Personal Finance

An analysis of Education loan

May 20, 2013 - sknlakshmi

Is pursuing a course of your choice abroad one of the priorities of your life? Do you want to be among the top notch professional with a reputed foreign university degree under your belt? Chances are good that to fulfill all these aspirations you will need an educational loan. Staying and living abroad along with the payment for your choice of course require a huge amount of money. With the recent spurt in global economy these costs are rising even further. However, leading banks in India are...

Investment in Time share - Is it Right choice?

Apr 8, 2013 - sknlakshmi

Many of the places you will want to visit in India, like the treasure-filled caves of Ajanta and Ellora, the Golden Temple, (plated with real gold) and the Khajuraho, with its exotic and sensual artwork, are widespread in the vastness of this great country. The great American author, Mark Twain, once said,"India is, the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend, and the great-grandmother of tradition."Incredible India has...

Health coverage for Pre-existing diseases

Mar 15, 2013 - sknlakshmi

Health insurance is a necessary expense. However, for people with pre-existing conditions, getting comprehensive health coverage can be difficult. A pre-existing condition refers to any health problem faced by the individual prior to seeking health insurance. Pre-existing conditions include any and every health issue ranging from the usual suspects like cancer and diabetes to high blood pressure, asthma and even acne. Insurers dislike pre-existing conditions: Insurers are reluctant to provide...

Analysis of Union budget 2013-14

Mar 12, 2013 - sknlakshmi

The Finance Minister has presented the Union Budget 2013-14. Everyone was eager to figure out how the Finance Minister would put back the troubled economy on fast track growth and bridge the wide gap on the current account. Chidambaram said the Indian economy was today constrained by three factors: high fiscal deficit, slow growth and high inflation. Indicating that his hands were tied because the economy is "challenged", Finance Minister P Chidambaram said more "measures and...

RAJIV GANDHI EQUITY SAVINGS SCHEME

Feb 22, 2013 - sknlakshmi

Introduction Statics shows that role or participation of retail investors in capital market segment is very low in India. Numbers from the Bombay Stock Exchange shows that falling retail interest in equity trading. With the year end fast approaching, many of us are scouting for options to save taxes. A new avenue available this year, outside of Sec 80C options is the Rajiv Gandhi Equity Savings Scheme (section 80 CCG). Rajiv Gandhi Equity Savings Scheme (RGESS) is a tax-...

Tax planning based on basic principles of Investment

Feb 6, 2013 - sknlakshmi

PLAN YOUR TAX INVESTMENTS SATISFYING BASIC PRINCIPLES OF INVESTMENT Tax planning will soon be on everyone's mind. Now Indian tax payers have multiple tax saving options available in the market but the most critical part is making the right choice. The very first question come into mind is, which scheme will help save tax while maximizing returns. Although, traditional tax saving instruments like Public Provident Fund (PPF) and National Saving Certificate (NSC) been hot favorite since long...

How Dangerous Roll over of Credit card Payment

Jan 11, 2013 - sknlakshmi

CREDIT CARD Science has made it very easy for humans to live and do whatever they want with in no time. Credit cards mean different things to different people. To some, it is an easy way to spend. Just swipe the card and you can buy anything, anytime, anywhere. To others, it is convenience. You no longer have to carry cash. A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's...

CONSUMER DISPUTES REDRESSAL FORUM

Dec 21, 2012 - sknlakshmi

CONSUMER DISPUTES REDRESSAL FORUM-VI (DISTT. NEW DELHI), ‘M’ BLOCK, 1STFLOOR, VIKAS BHAWAN, I.P.ESTATE, NEW DELHI-110001. Case No.CC/179/07 Dated: In the matter of: SHRI NARINDER KAINTH S/O. J.S.KAINTH R/O.M-12, KASTURBA APPARTMENTS PITAMPURA, DELHI-34. ……..COMPLAINANT ...

Personal Finance Habits to Follow

Nov 2, 2012 - sknlakshmi

Paying attention to mortgage interest rates even after you buy a home. People who fail to do this may miss out on refinance opportunities that could save those tens of thousands of rupees over the life of their loan. Reading all contracts before signing on the dotted line. Having an exit strategy when investing. Without one, it is tough to recognise the right time to cut your losses or take profits off the table. Optimising your portfolio every year. Diversifying and balancing your...

IMPORTANCE OF SMS AND EMAIL ALERTS

Nov 1, 2012 - sknlakshmi

INTRODUCTIONShort Message Service (SMS) messaging, popularly known as text messaging, is a powerful mobile communication tool that allows financial services institutions to interact with their customers in a cost-effective, timely manner. Aggregate global volumes in the financial service industry will continue a strong pace of growth from an estimated 50 million transactions in 2000 to more than 1.6 trillion in 2015. Email alerts are electronic services for your business. Because, you can...