I regularly receive emails where readers express their horror stories about LIC’s Jeevan Anand policy. Believing an agent’s (who often happens to be a neighbor/relative/friend) fictional stories of risk and return, they buy the policy only to discover that they need to pay exorbitant premiums for the next 20-years and that when they want to […]
Reader Subrata asks: Is leave encashment on superannuation taxable? I’m nearing retirement and would have accumulated 300-days of leave. I have absolutely no clue on this topic (and I can’t remember the last time I accumulated leave). Therefore, I thought I’d open it up for a wider audience right away. Do you know the answer?
Reader Subrata writes-in: My Public Provident Fund (PPF) account shall complete the original term of 15-years plus an extended term of 05-years in February, 2012. But I’d like to withdraw the balance only in September, 2013 to coincide with my retirement. Will my PPF account continue to earn interest in the interim period from February, […]
A reader writes-in: Hope you are doing good. Need your ideas on saving for my child’s future. I have made a few investments for my kid’s education. But these are long-term investments which will give returns only after 18-years. In addition to this, I would like to have investments allocated exclusively for my child. These […]
Here’s what was asked and answered by Capital Advisor in March, 2011. It’s a loan closure special. If you have a question on managing your personal finances, send me an email and I’ll respond at the earliest. If your question’s beneficial to a wider audience, I’ll publish it in a future edition of “Asked and […]
Here’s what was asked and answered by Capital Advisor in February, 2011. If you have a question on managing your personal finances, send me an email and I’ll respond at the earliest. If your question’s beneficial to a wider audience, I’ll publish it in a future edition of “Asked and Answered,” without revealing your personal […]
I sometimes receive queries over email from readers who are in a particular situation with respect to their personal finances and want to know what actions they ought to take in order to move ahead. Some of these queries are generic enough to apply for a broader audience. In the past, I’ve tried publishing these […]