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Youtube Channel - Anshuman Sharma This guy provide personal finance advise to people by understanding there current situation. Check his channel when free. For any query write us - FINNowledge@gmail.com Whats App - 701532924

What is the best fixed income option for 80C investments? PPF? NSC? Tax saver FD? None of them. The answer is VPF. VPF is a voluntary provident fund. It isn't the same as EPF, which is mandatory. VPF is voluntary and only available for salaried people. Why is it better than other options? Interest rates currently: VPF: 8.1% PPF: 7.1% NSC: 6.8% Tax saver FD: 5.5% Lock-in: VPF: 5 years PPF: 15 Years NSC: 5 Years Tax saver FD: 5 Years Tax on interest: VPF: Tax-Free up to ₹2.5 lakhs PPF: Tax-Free NSC: As per your tax slab Tax saver FD: As per your tax slab Withdrawal in case of emergency: VPF: Anytime PPF: Allowed after 5 years NSC: Not Allowed Tax saver FD: Not Allowed On all the points, VPF is a much better option than others; still, only a few people know about it! Keep in mind that interest on contribution to EPF+VPF above 2.5 lakhs will be taxable. So, if you are looking to invest more, make sure you consider this. How can you contribute to VPF? Easy: Make a written request to your HR. If you are investing or looking to invest in PPF/ NSC/ Tax saver FD, Think again! VPF is the best fixed income option for 80C (At least up to ₹2.5 lakhs) Source - Ajinkya Kulkarni Linkdin @FINNowledge @FINNowledgeIPO @FINNowledgeTrading #personalfinance #80C

https://www.thehindubusinessline.com/companies/invesco-india-hit-by-slew-of-resignations-after-whistle-blower-allegations/article66031616.ece Mutual Fund - Beware

If you have health insurance from your employer, don't forget to port it when you resign. It is similar to mobile number portability, and you must know about it. So health insurances have a condition around the waiting period. That means you must wait for a certain time before claiming costs for some diseases. Suppose you get diabetes, you can claim costs after three years of buying the policy. Now, if you resign from the job after three years and you have ported the policy, you are already covered for diabetes. Remember, even if you join another company which gives you insurance, the waiting period has to start from zero. To avoid this, you can port the policy to an individual policy and have cover from day 1. You have to port it 45 days before the renewal date/ last working day. ( link to an article in comments on how to port). But the insurance company has the right to define premiums and other terms except for the waiting period. If there is some pre-existing illness, they might even reject the porting request. The best way to avoid this is to take an individual health policy and continue it regardless of employer health insurance. Source - Linkdin Ajinkya Kulkarni @FINNowledge

Recording of Session on Personal Finance - Who not able to join due to busy schedule https://youtu.be/ydlyK_G4LWk

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Govt hikes interest rates on Senior citizens Savings Scheme. Interest on Provident Fund remains unchanged! @FINNowledge

Personal Finance Gyan:- Unit Linked Insurance Plan (ULIP):- Combines insurance+investments Lock in:- Have a lock-in of 5 years Low Insurance Cover+High Premiums! Rather Buy a simple term plan+Mutual funds for investments @FINNowledge

Some Simple Financial Rules @FINNowledgeIPO @FINNowledgeTrading

Who not able to join due to office. We recorded the session and edited the same. Topic Cover 00:00 Intoduction of Speaker 01:47 About Iniital Public Offering 02:55 Timeline of IPO 05:37 IPO Selection 12:12 IPO Allotment (Retail Vs HNI) 19:30 Listing Day Strategy 24:24 Q&A Must watch and ask question in comment. Do subscribe if like content https://youtu.be/oUZ1wx8VvAM

Teams Webinar How to Earn Money through IPO? - About IPO - IPO Selection - IPO Application - Retail vs HNI Category - Listing Day Profit Booking Teams Link to Join - https://teams.live.com/meet/9588267800930 Day - Saturday Date - September 17, 2022 Time - 01:30 P.M to 03:00 P.M (IST) @FINNowledgeIPO