After coming back from his vacation, Sidhesh Tulange, a 33 year old Software consultant, logged into his office computer to make the first statement, “Oh No !! I forgot to submit this before going to vacation.” The HR department has reminded him for submission of his tax saving proofs and declarations by 31st Dec. “IContinueContinue reading “Beware !! Mis-selling Season Ahead !!”
Tag Archives: ULIP
Use the Current Market Rally to exit Bad Apples !!
The recent run-up in the equity markets has suddenly spread all surprises and smiles to the investor community. Although it would look too tempting to start investing in this market, lets take a step back and first lets clear off all that we were holding back in our portfolio as bad apples so that weContinueContinue reading “Use the Current Market Rally to exit Bad Apples !!”
Banker or Cheater ??
“ Welcome Mr. Mehta, What can I do for you ?” said Jenny, a relationship manager working with a leading private sector bank, to the bank customer Mr. Mehta, who himself is a tax consultant. “I just wanted to deposit these cheques to my account” said Mr. Mehta. “That will be done Sir. And IContinueContinue reading “Banker or Cheater ??”
5 Mistakes to Avoid while making investments !!
“Oh My God !! All these years I did too many mistakes while making investments which I am realising when I compiling my IT return.” Said Prithviraj, a 33 year old IT professional to his friend Niraj. “What Mistakes you made Prithvi?” asked Niraj. 1. Investment in a ULIP “First mistake I did was investmentContinueContinue reading “5 Mistakes to Avoid while making investments !!”
How much “Convenience Tax” You are paying ?
“Convenience Tax ?? When was this tax imposed ?? Government has no other business than to impose new taxes everyday ??” might be a normal reaction after reading the title. Well, the good news is, this tax is not really levied by the Government. Rather, it is a self-imposed tax by the citizens like usContinueContinue reading “How much “Convenience Tax” You are paying ?”
ULIPs and Traditional Plans are the best products for ………
“Ohh !! Did I log on to a wrong page?? I always thought this space talked about the drawbacks of ULIPs and Traditional Plans (Endowment, Money Back etc) by explaining their failure to address insurance as well as investments. So how come they became best all of a sudden??” these might be the thoughts comingContinueContinue reading “ULIPs and Traditional Plans are the best products for ………”
New ULIPs : Are they Any Better ??
“No Sir, the Old Expensive ULIPs have gone now. The New ULIPs have been launched with much lower charges. You should invest in them”. These are the new “in-statements” of the insurance advisors these days who were going ga-ga over the Old ULIPs to be purchased before 31st August as according to them, the ULIPsContinueContinue reading “New ULIPs : Are they Any Better ??”
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