Benefits and Shortcomings of Systematic Investment Plan (SIP)

Systematic Investment Plan (SIP) is a Mutual Fund Investment where one can make periodic investment in small amounts. This helps the investor as they don’t have to put in a lumpsum rather they can invest periodically with lesser amount. SIP helps you to plan and manage your investments more efficiently. Since you have to make periodic investments it also protects you from the sudden downward fluctuations in the market.Let’s look at some of the Benefits and Shortcomings of SIP.Systematic Investment…

Micromax Canvas A1: An Android One Device

Google in association with few of the Domestic Manufacturers have decided to launch a series of budget Android One devices. These devices are mainly targeted towards attracting entry level buyers who want a phone with latest OS updates. It is being observed that Nokia does roll out latest Windows OS updates even for its budget end devices but it is not the same with Android run manufacturers. So to address this issue Google came up with the Android One concept.Initially,…

HTC Desire 820: An Impressive Mid Ranger

HTC Desire 820 is one of most exciting upper end mid range phone (Rs 24,000/- to Rs 30,000/-approx expected) to be launched in November,2014 and seems to be an exciting proposition considering the features on offer. The phone will be powered by a 64 bit processor which promises to manage the RAM usage even better and make our Android experience even better. However, experts claim that true potential of the 64 bit processor could be felt more on the latest Android L…

LG L Bello: Midrange Smartphone

LG has just launched their new midrange Android phone LG L Bello @ Rs 15,000/- ($255 approx). If you look at the spec sheet you won’t find anything spectacular or different from any other Midrange Android phone however it comes from one of the Tier 1 brand and for people who want a good after sales service this just may be the choice. On hardware front the phone is pretty ordinary by present standards but has got some features which may…

Universal Account Number (UAN): Registration and Subscribers Guide

Universal Account Number is launched for Provident Subscribers who have contributed to the fund between 1st January,2014 and 30th June,2014 and beyond.Employers have been seeded to complete the KYC for their respective employees. Employees are required to submit copies of documents like PAN, Passport, Voter ID Card to complete the process.Following which Employers will be provide their respective employees with the UAN.Subscribers to the EPF can follow the links provided below to check their UAN status and also find the…

Employees’ Provident Fund (EPF) Portability: Universal Account Number and its Features

I have posted about EPF in my previous article which you can follow through the link provided below. Here I will discuss about the newly introduced EPF portability (UAN and its Features). Universal Account Number (UAN) will cover all the subscribers contributing to Employees’ Provident Fund Scheme. This system will benefit approximately around 41.7 million subscribers to EPF. This drive is initiated as part of the Social Security and Labour Reforms which would benefit the Individuals and protect their long…

How does the Amendments to the Statutory Benefits Affect Employees: An Illustration

The Government of India (Ministry of Labour & Employment) recently issued notification regarding the amendments to the Employees Provident Fund Scheme,1952 (EPF),Employee Pension Fund,1995 (EPF), and Employees Deposit Linked Scheme,1976 (ELDI) which came into effect from 1st September,2014.The changes were aimed at improving the social security provided to the employees. The changes are Employee friendly as more employees will be inducted into the EPF and EPS scheme. The amendments ensured that minimum Monthly Pension for retired employees be fixed at…

Amendments In Statutory Benefits For Employees’ And It’s Impact: Provident Fund, Pension Fund, Deposit Linked Insurance

The Ministry of Labour Laws by notification dated 22nd August,2014 amended Employees Provident Fund Act,1952 effective 1st September,2014. You can read about Employees' Provident Fund in the link given below.Universal Account Number (UAN): Guidelines for SubscribersWithdrawals and Advances Under Employees' Provident Fund SchemeEmployees' Provident Fund SchemeThe highlights are as follows:-Amendments with respect to Contributions to the Employee Provident Funds (EPF)The wage ceiling of Rs 6500/- has been raised to Rs 15,000/- for the purpose of calculating the EPF. Thereby all the employees…

Samsung Galaxy Grand Prime: Impression

Samsung has recently launched Samsung Galaxy Grand Prime in India and it can be regarded as the successor to their kind off successful phone the Galaxy Grand Duos and Grand 2 Duos. The mid range phone market has become a competitive market with Motorola bringing in the Moto G (highly successful) last year and following it up with Moto G2 ( also a very good phone) this year. It is based on the 64 bit architect chip and uses the…

Midrange Smartphones: Which One is the Best?

Smartphone market is getting really competitive with entry of some new brands that are providing phones with great specification at a very reasonable price and are giving the established brands a stiff competition. Here we would look at some of the midrange devices which you can possibly buy.Mid range phones are considered to be the bridge phones between the Low end phones and high end phones. From 2013 we have seen that Mid range phones have undergone a lot of…