‘Personal Finance’

Is PAN card necessary for an NRI?

Income Tax Department issues the PAN card or the Permanent Account Number card, which is a laminated card with 10 digit alphanumeric number.  A PAN card is not a must for the day to day life, but if you want to invest in share market, claim refunds on TDS etc., better have to posses a PAN card.  If you have a PAN card; property deals, getting telephone connection, opening bank account, all becomes easy.

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Which Life Insurance Policy Is The Best For Your Parents?

There are a lot of life insurance policies suitable for our parents who are retired, old, men and women.  All Insurance companies, national or private, cater to the needs of the elderly.   Though, you are able to provide food and shelter to them, you may not be able to afford high hospital bills, if they fall ill.  So, it is advisable to choose a policy with medical claims, because with old age your parents are prone to diseases easily.

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The Increasing Wealth Management Services

There are people who have a lot of money, but don’t know how to invest or deposit it wisely.   They just leave it in the bank as dead asset.  Sometimes they trust their friends or relatives and invest in some foolish schemes.  These schemes may or may not give them returns.  This is where the Wealth Management Services come in.

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Plan To Avoid Tax Payment

Not paying the tax is a punishable crime, but making use of the various loop holes in the income tax rules, to avoid paying the tax, is not a crime.  For that, you need a thorough understanding of the income tax laws and its present amendments.

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How to buy precious stones?

Today the precious stones are not only the item related to the astrology but also being an ideal way to show your status, wealth and power.

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