Indian investors gives more preference to LIC or ULIP insurance plans. They think it is safe and government handles their money. But it is not efficient way of securing your family expenses and risk cover. There is better alternative to LIC insurance plan or ULIP linked insurance plans. Smart alternative is Term insurance and Mutual funds. Plan your risk cover ...
Term insurance are typically lowest premium insurance plans that provide full protection and financial stability to your family in case of any unforeseen events. A term insurance plan is the simplest form of financial protection that can help your family meet its financial needs in your absence. In case of death of the insured individual during the policy term, insured ...
In 2018 budget, indian finance minister announced Long Term Capital Gain(LTCG) Tax. It is not new to indian market, it was there till 2004 and reintroduced again in 2018. Let us discuss first what is LTCG Tax. LTCG tax is tax on profit we earn from stock market or mutual funds. The investment is more than 1 year, the earning ...