It is surprising that how a simple question like – “Are you satisfied with your take-away salary?” can make 70% of the people answer in a resounding ‘NO’. They believe that even after working with a lot of dedication and perseverance, the pay they receive is demotivating. If you are one of those .......Continue Reading.....
Here’s how much Money you should have Saved at every age..!
Here is one of my favorite Chinese Proverbs that can be very inspiring for Investors -“The best time to plant a tree was 20 years ago. The second-best time is now.”Start investing as much early as you can and you will enjoy the real magic of -Power of compounding.The greatest advantage that .......Continue Reading.....
Shriram Transport Finance NCDs June 2018 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products .......Continue Reading.....
Can a Mortgaged property be Gifted, Willed or Inherited?
Real Estate Property is one of the most sort-after investment options in India. The growth in disposable income, demographic changes such as the growing number of nuclear families, a rise in double income earning families, higher income levels within the urban population, the access and availability .......Continue Reading.....
3 ways to check Mutual Fund Scheme change list | How to get a consolidated view of MF Schemes list post SEBI reclassification?
All these years, SEBI/AMFI has been allowing multiple funds under same fund categories from same AMCs, in order to bring the desired uniformity across mutual funds and to standardize the various MF scheme categories, the SEBI through Mutual Fund Advisory Committee has issued new guidelines on ‘new .......Continue Reading.....
6 Best Business Travel Credit cards for Indian Corporates
Traveling to different parts of India and abroad does not really come free of cost especially if situation entails frequent movement from place to place. The statement above actually refers to the tours usually associated with certain business development/marketing jobs. Travel credit cards can be .......Continue Reading.....
Its Fantastic Four! Celebrating my Fourth Blogging Anniversary | Thank you, One & All
Happy 4th Blog Anniversary! Today I am celebrating the launch of ReLakhs.com like I do every year in June. Each blog anniversary is a huge milestone for me and the 4th birthday is no exception.I always have this strange perception/feeling that something is going to happen in June. The major .......Continue Reading.....
What happens to EPS on Transfer of EPF account (or) when you switch Jobs?
If you are a salaried individual and contribute to EPF scheme then you must be aware of the fact that that every month 12% of your “salary” is contributed towards EPF account. Your total monthly contribution is routed towards Employees’ Provident Fund.Your employer also contributes 12% of the .......Continue Reading.....
About ReLakhs
ReLakhs.com is a blog on personal finances. The main aim is to present the information on financial products in a simple,unbiased and easy to understand manner .This blog covers wide array of personal finance topics like insurance,home loans,banking services,mutual funds,tax planning,stock .......Continue Reading.....
