Money

Sovereign Gold Bond Scheme opens next week: Should you invest? Here is what you need to know

Before you invest, check the prices of previous tranche of the bonds which are available in the secondary market as they could be trading at a lower price and for a lesser duration too.

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Are you aware of these lesser-known investment avenues for tax saving? Check out

The last quarter of this financial year is here. Let’s look at some of the lesser-known investment options that can give you a tax break.

tax saving, tax saving investments, tax saving investments under 80c, tax saving investments 2018-19 , lesser known tax deductions, lesser known investment avenues for tax saving News

Life assured, proposer or premium payer – who may claim tax benefits on life insurance?

Life insurance is a contract through which a person transfers to an insurance company the life risk of a person in whose life he or she has an insurable interest.

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Real estate may witness more modest and sustained recovery in coming years

2018 would also be remembered for the office sector as several key cities recorded high rent quotients and lowest levels of vacancies.

real estate, real estate investment, RERA, GST, real estate recovery, residential segment News

ELSS Tax Saving: What can make Mirae Asset Tax Saver Fund your first choice

Within the scheme's sector allocation, the percentage of exposure to various companies will also play its role in generating future returns.

Money News

How payments bank accounts may help you reduce chances of losses due to frauds, charges

With the rising instances of banking frauds, many people try to minimise online transactions to safeguard the balance kept in bank accounts from getting wiped out by fraudsters.

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Planning to take a car loan? Know how to get best deals from banks

Car loans bridge the gap by giving you the necessary funds to buy your dream car. In return, you pay a fraction of its cost each month in the form of EMIs.

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Better days ahead for real estate investors! GST, demonetisation, RERA now aiding home buyer dream

Having faced a prolonged slowdown, the real estate segment has finally started showing signs of revival.

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4 best tax saving investment schemes for senior citizens

This tax season, let’s look at some hassle-free investment options for senior citizens that can help them build wealth and offer tax benefits.

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Tax on Employee Stock Ownership Plan is as perquisites or capital gains?

Organisations often use ESOPs as a tool for retaining their employees and rewarding loyalty.

Money News

Personal finance: How ELSS is ideal for young investors

The main purpose of ELSS is helping individuals to avail income tax benefits under Section 80C of up to Rs 1.5 lakh a year along with continued growth of fund. Fundamentally, equity investments are su

Money News

Using this digital card will keep your family informed about your life insurance policies; Know how

The major reasons why Life insurance remains unclaimed is because the nominees are not aware of the policy. Recent data says at least 41% of claim intimations are made after 6 months of the death of p

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RBI’s new big move for credit, debit card safety online: No need to reveal card number; How tokenisation will work

Continuing with the efforts to improve the safety and security of card transactions, the RBI has permitted card networks for 'tokenisation' to any token requestor i.e. a third-party app provider.

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Bank of Baroda increases limit for minimum Quarterly Average Balance

In addition to penalties for not maintaining QAB, there are a number of other service charges levied by banks, which range from cash and digital transactions to SMS alert charges.

minimum quarterly average balance, QAB, SAVINGS ACCOUNT, Basic Savings Bank Deposit account, zero-balance News

Relax! Do not blindly exit debt mutual funds; Here’s an investment strategy for 2019

Choosing the right kind of a debt fund is important as along with the credit profile, the maturity profile of the underlying securities of the debt fund will largely determine the performance of the f

debt funds types, debt funds, bank FD, interest rate, investments, mutual funds News

Is your Debit or Credit card details stolen? You might not even know; Take these necessary measures

Though this recent RBI development will relatively bring down the risk of card-skimming and other banking frauds, people, however, should take these necessary measures to avoid falling prey to any of

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How to avoid TDS on bank fixed deposits? Here’s what you can do

Taxes are deducted by the banks on accrual of interest and not on maturity or at the time of payment of interest.

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Finway launches Credit Inclusion Secured Loan to improve CIBIL scores of defaulters

Finway has launched 'Credit Inclusion Secured Loan' to offer a second chance to defaulters to improve their CIBIL scores.

Money News

Good news! Enhanced liquidity, tax incentives make NPS a preferred investment scheme

Earlier, partial withdrawal was allowed only after 10 years after joining the scheme and subsequent withdrawals were allowed only 5 years after one withdrawal.

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Important news for customers of ewallets like PayTm, Mobikwik, others. Big step by RBI to check unauthorised transactions

The Reserve Bank of India (RBI) has come up with a framework for customer protection by limiting the liability in the case of an unauthorised transaction in any Prepaid Payment Instruments (PPIs).

Money News

Wait! Halt long term FD investment plan. Soon, NHAI Bharatmala Bonds may offer high interest rate for 10 years!

The National Highways Authority of India (NHAI) plans to raise Rs 10,000 crore as per the draft document filed with the Securities and Exchange Board of India (SEBI), for public issue of taxable, secu

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Want to invest for 2 years? Here is how you may generate more returns than bank FDs

While 2-year period is too risky for investing in equity MF the money that you need at the end of the period, you will get the indexation benefit only after three years on investments made in debt MFs

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Third party apps: RBI permits card networks to offer tokenisation services

The Reserve Bank of India on Tuesday permitted authorised card payment networks to offer card tokenisation services to any token requestor, or third-party app providers, subject to certain conditions.

Money News

Policy revival is two years from last unpaid premium

Revival or reinstatement of a policy post non-payment of premiums depends on the type of policy and differs from product to product like term plans, endowment plans

Money News

Side pocketing: Here are pros and cons for retail investors

The Securities and Exchange Board of India (Sebi) permitted the mutual funds who have an exposure to troubled assets (such as IL&FS) and certain funds giving negative returns, to use side- pocketing t

Money News

Here’s how you can design a well-diversified mutual fund portfolio

There are so many options in mutual funds that most of the investors are confused which one is right for them. There is no such thing as a perfect mutual fund portfolio.

Money News

Section 80C tax saving tip: Lesser known fact, get full Section 80C deduction without making any investments!

Section 80C of the Income Tax Act permits a taxpayer to legitimately save tax up to Rs 45,000 if his income falls in the higher tax bracket of 30%.

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