Subhash Chandra Gangwar

There’s more to the post office than the little red post box. It is a veritable shopping center of investment products. Not only do they offer returns on par with other fixed income instruments, but are also solidly backed by government assurance – the highest credit rating that you can get in India. Flexibility, easy transferability, tax benefits, good returns - the post office delivers it all.
Post Office Savings Bank-included in the Union List vide item No. 39 of Seventh Schedule of the Constitution of India.
Various Schemes framed by the Central Government under :

• Government Savings Bank Act, 1873,
• Government Savings Certificates Act, 1959,
• Public Provident Fund Act, 1968.

Two non-statutory schemes- introduced through executive orders.
OBJECTIVE :
Small savings schemes are designed to provide safe & attractive investment options to the public and at the same time to mobilise resources for development.
OPERATING AGENCIES :
These schemes are operated through about 1.54 Lakh post offices throughout the country.
Public Provident Fund Scheme is also operated through about 8000 branches of public sector banks in addition to the post offices.
Deposit Schemes for Retiring Employees are operated through selected branches of public sector banks only.

Tax Information

• Tax Information - FY 2013 - 2014
• Tax Information - FY 2012 - 2013
• Tax Information - FY 2011 - 2012

Friend, you are out there at the other end of the Globe. You have your roots in the soil of your own country. Now have a look at the East where lies your own country, your own origin, the cradle of your childhood. Look friends the sun is rising on the east. Your country India is amongst the fastest growing Nations. You are the son of this soil. Take the benefit; drink the nectar, which is your own, your birthright. The insurance market at India is the highest growing financial services and the total premium income is about 24 percent of the GDP growth. This is also increasing. The FDI norm in the Insurance sector is poised to be 49% instead of 26% at present. Who knows, it may be 100% in the coming days when the growth of premium will shoot up to that level! So friends, this is the time for making investments. We have the following plans. You can have the product right from your place. We will get everything done. Only thing required is that you wish to have it and contact us. We are at your service

• Financial security to cover the risk on your life.
• Financial security for couples.
• Insurance plans to guarantee education of your children.
• Insurance plans to provide enough money for your daughter’s marriage.
• Insurance plans to take care of your post-retired days through pension and other retirement schemes.
• Insurance plans to provide periodical payments to meet special needs during lifetime.
• Plans for Housing Loan from LIC Housing Finance Ltd. to build your dream house.

Investing in mutual funds has become the new rage among investors. There are countless new funds that are launched on a regular basis. A variety of funds, each focusing on short and long- term period are easily available. There are plentiful funds obtainable in the market that can find a perfect match to suit your risk.
A mutual fund is an investment, which is operated by an investment company that raises money from shareholders and invests it in stocks, bonds, options, commodities, or money market securities. These funds offer investors the advantages of diversification and professional management.
What are mutual funds?
A mutual fund is a group of stocks, bonds and other investments that are owned by a large number of investors and managed by a professional investment company. The investor buys the units of a particular fund and becomes a part of the mutual fund and participates in the loss and profits.
As a rule, Investors should read the mutual fund prospectus clearly before investing. The reason being, the prospectus clearly defines a fund's investment objective, the investment style of the manager and the types of securities in which the fund will invest. 
How does a Mutual Fund work?
When you invest in a mutual fund, you become the shareholder of the selected mutual fund. The fund manger takes the entire pool of money from all of the fund's investors and invests it in a carefully selected range of investments based on specific goals and procedures that are outlined in the fund’s prospectus.
The fund's value keeps fluctuating from day to day. The NAVs of the funds don’t remain constant. The value of a fund's units i.e. NAVs are updated on a daily basis and are available on the AMC’s website.
Many factors like change in interest rates, economic trends influence the performance of a mutual fund. When you purchase units in a mutual fund, you agree to pay certain fees and expenses in the form of entry and exit load.

United India Insurance Company Limited
United India Insurance is a leading General Insurance Company. We have more than three decades of experience in Non-life Insurance business. Formed by the merger of 22 companies, consequent to nationalization of General Insurance we are head quartered at Chennai.