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Sunday, April 27, 2014

What is Universal Account Number / Permanent PF Account Number

Get ready employees. Your Universal Account Number will soon be holding your maximum wealth after October 2014...read on..

Sunday, April 20, 2014

Withdrawal and Loans from your PPF Account

Public Provident Fund (PPF) is a great wealth building tool for risk-averse investors and should be opened and continued till maturity by one and all. But, can you withdraw from PPF? If yes, when and how much? Can you take a temporary loan? Let us understand.

Monday, April 14, 2014

Stuck with a wrong life insurance policy? Options for you..

It is not uncommon to get into buying a life insurance policy which we should never have bought. In India, because of the lack of financial education at an early age, we tend to mix insurance with investments. We all have done that mistake at some point of our financial decision making. But, having bought the policy and paid a few premiums, what are the possible options with us? Should we let the policy lapse? Should we surrender? Read on..

Saturday, April 5, 2014

Tax on Savings Account interest Sec 80TTA

Savings Bank Account is the most common account for individuals. When you have money in bank savings account, your money earns interest. What about taxes on this earned interest income? 

Thursday, April 3, 2014

Meet another freedom seeker : Mr. Mukesh Chopra

Last time, we met a General Manager - Plant Operations from Himachal Pradesh, India : Mr. Rishi Diwan who is on the journey towards financial freedom now. The response to that post was overwhelming. You can read more about his journey and experience till now by clicking here.

In continuation with our effort to interlock you with some common men and women who have been seeking financial freedom, today, it is a chance to meet Mr. Mukesh Chopra, an Advisory IT Project Manager from Gurgaon, India.

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