Common Mistakes BUYING INSURANCE POLICIES FOR INVESTMENT PURPOSE Have you invested your money in insurance plan to get a return in future..? Big mistake! Out of 100 people,95 have made this mistake. Very few people understand the difference between term plan, endowment plan, etc. NOT ABLE TO CRACK THE CREDIT CARD MYSTERY Are you paying […]
Domicile A person is said to have a domicile in a country in which he/she is considered to have his/her permanent home. IN WHICH COUNTRY WAS THE PERSON DOMICILED…? Every person has one domicile from his birth to death. As soon as person is born the domicile of his/her father attaches to him/her. This is
CALL MONEY On a lazy Sunday night you and your family are relaxing on a couch watching your favorite TV show. Suddenly, someone rings your door bell. You open the door and it’s your long distance relatives who have made a surprise visit. While you can’t show your displeasure but you still welcome them and
CAPITAL GAIN TO KNOW CAPITAL GAINS LET US FIRST UNDERSTAND WHAT ARE CAPITAL ASSETS…? Capital Assets can be land, house property, building, trademark, leasehold rights, machinery, patents and jewellery. FOLLOWING THINGS ARE NOT INCLUDED IN CAPITAL ASSETS…, Agricultural land in a rural area in India. Stock on trade. Personal used items such as wearing apparels
LIQUID FUND Where do you invest your salary when you receive? Do you spend the entire amount of your salary as soon as you receive? Till you spend your salary where does your money lies. Do you know? If you park some portion of your salary in liquid funds till you actually require, the income
TIME VALUE OF MONEY Some people put their money in a bank account; some make investments in stocks and bonds. Different people follow different strategies to keep their money on the move. All of them consciously or unconsciously realize time is the biggest enemy of idle money. But what makes a rupee in our hands
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Who is Nominee? As per law, a nominee is a trustee, not the owner of the assets. In other words, a nominee is only a caretaker of the assets. It Means The nominee will only hold assets as a trustee and will be legally bound to transfer the assets to the legal heirs. What is
