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. Term Insurance plans are typically focused .......Continue Reading.....
What is Streedhan? – Meaning & Constituents | How can Women protect it?
The Hindu Law has certain concepts like HUF (Hindu Undivided Family), Karta, Succession rules, Streedhan etc., These were created for smooth functioning of the Household and aimed at protecting the interest of different members of the family. The concept of Streedhan refers to the right of .......Continue Reading.....
15 Q&As on Fixed Deposit Interest Income Taxation Rules (FY 2019-20)
Fixed Deposits and Recurring Deposits are the most popular financial saving tools in India. It is not an exaggeration to say that most of us might have started the investment plan with an investment in Post office RD or bank Fixed Deposit (FD). The below table gives you an idea about the .......Continue Reading.....
Enhanced Health Insurance Benefits – IRDA’s latest Guidelines
The IRDAI has recently issued a circular related to the health insurance products. This circular can be a great news for existing health insurance policyholders and future buyers, and may significantly enhance the benefits provided under a Health Insurance plan. When it comes to health .......Continue Reading.....
LIC New Plans 2019-2020 | Features, Snapshot & Review of all the Plans
LIC has launched 4 new plans in the calendar year 2019 (till date). In this post I have tried to list down the important features, details and my recommendations on all LIC New Plans that are launched in 2019-20. From January 2018 to till-date (Nov 2019), LIC has launched two Endowment Insurance .......Continue Reading.....
How to buy Gold at lesser price than the prevailing Market Price?
“The desire for gold is the most universal and deeply rooted commercial instinct of the human race.” – Gerald M. Loeb. Besides commercial value, traditionally we (Indians) like to buy and hold the investments in Gold. We now have different ways to buy and invest in Gold namely ; Jewelry, Gold .......Continue Reading.....
My List of popular Fee-only Financial Planners in India (Part-3) | Based on my interactions & observations
In my constant endeavor to provide right investment advice to our blog readers, I make sure that whatever information provided here is UNBIASED. I am proud to say that ReLakhs.com is one of the very few personal finance blogs in India that has nothing to SELL. We do not have any product or .......Continue Reading.....
Top 5 Best Online Term Life Insurance Plans 2020 | Comparison & FAQs
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.....
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.....