All insurance plans will become taxable – this is terrible news for life insurance policy holders. How capital gains will be calculated will be a major issue. The cap gains calculation will have to be done by the life insurance company – after all they know all the transactions. So software guys enjoy..all life insurance […]
The only solution to old age problems is dying young. There are many myths regarding old age: 1. As your age increases your needs go down: Many old people (age exceeding 80 is old, I presume?) continue to do things the way they were doing 10-13 years back. None of their needs have gone down […]
Today (Friday 16th July, 2010) is a book reading session at Crossword Mulund at 7 pm, all are invited…Deepa Venkatraghavan, Editor, Moneycontrol.com will be the Chief Guest… all the others are welcome to be guests 🙂 – my maiden attempt to write a book (Retire Rich: Invest Rs. 40 a day) and this is my […]
Once you start writing, talking, hosting a program about finance you become a finance expert. So without naming anybody you now know who are the financial experts to whom this country turns to. For example all channels now know what is wrong with Indian cricket – though of course none of them knew before the […]
No this is not a guide on which pension plan to buy. It is an invite to see a video presentation by Deepak Shenoy a blogger…he has posted a video on the Max New York Life Pension Plan. http://blog.investraction.com/ – a website called CapitalMind …see the video understand it ….and come back here… He has […]
How can we blame Union Carbide for what happened? Obviously the first blame is on the Indian soil – all those people who could not care about the Indian people. Let us face it Anderson had a choice of whether to come to India. He knew he could make a few calls and get away. […]
The Regulators have an amazing ability to amaze me. Somebody attending the IOSCO conference has written about the 7 course meals and boring sessions through which one can sleep. Now we have a new provision coming which says all mutual funds should be held in demat form. Which means you have to open a demat […]