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ANNUAL ENDOWMENT INCOME
He left school after class 7, arrived in Mumbai at 15, with Rs 24 in his pocket. Today, he earns Rs 25 LPA per annum. Who is Munna Thaakur?From Akola with just Rs 24, Munna Thakur's journey to becoming a celebrated celebrity photographer is a testament to grit. He overcame imme...
ET Alpha Wealth Summit Fireside | Patience, allocation & compounding, not social media tips, only reliable path to a ₹100-crore portfolio: Radhika GuptaRadhika Gupta of Edelweiss Mutual Fund emphasizes patience and disciplined compounding for wealth creation. She advises investors to accept...
Wars, recessions, political crises, market crashes. Warren Buffett’s advice on each of themWarren Buffett made a prediction in the mid-1990s he knew would come true: Berkshire Hathaway's future returns would fall short compared to...
IRDAI misses to measure average sum assured per policyholder in its annual reportWhen IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect maximum premium pe...
Harvard clash with Trump, new tax may cost $1 billion a yearHarvard University faces potential annual losses nearing $1 billion due to federal actions, including a tax increase on its endowment. Pres...
Tata's 130-year-old foreign education fund gets relief as I-T tribunal reinstates its tax-exemption statusThe Income Tax Appellate Tribunal (ITAT) ruled on Tuesday that the JN Tata Endowment (JNTE) for higher education abroad would continue to e...
Temple Bill passed in Karnataka Assembly again after its defeat in CouncilA bill that sought to collect funds from temples with over Rs 10 lakh annual income, which was defeated by the opposition BJP-JD(S) combine...
No diversion of temple funds, let BJP leaders read law first: Ramalinga Reddy, Karnataka Minister for Transport & Muzrai"The government would use the money from the common pool fund only for the religious purposes of Hindu religious institutions ever since th...
Is this the time to look at endowment plans? Deepak Yohannan answersEndowment plans are a safe mode of investment for individuals who are willing to stay invested for long periods of 12 to 13 years and seek ...
Netflix joins hands with Howard University to establish $5.4 mn Chadwick A Boseman scholarshipThe scholarship was established with the support of Boseman's wife, Simone.
Equities vs endowment life insurance plan: Where should I invest?Every week, guest experts answer queries from readers of ET Wealth on various topics ranging from tax to investments to insurance and more.
How can a US-based NRI invest in mutual funds in India?Several Indian fund houses have stopped accepting applications from NRIs based out of the US and Canada, owing to strict provisions of the ...
Answers to your insurance queriesSnehil Gambhir, COO, Aviva Life Insurance answers your queries related to insurance sector.
US colleges could lose tax-exempt status if they don't use endowment income for aidAlmost 100 endowments with assets of more than $1 billion would be required to give that percentage to lower college costs for middle and l...
Financial settlement is a personal matter, has no effect on funding: CIFFThe foundation, says, "It's business as usual. The foundation is not party to court proceedings. The financial settlement is a personal mat...
Tata AIA Life launches new plan 'Secure 7'Tata AIA Life today launched a new plan that provides income protection with the added advantage of guaranteed returns.
- Tata-AIA Life launches a guaranteed endowment plan
In line with the recent trend in the life insurance space, the product is a non-linked plan offering guaranteed maturity benefits.
- Launch: Future Generali's Secure Income
Future Generali Life has launched a traditional endowment-cum-money-back plan called Secure Income.
- Bharti-AXA Life launches monthly income plan
Last few months have seen several life insurance companies launching traditional endowment plans, unlike earlier, when Ulips (unitlinked in...
- IDBI Fortis Life launches new incomesurance product
IDBI Fortis Life Insurance today launched 'Incomesurance Endowment and Money Back' plan which declares in advance an additional guaranteed ...