Central Government in its latest revision of small savings scheme rates has cut interest rate by 20 basis points for the January-March 2018 period. However, the interest rate in the five-year Senior Citizens Savings Scheme has been retained at 8.3 per cent. Interest on post office savings deposits has also
Basics
Mr. Sachet Parida, Mumbai shared his “Comprehensive Financial Plan” journey with us. He has done his ‘Comprehensive Financial Plan’ (60-70 Pages Written Financial Plan) on 16th May 2012. Already 5 years passed………..miles to go……………… Our disciplined and repeatable process enables us to provide our clients with a high quality comprehensive financial
Interest earned above a certain limit attracts tax deduction on interest income, but many individuals are not sure how tax is treated or how their interest income is getting charged under tax. Fixed deposits, savings account, post office schemes, corporate bonds, corporate fixed deposits, recurring deposits earn income interest, which
‘Sukanya Samriddhi Yojana’ (Girl Child Prosperity Scheme) Sukanya Samriddhi Yojana (SSY) is a small deposit scheme for the girl child launched as a part of the ‘Beti Bachao Beti Padhao’ campaign and Launched on 22nd January 2015. It is currently (2017-18) fetching an interest rate of 8.1 per cent and
Indian equity market delivered good return in last 38 years. As on 12th October 2017, Sensex closed at 32,182 points. BSE completed 38 years since 1979-80 (base year). But what is the return per year? Does the SENSEX really give good return per year, in the long-term? Why 1979-80? That
There are total 42 mutual fund companies (Asset Management Companies -AMC) in India as per AMFI (Association of Mutual Funds in India) website at the end of September 2017. To know about schemes, there are more than 2000 primary mutual fund schemes in India. There are lots of choices for
7 Pieces of Investment Advice From Warren Buffett Imagine if you could sit and have a cup of coffee with one of the world’s richest men. What if that rich man built his wealth the same way you are building yours – through investing? What if that man were Warren
A financial planner is a professional who helps you organize your finances, projects the results of your savings and investments so you can see how well prepared you are for retirement, children higher education, buying your dream home, foreign vacation, buying car and helps you make decisions with your
Financial Planners advise clients on how best to save, invest, and grow their money. They can help you tackle a specific financial goal—such as readying yourself to buy a house, making a strategy for retirement year or give you a macro view of your money and the interplay of
“It is good this happened now although it should have happened sooner.” I used to interact with many people across different sections of society who comes to us for personal financial advice. It’s a question that remains dominant in the interaction. Reached 40, but not planned for retirement. What
Subscribe
Dharitri Odia Daily “Artha ra Artha”
