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Tax Free Bonds 2013 – Invest To Save Tax

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Tax Free Bonds, as name suggest these bonds offers tax free interest income. In other words, any interest earned from these bonds will be tax free in the hands of the investors. Tax free bonds are usually issued by government organizations in India to raise their capital. The interest rate on tax free bonds ranging between 8.5 to 8.75% depending ... Read More »

Difference Between ULIP And Mutual Funds

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Unit linked investment plan (ULIP) and mutual fund are two different forms of investments which confuses most of investors. In broader terms, ULIPs are insurance cum investment product which provides a mix of both insurance & investment in one single policy whereas mutual funds are pure investment product. Both these investments are market linked i.e subject to market risk which ... Read More »

LIC Flexi Plus Review

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Life Insurance Corporation (LIC), a well known name in the insurance industry has again come up with new insurance plans. LIC introduced two insurance policies with the name Flexi Plus and New Jeevan Nidhi in the beginning of the year 2013. Talking about LIC Flexi Plus policy, it is a unit linked policy which offers the benefit of both insurance ... Read More »

Now Aadhaar Card Is Must For Accessing Government Services In Delhi

Delhi Government has made Aadhaar Card compulsory for accessing government services in Delhi region. As per the notification issued by Revenue Dept. and UIDAI, w.e.f. Jan 1st, 2013 no government services will be accessible in Delhi without Aadhaar Card. So if you reside in Delhi and need to get your marriage registered, property registered or want to access any other ... Read More »

What To Do When Your Bank Pushes You To Buy Insurance Policy Along With Home Loan?

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Apart from daily banking activities, today bank have started selling other financial products like ULIP’s or insurance policies. It is been observed that banks are trying all kind of fair and unfair strategies to sell there insurance products. The most common unfair mean that banks are opting to sell insurance products is by clubbing insurance policy with Home Loan. Which ... Read More »