Benefits of India Post Payments Bank account

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Benefits of India Post Payments Bank account

What is India Post Payment Bank? What are the benefits of India Post Payments Bank account The launch of India Post Payments Bank in 2014 was one of the most ambitious projects of the Reserve Bank of India where it wished to redefine the banking system in India by making sure that they are providing banking services and technology enabled environment of remittances on the fingertips of people. Financial Inclusion, as the name suggests, means access to and usage of [...]

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Best 09 New Year Resolutions for 2019

Best 9 New year resolutions for millennial

Best 09, New year resolutions for millennial by FinVizer to help you grow and achieve your dreams as well as to improve your financial status for the upcoming year. Keeping yourself MENTALLY fit and physically healthy: As the new year starts, the gym owner gets excited because they know one of the first new year resolutions for millennials will be getting in shape. So they may usually trick you into paying for 6 months of their gym fees, when you actually [...]

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Exchange Traded Fund India

Exchange Traded Fund – India

What is Exchange Traded Fund meaning? Available since 1993 in U.S. and 1999 in Europe, Exchange Traded Fund (ETF) is a marketable security, that tracks a stock index, a commodity, bonds or a basket of assets. It generally operates with an investing mechanism designed to keep it switching close to its net asset value. When you invest in ETFs, your money is invested in a bunch of market securities which are a part of an established index. Just like the [...]

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Employees' Provident Fund

PF Claim Status – Check your EPF Claim Status Online

In this article, we explain the procedure to verify your PF claim status or check EPF claim status through various methods like EPF website, missed call, and SMS. We also explain how to download your EPFO passbook online. Before we get into details, first a review of fundamentals. What is EPF or PF? Employees Provident Fund (EPF or PF) is a social security and savings scheme for an employee in India. Employers engaged in certain industries and engaging 20 or more employees [...]

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Is it safe invest in defaulter companies referred to NCLT?

What is NCLT? The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates insolvency and winding up of Indian companies.The NCLT was established under the Companies Act 2013 and was constituted on 1 June 2016 by the Government of India. What does NCLT do? NCLT determines the fate of defaulted companies which are unable to fulfill their financial liabilities to any kind of operational or financial creditor. In simple terms, if a company owes you money and has [...]

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What is the meaning of Beneficial Nominee in Life Insurance?

What is the concept of Beneficial Nominee? A beneficial nominee is someone who will get the sum assured on the death of the policy holder. Insurance company will now pay ONLY to the beneficial nominee, independent of the claims of other legal heirs. Legal heirs will no longer have any claim on the amount of the death benefit. The rules for nomination in life insurance have changed for insurance policies maturing after March 2015. This change was brought about through the [...]

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Union Budget 2019: Highlights – Expected

Below are some expected Union Budget 2019: Highlights – Tax Highlights: No changes in the structure of income tax. 100 percent tax deduction for the first 5 years to companies registered as Farmer Producer Companies (FPC) with a turnover of Rs 100 crore and above. Deduction of 30 % on emoluments paid to new employees Under Section 80JJAA of the Income-tax Act to be relaxed to 150 days for footwear and leather industry. This is to create more employment. Standard Deduction of Rs. 40,000 [...]

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Top 5 Best Home Insurance Plans 2018 in India

In this article, we review the Best Home Insurance Plans in India. What is home insurance? Everyone dreams of having their own house. As they say the basic needs of life are Food, Clothing and Shelter. At the end of a day, after the hectic work life, all we do is going home. Thus, a home is a place, which provides the affection and harmony that one looks forward. Not only purchasing a house is vital, but also protecting the physical [...]

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Top 5 Best Health Insurance Plans 2018 in India 

What is health insurance? What is the benefit of best health insurance plans? Health insurance is a type of an insurance which covers the whole or a part of the risk of a person incurring medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs from his/her hard-earned money and is then reimbursed, or the insurer makes payments directly to the provider. Thus getting health insured would be a critical financial aid during the medical emergency. It is [...]

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Top 5 Best Car Insurance Plans 2018

What is car insurance? What are the Best Car Insurance Plans in India? Everyone dreams of having a car. It is a luxurious and a comfortable way of transport and now-a-days it is quite simple to buy a car in India. If you want to enjoy the major things in life, then a car purchase would be definitely on your bucket list. When you start driving a car, then you must also need to have one of the best car [...]

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