LIC Jeevan Saral (Table No.165) Review

Jeevan saral(Table No.165) is a very simple and easy to understand Insurance Policy from LIC. It offer high coverage(upto 250 times of monthly premium) , liqidity and option to get additional cover in the form of riders.

This is an Endowment Assurance plan where the proposer has simply to choose the amount and mode of premium payment. The plan provides financial protection against death throughout the term of the plan.

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New ULIP Norms / Guidelines by IRDA effective September 1 2010

Insurance watchdog IRDA on Monday tightened the norms for ULIPs (Unit linked Insurance Products) after winning the battle with the markets regulator SEBI over control over ULIPs. Please find the brief summary of new guidelines which which has to be adhered by the Life Insurance Companies before September 1, 2010.

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New Income tax E-filing software from Income Tax Department include automatic calculation of tax and interest

With last date to file Income tax return is approaching nearby, i.e. 31st July, The Income Tax Department has modified the return preparation software to include automatic calculation of tax and interest and this is available for download free of cost.

New facility added in "My Account" allows registered E-filers to View the Tax Credit Statement (Form 26AS) to verify if the tax payments made by you or TDS deducted from salary or interest etc are correctly reported to the Department. This is crucial to ensure that you receive complete and accurate tax credit for tax payments and TDS reported by you in the I-T return. Please immediately contact the bank or deductor in case of any discrepancy or missing entries.

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Gold ETF's (Exchange Traded Fund) the best way to invest in gold

In this Article we would be discussing in detail about Gold ETF. As we all know that when we buy gold from a jeweller, there is no surity of the purity. When we buy Gold coins or bar through banks, we shell out around 15-20% higher price, however when we want to sell it back, bank will never purchase it . If you want to sell your coin or bar bought by the bank to the Jeweller, they will not give anything more than the market price.

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Reasons why Gold should be integral part of our Investment Portfolio

In this article we will be discussing why gold should not be missed as an investment. In next article we will be discussing about ways of investing in gold and particularly ETF's (Exchange Traded Funds)

Gold has a low or negative correlation with most other asset classes, which means that its price changes are independent of price changes in other asset classes like equities or debt. Gold's low correlation with other assets is a function of the unique drivers of demand and supply. Adding gold to the portfolio in small percentages can help reduce overall portfolio volatility.

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Complete information on New Pension Scheme (NPS) Tier 2 account

The NPS was launched on 1st May 2009 for all citizens on India. The offer document issued at the launch of NPS mentioned that under NPS two types of account would be available to the subscribers viz., Tier-I account-where you contribute your savings for retirement into a non-withdrawable account, and a Tier-II account –a voluntary savings account form which you are free to withdraw your savings whenever you wish.

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