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My friend’s mother-in-law is a widow; she is 75 years old. She sold one of her properties and put Rs. 67 Lakhs in Bank Fixed Deposit in Sr. Citizen Account, she used to run her expenses with the interest. A share sub-broker wrongly advised her to invest in shares; she was told that she can […]
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Retirement Planning – is it relevant in India? What could be more important than the decision you make to invest your money for retirement? As you will be aware after going through the article that building a retirement corpus is not easy and it takes years of savings to build the retirement blocks. So for […]
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We have come across a number of cases where accumulated Provident (PF) Balance is not in good shape. While there could be many reasons but mostly the problem comes while transferring the PF. It often takes inordinate amount of time and in many cases the transfer just does not happen. The Employee Provident Fund Organization […]
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It’s Rahul’s 10th birthday and he is all excited about gifts he is going to get , specially the Blackberry Curve his father has promised followed by a lavish dinner at a five star hotel!! Prasad wants to go abroad for higher studies but his family cannot bear the expenses. Prasad has always compromised his […]
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Mr. Rajesh Iyer(45), a businessman proudly proclaims that his investments for retirement comprises of 25 traditional insurance policies each maturing every year from his age of 61 till 85 years, thereby providing his sufficient income for his retirement. Mrs. Shweta Rao(36), a school teacher has invested Rs 3 lakh in a 8 year fixed deposit […]
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