We discussed the importance of term insurance in the previous post. But time to discuss on how to select term insurance, sum assured and add-on with the term insurance. Selecting the Right Term Insurance for Your Family is important in personal finance planning. 1). Decide on sum assured: Term insurance for your family and your kid’s education. So select sum ...
In recent post, discussed on reverting the LTCG tax on long term investments. This post we will discuss an expected announcement of reverting LTCG tax on mutual funds investment which would make “Mutual funds investors happy:)” . In Budget 2018, with the withdrawal of Sec 10(38), there is a proposal of a parallel introduction of Section 112A to tax LTCG ...
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 insurance plans or ULIP linked insurance plans. Smart alternative is Term insurance + Tax saving Mutual funds. Plan your risk ...
Wikipedia says “inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium ...