A credit score and report have come to play an important role in our financial lives. Financial institutions increasingly rely on your credit score to provide loans. A bad credit score number can make your dream home more expensive. As things are going, that high profile job may slip out of your hands just because […]
LIC Jeevan Saral – the Loot India Corporation is at it again!
Do you hold a current LIC Jeevan Saral Policy? If yes, here’s something important that you would like to know. This policy is likely to make a loss for you. LIC Jeevan Saral policy has lately been in the news for all the wrong reasons. MoneyLife Foundation along with some policy holders filed a case […]
Guaranteed Income Plan from Tata AIA Insurance – an analysis
The word ‘guaranteed’ has a strange aura to it and it can suspend all our logical senses to consider and even buy. Dr Sharma has been approached by an insurance agent with a guaranteed income plan. Dr Sharma is 48 years old and has sufficient cash flows to take care of his expenses. He doesn’t […]
Losing money and the mind
The show, Man vs Wild, runs on Discovery Channel and is apparently quite popular. The general format of each episode is the premise that Grylls (the show’s host) is left stranded in a region with his film crew. The episode documents his efforts to survive and find a way back to civilization, usually requiring an […]
Case: An exciting investment proposal
An RM of one of the largest mutual fund houses came to share an investment proposal with me. Somehow they came to know that I am going for a home loan for a 20 year period. The RM said “Why don’t you go for a 30 year loan?” Given the fact that I deal with […]
Here’s how to get all your Mutual Fund Capital Gains statements for filing IT returns
If you are filing your income tax returns for the year 2018-19 and you also have made sell or switch transactions in mutual funds during that year, you are then required to calculate, show and pay your capital gains taxes. I have been getting questions too about capital gains report for mutual funds. Now, if […]
