On 3rd May, 2010 IRDA came out with an amended ULIP regulation…or whatever it is called. There is nothing special except that the reports in the media suggest that it is something new. Well the things are: No partial withdrawal from a pension plan – this will make the pension plan even more tax inefficient. […]
Have you wondered why compounding works? Because most people who have passed 7th standard ‘think’ they understand compounding, but many do not. In July, 2006 I had done an article for rediff.com ‘How to become Rich with just Rs. 100″. I have no clue as to how many people read this article – it is […]
It is quite surprising that there is a BIG rich much higher stake financial stake life insurance industry which is being made to look like a villain. The Mutual fund industry is supposed to be a good one which charges much lesser than the life insurance industry. Amusing. Ask a distributor, it is far more […]
NPS – New pension scheme or National pension scheme….does attract a lot of attention from many investors. However the jury is still out on whether one should invest in it nor not invest. One major (I mean MAJOR) DRAWBACK is you have no clue what will happen once you finish the accumulation stage and go […]
I recently saw a post which said ‘Alert Investors already know about ULIPs’. Amazing half truth :). Once upon a time Arun Shourie said “In India what you say depends on where you sit”. This is so amazingly true – look at the Women’s Bill. BJP says it supports the bill, Congress says it wants […]
Dear Mr. Subra I am writing this to you – but please do not disclose my name and email id – many of my clients read your blog. The ratio of articles that you write against the adviser is quite a lot, but you also write some articles favoring them. Hence I decided to write […]
The idea of life-insurance will probably first come your way when you are planning your tax returns. That’s how it is for most Indians – insurance is a tax saving device. Well, there is a lot more to life insurance that it pays to know. Let’s begin by looking at every step of getting insurance. […]