Those who know about Bitcoin a little bit would already know about the concept of Halving. And with the next Halving event expected around May 2024, it might be interesting to see how historical halving events have panned out. Please…
Read More Bitcoin Halving Event in 2024 – What History tells about Previous Halving Events?
As an Indian parent, one of the most important goals is to secure your child’s future. And at times, people end up compromising retirement savings to fund children’s education. In view of the importance that people give to children’s future,…
Read More Why Sukanya Samriddhi May not be enough for your Daughter’s future?
LIC has launched a new term life insurance plan in 2023 – The name of the new policy is LIC Jeevan Kiran (Plan No. 870). It’s a simple a non-linked, non-participating, term life insurance policy but with added benefit that…
Read More LIC Jeevan Kiran (No. 870) Return-Of-Premium Term Plan Review (2023)?
Indian markets are hitting a new all-time high. At the time of writing this post, Nifty 50 was at 19,979 and Sensex was at 67,571 (on 20-July-2023). And those who had the cash and courage to invest in times of…
Read More Nifty at 20K | Sensex at 67K | How to Invest at New All-Time Highs?
This is the PPF Interest Rate Chart or the PPF Heat Map for interest rates of PPF account in last 20+ years and updated till September 2023: You can check the full history of PPF interest rates as well. Or…
Read More PPF Interest Rate Chart (2003 to Sep-2023 Heat Map)
In addition to the commonly discussed life insurance and health insurance, there are several other types of insurances that people need to be aware of. In general, an insurance is a contract between an individual (the insured) and an insurance…
There have been no changes in the major small savings scheme for the quarter of July-September 2023. PPF interest rates - No Change (remains at 7.1%) - Possible reason like last quarter- Why PPF rates not increased? Sukanya Samriddhi Yojana…
Read More PPF 7.1% | Sukanya 8.0% | SCSS 8.2% | NSC 7.7% | No Changes for Jul-Sep 2023
LIC has recently launched a new single premium guaranteed endowment policy named LIC Dhan Vriddhi (Table No. 869). The policy offers dual benefits of investment as well as life insurance coverage throughout the policy’s term for a single premium. The…
Read More LIC Dhan Vriddhi (No. 869) | Review of LIC’s New Guaranteed Single Premium Plan (2023)
Recently, I met a distant relative of the same age as mine, in a family function. We caught up after several years so we discussed about our career/professional journeys. When he knew I was an investment advisor and invest in…
A few months back, I had written that the removal indexation benefit in debt fund meant that investors would start looking for alternatives. And it was only a matter of time before AMCs found a way around this new development…
Read More Don’t Rush to New Multi-Asset Allocation Funds to avoid Increased Debt Fund Taxation
Recently, a home loan lender in India came up with a new offering that allows borrowers to opt for home loan tenor of 40 years! Yes you read that right. 40 years or 4 long decades. Generally, lenders limit the…
The EPFO has released a circular in June 2023, which finally announces the new formula for computing pension on higher salary, instead of the existing statutory limits. That is, now we know what will EPFO use as pension calculation method…
Read More EPFO’s New Formula for Calculating Higher Pension on Actual Salary (Circular June 2023)
A cousin aged 30, recently got married. He and I discuss finances frequently and hence, he asked me one day – My wife and I want to travel and take international vacations every 2-3 years starting from 2023. But since…
Read More How to Plan for International Vacations Every 2-3 years without Guilt (2023)?
Are the good days of high FD rates about to come to an end? The FD depositors have had a good time over the last one year. With the RBI having hiked repo rates by a total of 2.5% in…
Read More Start Booking FDs at High Interest Rates Before They Start Falling Again
For those Indians who spend money abroad, the Budget 2023 had something in store. The government announced significant modifications in LRS rules and more importantly, that 20% TCS will be applicable on all Foreign Remittances from 1st July 2023. Let’s…
Read More Is 20% TCS Rule (of LRS) applicable on Credit Card Spends Abroad from 1st July 2023?
