Discover and read the best of Twitter Threads about #ULIPs

Most recents (3)

Just a month into the new year and we already see some new myths floating around Financial Planning.

In this thread, we aim to debunk some of these myths & take a look at how financial planning can help you, the reader! (1/n)

#financialplanning #FinancialFreedom #MythVsFacts
Myth #1 Financial Planning is Only for Rich People

At their core, a good Financial Planner helps YOU achieve YOUR GOALS. Everyone has goals, not just rich people.

A good financial plan will help map your goals & help make your 'plan' a reality. (2/n)

#financialgoals
Myth #2 I am too old/ too young for a Financial Plan

Age is no bar. You are never too young or too old to have a proper financial plan in place. Planning can help people build wealth over a period. (3/n)

#FinancialFreedom #financialplanner #retirementplanning
Read 8 tweets
A Thread 🧡80 C Deduction of Income Tax.

Must read for everyone.

A Simple way to to save tax upto Rs. 46,800 each year!

(RT to maximize reach.)

@caniravkaria @CAPratik_INDIAN views welcome πŸ™

#IncomeTax #Tax #ELSS #TaxSaving #Investing #TaxPlanning
When the month of March starts or is about to end suddenly everyone remembers one thing #TaxSaving ...

This is where #TaxDeductions come into picture.

Deductions allowed under the #IncomeTax act help you reduce your taxable income.
Deduction under Section 80 C is a popular tax deduction section which allows you to claim a deduction of Rs 1.5 lakh on your total income.

By completely utilizing this deduction limit, a person can save tax upto Rs. 46,800 each year! (For person
falling in tax bracket of 30%).
Read 20 tweets
Thread 🧡on Types of #LifeInsurance Policies in India

Must read for everyone, especially youngsters....

(If you like then please re-tweet to maximize reach)

#InvestmentPlanning Image
As promised earlier, I have made this tread explaining basic types of #LifeInsurance policies in #India

1. Term Insurance
2. Endowment Insurance
3. Whole Life Insurance
4. Money-back Plan
5. ULIP

Tweets below will explain all these types of Life Insurance Policies ... πŸ‘‡πŸ‘‡πŸ‘‡ Image
1⃣ Term Insurance - It is for a specific period of time and has lowest premium among all types of insurance plans.

Premium of #TermInsurance policy once fixed does not increase during term period of the policy.
Read 12 tweets

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