According to mutual fund industry data (AMFI),
retail investors held Rs. 2,43,569 crore in mutual funds (MFs) as of March
2015, higher than Rs 1,61,783 crore held by them in March last year
(2014).
Investing Mantra's - Stock : SELL IN MAY MONTH AND GO AWAY.
Investing Mantra's - Stock, Mutual Funds - Equity, Investing Mantra's - Mutual Fund, Terminology - Share Market. Definition of 'SELL IN MAY MONTH AND GO AWAY...!
What is the Time Period for Paying up in Life Insurance Policy?
Reply by Mr. Abhishek Bondia, SecureNow Insurance
Broker Pvt Ltd You can resume your life insurance policy even
after the due date has expired. Most life
insurance policies offer a grace period after the due date.
How Can Life Insurance Be Used as a Income Tax-Saving Tool?
Reply by Mr. Abhishek Bondia, SecureNow Insurance Broker
Pvt Ltd Life insurance is one of the eligible instruments
for income tax saving under section 80C of the income-tax Act.
Use Income Tax Exemption to Enhance Health Cover..!
By Mukesh Kumar, HDFC Ergo General Insurance Finance minister Mr. Arun Jaitley announced in
his Union budget for 2015-16 raised the exemption limits from Rs. 15,000 to Rs.
25,000 for non-senior individuals and from Rs. 20,000 to Rs. 30,000 for senior
citizens.
Life Insurance: Pending complaints Increase 418%.
The Insurance Regulatory and Development
Authority of India (IRDAI), on 24 April, 2015 issued a circular advising all insurance firms to adhere to guidelines regarding consumer complaints and grievances.
Indian Mutual Fund Industry SIP Count Up 18% to 73 Lakh..!
Showing a strong surge in retail investor
interest, Indian mutual fund (MF) industry has seen the number of its new
Systematic Investment Plans (SIPs) grow by 18% to about 73 lakh at the end of
March 2015.
NRI and FCNR..!
Question: When a non-resident Indian (NRI) returns to India, what happens to his/herforeign currency non-resident (FCNR) deposit? Reply by Ms. Sonu Iyer, Tax Partnet and National Leader, Human Capital Services, EY.
15% of the Population is Covered Under Health Scheme...!
by Mr. V. Jagannathan, Star Health and Allied
Insurance Company. Health insurance in India has huge potential, but
largely untapped yet. Healthcare spend in the country is estimated at Rs.
2,00,000 crore, whereas the penetration of health insurance remains very low
mainly on…
One Crore flats in Urban India Lying Vacant..!
Even as the country faces a shortage of 1.90
crore (19 million) houses, about 1.02 crore (10.2 million) completed flats
(units) are lying vacant, which can be absorbed under rental housing programme
for weaker sections, says property consultant CBRE .
