LIC’s single Premium Pension plan ‘ LIC Jeevan Shanti’ (Plan No. 850) is currently one of the popular Pension plans. It offers the guaranteed pension to the policyholder, with options like an immediate pension or deferred pension. However, LIC is soon planning to stop offering the ‘immediate pension’ option under ‘Jeevan Shanti’ plan. LIC is […]
Reviews
My list of Top Fee-only Financial Planners in India (Part-4) | Based on my interactions & observations
Financial Planning is a very noble profession. I rate financial planning profession on par with other sacred professions like medicine and teaching. The main responsibilities of a financial planner are to improve his/her clients’ financial health and also to wipe out financial illiteracy. Hence, I always believed that a financial planners’ work is as noble as doctors or teachers. So, finding a competent […]
Corona Kavach & Corona Rakshak Health Insurance Plans | Details & Review
In view of the global pandemic Covid 19, the IRDA had earlier mandated all Insurance companies to come up with a Covid Standard Health Insurance Policy. As per the IRDA directives – Life, non-life and standalone health insurers are going to offer short term health insurance policies, especially dedicated to covering the treatment cost of […]
RBI Floating Rate Savings Bonds 2020 : Features & Review
The interest rates on Bank fixed deposits have been on the downward slope and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues (Primary market) are not available now. This is inducing many small investors to look out for better fixed income products which can give decent fixed rate of return. For […]
Latest BDA Plots E-auction 2020-21 | Details & Online Procedure
The Bengaluru Development Authority (BDA) has re-commenced auctioning its corner sites in various layouts. This comes two months after the Karnataka State Chief Minister B.S. Yediyurappa announced that around 12,000 BDA sites will be auctioned in a phased manner. Since 2011-12, the BDA has been aggressively offering the plots for sale through e-auction. These are […]
NPS Income Tax Benefits FY 2020-21 | Under Old & New Tax Regimes
Effective from FY 2020-21, an individual tax assessee will have an option to go for new Tax Slab Rates by forgoing the existing Income Tax Deductions and Exemptions, like HRA, Section 80C, Home loan tax benefits etc., So, to avail the below new tax regime, which is optional, taxpayers will have to let go of […]
