Unit Linked Pension Plans - ULPPs - 5 Major Points

Unit Linked Pension Plans - ULPPs (1)  Insurance companies offer unit linked pension plans, which are market linked products, specifically designed for investors looking for retirement planning products. (2)   Investors have a choice about the asset allocation of the fund they …

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Non-resident Indian bank account opening from overseas

Non-resident Indian bank account opening from overseas Non-resident Indians (NRIs) are allowed to open Non Resident (External) Accounts (NRE Account) and Non Resident Ordinary Accounts to open savings account / or fixed deposits with banks in India. However, since many NRIs …

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Credit Risk and Investments..!

Credit Risk and Investments..! By Ms. UMA SHASHIKANT, CIEL Whether it's on the stock exchange, in a bank or in a debt fund, credit risks are everywhere. Care and diligence can go a long way in mitigating them Credit risk is a big deal these days. While being rightly en rag…

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Employees' Provident Fund or National Pension Scheme : Which Can Benefit You More..?

Retirement benefits have assumed importance in the falling interest rate scenario. In India, there are 2 such schemes: Employees' Provident Fund (EPF) scheme and the National Pension Scheme (NPS). A recent proposal by the government to tax the final proceeds of EPF at th…

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Insurance Coverage Against Loans..!

Coverage Against Loans..! Those seeking loans to buy a home or a car now have access to a larger suit of life and general insurance products, which offer insurance cover against unemployment, critical illness, personal accident, etc - factors that could affect their ability …

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ZERODHA LAUNCHES INDIA’S FIRST TAMIL LANGUAGE TRADING PLATFORM ‘KITE’

ZERODHA LAUNCHES INDIA’S FIRST TAMIL LANGUAGE TRADING PLATFORM ‘KITE’ - ANNOUNCES ZERO BROKERAGE AND MUTUAL FUND BUSINESS  - ZERODHA , India’s leading online brokerage firm, today announces the launch of its web based TAMIL language trading portal KITE and also ZERO brokerage…

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Mr. Satyan Jambunathan, Chief Actuary – ICICI Pru Life

Mr. Satyan Jambunathan, Chief Actuary – ICICI Pru Life Mr. Satyan Jambunathan Chief Actuary – ICICI Prudential Life Insurance Company Limited Mr. Satyan Jambunathan is Chief Actuary at ICICI Prudential Life Insurance Company Limited, having responsibility for the Actuarial, …

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Public Provident Fund Rate Cut: Positive for Bonds and Bond Funds..!

 Public Provident Fund  Rate Cut: Positive for Bonds and Bond Funds..! The central government has cut rates on Public Provident Fund (PPF) from 8.7% to 8.1% & Kisan Vikas Patra from 8.7%to 7.8%. The sharp cut in PPF rates will pull down government bond yields sharply as …

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National Pension System and Provident Fund should get Same Income Tax Benefits..!

National Pension System and  Provident Fund should get  Same Income Tax Benefits by Mr. Harsh Roongta, Registered Investment Advisor  Much has already been written about the proposal to tax 60 per cent of the Employees' Provident Fund (EPF) corpus on retirement and the subs…

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