Common Mistakes to Avoid in Personal Finance Planning

Financial planning involves a complete understanding of one’s financial needs and future goals. Once these are established it is easy to finalise on a comprehensive solution. In the journey towards securing ourselves financially there are some common mistakes that we commit. Some of the mistakes to avoid and the solution are discussed in detail. No…

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Post Office Savings Schemes at a Glance

Post Office has long served as the backbone of communication and small deposits. For more than 150 years the department of Posts has played a pivotal role in facilitating communication throughout the nation thereby aiding in socio-economic development of the country. Post Offices offer varied services. Their work is not just restricted to delivering mails.…

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Proposed PF Rule: Important Things to Know

Current Rules: The current PF rules state that 12% of the basic salary that a person earns will be deducted from his income as Employee provident fund. Remember that the company contributes an equal amount on behalf of the employee. Before we proceed to understand the new proposed rule it is imperative that one understands…

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Investment Avenues for Senior Citizens

Senior citizens are those who have crossed a certain age, most notably in India, above the age of 60 who may or may not be retired. Most senior citizens receive higher interest rates when it comes to deposits and other types of accounts. But investment avenues for senior citizens don’t end at preferential interest rates.…

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