Tag: Active, Appreciating Assets, Depreciating Assets, Diversify, Emergency Fund, Financial Knowledge, Health, Income Streams, Investing, Passive, Reading, Retirement Planning, Saving
Wealth Building Strategies
Diversify Your Income: The average millionaire has 7 streams of income. “Don’t put all your eggs in one basket.”Start...
EPFO reduces interest rate
Retirement fund body Employees Provident Fund Organisation lowered the interest rate on deposits to 8.50 per cent for the current financial...
EPFO hikes interest rate on PF
Retirement fund body EPFO has announced an interest rate of 8.65 per cent on PF deposits for 2018-19. The rate of interest was 8.55...
ICICI Pru MF, Aditya Birla Sunlife MF Launch Retirement Funds
ICICI Prudential Mutual Fund and Aditya Birla Sunlife MF have launched retirement schemes. These funds will compete with existing...
NPS goes EEE
The government granted NPS exempt, exempt and exempt or EEE status, which means that like PPF (public provident fund) or EPF...
NPS tweaks
Pension regulator PFRDA has increased the cap on equity investment in active choice by private sector subscribers of the National Pension...
Section 80D, 80CCD explained
Section 80D: Deduction for premium paid for Medical Insurance Deduction is available up to Rs. 25,000 to a taxpayer for insurance of self,...
ETF units for PF subscribers
Over five crore provident fund subscribers will soon be able to track and redeem at market price the portion of their PF money invested in...
The ITAT order on EPF interest
Tax laws provide that interest credited to an Employee Provident Fund account after an individual ceases to be in employment is taxable in...
Financial Planning: Thumb Rules
1. 30 % of your income must be used for monthly living expenses. 2. 30% of your income must be used for Liabilities...
