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    1. Business News
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    3. money

    Page 20 of money

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    4 key takeaways from January 2025 Mutual Fund data
    Explainer: Gross SIP flows may not tell the full story

    GROSS AND NET SIP flow numbers do not offer a like-to-like comparison due to the differences in what they represent.

    August 31, 2024 04:30 IST
    An increasing term insurance plan automatically adjusts the sum assured to match growing responsibilities such as birth of a child or purchase of a home without needing additional policies or riders.
    Future-proof your term insurance plan

    In increasing term plans, sum assured goes up periodically.

    August 31, 2024 04:00 IST
    The loan would be in joint name and the repayment by EMI would be a joint responsibility.
    Go for home loan against assets if you are close to 60 years

    Generally, the tenure of a sanctioned home loan extends up to the borrower’s retirement age.

    August 31, 2024 03:30 IST
    Axis Bank Burgundy Private credit card is also designed for HNIs.
    Plastic money for fine indulgences

    Credit cards for the ultra-rich require an invitation.

    August 31, 2024 03:00 IST
    A retired person would need a guaranteed income every month to lead the lifestyle of their choice.
     Annuity Plans: Defer payouts to get higher income

    Power of compounding ensures a higher pension for the retiree.

    August 31, 2024 02:30 IST
    The government rolled out NPS from January 1, 2004, to contain the pension bill.
    Cost mitigation built into assured pension scheme

    UPS may operate under a pooling model, residual capital may be retained by Govt.

    August 26, 2024 01:40 IST
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    Unified Pension Scheme: How is UPS different from NPS?

    The new scheme assures a retiree 50 per cent of their salary as pension, based on the average salary they…

    August 25, 2024 12:43 IST
    unified pension scheme, ups, ups pension scheme, ups pension, what is unified pension scheme, new pension scheme, ups scheme, unified pension schemes, pension, pension scheme, nps, pension news, nps vs ups, old pension scheme, ops, unified pension scheme calculator, ups vs nps, ops vs ups, ups unified pension scheme, ups vs ops, difference between ops and ups, pm modi, unified pension, pension news today, ups scheme for govt employees, ups news, ops news, united pension scheme unified pension scheme pdf, what is ups scheme, new pension scheme latest news, nps news, nps scheme, what is ups pension, what is ups pension plan, unified pension system, ups pension plan, ups news today, what is unified pension
    Unified Pension Scheme: Assured pensions, inflation indexation – Five key features of the scheme

    The NPS had replaced the OPS on January 1, 2004. Those who joined the government services after this date were…

    August 25, 2024 08:38 IST
    Employees of the Centre will be given an option to opt between the National Pension System (NPS) and the proposed UPS. (Image: Freepik)
    Assured pension back for government staff

    Inflation-adjusted 50% of last drawn salary guaranteed.

    August 24, 2024 23:42 IST
    This covers damages due to natural disasters or accidents.
    Take cover for potential rental income loss

    Given the uncertainties in property management where natural disasters such as floods and other incidents such as fire and structural…

    August 24, 2024 12:45 IST
    When interest rates fall, the transmission will be faster.
    Switch to repo linked loan rate to save on interest costs

    By switching to RLLR, a borrower can save on substantial interest costs.

    August 24, 2024 03:30 IST
    With extended digital frontiers, the legislation in its new form could possibly witness material elements around territorial nexus, source-based taxation and anti-tax evasion measures, said experts.
    Panel report on I-T Act rejig by December

    Tax experts say that the IT Act, in its current form, has witnessed several amendments since its inception making it…

    August 23, 2024 02:30 IST
    This facility reduces the time and effort while providing facilities such as online submission of application, validation of applications and transfer of past accumulations of the member.
    EPFO advanced tech system to be operational in 3 months

    As part of the ongoing IT modernization efforts, Mandaviya has already launched ‘Online Module for Surrender of Exemption’ on 13th…

    August 22, 2024 04:15 IST
    Sectoral funds offer niche investment options.
    Sectoral funds offer niche investment options

    They are also subject to significant volatility & cyclical downturns

    August 19, 2024 01:30 IST
    Tax Talk: Filing tax returns early can be costly
    Tax Talk: Filing tax returns early can be costly

    Form 26AS in June may not have had complete income details of Q4.

    August 19, 2024 01:15 IST
    Ola users can now apply for personal loans of up to Rs 10 lakh directly through Ola app
    Your Queries: Switch from MCLR to repo-linked loan

    The purchaser pays the loan amount first to extinguish the loan and then the balance amount is paid into your…

    August 17, 2024 03:30 IST
    Can you transfer money from your credit card to bank account?
    How to transfer money from credit card to bank account

    One can transfer money from a credit card to his bank account using various methods like online, phone banking and…

    August 13, 2024 12:58 IST
    Home loan refinancing: Transfer balance to save on interest
    Home loan refinancing: Transfer balance to save on interest

    Check if the savings justify the charges and effort involved.

    August 12, 2024 01:15 IST
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