Sovereign Gold Bonds Series I (FY 2020-21) is available for subscription from April 20, 2020. The price per bond is Rs 4,639 (4,589 if bought through digital mode). You can invest if you anyway wanted to invest in Gold for 6-8 years. Continue reading →
Tax Saving Fixed Deposits one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit. Why you Should Invest? Convenient to invest. ICICI Bank, SBI, HDFC Bank, etc offers online facility for Tax […] Continue reading →
The post lists down the rate of interest on Bank fixed deposits as of February 8, 2020. You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making. Fixed Deposit Highlights Most big banks like SBI have lowered their FD rates. Most banks […] Continue reading →
RBI on September 2015 had granted licence to 10 Small Finance Banks. Lately these banks have been in news for offering higher interest rates on their fixed deposits as compared to regular banks. In this post we would tell you whats on offer by small banks and if you should invest and bank with them! […] Continue reading →
Download the excel based NSC calculator to know the maturity amount and interest eligible for tax exemption every year. Continue reading →
Sovereign Gold Bonds Series IIIV (FY 2019-20) is available for subscription from February 3-7, 2020. The price per bond is Rs 4,070 (4,020 if bought through digital mode). You can invest if you anyway wanted to invest in Gold for 6-8 years. Continue reading →
You might have received Whatsapp forward or read somewhere on social media about a new proposed Financial Resolution and Deposit Insurance Bill (FRDI) which has a “Bail-in” clause where in case of bank failure, depositors money like fixed deposits, savings bank account, etc can be used to absorb bank losses. This is just a proposed bill […] Continue reading →
With popularity of Mutual Funds you must have heard “Mutual fund investments are subject to market risks. Please read the offer document carefully before investing“. But are only mutual fund investments have risk and other investments are risk-free? In fact you might not realize but what you consider as “Safest” also carries some risk. This post tells you […] Continue reading →
There can be several situations when we look for regular income. This is especially true for people after retirement without any pension. Also there would be new entrepreneurs who need regular income until their start-up stabilizes. We tell you 13 investments which can generate regular income for you along with their pros and cons. 1. Bank Fixed […] Continue reading →