So you had an LIC endowment policy which you have surrendered and are now wondering if you have to pay any tax on the same or not. Or, you have a pension plan from ICICI Pru, HDFC Life and others which was not making money for you. You were naive then to buy into it … Read more
Have you seen Lage Raho Munnabhai, the movie? Munna (played by Sanjay Dutt), in an attempt to impress the girl he is in love, reads a lot about Mahatma Gandhi. He reads so much on Gandhiji that he starts hallucinating. He sees Gandhiji talking to him and even offer his good counsel. In one of the high … Read more
I met my ex-colleague Amit over coffee. As we sipped coffee, I could sense that he wanted to share something with me but was holding himself back. When he called me up, he mentioned that there is something he wanted to discuss. I started, “So, all OK with you Amit?” He opened up. “Not really”, he replied. “What … Read more
“I made a couple of amazing investments today”, announced Nikhil. His voice was brimming with excitement. Nikhil and I had recently become friends. “OK. And what are those?” I was curious. “I have applied to this new fund offer of Select micro cap series N. The fund house is known for its stock picking skills in … Read more
You buy life insurance when you need to ensure that your family continues to live a financial worry-free life, in case you were to leave your bodily abode earlier than expected. Term plans allow you to buy a life cover through a Sum Assured for a very low premium. A pure insurance plan without any savings component as otherwise offered in … Read more
2 years ago, I wanted to use the Aadhar based OTP method of e-verification. But it wouldn’t work. The system failed to match the records. The reason is my PAN. My PAN was created in 2002 or 03. At that time, I had a middle name – “KUMAR”. You see, my father is a old … Read more