A life insurance policy provides millennials an opportunity to ensure that family members don't have to worry if anything fatal were to happen to the insured people
Employees' Provident Fund (EPF) is a mandatory contribution from the salary of an individual that every organization with more than 20 employees has to deduct.
Index Funds are based on an underlying index such as BSE Sensex and NSE Nifty, and these funds simply mirror the performance of the index concerned
Paying credit card bill on time improves credit profile with the bank, leading to increased benefits from the credit card provider
The government has a range of investment vehicles for people who prefer to put aside small amounts over a period of time
Financial Planning: A solid investment strategy equips you to tackle future scenarios, demands and uncertainties more easily and confidently
The application is evaluated on several parameters; so, its wise to take action today to increase your chances of getting a loan tomorrow
A majority of millennials are opting for health insurance to protect themselves, their family and finances, after the coronavirus pandemic
With crores of people being furloughed, incomes have taken a huge hit. Even the lives of those who haven't lost their jobs have changed completely, with work-from-home becoming the norm for many.
Individuals whose provident fund contribution is Rs 2.5 lakh or more in a financial year, will not be able to seek tax exemption on the interest earned from the next financial year
Income tax benefits are available on Time Deposit (TD), Senior Citizen Savings Scheme (SCSS), Public Provident Fund (PPF) and National Savings Certificates (NSCs).
In her budget 2021 announcements, the finance minister had proposed that interest earned on employee's contribution above Rs 2.5 lakh in a year will become taxable in the hands of the employee
EPFO received good returns from the sale of ETFs and is in now in a position to transfer the entire tranche of interest payments to subscribers in one go.