What is ELSS- Equity Linked Saving Scheme? An Equity Linked Savings Scheme (ELSS) is an open-ended Equity Mutual Fund that doesn't just help you save tax, but also gives you an opportunity to grow your money. It qualifies for tax exemptions under section (u/s) 80C of...

What is NATIONAL PENSION SCHEME: NPS? The National Pension Scheme is a social security initiative by the Central Government. This pension program is open to employees from the public, private and even the unorganized sectors with the exception of those from the armed forces. NPS scheme holds immense...

Secured Loan Term Loans: In India, term loans are one of the mature and popular forms of SME loan. Some lending institutions provide long-term business loans for acquisition of fixed assets like land, building, plant and machinery.   Cash Credit Facility, Over Draft and Working Capital: Many lending...

Hi all, This time I would like to talk on the scheme which the government initiated. "Beti Bachao, Beti Padhao" is one of the important initiatives of the government. How Parents should be responsible and girl child can become independent is something unique which the government...

Statistics: Total No. of IFA’s till August 2018: 1.16 lacs Total No. of Insurance Agent: 11.48 lacs Today, inclusion is key in every other aspect of life, and the sooner we recognize the value women add to our understanding of the economy, the better we will be, at...

In India considering the total Women Population of 70cr, 20cr women lives in Urban area and 50cr women lives in rural area. Working women in urban area is 9cr.  However it is alarming that only 2cr of women are financially literate. The Importance of Financial Literacy...

When we can hold PPF for 15 years , why can't we stay invested in ELSS for 15 years ( even after 3 years ) and take the benefit of long-term equity investment, from the growth of the economy, keep the ELSS fund for long...

Happy New Year!! It’s a new year and a great time to set some financial goals. You may want to start with a large goal like buying a house or retiring early and then think how reach to that larger goal. Set up a support...

Generation “Y” executives meet their professional goals faster and achieve their financial milestones sooner, from houses to cars, everything is coming much earlier. Rising income, smaller families, aspirational lifestyles and better health facilities have changed the definition of retirement in India. It's not surprising that they...

Many of us would want an early retirement with a nice house, fancy car and other luxuries. But most of us who have decent salaries believe in living for the day. Planning for an early retirement requires discipline in saving & investment, self study and...

The Universal Declaration of Human Rights “Recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world” As people approach the end of their lives, they and...