If death is certain, can insurance be optional? If life is unpredictable, insurance can’t be optional. As an earning member of a family, having adequate life insurance cover is a must. That's the basic building block of Financial Planning Pyramid. Most of us may have a perception that buying a .......Continue Reading.....
India Post New Mobile App | PPF & Post-office deposits can now be made Online!
Department of Posts has recently launched a new India Post Mobile Banking app. Through this mobile App, post office customers can make deposits into their PPF accounts (Public Provident Fund) and other Small Saving Time Deposit Accounts online. Post office account holders can also transfer .......Continue Reading.....
Liquid Mutual Funds New Exit Load Structure w.e.f Oct 2019
The Securities and Exchange Board of India (SEBI) has formalized a graded exit load structure on Liquid Mutual Funds. It has also stated that the load structure will be reviewed annually by AMFI, in consultation with SEBI. As of now, exit load is not applicable on Liquid mutual fund .......Continue Reading.....
PAN Card Lost or Damaged? | How to get new PAN Card online?
PAN card or Permanent Account Number is one of the most crucial and important documents for the citizen of India. It is not only used for tax purposes but also as an identity proof. The card includes a unique ten-digit .......Continue Reading.....
My Latest Stock Portfolio | Direct Equity Investments (Shares)
It's been exactly 15 years since I have been tracking the Indian Stock Markets. My first investment in stock markets was in Ashok Leyland scrip in 2004. I remained invested in this stock for just 3 days only. I would have monitored the price of this stock for atleast 100 times over .......Continue Reading.....
Top 5 Best ELSS Mutual Funds 2020 | Tax Saving Equity Mutual Fund Schemes
For salaried employees, the deadline to submit the provisional tax saving investment proofs is fast approaching. Most of the employers collect the documents in the month of January. During this period investors/employees who have not commenced their tax planning generally rush to buy life .......Continue Reading.....
Post Office Small Saving Schemes Interest rates Oct – Dec 2019 | Q3 of FY 2019-20
The Reserve Bank of India (RBI) has recently released its third bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 35 basis points(1 bps is 0.01%). This is the fourth consecutive rate cut from RBI , after a rate cut in February, April and June .......Continue Reading.....
EPF Withdrawal Claim Form 15G – How to submit Form 15G online to avoid TDS on PF Payment?
In 2015, the EPFO had issued a notification that TDS would be applicable on EPF full withdrawal Claims where accumulation (balance) is more than Rs 30,000 and the EPF member (Employee) has worked for less than Five years. The TDS threshold limit has later been .......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.....