LIC Jeevan Akshay VII (No. 857) | Review + Benefits | Should you Buy (2024)?

LIC Jeevan Akshay VII (Plan 857) is an immediate annuity plan by LIC that provides annuity starting immediately to the policyholder on payment of a one-time lumpsum amount. If you want to know more about this LIC Jeevan Akshay VII…

How More Direct Plans Outperform Benchmarks than Regular Plans: SEBI Consultation Paper (2023)

Recently, SEBI came out with a consultation paper reviewing the Total Expense Ratio charged by AMCs and the need to rationalize them. You can check the detailed paper here on SEBI website. But there was one interesting insight in the…

RBI Withdraws Rs 2000 Note | Remains Legal Tender | Where to Exchange/Deposit till 30th September 2023?

RBI has announced (on 19th May 2023) that the Rs 2000 currency notes in India are being withdrawn from circulation. This announcement has been made via a notification (link) and is not like the 2016 demonetization announcement made by the…

Should I Choose EPFO’s higher EPS Pension offer & contribute Lumpsum from EPF in 2023?

Should You Choose higher EPS Pension offer by EPFO & contribute a lumpsum from EPF in 2023? The EPFO subscribers have been in a dilemma about this over the last few months. And rightly so. The impact of the decision…