Insurance & Pension Products have been most miss-sold financial product in last few years. Most buyers are lured into it in the name of good returns, added life insurance along with tax savings. After a few months/years the policy holder realizes that he has been sold a dud product and the only way to get […]
How are ULIP & Life Insurance Policies Taxed on Surrender & Maturity? Read More »
Kisan Vikas Patra (KVP) is a deposit scheme by Government of India and available in all the post offices & major banks across country. It doubles the money on maturity
Kisan Vikas Patra 2020 – Eligibility, Features, Interest Rates & Maturity Read More »
Fixed deposit with banks are the most popular investment option for regular income after retirement. But with interest rates going down retirees have started exploring other options. Systematic Withdrawal Plan (SWP) in debt fund is one such option which retirees and people looking for regular income must evaluate. As per your SWP instructions to mutual fund,
How SWP in Debt Mutual Funds is better than Fixed Deposit for Regular Income? Read More »
The long-term capital gains from property can be huge especially if the asset was held for really long term. These gains are taxed at 20% + cess (effectively 20.8% from FY 2018-19) which can cause a major dent in the amount received on sale. So if we have an option to save, we must save
How to Save Long Term Capital Gains Tax from Property? Read More »
NPS is good tactical investment for senior citizens only if you are investing to save tax u/s 80CCD(1B). Also you are in highest tax bracket right now and think that while withdrawing the NPS maturity amount you would be in lower tax bracket – which often happens after retirement.
