Personal Finance Print
Lock in higher rate of return on annuities now
With interest rates falling, insurers are likely to reduce the annuity rate. Those aged 50 and above must buy annuity policies at current rates to enjoy high income rest of their life
Non-convertible debentures: Four factors to consider when investing in NCDs
Investors need to consider aspects such as safety, liquidity, diversification and tenure of investment
Life insurance: Strong growth momentum in individual business
HDFC Life, Max Life, Tata AIA, Birla Sun Life & Bajaj Life delivered strong growth in individual APE in July
Stock markets: Know how factor investing works
Allocating investment capital to factors could be a better way to diversify rather than allocating across asset classes as it will help to reduce risk and increase returns
Personal loans are also on floating interest rates
Very few bank loans in India are on a fixed interest rate basis. Personal loans are also on a floating rate.
Health insurance: Towards a simpler customer journey
Regulation has broadened the scope of coverage and made it more inclusive—mental illness and HIV are now under the ambit of health insurance.
Money received from certain relations exempt from income tax
Salary received from all the employers during the financial year will have to be clubbed to arrive at your total income and be taxed accordingly.
Explained: How to choose a term insurance policy
The insurance companies and aggregators offer term insurance calculators on their sites that help in analysing which plan suits you better.
Mutual Funds: To stay invested or exit? Check these four points first
The BSE Sensex is trading lower compared to the 1-year-ago and 3-months-ago levels, while it is flat compared to its level 6 months ago. In the past one year, small cap and mid cap funds have offered
Know the risk inherent in bonds and how to mitigate them
The degree of interest rate risk associated with a given bond depends on the size and timing of the cash flows, interest and principal, from that bond.
Income Tax Return 2019: 7 benefits of filing your income tax return
ITR Filing: Make sure to file your income tax return on or before the due date of August 31, 2019 to avoid penalties.
Your money: Decline in stock prices – Time for some bottom-picking
Investors have a choice of expensive consumption-related stocks as they brace for near-term ructions arising from further escalation in China-US trade issues and HFC-real estate liquidity/credit issue
Motor Insurance: RC needs to be canceled in case of a total loss
The depreciation rate is 15% for vehicles less than one year; 20% for one to two years; 30% for two to three years; 40% of three to four years and 50% in case of four to five years.
Bond Yields: Negative bond yields abroad won’t affect your portfolio
While the movement in equity markets in one part of the world influences markets in other parts, the impact of global negative bond yields on India will be limited
Fixed income: Small savings get attractive as banks cut FD rates
With some debt funds reporting wealth erosion, retail investors are looking at safer avenues such as bank fixed deposits and post office savings schemes to park money
Financial planning: The opportunity cost of a lavish wedding
Instead of splurging on your wedding, it is better to utilise the money to buy a home, travel the world, or just save for a rainy day
ITR forms 1 and 2: Do you know the new norms?
Changes in income tax return forms that you should be aware of as you file returns for FY2018-19
Life Insurance: More customer-friendly products in the offing
Irdai has introduced changes in filing new or modified products and procedures for modifications of the existing products.
Expect another 75 bps rate cut in this cycle
With the current local and global backdrop, and with obvious constraints on fiscal policy, it is reasonable to expect the current easing cycle to prolong.
Model tenancy bill: Rental incomes may get a fillip
The archaic tenancy laws keep rents low, which then prevents owners from spending money on maintenance of buildings.
Deductee can claim credit on TDS on sale of property on basis of Form 26AS
By Chirag Nangia We sold our house in October last year and purchased a new one in February 2019. TDS was deducted by purchaser on the sale and we have deducted TDS for builder. Consideration price of
Know benefits of equity fund-of-funds
When a EFOF manager chooses a basket of equity funds for your money to be invested in, the risk of wrong selection of funds is reduced.
Fundamental or technical analysis: Which is better?
Fundamental analysis is more theoretical as it seeks to determine the underlying long-term value of a security.
To avail Section 54 benefit, construction of new flat should be done within 3 years
I sold a residential property in 2011 and invested part of the long term gain in an under-construction residential property. The delivery was scheduled in October 2013. But there is no progress till d
Strong distribution helps private insurers
Marketing of insurance service is critical and complex due to the periodicity, claims and brand switching costs that affect buying behaviour. Distribution is one of the key determinants of succes.
FD: Why debt market needs to be more liquid
While any investor can open a demat account or a brokerage account and buy shares, the access to bond and money markets is still quite restrictive
Your money: Goal-based investing ensures peace of mind
A good financial plan can put back your financial life on track and help you achieve your financial goals
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