Now EPF Subscribers can submit their life certificates throughout the year!

EPF(Employee Provident Fund)subscribers tend to get pension after their retirement. This pension will end throughout their life subject to submission of “Life Certificate” every year. This submission of life certificate is “Mandatory” to receive pension. Previously pensioners have to submit their life certificates mandatory in “November” every year. But keeping in view the pensioners difficulties,Continue reading “Now EPF Subscribers can submit their life certificates throughout the year!”

If You Develop These 5 Good Financial Habits; Nothing Could Stop You From Being Rich !

Everyone wants to be rich, but due to financial commitments and rising inflation it would not be possible for all. While some people goes into depression that they will never become rich by this high inflation in India! Yes there is high inflation in India, no doubt about that! But have you ever think whyContinue reading “If You Develop These 5 Good Financial Habits; Nothing Could Stop You From Being Rich !”

Big Shock To EPFO Subscribers! PF Interest Rates Have Been Slashed To Lowest Of The Decade !

Generally employees contributes 12% of their basic pay to employees provident fund organisation (EPFO)in addition to the employers(recruiter)contribution. That EPF contribution would be utilised by withdrawing lumpsum amount at retirement. But the recent amendment by CBDT(Central Board of Direct Taxes) makes epfo subscribes worrisome. CBDT has approved a draft to slash epf interest rate toContinue reading “Big Shock To EPFO Subscribers! PF Interest Rates Have Been Slashed To Lowest Of The Decade !”

Good News For Senior Citizens! SBI We-Care Deposit Term Has Been Extended

As senior citizens gets lumpsum amount during retirement and they won’t get regular income(except pension)thereafter, generally senior citizens rely on fixed deposits as they can’t take risk with their hard-earned money. But the recent interest rates fall in bank fixed deposits makes them worrisome. At that time India’s leading public sector bank SBI has comeContinue reading “Good News For Senior Citizens! SBI We-Care Deposit Term Has Been Extended”

Are You Saving in The Right Way?

Life is unpredictable, who knows what will happen in the next minute? Even though you can’t control inflation in our country, the one thing you can do is -“Savings”. It is in our hands to make savings to survive in this highly inflationary country. Even though our “savings” won’t suffice to meet long-term goals, DevelopingContinue reading “Are You Saving in The Right Way?”

Do Inflation-Proof Investments

You might be doing investments to achieve your goals, but have you consider the silent killer “Inflation” in mind?. Inflation eats the purchasing power of your money and so you can’t achieve your goals in future. Isn’t there any solution to these?-Yes there is! If you plan your investments inflation proof(Assuming future value)you can achieveContinue reading “Do Inflation-Proof Investments”

Good Financial Habits To Be Developed in Your Early 20’s

Are you in 20’s and waiting for 1st Pay Check? Though it is a natural tendency to enjoy the “Live in the Moment”concept it is the best time to plan for your golden years(Retirement)especially if you are in 20’s Many people realise the need of retirement in early 40-50’s, but they don’t recognise they areContinue reading “Good Financial Habits To Be Developed in Your Early 20’s”

Need Of Saving Money From Your Early 20’s

If you are in early 20’s and landed in your first job? Feeling excited to receive your first pay cheque? Planning to enjoy with your 1st salary? Hold on! Read the eye-opening habits to be developed in your early 20’s to lead a peaceful and secured life in future! Though you might be financially freeContinue reading “Need Of Saving Money From Your Early 20’s”

Managing Money is More Important Than Earning Money

There is a misconception that to be wealthy we should earn more! But in reality, managing money is more important than earning money! Looks strange! Read the full story Our Education system teaches us how to grab job opportunities and settle in life. But our Formal Education(what we learn from books)don’t teach how to manageContinue reading “Managing Money is More Important Than Earning Money”

Benefits of Taking Housing Loan

Having a own house is a dream to many people! But due to rising prices, they can’t afford to buy their dream home right now! In olden days, people save money and fulfill their dream house during their retirement, but the generation has changed! Today many people are preferring to take home loans instead ofContinue reading “Benefits of Taking Housing Loan”