Individual Health Insurance covering the entire family is called a “Family Floater Plan” Family floater plans usually costs less if compared to a family having individual life insurance plans for each and […]
Vivek Sharma
Investment Biker
LIC launches new Health Insurance Plan
Life Insurance Corporation of India ( LIC )) is launching its new health insurance plan ‘Jeevan Arogya‘ from tomorrow offering comprehensive hospitalisation benefits for the family of the principal insured. The feature […]
UTI Dividend Yield Fund declares dividend
UTI declared dividend in UTI Dividend Yield Fund @ 5% i.e. Re.0.50/- per unit. The record date for the same would be 30th May 2011. Performance as on April 30, 2011: (CAGR%)
Your PF accounts can be accessed online soon
Subscribers of the employees provident fund organisation will soon be able to monitor their accounts online – a move that will serve the twin purpose of putting pressure on erring employers to […]
Birla Sun Life AMC launches a Gold ETF
Birla Sun Life Asset Management Company has launched Birla Sun Life Gold ETF, an open-ended gold exchange traded fund. The New Fund Offer closes on May 09, 2011 and has a window […]
UTI MF declares 1:10 bonus in three schemes
UTI Mutual Fund has declared a bonus under three of its schemes – UTI-Children’s Career Balanced Plan, UTI Unit Linked Insurance Plan and UTI Retirement Benefit Pension Fund. The bonus has been […]
Third party premium up by 70%
The Insurance Regulatory and Development Authority (Irda) has increased the third-party motor premium by up to 70% from April 25. Irda said that based on the concerns expressed by various stakeholders during […]
Mr Pranab Mukherjee withdraws proposal to levy service tax on healthcare
Finance Minister Pranab Mukherjee today announced withdrawal of the proposed 5% service tax on air-conditioned hospitals with more than 25 beds and on diagnostic services. The announcement was greeted with loud thumping […]
LIC’s Samridhi Plus
FMPs or FDs ?
FMPs score over FDs on the taxation front. While FDs are taxed at the tax rate applicable to the individual (which could be as high as 30%), FMPs which are held for […]
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