If you are reading this, I guess you have netbanking activated for your savings/current account.
If you don’t, then please activate it. It will take 10 mins of your time to understand the process for your bank and another 30 mins to do the formalities (form filling, etc). Here are the &lsqu...
The government has announced that infrastructure bonds issued by:
- Life Insurance Corporation of India (LIC)
- Infrastructure Development Finance Company (IDFC)
- Industrial Finance Corporation of India (IFCI)
- Non-banking infrastructure finance companies, approved by the RBI would qualify for...
To kick off the investment series, here is my first pick – Equity Linked Saving Schemes
What is it?
Equity Linked Savings Schemes or ELSS are equity diversified mutual funds that carry a tax advantage. You can claim upto Rs 1 lakh by investing in these funds.
Why ELSS?
...
In my last post I pointed out what was wrong with my friend's attitude towards her hard earned money.
So I got thinking….why not put out, on a public forum… the way I handle my money or atleast try to. But why would I do that? Well, sometimes when you spell out your plans; the clarit...
All of us love money right? Nothing wrong with that. We dream, we sweat, we toil and work our ... well, let's just say everything off, to have enough.
Then why the CARELESS treatment of it, once we get it? Most of us out there have no clue about how to make money work for us. And it pains...
Crisp white pages…..brand new brown paper covers…no highlighted paragraphs…no dog-eared pages……AAH!!! The beauty of a new school year.
As a kid the highlight of any academic year for me, would be the first few months. No matter how badly you had performed in your ...
Respected Mr. Pranab Mukherjee,
Before I express my views on your budget, please do read the following note:
I belong to the 'globalized capitalist' generation, which roughly translates into ' have money to spend and things to spend on. I am used to my disposable income & anything you do to re...
How many times have we been warned that those who forget history are condemned to repeat it?
But somehow mutual fund investors have ignored this warning, going by the increased collections reported by new fund offers (NFOs) in the last few months. In Oct 09, mutual fund houses collected Rs 6,270 ...
