IntenseDebate - Manish Misra

13 years ago @ PersonalMoney.in - Choose the best Childr... · 0 replies · +1 points

Yes that's a Smart way, any day :-)

No single plan or product (MF, ULIP, PPF, FD, etc) will suffice your needs. You need to have a basket of products in your portfolio ideally. The reason I prefer ULIP for child plan is because of its long term nature. Over a 15 years period, ULIP would be better than MF is what I believe.

FD is not recommended for long term as the post inflation returns of FDs are minuscule but yes the principal+interest is guaranteed. PPF investments have a maximum cap per annum. So like a smart investor build a diversified portfolio and invest in MFs, ULIPs, PPF, also consider New Pension System (NPS).

13 years ago @ PersonalMoney.in - Choose the best Childr... · 0 replies · +2 points

Thanks for your comment Raja. To clarify your point, this is not a marketing post but provides you details of what the child insurance policies offered by Insurance companies contain so that you can find the best policy for your child. Visiting our site is your decision, if you think that our articles do not provide you value, please do as you wish.

However, we are certain that you will definitely return to our site :-)

14 years ago @ PersonalMoney.in - Do your Tax Planning e... · 0 replies · +1 points

Hi Pankaj, thanks for sharing the link, I will certainly visit the post and leave my comments there.

14 years ago @ PersonalMoney.in - Health insurance is a ... · 0 replies · +1 points

Dharmesh, though Sunil has answered your query, we will do our own analysis and share with you soon. Thanks for writing to us.

14 years ago @ PersonalMoney.in - Health insurance is a ... · 0 replies · +1 points

Thanks Sunil, for sharing the details.

14 years ago @ PersonalMoney.in - Authors · 0 replies · +1 points

Thanks for the encouragement Rajesh!

Sure we will continue to share interesting tips and money management advises with our readers.

14 years ago @ PersonalMoney.in - Do your Tax Planning e... · 0 replies · +1 points

Thanks for your comment Manasvi!

Sure, we will provide details of investing in Infrastructure bonds in one of our upcoming post.

14 years ago @ PersonalMoney.in - Income Tax Impact Calc... · 0 replies · +1 points

Hi Kiran!

Thanks for your comment.

a) Employers include their contribution to the Provident Fund in your Cost-to-company. However, your contribution to Provident Fund is deducted from the salary and is deposited in your PF account. The PF is instrument for your retirement savings. So, even if it is deducted from your salary, it is your money being deposited in your retirement savings account. There are some rules and regulations on withdrawals from this account, ofcourse, which we will cover in one of our future posts.

b) By professional pursuit I assume its a reimbursement for upgrading your educational qualification / professional skills. Since it is a reimbursement it is not taxable in your hand. So no need to include it in the tax calculator. For Sodexho component, exemption has been granted completely for paid vouchers (such as Sodexho) provided to the employees. Further, even the employer is not levied any Fringe Benefit Tax on Sodexho Pass meal vouchers given to employees.

Hope this clarifies your queries. In case you need any other clarification please feel free to respond.

14 years ago @ PersonalMoney.in - 5 tips to select stock... · 0 replies · +1 points

Well said Mugdha! You have summarized the how to invest in stock market in one para. Thanks!

14 years ago @ PersonalMoney.in - Impact of global finan... · 0 replies · +1 points

@seema

Sure, please let us know the details.

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