your money News

DDA to pay Rs 50K for wrongly cancelling flat allotment

New Delhi District Consumer Disputes Redressal Forum, presided by C K Chaturvedi, asked DDA to pay the money to one Rekha Raghav, while holding that it did not send the allotment letter to her directly. (Reuters)

The Delhi Development Authority has been asked to pay Rs 50,000 compensation to a woman over a flat....

DDA's biggest-ever housing scheme draw of lots for flats by OctoberMaintain 'Buy' on Axis Bank shares: Nomura
Mutual fund scheme launched for NRI investors in Oman
A new mutual fund scheme for NRI investors in Oman has been launched...

What trusts are and how their income is taxed

The dictionary meaning of 'trust', in so far as it relates to the realm of law, is 'an arrangement' ...

80 lakh target under Swavalamban pension scheme by FY15: PFRDA

Government is targeting about 80 lakh subscribers under its Swavalambam pension scheme...

Inflection point for insurance

The insurance industry is on the cusp of technology-driven changes that will bring in efficiency, re...

Time ripe for insurers to regain lost ground

The green shoots in the economy have thrown open new opportunities for almost all industries in the ...
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LTA exemption doesn’t apply to expenses on travel outside India
I earned some interest income from a post office savings bank account. Can I claim exemption under S...
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The number of shares held by you goes up following a stock split. But is that the only result?
EPFO’s pension trap
The new rules leave the EPFO with only a few years over which its pension scheme can stay sustainabl...
Top up your home loan to meet additional needs
A top-up loan is a bonus to your existing housing loan, provided you have...
Financial planning: No child’s play
Saving for your child’s education requires proper planning. Some handy tips
Five great reads that will teach you how to tackle debt!
Without a proper roadmap, even the best intentions of living a debt free life can go haywire...
Finance Ministry may ratify 8.75% interest rate on EPF next week
The Finance Ministry is likely to give its concurrence next week to EPFO's trustees' decision...
EPFO may launch portable PF account number this month
Retirement fund manager EPFO's ambitious project to provide portable universal PF account numbers...
Credit Card: Cards up your sleeve
The double-edged sword of credit cards calls for precaution and discipline at all stages — even when...
Health Insurance: The good, bad & ugly of family floater plans
Family floater health insurance, as the name suggests, acts as an umbrella of coverage for the entir...
Beware of fraudulent calls in the name of insurance regulator
The Insurance Regulatory and Development Authority (Irda) has cautioned policyholders against a risi...
Borrowing’s alright, but investing needs a push
Housing and infrastructure, which are strategic to the new government’s political and economic agend...
Finance fundamentals for freshers: 8 top points
It is imperative for young adults to familiarize themselves with personal finance tactics to ensure ...
India lost Test series to England, but you can gain: 4 financial lessons
As you can see, there are lessons to be learnt from a defeat as well.
Affluent Indians to up discretionary spending in 2015: study
India is only second to China in terms of discretionary spending by the affluent class, according t...
Editorial: The EPFO disadvantage
Why not free up people to sign up for NPS?
Household financial savings rate inch up to 7.2% of GDP
Household financial savings rates continued to remain low, inching up a paltry 10 basis points to 7....
EPFO to add 5 million members, Rs 50,000 cr after wage ceiling hike
Govt has hiked wage ceiling to Rs 15K per month from Rs 6,500 for mandatory deduction of PF.
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