Government of India has announced a new pension scheme for small shopkeepers/traders/grocers. People covered under this scheme will get a lifetime pension of Rs 3,000 from the age of 60. The scheme has not been officially launched yet. It will start shortly. Please note that complete details of this scheme are not yet available. I … Read more
Everyone dreams of having their own house. Housing prices are so high that most people have to take out loans to buy a home. But banks lend you up to 75-90% of your purchase amount. You have to pay the remaining amount from your own pocket. This is also known as down-payment. Suppose you buy … Read more
Good news for you if you want to buy a new house. Government of India is giving you an additional tax benefit of up to Rs 1.5 lakh. The government has introduced a new section in Budget 2019, Section 80EEA. Under Section 80EEA, you will get an additional tax benefit of Rs 1.5 lakh on … Read more
We all know that Term life insurance The best and cheapest way to buy life insurance. In a post Best term plan It was also discussed. Whenever life insurance is discussed, the first thing that comes to mind is LIC. Recently LIC has announced two new term insurance plans. LIC Jeevan Amar and LIC Tech … Read more
Term life insurance is the best and cheapest way to buy life insurance. Some time ago I LIC Jeevan Amar (LIC Jeevan Amar Yojana 855) was discussed about. LIC Jeevan Amar is a term plan that you can buy with the help of your agent. Apart from this, LIC has also launched an online term … Read more
If you are complaining that your bank is not reducing the home loan interest rates, there is good news for you. The Reserve Bank has mandated that new floating rate loans disbursed from October 1, 2019 will now be linked to an external benchmark. Home loans and car loans are generally floating rate loans. Let … Read more
Many investors buy pension plans to provide them with some income even after retirement. Salary will cease after retirement. But the income will start from the pension scheme. Which pension plan should you take? There is no dearth of pension schemes. One option is the National Pension Scheme (NPS). LIC and other insurance companies have … Read more
Many people invest in small savings schemes of the government. Let’s see the interest rate on the government’s Small Savings Scheme. Please note that the government may change the interest rate on all these schemes every quarter. This interest rate is for April-June 2020. This interest rate may change further. I will keep updating this … Read more
Payday loans have gained popularity as a short-term financial solution that provides quick access to funds when individuals face unexpected expenses or emergencies. Although these loans provide immediate relief, it is important to understand their terms, conditions and implications before applying. In this article you will get details about payday loans in cities like Delhi, … Read more
What is PM Vishwakarma Yojana? Pradhan Mantri Vishwakarma Yojana is an important initiative of the Government of India aimed at empowering skilled artisans across the country. The scheme is designed to recognize the significant contribution of artisans, craftsmen and skilled workers to the Indian economy. In this article we will give details of the scheme, … Read more