Classroom Lessons

List of articles where an investor should learn while investing and saving

6 Factors that determine your eligibility for Home Loan

We always have that one big dream of owning a home, for which we strive to make it come true. But end up puzzled, realizing that we need a huge investment to realize it, especially during these pandemic days. Thanks to home loans, you no more need to wait to save up to a large

EPFO Insurance (EDLI Scheme 2021) – Features, Benefits and How to Claim

EDLI Scheme 2021 – Features, Benefits and How to Claim Employee Deposit Linked Insurance or EDLI, is the insurance cover provided by the EPF Office to all private sector salaried employees. Recently, Govt of India has enhanced this EDLI Scheme (EPFO Insurance Scheme) from Rs 6 Lakhs to Rs 7 Lakhs. Due to covid-19, there

How do I Unfreeze my NPS account?

How to Unfreeze NPS account Online? NPS is one of the best retirement tools in India. NPS investments can help you to meet expenses during post retirement life. While you might be planning to invest in NPS during young or middle age, you might experience NPS being frozen. You might not be able to contribute

How Two Bucket Strategy of Investment can help to get regular fixed income?

How Two Bucket Strategy can help to get regular fixed income? Earlier, we have discussed how 3 bucket strategy can help to create wealth in long term. There is another way to look at bucket strategy where one can get regular income. If you have accumulated a corpus and want to effectively utilize them by

How Bucket Investment Strategy can help wealth creation in the long term?

How Bucket Investment Strategy can help wealth creation in the long term? Many of us would invest in equity or mutual funds or fixed income options. Sometimes, by getting tempted with returns, we might move money from one bucket to another bucket. This unplanned movement of funds can restrict us to get higher returns in

Personal Loans – Features, Eligibility, Documents Required and How to apply

Personal Loans – Features, Eligibility, Documents Required and How to apply A personal loan has many forms. Sometimes it is known as a wedding loan, a medical loan, a travel loan, a top-up loan, etc. The reason behind this is that a personal loan can be taken to pay for a wedding, to pay for

Income Tax on EPF interest for contributions above Rs 2.5 Lakhs

Income Tax on EPF interest for contributions above Rs 2.5 Lakhs In Union budget 2021-22, Finance Minister has announced that there would be an income tax on EPF interest for EPF contributions above Rs 2.5 Lakhs in a year. This has created some confusion / havoc for employees who are contributing a higher amount where

Union Budget Highlights 2021-22 – Key Takeaways

Union Budget Highlights 2021-22 – Key Takeaways Finance Minister, Nirmala Sitaraman has presented Union Budget 2021-22. Salaried people are disappointed with no change in tax rates nor any benefits provided to them. Even some of the reliefs / benefits provided earlier are taken away. In this article, let me provide you a quick summary of

How to download Home Loan Interest Certificate for Tax Proofs submission?

How to download Home Loan Interest Certificate? If you have taken home loan, it is time for you to submit your Income Tax Certificate of home loan to your payroll department. While the process of downloading the IT certificate is simple, many are facing challenges and approaching the bank / financial institution in person. This

Partial Withdrawals of PPF – Eligibility and Rules in 2021

Partial Withdrawals of PPF – Eligibility and Rules in 2021 Public Provident Fund is one of the safest fixed income investment options in India, which is backed up by Government of India. Many investors would opt for PPF either for tax saving purpose or for accumulating retirement corpus. Even low risk investors who want to

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