were stuck in India due to the stringent travel restrictions

income tax

New Fund Offer: Invest as low as Rs 5000 in quality PSU, State Govt Bonds; Check risks, benefits

Edelweiss Asset Management Company Limited has announced the launch of Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026.

Central Government Employee? Modi govt issues new LTC cash voucher scheme clarifications before due date

LTC Cash Voucher Scheme for Central Government Employees: In a new Office Memorandum, the Department of Expenditure (DoE) under the Ministry of Finance has issued new clarifications

LTC cash voucher scheme

Dearness Allowance Hike: DA to be restored, revised higher rate for Central Government Employees soon!

Dearness Allowance, 7th Pay Commission Central Government Employees DA Latest News: Anurag Thakur said the previous three rates will be "restored prospectively and will be subsumed in the cumulative revised rates effective fr

dearness allowance 7th pay commission latest news today

ETF explained: Should you invest in Exchange-Traded Fund over Mutual Funds or stocks? | Interview

ETFs have been capturing market share from mutual funds as the management fees of ETFs in India have an expense ratio as low as 0.10% compared to an actively managed mutual fund for which charge is in the range of 1.5% to 3%


Investing in Cryptocurrency? Risks, Safety Legal Status, Future in India – All you need to know

Cryptocurrency: Because of the factors like inherent security, lower transaction fees, lack of interference from the banking system, easy access and use, and universal recognition, it is gaining grounds in India

cryptocurrency investment in india

One Rank One Pension for retired Public Sector Bank employees: Here’s what Modi govt says on OROP question

One Rank One Pension for Public Sector Bank Employees: The Central government has denied considering any proposal for the implementation of 'One Rank One Pension' for retired employees of Public Sector Banks (PSB).


Beware! Don’t buy motor insurance from this company; IRDAI sounds alarm

The Insurance Regulatory and Development Authority of India has issued against dealing with a Bangalore-based entity - 'Digital National Motor Insurance'.


SBI Home Loan: State Bank is offering loans at 6.8% without processing fee till March – Check details

State Bank of India Home Loan Interest Rate 2021: SBI is currently offering home loans at interest rates starting as low as 6.80% per annum.


Soon, keep Life, Health, Car, Term and all other insurance policies in Digilocker

Insurance via Digilocker: The regulator has said that the insurance companies should inform retail policyholders about the Digilocker facility and how to use it.