Money matters: Finding funds for your new venture

Today’s generation is felicitated for its ambitious, go-getter attitude and its courage at not letting financial constraints stand in the way of career goals.

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Here is how balance transfer can reduce your credit card woes

A credit card holder can avoid paying high interest on outstanding credit card balance by using the balance transfer facility of another card of a different bank.

credit card, EMI, bank, PAN, credit limit, balance transfer

Income Tax: Only co-owner who repays loan can get tax benefit

Ordinarily, the benefit of housing loan for repayment of interest and principal is allowed to the person who owns the property and is actually repaying the loan.

income tax, tax benefit, ITR, tax returns, loan, loan repayment, house loan, spouse loan

Portfolio forward returns will be driven by sectoral allocation and stock selection

Insights from comparing the Nifty 50 with the CNX 500 excluding the Nifty 50 show that while the Nifty 50 has grown profits at 9.7% CAGR over the past three years, the CNX 500 excluding the Nifty 50 h

Portfolio, Nifty, Nifty 50, Sensex, CNX 500, PAT, CAGR, foreign investors

Stakeholders should work for Rera implementation, says urban affairs minister Hardeep Singh Puri

State governments, real estate developers and agents as well as homebuyers should work towards negating the efforts for sabotaging the implementation of the Real Estate (Regulation and Development) Ac

Hardeep Singh Puri, RERA, real estate, housing, urban affairs, homebuyers, maharera conciliation

Subhash Chandra Khuntia appointed as IRDAI Chairman

Former IAS officer Subhash Chandra Khuntia was today appointed as the new Chairman of IRDAI.

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Alkem Laboratories Rating: Correction has factored in concerns on Daman

The Daman inspection outcome remains a concern. We factor in lower US sales to factor in delayed approvals and, accordingly, reduce EPS estimates for FY19F and FY20F by 13% and 9%, respectively.

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LIC Housing Finance Rating: Quarter was in line with expectations

LICHF reported Q4 PAT of Rs 5.4 bn, flat y-o-y, in line with our estimates. AUM was in line, but NII was 2.5% ahead due to slightly better NIMs. This was offset by higher costs.

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Give landlord’s PAN to employer if year’s rent above Rs 1 lakh

There is no requirement to quote PAN of landlord while filing ITR. Considering you are a salaried assessee, PAN of landlord must be furnished to the employer as aggregate rent paid for the year is abo

pan, pan card, pan details, rent, income, personal finance, money

Mutual Funds: Know how to build a diversified MF portfolio

Mutual funds have been rising in popularity as the preferred choice for investors to meet their future goals. However, to make the most of the benefits of mutual funds, an efficient and well-diversifi

mutual funds, balanced funds, tax gains, taxation rules

Post Office Fixed Deposit or Post Office Recurring Deposit? Which one is the better investment option for you

Are you one of those who keeps planning to save money by means of various options but unable to find out which scheme is the best suited for you?

Facing financial problems? Here’s how to pay life insurance premium and some more tips

Most home loan providers offer a life insurance cover along with the loan taken with single premium option being commonly available.

Pay premium from the bank account registered with your insurer

Here’s how you can file an overseas travel insurance claim

Insurers are leveraging technologies like blockchain to proactively initiate the claim process and to notify customers about their payout eligibility under trip delay cover.

Many a time customers may be equipped with the ideal travel insurance plan, but are unable to file the claims with the insurer in due time and with proper documentation.

Investment tips: How individuals can buy public issue of bonds

The best scenario for your participation in public issue of bonds is if you can match the tenure of the bond with your cash flow requirements

The bond market in India is essentially wholesale, where you need a certain minimum amount to participate.

5 sales pitches by insurance agents you must not fall for

The insurance salespeople at most banks are smarter and paint an extremely rosy picture of the policy to get your premium. This is why customers have to be doubly sure.

insurance, insurance agents, ULIP, insurance sales, investment 

RERA: Only three states have permanent regulator

Only 14 states have functional web portals, and just 20 have notified the rules. However, all the seven Union Territories have notified them.

Only 14 states have functional web portals, and just 20 have notified the rules. However, all the seven Union Territories have notified them.

Private insurers saw high growth again

Their market share grew to 56% in FY18; premium growth in March was muted owing to a strong base

Indian insurers’ premiums grew 19% y-o-y in FY18 vs. 21% y-o-y last year.

Disappointed with your appraisal? You may be better off than 50% denied pay hike last year

According to a survey conducted by job site Indeed on employees across industrial sectors in India, more than half of the respondents stated that they had asked for a hike in the previous year, while

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Term Insurance: Why you should buy a term plan in April? Here are the reasons

A few studies suggest that if you want to invest in a term insurance plan, then April is the right time to do so. Why?

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Under-reporting or misreporting your income to I-T Department? Here’s how taxmen can penalise you now

The I-T Department has recently issued a cautionary advisory to all the salaried taxpayers to report their income correctly. However, are you aware about the penalty also in case that is not done?

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Financial Planning: Millennials, start planning for your financial goals now

Starting April, millennials should create a plan to put their finances in place over the next 12 months that will take care of household budget, emergency needs, protection needs and even an investmen

The new financial year begins in April and all, especially millennials, should take this opportunity to bolster their finances and shape up their financial position.

Here are 5 simple steps to reduce your debt quickly

The more you use your credit card while you’re in credit card debt, the quicker your interest payments will increase, pulling you into a debt trap.

If you have a steady flow of monthly income, repaying your debts is rarely a challenge.

Bank holiday alert! Why you must finish your this month’s bank work by tomorrow

Bank holidays in April 2018 in India: Now brace for another long weekend as banks will be closed continuously for 3 days in most parts of the country

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Public Provident Fund: What to do when your PPF account matures?

A PPF account matures at the end of 15 years. The question is what are the options left for you when your PPF account matures?

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One year of RERA: 4 ways RERA has simplified homebuyers’ journey

With RERA in place, the home buyer community can now hope for a simpler and risk-averse journey. Here's how RERA has impacted the real estate market in India.

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Tax benefits on education loan and fees; here’s all you need to know

The government provides some relief to taxpayers by allowing various tax benefits on education loans and fees. Find out how can you avail such benefits.

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Bank deducting TDS on FD but not depositing with government? Here’s how to check

Banks are required to deduct TDS on FD interest as per income tax provisions. However, how to find out whether the TDS deducted is accurate and has also been deposited with the government on time?

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Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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