Money

Will these open MF FMPs give better returns than FDs? Here is the answer

As the tenure and maturity values of the instruments constituting a fixed maturity plan are predetermined, like fixed deposits (FDs), the FMPs also provide fixed return.

World Tourism Day 2018: 6 money tips for the unstoppable globetrotter

In case you do not want the rising prices to impact your travel plans, then here are some quick tips that will make your holiday cost effective while keeping the excitement level intact.

Small savings schemes can make you a crorepati in a safe way; Here’s how

Most small savings schemes have an upper ceiling on the amount of maximum investments as the government not only gives higher interest rates on such schemes, but also provides tax benefits as well as

Third party car insurance: Latest rates, key benefits and rules

IRDAI has made the long-term insurance cover for new cars and two-wheelers mandatory. Here's all you need to know about long-term third party car insurance.

How building a balanced investment portfolio can make you rich and help retire comfortably

Achieving balance in your investment portfolio is easy. Let your money live in harmony. Balance the investments and witness the magic!

Post Office interest rate table: How PPF, NSC, SCSS, KVP, SMY measure up

Apart from KVP and NSC, other popular schemes like PPF and SMY, where interest rates have been increased by 0.4 per cent on both the schemes to 8 per cent and 8.5 per cent respectively, will also give

Just junk that ‘risky’ debit card; you may still withdraw money, shop online

Once the money is wiped out of your bank, it will be your duty to prove that you are not at fault to claim back the money, while in case of a fraud involving a credit card, it will be the issuer's hea

Workspaces evolving fast with modern age entrepreneurs

The young generation is very passionate towards their way of working and for them smarter workspaces have become a symbol of lifestyle.

Earned foreign income this year? Here’s how you can avoid Double Taxation

Double taxation means taxation of the same income of a person in more than one country. This results due to countries following different rules for taxation.

Income Tax: These three tax deductions that can be reversed

There are tax deductions for long-term investments. If, however, you invest only for the short-term, your tax liability increases.

Mutual Funds: No tax required to be paid on gift deed

A residential open plot was self acquired by my elder brother in 1979. Ground floor was constructed in 1982 and first floor in 1998.

Invest in long-term plans to build retirement corpus

Nowadays, science and technologies are proving that humans can live longer than expected.

Majority of workers earn less than Rs 10,000 per month, says this report

Wages of workers in various sectors have seen a steady growth but monthly earnings continued to be low with a significant segment of the workforce earning less than Rs 10,000 a month, a report by Azim

Your daughter may get Rs 75 lakh at new rate: Know some little known facts about Sukanya Samridhhi Yojana

If a default account is not regularised withing 15 years, the entire deposit will attract the interest rate applicable to Post Office Savings Bank Accounts at the time of its maturity.

PPF Vs MF: How does PPF compare with mutual funds in this rising interest rate regime?

PPF has become more attractive after the recent rate hike. However, is investing in PPF good enough for someone's future or should one also consider other options like mutual funds?

Ayushman Bharat: Who will get Rs 5 lakh health cover under PM Jan Arogya Yojana and what will be covered

It is believed to be the world's biggest health insurance scheme which would benefit over 50 crore Indians. So far, 29 out of 36 states and union territories have agreed to join the scheme.

Great news! Health insurance plans now restore or recharge insured amount even if you make a claim

Many medical insurance companies have introduced new features such as Recharge of Sum Assured along with Restore of Sum Assured. However, are both the dame

Income Tax update: Deadline for filing ITR, audit report extended till Oct 15

Given that it is the first year for I-T filers after the new indirect tax regime came in, many tax practitioners had petitioned for more time.

Mutual Funds: MF managers expect redemptions of Rs 50,000 crore from debt funds in September

Recent liquidity crunch in the system has led to redemptions from the debt funds, especially the liquid funds and ultra short-term debt funds.

Motor insurance: Here is how you can get Rs 15 lakh personal accident cover on buying car insurance

Buyers of new cars and two-wheelers will also now have to mandatorily purchase third-party insurance cover upfront for at least three and five years.

Mutual Funds: Index funds are also subject to equity market-related volatility

Equity index funds invest in stocks by typically replicating a benchmark equity index such as the S&P BSE Sensex, Nifty, etc. They buy all the stocks which are in the benchmark index in the same propo

Good news! You don’t need to be present now to get your KYC done

Fintech is also experimenting with video KYC, wherein via a video app, you complete a liveness check (proof that you’re a living person) through a series of tasks, such as moving your eyes before th

Good news of DA hike! Haryana govt raises dearness allowance by 2%

Haryana government Monday announced two per cent increase in dearness allowance (DA) for its employees on the revised pay scale effective retrospectively from July 1, 2018.

Are you a risk taker or risk averse? This investment plan is everybody’s cup of tea

A wide range of options to choose equity exposure, apart from low expense ratio and tight control over funds, have made NPS a well-accepted product.

Sukanya Samriddhi Yojana becomes more attractive after the rate hike; Here’s all you need to know about the scheme

The government has recently increased the interest rate on Sukanya Samriddhi Account Scheme substantially, which will become effective from October 1, 2018.

How to become rich: 5 signs to know you will become a crorepati one day

Millionaires cultivate money habits and qualities that are a notch above the rest. If you are one among those who are already on the right financial path, you will become rich one day.

Common household debt is at a new high! What easy loans mean for economy & you

With consumers borrowing to buy everything from cars to cell phones, India’s household debt is estimated to have risen to 15.7% of GDP in March 2018, research by Macquarie shows.

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