Under base health insurance policies, the claims are paid upto the sum insured limit opted whereas under super top-up plans, the claims are paid only if the claim amount exceeds beyond the deductible option opted for.
There is a case for some further policy rate easing in the Oct 4 RBI Policy review, driven by real positive interest rates, inflation being within target and GDP growth being sub-optimal. As and when the interest rate cycle turns, which is some time from now, existing investors may take a switch call
Making up your mind about how, when, and where to invest is quite tricky.
After tasting success in the domestic market, the start-up is now in talks with international partners for global expansion
Starting with writing the policy statement, then determining an investment strategy to constructing a portfolio of assets, the portfolio management system ends with continual monitoring of the investor’s needs and capital market conditions
Credit cards have many advantages over other modes of payments. Although undisciplined swiping of a credit card can land you in a debt trap, its smart usage has several financial benefits.
An application can be filed with the concerned assessing officer, requesting for the issue of refunds for the AY 2012-13.
In case the house acquired with a home loan is sold within five years from the end of the year in which possession of the house has been taken, all the deductions allowed on principal amount under Section 80C in the earlier years shall be withdrawn.
With demonetisation came the urgent need to transact cashlessly and digitally.
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.
Brokers and dealers work closely in many cases. Some entities work as agents in certain transactions and as dealers in others. They are termed as dual traders.
As such, you need to determine the cost based on the new methodology, i.e., the actual cost of previous owner or the fair value of the property as on April 1, 2001, whichever is higher.
Any investments made on the basis of a high near-term performance is fraught with the risk of an impending downturn. It is hence critical to examine the base case for investment in bull markets.
The best option would be to go for a comprehensive insurance which covers both contents and structure. In the case of home insurance, the size of the house, locality, etc., will determine the sum insured and cost of insurance.
The Income Tax Act provides that losses can be carried forward only if the return has been filed within the time prescribed under the Act.
During the tenure of a life insurance policy, the customer experiences several moments of truth, which must be graced with due empathy. Sadly, the ground reality is far from the desired standards of professional and ethical market conduct.
Transfer your current car’s insurance to a new car for balance period of policy on payment of premium difference
The Centre has recently approved an amendment that seeks to increase the maximum limit of gratuity for private and public sector employees fromRs 10 lakh to Rs 20 lakh. Here’s how you will benefit
Under the income-tax law, short term capital losses can be adjusted against both long-term as well as short-term capital gains. There is no order prescribed for setting off of such losses.
With life insurance companies looking at raising money from the primary market, here are some risks investors should look at before writing the IPO cheque.
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:
Commercial banks are institutions that mobilise deposits and make loans and advances. They constitute a key component of what is termed as the indirect financial market.
SIPs allow an investor to deploy the principle of rupee cost averaging to take advantage of market volatility.
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 we settle into a low interest rate environment, we may be better-off deliberating beyond fixed deposits (FDs) as an investment destination.
YourNest is an early stage venture capital fund that invests in the new connected economy represented by the Internet of Things, electronic system design, artificial intelligence, advanced robotics, enterprise software and the mobile internet. Sunil K Goyal, managing director and fund manager, YourNest, talks about trends in the Indian start-up space and how YourNest is promoting and engaging with them.
Wearing designer clothes that don’t empty out your bank account is perhaps the dream of many a youngster, especially during festival times or the wedding season.