Any additional repayment either in bulk or in parts will reduce your interest burden. However, check with your bank if it will accept multiple repayments in one financial year.
Employers can increase the variable pay component including allowances which you can claim on a reimbursement basis. While considering the options to restructure compensation packages, employers shoul
A few investments that retirees should avoid are those that come with high risk such as real estate, direct stocks. It is better to spread the investments across so as to keep the risks in control.
Lumpsum investing can prove to be quite useful, especially if you are not sure of being able to make monthly SIP payments consistently for the long term
Irrespective of the verdict from the Supreme Court, from the financial cost point of view, it would be better to pay off the full/part of the EMIs overdue.
Under the scheme, unemployment benefit is paid to the workers covered under ESI Scheme. The benefit under the scheme can now be availed till June 30, 2021.
However, insurers have the option of offering sum assured beyond Rs 25 lakh under Saral Jeevan Bima with all other terms and conditions remaining the same.
However, FY21 is going to be a challenging year due to Covid-induced fall in equity and debt market. In aggregate, 80% of the NPS corpus is invested in debt (G-secs and corporate bonds) and 20% in equ
Choose funds based on consistent performance across market cycles and not just a single period. Complement this with qualitative analysis which will give insights into how a scheme is likely to perfor
Plan your expenses based on your budget, like if you want to buy an Ultra High Definition TV or a smartphone, try to find out which particular model would fit your budget and if there are any discount