Financial Planning · Mutual Funds

Birla SunLife’s Sabse Important Plan (SIP)

When my wife and myself sat for a review of our financial situation, we had clear dreams and goals that we wanted to achieve. We were looking at investing 20-30 percent of our income at present in long-term investment options and intend to grow this surplus money for better returns.  Though we do not have much knowledge about equity markets we are pretty… Continue reading Birla SunLife’s Sabse Important Plan (SIP)

Financial Planning · Income Tax · Retirement Planning

Budget 2017- New Benefits announced for NPS Subscribers

In a bid to provide further impetus to the National Pension System (NPS), the following provisions have been introduced in the Finance Bill 2017 laid down in the Parliament today. (i) Tax-exemption to partial withdrawal from National Pension System (NPS) The existing provision of section 10(12A)of the Income Tax Act, 1961  provides that payment from… Continue reading Budget 2017- New Benefits announced for NPS Subscribers

Financial Planning · Investments · Money Behaviour · Money Management · Mutual Funds · ServeTM

Investments is a Complex Polynomial Equation

While we must accept that investment is a polynomial equation and not a linear one, it’s also important to note that it can have an easy and simple answer! Bear with me for 2 minutes before we discuss the one possible answer. The Equation Let us begin with an understanding of the equation itself. I… Continue reading Investments is a Complex Polynomial Equation

Financial Planning · Insurance · ServeTM

How to Buy the Right Health Insurance Plan

By Anuj Gulati, Managing Director, Religare Health Previously, I had shared my views on the importance of purchasing a health insurance cover to ensure worry-free and sustained-good-health. However, choosing the ‘right’ health insurance plan is an equally important decision, as only the correct health cover will effectively deliver- the-goods for you in case of a… Continue reading How to Buy the Right Health Insurance Plan

Financial Planning · Insurance · ServeTM

Why You Need Health Insurance Now!

By Anuj Gulati, MD & CEO, Religare Health Insurance Good health and its maintenance has increasingly become a topic of interest for us all. We constantly endeavor to discover new ways to live healthier lives and have begun to naturally adopt optimal work-life balances, customized dietary & exercise regimes and even health-centric recreational initiatives. Our… Continue reading Why You Need Health Insurance Now!

Financial Planning · Investments · Life Skills · Mis-selling · Money Behaviour · ServeTM

Mis-selling Cases

While systems for Banking ethics and code for customer support are in place, the Deputy Governor, RBI highlighted the growing cases of mis-selling in India. Here’s an extract of the speech of Shri S. S. Mundra, Deputy Governor, RBI. There has been increasingly large number of cases of mis-selling of third party products, particularly insurance products to… Continue reading Mis-selling Cases