With this article Balwant Jain apprises readers about one more avenue - the gold deposit scheme.
Section: Analysis | Wednesday, November 16, 2011 9:15 IST
It goes without saying that higher education is a costly proposition. But sweat not, help is at hand. The government’s recent initiative to grant interest subsidies on education loans is seen as a whiff of fresh air.
Section: Money | Thursday, November 3, 2011 8:00 IST
RBI has proposed that the banks should not levy any prepayment penalty on floating rate loans.
Section: Money | Thursday, October 20, 2011 8:00 IST
With the on-going global crisis and gold prices hitting the roof, parents are a worried lot as gold constitutes a significant proportion of expenses in Indian marriages.
Section: Money | Friday, September 30, 2011 8:00 IST
National Pension System has introduced ‘Swavlamban Yojana’ for those who don’t work in the organised sector and live hand-to-mouth throughout their lives.
Section: Money | Tuesday, August 16, 2011 8:30 IST
Any Indian resident can open a PPF account. It can even be opened in the name of a minor child by the parent or legal guardian. However, a non-resident Indian (NRI) cannot open one.
Section: Analysis | Tuesday, July 26, 2011 7:00 IST
As you are aware, there are two types of National Pension System (NPS) accounts - Tier I & II. Tier I account is mandatory, whereas Tier II account is optional. Thus, only Tier I account is eligible for tax benefits and is, in the true sense, the core of NP
Section: Money | Tuesday, July 12, 2011 6:14 IST
It is advisable to keep your contribution minimum in equity for your Tier II account.
Section: Money | Tuesday, July 5, 2011 8:00 IST
The main account to be opened under NPS is called Tier I account and the additional account to be opened, which is optional, is labeled Tier II account.
Section: Money | Tuesday, June 28, 2011 8:00 IST
All of us have heard about God, but only a few have experienced miracles that can be attributed to his presence. Same is the case with the National Pension Scheme (NPS), many of us have heard about it, but only a few know how it works.
Section: Money | Wednesday, June 22, 2011 4:11 IST
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