This tool will help you estimate how much gratuity you will get when you retire. Gratuity is paid if you have worked in a company for more than 5 years.
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I want to invest some money with at least ten years view. I dont want share market risk. Can I invest in NSC? Is there any other investment option?A
NSC or National Savings Certificate is a safe investment scheme offered by the Central Government. It is an ideal option for investors with ...
Interest rates are going to go down. And all my fixed deposits will be maturing next year. I will have to renew my fixed deposits next year at lower rate of interest. What is the way out?A
Interest rates keep fluctuating due to various micro- and macro- economic factors. There is never an ideal rate of interest. In a high inter...
My CA says that I have to pay tax on interest accrued on my FD of Rs 20 lakh. I have submitted form 15H in all banks. Is it necessary to pay tax in this case?A
Any income arising to a minor is includible in the income of the parent whose income is higher. A deduction of Rs. 1,500/- is allowed in res...
I want to save on my utility bills and fuel expenses.Please suggest a good credit card for me.A
Yes, you will be able to save on Utility bills and fuel expenses through the cash back schemes offered by some of the credit card companies....
My wife and i plan to go for a joint home loan of Rs 42 lakh. What are the tax benefits to both of us?A
If both of you are contributing towards the repayment of the loan, then you can claim tax benefit on your individual names. Your CA will hel...
I want to save Rs 1 crore for my retirement when i turn 60. Now I am 42 years old and have fixed deposits worth Rs 18 lakh.What should I do to reach Rs 1 cr mark?A
To bridge the big gap, you have to consider investing in equity funds....
I want to buy online term life insuance plan. Which is the best one? Should I go for single premium or regular premium policy?A
If you are an earning person who is not sure about his future earning potential and income, then going for a single premium cover might make...
My home loan charges me a rate of interest of 11.5%. What should I do to reduce the heavy interest burden?A
Firstly, do check the rate of interest offered by the same bank to the new borrowers & approach their call centre asking for a reduction in ...
I want to invest Rs 20000 per month. I have identified Reliance Small Cap Fund and DSPBR Micro cap fund for investment. I can hold to investments for two years. Is it a good idea to invest in these schemes? How much returns I will be getting?A
Don't put all your money in Small and Midcap. Pick a large cap or diversified fund too like like SBI Bluechip or Frankling India Opportuniti...
I am a shareholder of NTPC. I heard that NTPC has announced debenture issue to the shareholders. I want to know how I can buy these? What is the rate of interest?A
While you can always sell off your equity shares of any company for a profit, if the company performs well, you are also entitled for a regu...
Is it a good idea to trade in derivatives? How much returns one can expect from derivative trading?A
To trade in derivatives, one need discipline, money management and emotional balance more than analysis. Though money can either become 5X o...
Is it a good idea to buy a home loan insurance policy? I have a home loan outstanding of Rs 33 lakh. OR should I buy a term life insurance? Please suggest one.A
Home loan insurance policy, as it doesn't deal with your causes of death....
Is it wise to go for EMI on credit card?A
Yes, converting the credit card balance is advisable when you are unable to pay the entire outstanding balance. Further converting the credi...
I want to buy a life insurance for my brother Please suggest a good policy. He is 19 years old. he should get Rs 5 lakh when he turns 25 years.A
ULIP's - but market based. Your term and target is more focussed on investment, but not on insurance...
Please suggest a good money back policy for me. I am 27 years old and want to accumulate Rs 10lakh over 10 years.A
Money back policies are poor investment options. Consider investing in balanced funds for the same. If you are keen to buy insurance, go for...
Suggest couple of equity mutual funds for me. I am keen to invest Rs 25000 per month for next couple of years. I can remain invested for at least five years?A
Recommended to diversify funds than choosing 2. However diversified equity and large cap are decent bets...
My car was sold recently at Rs 1 lakh. I have bought it at Rs 8 lakh seven years back. What will be the tax teatment of that Rs 1 lakh received by me. I am a salaried person.A
Since you have sold the motor car at below the price at which you had purchased, there is no tax implication or tax liability. ...
I am an NRI and want to go for a flat on loan in MUmbai. What are the best options for me in 3bhk space?A
The areas that you can target are Worli, Bandra. If you are looking for a 3BHK then Worli should be the area for you....
Which is the best health insurance policy for senior citizens. My parents are 68 years and 63 years old. How much will be the premium for sum assured of Rs 5 lakh each?A
New India Assurance, CIGna TTK general insurance offer Senior citizen policies that cover senior citizens. Premium can be obtained from thei...
Are bond funds good investment option now? If yes, Which bond funds I should invest into? I want to invest Rs 100000.A
It is always a good idea to invest in long-term bond funds in a market scenario where interest rates are dropping. Now that inflation has be...