The Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accident insurance scheme introduced by Government of India in May 2015. PMSBY is meant for lower income group of the society. However, PMSBY can benefits each and every one. Let us learn how it can benefit you. “Nothing is more important than your life and your … Read more
“Buying insurance cannot change your life, but it prevents your lifestyle from being changed.” – Jack Ma We all have heard about it, but hardly pondered over it. On many occasion it is considered as an expense. But around 16 lakh families have been benefited with insurance claim settlement in 2022. Equal number of families … Read more
As per study only 30% population have life insurance in India. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) is one of the most ambitious life insurance scheme backed by Central Government to increase the coverage level. PMJJBY intend to given life insurance cover to all citizens of the country, especially rural India. PMJJBY is affordable, … Read more
There are multiple National Pension scheme or NPS withdrawal options. All the NPS withdrawal options are subject to certain conditions. The category wise NPS withdrawal options are discussed below. Categories of NPS withdrawal options Category Government Employee Non-Government Employee 1) Premature or on voluntary retirement. This option is triggered when an investor decide to withdraw … Read more
Startup business loans are essential for any new business venture. Startup business loans are available in market. However the process to avail startup business loans varies from one lender to another. In this post I am providing a complete guide on startup business loans. What is a startup? A startup is an entity that is … Read more
Senior Citizen Savings Scheme is one of the scheme under National Saving Institute of Government of India. Senior Citizen Savings Scheme mobilise savings through post office and designated banks branches. Recently, certain changes have been made in Senior Citizen Savings Scheme. We will discuss in this post the Senior Citizen Savings Scheme with latest updates. … Read more
Commodity trading in India is a term associated with investment. Commodity trading in India is lucrative though the investor base is small. Commodity trading in India can provide good return if it is carried out with prudence. In this post, we will discuss the concept of commodity trading in India, its benefits and strategizes. The … Read more
There are many tax saving mutual funds. All are not equally performing well. The best tax saving mutual funds are those which are giving good returns over a long period of time. In this post, we will discuss the best tax saving mutual funds you can choose to invest. What is tax saving mutual funds … Read more
Introduction Employee Pension Scheme is a social security scheme and it impacts large section of employees in India. Employee Pension Scheme is part of Employee Provident Fund (EPF) in India. Recently Employee Pension Scheme is in news because of changes government has brought in this scheme. These changes may impact personal finance of lakhs of … Read more
Leave encashment refers to paying money against unused leaves. Leave encashment is a benefit given to an employee by its employer. Leave encashment can be availed during service period and at the time of retirement. It is important to know about leave encashment for better leave planning. It also helps in taking time off from … Read more