What is the minimum amount due in Credit Card? How Credit Card interest rates eat away into your savings? How the minimum amount due in Credit Card works? What is the difference between Credit Card Minimum Payment Vs Full Payment. Rahul got his first Credit Card immediately after getting his first job in a software firm….
How do I get home loan tax benefit? What if I have purchased a second house − Am I still eligible for housing loan tax benefit? What are the home loan tax benefits if I wish to go for joint/construction linked loan? Housing Loan – An emerging segment With high real estate prices, one cannot…
What is the difference between “Growth and Dividend Option in Mutual Funds”? Why some people prefer Growth Option, while others prefer Dividend Option, in Mutual Funds? You are often seeing the advertisements from Mutual Fund companies regarding the announcement of Dividends. Agents will use this as an opportunity to sell such Funds at that time showing Dividends…
How to calculate Income Tax on Salary in India? What are the slab rates and exemptions for Income Tax on Salary in 2018-2019-2020? How can Income Tax be saved for Salaried Employees in India? “The hardest thing in the world to understand is income tax.” -Albert Einstein If Einstein could too find taxes difficult to…
Does Claim Settlement Ratio matter? Where can I get the latest report on IRDA Claim Settlement Ratio of Insurance Companies for FY 2020-21? The latest IRDA Claim Settlement Ratio for FY 2019-2020 was released in February 2021. Claim settlement ratio of LIC was at 96.69 percent and the same has been reducing every year. “The…