All about Arogya Sanjeevani health insurance plan

All about Arogya Sanjeevani health insurance plan

A health insurance policy helps an entire family to meet unexpected medical & health uncertainty costs. But health insurance penetration & acceptance in India is very low, to bridge this gap, country’s Insurance regulator, IRDAI has introduced standard health...

Endowment & Moneyback policy

Endowment & Moneyback policy

Endowment & Moneyback policy are hybrid insurance product which also provides saving opportunity along with risk-cover to the insured or policy holder. It is also known as NON-ULIP plan or traditional life insurance plans.An endowment policy is a...

Should you purchase Term Insurance plan?

Should you purchase Term Insurance plan?

Mr. Rahul, had invested in endowment plans, which he believed was sufficient enough to provide optimal insurance cover and a yield an investment return. He was paying a premium of ₹52,392 every year for an endowment policy having a sum assured of ₹15 lakh. The policy...

Taxation of ESOPs – Recent Changes

Taxation of ESOPs – Recent Changes

Allotment of ownership stake or shares to the important employees of an organisation has become a significant part of corporate human resources culture in India. This is institutionalised through Employee Stock Options Plan (ESOPs) wherein the company offers shares at...

301 is the Cost of Inflation for FY 2020-21

301 is the Cost of Inflation for FY 2020-21

Government notifies Cost Inflation Index (CII) for F Y 2020-21 at ‘301’As per the Income tax Act, the Central Government is empowered to notify the cost inflation index for every year. Accordingly, it has notified the CII for current financial year 2020-21 at 301. It...

Tax-Free Bonds in India

Tax-Free Bonds in India

Tax-Free Bonds in India are issued by Government to collect money for long term projects like Construction projects, Railway projects or any other project which government may think of. Government takes the money & gives interest to investors annually. Government...

Impact on Rupee against Dollar due to Lockdown 2020

Impact on Rupee against Dollar due to Lockdown 2020

Have you ever wondered why the value of US Dollar keeps changing every day against Indian Rupee? Who determines USD-INR rates?No single institution or government determines the exchange rate of rupee not even the central bank. India has a floating exchange rate system...

FAQs on Sovereign Gold Bonds

FAQs on Sovereign Gold Bonds

The Sovereign Gold Bonds are open for subscriptions... Finbingo.com addresses your queries regarding this. What is Sovereign Gold Bond?Sovereign Gold Bonds are the Government Securities issued by Reserve Bank of India and are denominated in grams of gold (1 unit = 1...

Partial Withdrawal from NPS for COVID-19

Partial Withdrawal from NPS for COVID-19

PFRDA - The Pension Fund Regulatory and Development Authority has allowed investors to partially withdraw money from their Tier-I NPS -National Pension System accounts to meet expenses related to treatment of coronavirus infection. Here are the FAQs for the same. Q....

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns.

Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.