‘Money Matters’

PFRDA’s Plea for tax relief for investment in NPS

Thursday, June 3, 2010 7:51

The interim pension regulator has sought tax relief on investments in the New Pension Scheme (NPS) to make it more attractive to employees of private sector firms.

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Should we invest in Highest NAV ULIPs?

Should we invest in Highest NAV ULIPs?

Monday, April 5, 2010 10:17

ULIP (unit linked insurance plans) is a life insurance policy mixed up with an investment in the stock market. A portion of the premium paid by you is utilised towards taking a pure endowment life insurance policy and the remaining amount is invested in the stock market by buying shares ...

Internet Banking-Safety is in your hand

Internet Banking-Safety is in your hand

Friday, March 5, 2010 20:38

Use of Internet and ATM for banking is common nowadays. Even a novice could operate internet banking interface with ease. Yet use of ATMs and Internet banking for banking could be termed as a double-edged weapon

Do Govt Employees need Health Insurance ?

Do Govt Employees need Health Insurance ?

Saturday, October 31, 2009 15:41

"Why should I go for a Health Insurance if I am a Government Employee? I am already covered by either CGHS or Medical Attendance Rules." This may be your thought process when you start reading this article.

Bank FD - safety at the cost of poor capital appreciation

Bank FD – safety at the cost of poor capital appreciation

Sunday, October 25, 2009 23:24

Traditionally the most favoured investment avenue in India, bank deposits continue to hold fort even today. The total fixed deposits with banks in India amount to a whooping Rs 35,68,435 crore (Rs 35,684.35 billion) as per Reserve Bank of India data.

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What is Human Life Value ?

What is Human Life Value ?

Sunday, October 11, 2009 22:57

Yes. It's a price tag on human life. Every humanbeing is priceless to his family. But it becomes necessary to evaluate a human life in terms of money, in order to safeguard from under-insurance problems.

Axis Bank to enter into Mutual Fund business

Axis Bank to enter into Mutual Fund business

Monday, September 7, 2009 17:46

Axis Asset Management Company Limited (Axis AMC), a wholly owned subsidiary of Axis Bank Ltd, today announced that it has received the final regulatory approval from the Securities & Exchange Board of India (SEBI) to launch its mutual fund business in the country.

Benefits of Dividend Option over Growth in Mutual Funds

Benefits of Dividend Option over Growth in Mutual Funds

Sunday, August 2, 2009 14:08

Mutual fund investments have usually two options: dividend and growth. The amount invested by you in mutual funds are used to buy stocks, bonds or other investments.

RBI ensures secured online credit card transactions

RBI ensures secured online credit card transactions

Tuesday, July 14, 2009 20:35

After 1st Aug-2009, you need not think twice before letting your credit card out of sight at a restaurant, petrol pump or any other merchant establishment. The details printed on your card including the card number, expiry date and three-digit card ...

Why NPS is a Flop ?

Why NPS is a Flop ?

Wednesday, July 8, 2009 8:28

Budget 2009-10 proposed to exempt the income of the New Pension Scheme (NPS) Trust from income tax and dividend distribution tax.