Finance ministry has released the second draft of proposed Direct Tax Code (DTC) today, which upon approval will be effective from financial year 2011-12. You can read my initial article on the first draft of DTC if you aren’t aware of this proposal. Let us look at some of the highlights of this draft. It […]
investment
Tax Calculator for year 2010-11
The much awaited Tax Calculator for financial year 2010-11 has been released by ynithya on his site. Feel free to download the same and use for better planning of your hard earned money. I have been using his tax calculator which is in the form of Microsoft Excel (xls) for over 3 years now and […]
A detailed comparison of ULIPs
Many of the ULIP information seekers have been asking for a comparative article on the existing ULIPs with Guaranteed NAV in the market. In this article you will find the most comprehensive comparison of Unit Linked Insurance Plans offered by various insurers like LIC, SBI Life, Birla SunLife, Bajaj Allianz, Reliance and ICICI Prudential. One […]
Home Loan – Do’s and Don’ts
On popular demand here comes the much awaited article on Home Loan. I plan to cover some of the do’s and don’ts while opting to avail a loan to own that dream home of life time. This post comes soon after me closing our home loan account, so I sure do qualify to share my […]
LIC Wealth Plus ULIP Review
Today LIC is launching a new plan called “Wealth Plus”, an unit linked insurance plan (ULIP) having a term of 8 years. As usual, here is my review on this plan with inputs from a development officer working with LIC based in Bangalore. On this blog you can also read about other ULIP products available […]