Can I be a billionaire by writing a blog?
Nice question without further discuss about it, My answers is “ YES “.Yes, you can. But it will take time and effort. And to be honest, you need to build a kind of an empire because you can do it all alone by yourself.Yes, it is possible you can make million dollars from your blog. There are many top earning blogs in the world who makes millions dollars every single month from their blogs. Just for inspiration and motivation check this :50 Top Earning Bloggers Who Make Money BloggingHere I discuss about the world top earning blogs and the world most amazing, inspirational and successful bloggers who make money online from their blogs and now they become a billionaire and millionaire.If you don’t know how to make a successful blog then don’t worry solution is here :How to Start a Blog in 2017 - 8 Steps Beginner's GuideSimply start your own blog writing the unique, fresh and valuable contents who readers like. When visitors comes to your blog you can make money from them.There are many methods to make money online from your blog like affiliate marketing, PPC advertising, CPM Advertising, Selling Products, Banner Advertising etc and many other more.Like Mrinal Dev Said that :Yes, you can become billionaire by writing blogs. But, this will take much time. If you develop one skill, content marketing. With content marketing you can become billionaire with less time. The blog which you will be writing for others will be used by them for their own purpose. More or less all blogger market their blog and do sort of thing by which they can monetize their blog. If you learn content marketing and also about monetizing your blog. Now with this skill you will be writing your blog at the same time you will be promoting also. Further you can monetize your blog.So it is possible to become a billionaire by simply writing a blog. I’ll always tell two main thing about blogging which is my own personal quotation :“ Blogging only about two things : "Passion" & "Patience" if you don't have then don't start it.”To Your Blogging Success ! ! !Aamir Saleem Ansari
Are there any tax or savings benefits from life insurance?
Not All Insurance Payments are Tax Free:Many people fail to understand that not all insurance payments are tax free. People in their quest to save tax usually end up buying a lot of unwanted insurance products. All insurance agents may not tell about this, as a lot of mis-selling happens in insurance products.While premiums paid for life insurance policies are exempt from tax up to a maximum of Rs 1 lakh under Section 80C of the Income Tax Act, Section 80C encompasses investments from all the sources including life and health insurance premiums, investments in PPF and pension schemes to a ceiling of Rs 1 lakh per annum. For individuals paying premium more than Rs 1 lakh for multiple policies the apparent tax benefits may not be possible.Change in Law for Tax Deduction Eligibility:The change is law with the introduction of the Direct Taxes Code (DTC) has laid down stiff conditions for deduction of premium from taxable income from insurance policies. Under the new regulation, any insurance policy offering a life cover of less than 10 times the annual premium is not eligible for tax deduction. For example if the premium of an insurance policy of ULIP is Rs 30,000, then the policy must offer life cover of at least Rs 3 Lakh to be eligible for tax deduction. In case the above mentioned pre condition for tax benefits is not met, even the income earned from the policy will be taxable.Low IRR:Considering the new direct Taxes Code (DTC) allowing insurance policies offering a cover of 10 times the annual premium to be eligible for tax rebate, the internal rate of return or IRR has also reduced substantially. For a cover of Rs 25 lakh, a user would need to spend a minimum of Rs 2.5 lakh a year. Considering the IRR for a 10 year period, the average internal rate of ireturn comes to a sluggish 5.75 percent which is far lower than other investment options like Public provident fund and bank fixed deposits.Relief Offered for People with Disease or Disability:While as per the older direct tax code (DTC) all insurance policies issued on or after April 1, 2012 must offer at least ten times the annual premium to be paid for tax free status, exceptions are being introduced for people with disability and those suffering from disease or ailment as specified in the rules made under section 80DDB.