Saturday, November 11

Tag: Finance planning

Plan your Financial Goals with Endowment Policy
2Mar By Rakhi ManwaniNo Comments
Business, Finance

Plan your Financial Goals with Endowment Policy

Despite you having a steady job and paycheck now, the future always remains uncertain. It is important to obtain an insurance plan to protect your financial sustainability and security in the future for your family.  An insurance plan may help you achieve all of this and may provide you with financial protection against a variety of calamities. There are different types of insurance policies among which endowment policy is the most popular one. Meet Financial Goals with Endowment Policy In an endowment policy, you pay a certain amount in the premiums for a certain period and get returns at the end of the term. If you wish to reduce the premiums, then your premium period also gets shorter than the policy’s operational duration. Endowment policies pay out money to policyholders eith...
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Use FD Calculator Tool To Determine Tax Impact On Your Interest Income
9Dec By Rakhi ManwaniNo Comments
Business, Finance

Use FD Calculator Tool To Determine Tax Impact On Your Interest Income

Interest income from FDs is taxable in the hands of depositors under the head 'income from other sources'. FD calculator Tool helps investors to know the estimated returns on their FD investments. Hence, they can plan their investments in such a way that taxes will be at a minimum value. Let’s discuss how this ready-to-use calculator works and helps investors to determine the tax impact. What is an FD calculator? Fixed Deposit (FD) Calculator is an online tool offered by banks and NBFCs to calculate interest rate, interest amount, and total maturity amount to be accrued on an amount of money in an FD account. It is called an FD interest calculator or FD calculator. The tool calculates how much a depositor will earn on investing in an FD account using inputs like the depositing amount...
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