The new direct tax code proposes to exempt the general tax payer from paying income tax if his income is Rs 1,60,000 in a year. He would pay just 10 per cent up to Rs 10 lakh, 20 per cent beyond that and Rs 25 lakh and 30 per cent beyond Rs 25 lakh. Though […]
investment
Bajaj Allianz iGain ULIP
Bajaj Allianz has introduced a unit-linked life insurance plan called iGain. This policy available directly from Bajaj Allianz, it is easy to buy online and much simpler to understand the terms and conditions. Their website provides all the info with various charges on a yearly basis for individual premium amount, while purchasing the ULIP itself. […]
Are you Investing the Right Way?
This is a guest post titled “Need Based Financial Analysis – Are you investing the right way?” by Jayant Bhat. He has over 7 years experience in life insurance and reinsurance field as a Senior Financial Underwriter and Risk Analyst. By looking at the immense amount of questions being posted on this blog by various […]
Analysis of SBI Life Smart ULIP
With the launch of Smart ULIP, now SBI Life Insurance too has joined the bandwagon of ULIP market. Similar players in the market include LIC jeevan Varsha, ICICI Return Guarantee Fund, IDBI Fortis Bondsurance and Birla Sun Life Platinum Plus. You can read my take on those policies by following the links mentioned for each […]
LIC Jeevan Varsha – Review
LIC’s Jeevan Varsha is a close ended Money Back Plan with Guaranteed Additions. The plan returns periodical payments as a proportion of Sum Assured at specified durations, on survival during the term of the policy and on maturity. This plan returns full Sum Assured on death irrespective of earlier pay backs. Guaranteed Additions are payable […]