Investment and Finance Blog

The un-organized sector in India defines most of the rural population and a part of urban population who are included in activities carried out by small and family enterprises, and includes family labor. In this sector, the wages of labor are not uniform due to the casual or seasonal nature of employment. This sector has low income, unstable and irregular employment, and lack of protection as they have less or no legislation or trade union in their favor. This sector adds more than 60% to the national income which is twice more than the organized sector in different industries. Drastic changes in past With the increase in income, the expenses too hiked. The cost for important aspects of one’s life health and education has become way too expensive. The price are expected to go high and high making it hard for a common man to survive and harder for the unorganised sector to live-by. Need for Pension Plan This brings us to one major decision, i.e; to plan our retirement...

It has been a popular practice among corporate institutions to merge resources and manpower to increase profits and overall productivity when doing business alone does not yield expected or desirable profits . One such potentially beneficial merger that was expected to happen was between HDFC Life Insurance and Max Life Insurance. While said merger did not reach completion, Rajesh Sud, Managing Director of Max Life Insurance, admits that it would have been a fantastic business opportunity for both parties involved, should it have been followed through to completion. Max Life Insurance: Background Established in the year 2000, Max Life Insurance Company has emerged as one of the most reputed and trusted private insurance companies in India. Max Life Insurance Company Limited is a joint venture of Max India Limited and Mitsui Sumitomo Insurance Company Ltd. While Max India Ltd is an Indian multi-business corporate institution, Mitsui Sumitomo Insurance Co. Ltd is a general...

The option for filing your tax returns online through the e-filing website can be used by individuals obtaining salary income. Furthermore, it is essential to consider the factor of eligibility for online tax filing India which implies that an individual must be validated by using the ITR 4 or ITR 1 form. You would also be amazed to find the opportunities of filing income tax returns online without the need to download any software or form. It is essential to focus on the unique stage wise procedure which could enable you to address your online tax filing concerns without any additional support. A clear depiction of the online tax filing India steps presented below could act as a promising source for filing the form online, providing the relevant inputs of information and online submission in the final stage with minimal setbacks. 1.   The first step towards filing your income tax returns online involves visiting the site https://incometaxindiaefiling.gov.in/ which is t...

Education is one reason for the development of civilization. Every tradition and culture grows depending upon the knowledge imparted to them through their ancestors. Education is realistic and helps in solving problems in the world in a more simplified manner. Education is learning in which the knowledge, skills, values, benefits and beliefs of a group is transmitted from one generation to another through discussions, teaching, training and research. One can even learn to think, feel or act from their experiences. Education is one of the essentials of investment. Inflation Rate in Education Sector Inflation rate in education sector is constantly growing high. With every passing year, the graph of inflation is growing in education sector. Every parent wants to give the best education to their child, and thus to meet the education needs of your child, it is important to make the right investment at the right time. Insurance is your investment for the future happenings and ensur...