Apart from risks of investing in overvalued stocks, investors at this point of time will also have to look at various constraints of investments, in terms of taxation on equity, liquidity and the time horizon to meet financial goals.
In the current market conditions, maintain asset allocation, stay invested for the long-term, and most important, have rational expectations on returns.
Employers can make this contribution apart from contributing to EPF. However, this will reduce one’s take-home pay, but will save on tax and help create a sizeable retirement corpus for the employee.
Budget 2018: As Finance Minister Arun Jaitley presents the Union Budget on Thursday, individuals—both salaried and self-employed —will keenly watch if he raises the exemption limits from Rs 2.5 lakh, changes the tax slab rates, increases the investment limit under Section 80C, increases the present limit on allowances and introduces new tax-saving schemes.
On February 1, the Union Budget will announce policies for different, niche sectors. Tune a part of your equity investment in companies which may gain. However, do not overlook the fundamentals of a company.
PFRDA has increased the maximum age for joining National Pension System (NPS) to 65 years for private sector and corporate models. The subscriber will have the same choice of pension fund managers as well as the investment choice as is available for other subscribers.
While you may be a helping a friend or relative by becoming a loan guarantor, any default by the primary borrower may land you in trouble with serious financial consequences.
Come December, there is a rush among salaried employees to invest as they have to submit proofs to their employers.
Banks and NBFCs offer travel loans at 12-20% interest rate that fund all travel related expenses such as airfares, hotels, insurance and tour packages. Opt for these if you are short of cash and have no other redeemable investments.
Retirement planning must be a continuous process with an appropriate asset allocation strategy comprising equity, debt, gold, real estate and even alternative investments.
Stock market investment entails some risk. But the risks can be minimised if you do your homework on the company, the sector it operates in, the price-to-earnings ratio and the share price trends before putting in your hard-earned money.
Any discount on the insurance premium, apart from the no-claim bonus, will mean that your vehicle’s Insured Declared Value or the current market value will be reduced and undervalued.
Investment in equity-linked savings scheme should be treated as investment in any diversified equity fund. Rupesh Patel, fund manager, Tata India Tax Savings Fund in an interview with Saikat Neogi says equity is a volatile asset class and it is difficult to time the markets.
Recapitalisation is a positive move from the NBFC perspective as it will give access to credit on better terms and more opportunities to sell bank infrastructure and priority sector loans.
The regulator’s linkage of Aadhaar with insurance policies will be beneficial during claims settlement for establishing the identity of the claimant.
Equity mutual funds have seen positive inflows since 2014 and surged after demonetisation as retail investors switched from physical to financial savings.
PFRDA has increased the charges for subscribers of National Pension System to incentivise points of presence (PoPs) who register subscribers, receive contributions and instructions from subscribers and help in withdrawal requests
The government has allowed banks, including a few private ones, to accept deposits under various schemes such as National Savings Certificates, recurring deposits and monthly income scheme which were earlier available only in
While a subscriber of an NPS Tier II account can continue till the age of 70, he cannot defer lump sum payment on pre-mature exit from the system.
Sebi’s objective is to ensure that investors are given well-defined choices. It has therefore called for rationalisation of schemes, with five well-defined categories of funds and merger of similar schemes.
In order to provide an independent opinion and credibility to an insurance company’s actuarial practice standards and financial standards, the insurance regulator has put draft guidelines for independent assessment of statutory actuarial valuations.
Equity investors have started understanding volatility and are accepting it as an opportunity to create wealth and not only stayed invested, but have also started buying at dips. Swarup Mohanty, CEO of Mirae Asset Global Investments (India), in an interview says this will augur well for them in their wealth creation journey and meeting future goals.
In order to boost real estate sales, the government has extended the period to avail the credit-linked subsidy scheme (CLSS) under the PMAY (Pradhan Mantri Awas Yojana) on home loans for middle-income from December 31, 2017 to March 31, 2019.
Investments are in treasury bills, highest rated money market instruments and cash equivalents. Interest rate risk is low as investments are in papers with maturity of 91 days or less.
The demand for affordable housing in India is growing and has a significant potential for growth. Harshil Mehta, joint managing director & CEO, DHFL in an interview says the government has taken several steps to build a conducive environment for growth of the affordable housing segment. Edited excerpts:
Car-owners can select their insurance cover from the dealer itself as the insurance regulator has allowed all non-life insurers to sell motor cover through auto dealer networks.
As interest rates on savings accounts plummet, one can look at NPS Tier II and liquid funds of mutual funds to park idle cash and earn higher returns with easy liquidity.