In this expensive world, it’s tough for common people to live without the loans. When we talk about loans, then basically we think about banks. But now the concept of bank loans is changing and there are other options also available in market for borrowing loans and in that Peer to Peer is one. Peer to Peer lending provides various flexibilities to the borrower and lender both. You can easily borrow loans from friends, relatives or any other borrowers with just few documents.
If you are a new salaried professional, the world is your oyster. You feel empowered, free and driven with an innate desire to self-indulge and lead a life you had always aspired. However, amidst all that excitement, the instinct to save and invest takes a back seat. Learning to manage personal finances while you are still young can reap immense benefits in the later phase of life.
Health Insurance premiums are determined by a variety of factors. Statistical and mathematical calculations play a major role in figuring out which policy you are eligible for and how much you have to pay for it. In today’s world, with the rapid and steady rise in medical expenses, it is essential to get a good health insurance policy. However, when applying for insurance, most of us get lost in a world of jargon.
Buying term insurance and buying the right term insurance are two different things. Many people buy term insurance without considering all its vital aspects. Are you also guilty of the same? Given how important a term insurance is, it is essential that you exercise caution and wisdom while buying an insurance plan. How? By avoiding falling into the following three traps:
After much waiting and anticipation, finance ministry has recently released a discussion paper, which is mainly proposed on the available gold monetization scheme. Moreover, finance minister has even promised to get acquainted with the available budget speech. Estimating the gold holding among so of the Indian households is now getting at none other than 20,000 tons, and the finance minister is likely to introduce a perfect gold monetization scheme.
Digitizing Life Certificates is an innovative method undertaken to alleviate the inconvenience of government pensioners in getting a life certificate every year. Under this new scheme, pensioners do not need to present themselves to any Pension Disbursing Agency or get a life certificate issued by the authority where they worked and deliver it to an agency every November
Kisan Vikas Patra is a savings scheme was launched in April, 1988 and money used to get doubled in 5.5 years. However, the scheme was discontinued in November 2011. Now Government is again planning to relaunch to encourage small savings in the country that doubles the small investors money in 100 months (8Years and 4 Months).Finance Minister Arun Jaitely will be relaunching KVP Scheme tommorow.
Rita Ghosh was short of INR 50,000/- to complete her purchases for her wedding trousseau. Yet, she had exhausted her existing financial resources and reached well over her credit limit to fulfil her wishes. That’s when someone suggested a personal loan to make her a happy bride. Upon considering various loan options, she decided to go with her bank where she receives her monthly salary.
Are you still hassling over filing your returns for the year 14-15? Don’t bother calling up your chartered accountant when you can easily log on to your active internet connection and login to begin the e-filing income tax return. Take ownership of your own finances, as no one will know the nitty-gritties of your finances better than you. Let’s see how one can file returns easily online.