The ‘NAKSHA’ program, launched by the central government, aims to maintain accurate town revenue records and resolve disputes over houses and land. This initiative is about to commence. Preparations are underway for a large-scale survey in municipalities to gather comprehensive details about houses, buildings, and other structures. The program will facilitate the issuance of property … Read more
Have you heard about the Kisan Vikas Patra (KVP) scheme offered by the post office? There might be some confusion about who can invest in it. Everyone is looking to save a lot of what they earn. They decide how much to save based on their income. But many parents save for their children’s future. … Read more
Life Insurance Corporation of India (LIC) is a trusted name in insurance, offering various policies tailored to meet its customers’ diverse needs. LIC’s essential document is the LIC Policy Bond, which proves your insurance coverage. What is the LIC Policy Bond? The LIC Policy Bond is a critical legal document that contains all the details … Read more
Unique scheme for women: Mahila Samman Savings Certificate (MSSCS): The Modi-led central government has introduced several schemes to empower and financially support women. One of the well-received schemes is the ‘Sukanya Samriddhi Yojana.’ However, women who have turned 18 are not eligible to invest in this scheme. In response, the central government announced a new … Read more
Many purchase life insurance policies to ensure their families are financially secure, even in their absence. However, much money remains unclaimed at LIC (Life Insurance Corporation of India). LIC has a large pool of ‘unclaimed money’—it’s worth checking to see if any of it belongs to you. Unclaimed Maturity Amount in LIC: LIC is India’s … Read more
The Indian government plans to introduce annual and lifetime toll passes for private car owners. These passes will allow motorists unlimited access to toll plazas on national highways and expressways. The proposal aims to provide an annual toll pass for a one-time payment of Rs. 3,000, eliminating the need for regular FASTag recharges. This will … Read more
In today’s world, many people are falling ill regardless of their age due to lifestyle choices and food habits. This increase in health issues has led to rising medical expenses, creating financial difficulties for many. While numerous individuals invest in medical insurance, they often struggle to benefit from their policies fully. It’s a common issue. … Read more
Buying land or a house is one of the most significant investments a person can make. However, unregistered properties are not legally recognized, which can lead to complications. Property registration in India is governed by various laws, including the Indian Registration Act of 1908 and the Indian Stamp Act of 1889. These laws aim to … Read more
Tax Benefits for Senior Citizens: Retirement brings both benefits and challenges. If you spend your retirement benefits extravagantly, you may face difficulties in the future. To live comfortably after retirement, it is important to save and invest wisely. Effective financial planning is essential for a worry-free and stress-free retirement. A key factor in financial planning … Read more
Fixed deposits (FDs) are a safe investment option, especially now. Many senior citizens are interested in them, but knowing which bank offers the highest interest rates is essential. Let’s explore which banks currently provide the best interest rates for a 3-year fixed deposit. While other investment avenues like shares and mutual funds can grow your … Read more