No Gratuity payment for 1 2, 3 or 4 years of service: New rules soon

Gratuity Payment Rules: Employees will become eligible for payment of Gratuity only after termination of his employment on completion of 5 continuous years in service
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Sukanya Samriddhi Yojana: Who all can invest in your daughter’s SSY Account and get tax benefits?

In their presence, only parents of a girl child have the right to open and operate an SSY Account for the child till she turns 10 years old.

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Get up to 8.65 per cent! L&T Finance NCD issue to open from December 16

Bank fixed deposits are an alternative investment option but the interest rates currently being offered by them are low.

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Ease of payment vs online frauds: The pros and cons of using digital payment options

Although, digital payment apps make transactions very convenient and rewarding, but there is a dark side to it – online frauds, which are alarmingly on the rise.

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The real state of real estate in India

The fundamentals of Indian economy and key drivers of India’s growth story remain largely intact and it seems only a matter of time when we will see all concerns of slowdown getting addressed.

real estate, real estate in India, residential real estate, office space, retail, Indian economy, GDP growth, Pradhan Mantri Awas Yojana, RERA News

Mutual Fund Investment: Top 5 mutual fund schemes to watch out for in 2020

Investing in mutual funds is a wise way to grow wealth. However, selecting the right mutual fund to invest in can prove challenging.

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No charge on prepayment of housing loan

If you can invest the spare Rs 9 lakh in an instrument for 2.5 years, earning an interest of more than 6.5% in a relatively safe investment, without taking high risk, you should go for it and not prep

prepayment, housing loan , HDFC , HDFC  bank, EMI, EPF, insurance premium News

Mutual funds: Why SIPs remain the best bet in volatile times

Outflows were reported in the aggressive hybrid funds, equity savings funds and conservative hybrid funds. Agarwala says aggressive hybrid funds had reported outflows for last few months as the segmen

Mutual fund, SIP, volatile time, AUM, money news, net equity inflow News

Exit loads dent popularity of Liquid Funds, investors shift focus to Overnight Funds

According to AMFI data, after imposition of the exit loads, investors have started shifting their focus from Liquid Funds to Overnight Funds and other short-term funds.

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DICGC collected Rs 88,523 cr premium from banks, payout towards claim totalled Rs 296 cr

DICGC, a wholly-owned subsidiary of the Reserve Bank of India (RBI), provides insurance for bank deposits up to the limit fixed by the Corporation.

DICGC, RBI, DICGC insurance, DICGC insurance premium, DICGC insurance payout News

7th Pay Commission: Allowances worth around Rs. 4800 cr approved for these Govt employees

Certain 7th Central Pay Commission allowances namely Children Education Allowance, Transport Allowance, LTC, Fixed Medical Allowance will now be made available to the employees.

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REITs to give a boost to commercial real estate in India

The launch of REIT symbolizes that the Indian realty market has become more professional and transparent.

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Digitisation makes buying simplified life insurance products increasingly effortless

With the advent of the internet and consumers becoming more perceptive with digital, today, buying insurance has become effortless.

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Health Insurance Terminologies: A ready reckoner for deconstructing the cocoon

Knowledge of health insurance terminologies helps in better selection of coverage, features and benefits best suited for one’s needs.

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Life Insurance for Smokers: How smoking can affect your life insurance premium

Being a smoker puts people at a higher risk of smoking-related illnesses which translates to higher premiums.

insurance, life insurance, Life Insurance for Smokers, life insurance for smokers vs nonsmokers, how does smoking affect your life insurance News

Defaulted on loans because of delay in salary? Find out why other borrowers are defaulting

The report cites that 36 per cent of the defaults was because of delay in salaries, 29 per cent were due to a business downturn, while 13 per cent were due to medical emergency.

delay in salary, Loan defaulter, CIBIL score, EMI, penalty, borrower News

SIP or lump sum: Which is a better investment mode?

If the market is volatile, a lump-sum investment can bear a negative return even in the long-term, but SIPs can still give you an excellent return

Mutual funds, SIP, financial goals, debt investments, net asset value, investment modes News

Share buyback: Know what the amended Section 115 QA says

The declared dividend is chargeable to Dividend Distribution Tax, whereas, earlier, the amount distributed as buy-back of shares was chargeable to capital gains.

Share buyback, Section 115 QA, accumulated funds, Dividend Distribution Tax, Income Tax Act, buyback of shares News

Want to invest or withdraw? This may help you

For portfolio construction, asset allocation-based approach should be followed.

SWP, SIP, Foreign Asset, Indian investor, SEBI, Global Equity Mutual Funds, LTCG, debt funds  News

5.91 crore people enrolled under PMJJBY, 15.47 crore under PMSBY: Nirmala Sitharaman

The minister said that for creating a universal social security system for all Indians, especially the poor and the under-privileged, Prime Minister Narendra Modi launched the two schemes in the insur

PMJJBY, pmjjby launch date, pmsby details, pmsby pmjjby, Nirmala Sitharaman News

Mutual Funds’ asset base hit all time high of Rs 27 lakh crore on inflow in debt schemes

The 44-player industry logged an assets under management (AUM) of Rs 26.33 lakh crore in October-end, as compared to Rs 27.04 lakh crore by November end, representing a growth of 3 per cent, according

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How to protect your investments from Karvy-type frauds

Providing Power of Attorney (PoA) to broker/provider of the demat services, authorises them to pay and receive investors' money and securities to make the investment process seamless.

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Managed office space set to give further impetus to real estate

In an exclusive interview, Sharad Bajaj, Co-Founder & Managing Director, Office Beanz Private Ltd, talks about the co-working space and shares his business outlook.

real estate, co-working space, commercial real estate, exclusive interview, Sharad Bajaj, Co-Founder and Managing Director, Office Beanz Private Ltd, Gurgaon, Managed office space News

SBI cuts MCLR: Rs 2 lakh savings on home loan interest possible for these borrowers

The cut in the MCLR will benefit those who are paying EMIs on home loan linked to the bank's MCLR.

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