Funds Instructor have already discussed EPF, that the Employees’ Provident Fund (EPF) is a savings scheme introduced under the Employees’ Provident Fund and Miscellaneous Act, 1952. Now it tells you how to withdraw EPF without UAN It is managed by the Central Board of Trustees (CBT) which is consists of representatives from three parties such as the government, the employers, … [Read more...]
Tips for selecting the Best Mutual Funds
Fundsinstructor helps you to select the best mutual funds. Before selecting the best option of Mutual Fund, it is crucial for investors to identify their Financial goal. Once investors have identified their goals, then they may select the appropriate mutual fund product in sync with their short or long-term financial goals. 1. Tax Liability Tax liability plays a crucial … [Read more...]
Four Basic Key Rules to Consider While Buying A House on Home Loan
Presently, Interest rates on Home Loans offered by Banks and other lending institutions such as NBFCs are at a multi-year low. With a good credit profile, one may get a Home Loan at an interest rate of around 7%. Considering the prices of real estate haven't increased over the last few years, and this could be the right time to own a home for those who live on rent. But, … [Read more...]
Aadhaar not mandatory for birth, and death registration
The Registrar General of India (RGI) has clarified in a recent reply to an RTI request that the provision of Aadhaar is not mandatory for the registration of births and deaths. As per the RGI circular cited in the RTI response that If Aadhaar is provided voluntarily, it must not be printed on any document or stored in any database of births and deaths in full … [Read more...]
How to read your NPS Statement?
Investors get a transaction statement by email every month like the consolidated monthly account statements for their investments in shares and mutual funds, and the statement tells them how their NPS investments fared. Sometimes investors opt for online transactions while investing in NPS and the monthly statement sent to them can be used for record-keeping. Here Funds … [Read more...]