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Three moves that can ruin your chances of wealth creation through Mutual Fund SIP

Three moves that can ruin your chances of wealth creation through Mutual Fund SIP

Three moves that can ruin your chances of wealth creation through Mutual Fund SIP Today, Systematic Investment Plan (SIP) is viewed as the answer to all investment needs. In spite of the fact that they have created money in the long term, the discontinuous instability has made some financial investors rethink about the investment in mutual funds. A few financial investors do lose out because of the absence of patience. Here are three mistakes that can put you off the [...]

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All you need to know about Long Term Capital Gain (LTCG) Tax

All you need to know about Long Term Capital Gain Tax

What is long-term capital gains (LTCG) tax? LTCG is a tax paid on profit generated by an asset such as shares, equity, real estate or share-oriented products held for a particular time-period. The meaning of Long-term Capital Gains, or LTCG, is diverse for different items. Why is LTCG tax in the news now? In the Budget of 2018, Finance Minister Arun Jaitley, re-introduced the LTCG tax on stocks. Investors who got a profit exceeding 1 lakh rupees from the sale of a share [...]

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SEBI plans to lower extra costs charged by mutual funds

SEBI plans to lower extra costs charged by mutual funds

Security and Exchange Board of India (SEBI) is thinking about to reduce the extra costs charged by mutual funds on 15 basis points. This move of SEBI is aimed to expand penetration of such products among investors. The officials said that the extra cost charge on mutual fund proposal will be discussed at a meeting this week. They also added that the additional expense of 20 basis points might be decreased to 5 basis points across all mutual fund [...]

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5 Best Investment Options For your Retirement Plan

5 Best Investment Options For your Retirement Plan

Retirement can be a scary experience if you have not planned it well during your working days. At the period of retirement, your ability to earn money will significantly reduce as you will be out of the workforce. For a happy and peaceful retirement, you imagine a regular flow of income without going to work each day. This can be accomplished just when you plan your investments well during your working days for the rest of years later on. [...]

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Best financial gifts that you can give your parents

Best financial gifts that you can give your parents

Best financial gifts that you can give your parents. The things that your parents esteem the most are your opportunity and their cash. With exhausting vitality and pay, it is hard for them to search for speculation roads that can amplify the profits of their retirement corpus and battle expansion. The ideal approach to facilitate their worry and demonstrate your friendship is to offer money related endowments or convey procedures that can decrease their monetary weight, enhance returns and offer [...]

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How annuities help in retirement planning for steady income flow

How annuities help in retirement planning for steady income flow

How annuities help in retirement planning for steady income flow Annuity is the only financial products that provide long-term, open-ended guarantees in the form of a fixed income for a lifetime. Visualise a scenario in a few years from now, where India’s demographics will incline towards a pattern similar to that of developed nations.Higher life expectancy, coupled with socio-economic changes, such as more families moving away from the joint family system will burden individuals in their retirement period to maintain a [...]

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How Financial Planning helps to get your child future goals

How Financial Planning helps to get your child future goals

PTIC INDIA’s main goal is to provide good finance and investment-related services to their customers. Here we will describe how Financial Planning helps to get your child future goals. As a parent, you always dream to see your child’s success in whichever career they opt for in their lives. And to help them succeed, you provide them all the facilities. Starting with the best education so that they can achieve their career goals timely and in a right way. However, with [...]

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Changes in Income Tax Law come into effect from April 1, 2018

Changes in Income Tax Law come into effect from April 1, 2018

Changes in Income Tax Law come into effect from April 1, 2018. Finance Minister Arun Jaitley proposed various income tax changes in the Budget 2018.  These changes will come into effect from April 1, 2018. These tax changes will impact on many taxpayers in a number of ways. However, he has kept the basic income tax rates, exemption and the slabs unchanged. Some key changes in income tax are a standard deduction for salaried employees, increase in cess and introduction of [...]

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Financial tasks you should complete before financial year 2018-19

Financial tasks you should complete before financial year 2018-19

Financial tasks you should complete before financial year 2018-19. The beginning of the Financial Year 2018-19 can be the best time to check out your belongings.  Yet, before that, there are few questions we will ask you. Same as the general population, are you leaving tax planning to the last minute and investing in wrong instruments because of the year-end rush? Do you routinely check your portfolio? Are you confirm about your capital gain tax liability? Are you ensure that [...]

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WHY WE NEED AWARENESS ABOUT HEALTH INSURANCE

WHY WE NEED AWARENESS ABOUT HEALTH INSURANCE

WHY WE NEED AWARENESS ABOUT HEALTH INSURANCE. Since the last few years in India, the condition of Medical Coverage is at a pathetic level. According to a survey, only 15% of the total population of India use Health Insurance Plans to pay their medical expenses. These individuals pay their medical bills or expenses from their own pocket. Therefore, a large number of these uninsured individuals either end up with low-quality medical & health services or need to manage financial difficulties. Sometimes the medical [...]

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