This is a guest post by Jayant Bhat. He has over 7 years experience in life insurance and reinsurance field as a senior financial underwriter and risk analyst. Jayant has been writing guest articles on this blog and you can read his previous article called “Are you investing in the right way?“. You can know […]
investment
Review – Bajaj Allianz Shield Plus
Bajaj Allianz recently launched Shield Plus, a unit linked insurance plan (ULIP) last week. Going through the product details, it is assured to provide 170% returns on the premium paid at maturity. Policy has a fixed tenure of 10 years while the minimum premium is Rs 25,000. This is the first guaranteed product from Bajaj […]
Tax Planning Simplified – Part 2
We have learned about tax planning for Section 80C from previous post, where we can avail a maximum exemption of Rs 1,00,000 from the taxable income. Now let us explore the avenues beyond section 80C to avail the maximum tax benefit. For salaried individuals whose gross total income exceeds Rs 2,60,000 per annum, deductions under […]
Tax Planning Simplified – Part 1
Most of us think about investment and tax planning only when an employer sends out a mail suggesting to submit proof of investments. This usually happens around this time of the year so that the tax can be spread equally over the remaining three months of the financial year. If you just woke up about […]
LIC Jeevan Nischay policy review
Life Insurance Corporation (LIC) of India has launched one more new guaranteed single premium plan called Jeevan Nischay. This plan is very much in line with last year’s Jeevan Aastha. This new policy will be sold to ‘existing‘ customers of LIC and will be sold for a limited period until end of March 2010. Yes, […]