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SAVE TAX !!!: ULIP business down by 15% during 2010-11: IRDA

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ULIP business down by 15% during 2010-11: IRDA. Amid a row between Sebi and insurance regulator IRDA over control of unit linked products, the ULIP business declined by 15 per cent during 2010-11. The proportion of sale of ULIP products has certainly come down. When compared to last year, ULIP business has gone down by about 15 per cent," IRDA Chairman J Harinarayan told reporters on the sidelines of FICCI National Conference on Insurance. Though the new rules will benefit policy holders, reduce the firs...

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SAVE TAX !!!: SENIOR CITIZENS SAVINGS SCHEME (SCSS)

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SENIOR CITIZENS SAVINGS SCHEME (SCSS). Introduced vide MOF (DEA)’s Notification No. G.S.R. 490 (E) dated 02.08.2004. Features of the Scheme:. I) The account may be opened by an individual, who has attained age of. Or above on the date of opening of the account. An individual, who has attained the age. Or more but less than. And has retired under a. Voluntary Retirement Scheme or a Special Voluntary Retirement Scheme. Ii) The account may be opened in. Individual capacity or jointly with spouse. From the d...

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SAVE TAX !!!: Post Office Recurring Deposit Detail

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Post Office Recurring Deposit Detail. Any individual (a single adult or two adults jointly) can open an account. Advance Deposits earn rebate. Four defaults are allowed. Defaults can be paid within two months. Part withdrawal facility available. Premature closure allowed after three years. Pay Roll Savings Scheme is also available for employees of various Establishments. Rs 10/- and in multiples of Rs. 5/- thereafter. Labels: POST OFFICE SAVINGS. DOWNLOAD INSURANCE ACTS AND REGULATIONS. Supply- Taxable E...

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SAVE TAX !!!: National Savings Certificates (NSC)

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National Savings Certificates (NSC). Scheme specially designed for Government employees, Businessmen and other salaried classes who are IT assesses. No maximum limit for investment. No tax deduction at source. Certificates can be kept as collateral security to get loan from banks. Investment up to Rs. 1,00,000/- per annum qualifies for IT Rebate under section 80C of IT Act. Trust and HUF cannot invest. PPF – A good way of saving for your old age. National Savings Certificate Act. Enter your email address:.

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SAVE TAX !!!: Post Office Savings Account-Details

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Post Office Savings Account-Details. Any individual can open an account. Group Account, Institutional Account, other Accounts like Security Deposit account and Official Capacity account are not permissible. Rate of interest 3.5% per annum. Labels: POST OFFICE SAVINGS. DOWNLOAD INSURANCE ACTS AND REGULATIONS. Grab this Widget Blogger Accessories. Enter your email address:. Delivered by SAVE TAX! BEST LEAD GENERATION METHODS. BOMBAY STOCK EXCHANGE (BSE). Comparisons of hdfc; icici; hsbc; sbi; citibank.

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SAVE TAX !!!: Kissan Vikas Patra:Post Office

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Kissan Vikas Patra:Post Office. Investment doubles in 8 years 7 months. Encashment at any time after expiry of 2 ½ Years from the date of issue of certificate at any Post Office. Nomination facility is available. Post maturity interest is also admissible at the rate applicable from time to time (at present 3.5%). Minimum Investment Rs. 500/- No maximum limit. Rate of interest 8.40% compounded annually. Money doubles in 8 years and 7 months. Two adults, Individuals and minor through guardian can purchase.

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SAVE TAX !!!: 15 Years Public Provident Fund

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15 Years Public Provident Fund. Ideal investment option for both salaried as well as self employed classes. Non-Resident Indians (NRIs) not eligible. Investment up to Rs. 70,000 per annum qualified for IT Rebate under section 80 C of IT Act. Loan facility available from 3. Financial year upto 5. Withdrawal permitted from 6. Free from court attachment. An individual cannot invest on behalf of HUF (Hindu Undivided Family) or Association of persons. Rs 500/- in a financial year. The Scheme is for 15 years.