Personal Finance Print

Home loans: Flats not delivered? Go to consumer redressal forum

The bank verifies the authenticity of the sale agreement as well as the title deeds. A sale agreement is a contract between the builder and the purchaser.

MCLR,Repo rate, RBI, RBI policy rates, Home loan , MPC , EMI,Pradhan Mantri Awas Yojana, PMAY News

New Year cheer: You don’t have to pay tax while gifting house to your child; here is how

While you or your child do not have to pay any tax on transfer of property, you have to pay stamp duty and register the gift deed.

MCLR,Repo rate, RBI, RBI policy rates, Home loan , MPC , EMI,Pradhan Mantri Awas Yojana, PMAY News

Corporate bonds: You can pick up bonds from primary market

The rally in corporate bonds has not been as much as it takes time for movement in government bonds to percolate to other segments of the market. If you buy now, you will be availing of relatively att

Bond Marke, fpi interest, FPI interest in Indian bond News

Insurer, insured need to be major contributors to the economy

There is hardly any distinct initiative on the part of any company for making insurance a part of the day-to-day life of an individual.

Money News

Nest Egg: Tips to plan your finances in your 40s

At 40, your responsibilities are much more than they were in your 20s and 30s. You need some prudent investments that can help you balance your life goals and your responsibilities.

Money News

Income Tax: You do not have to pay any tax on scholarships

Any kind of scholarship granted to a person to meet the cost of education is exempted from tax under Section 10(16) of Income Tax Act. If your daughter gets scholarship for the purpose of meeting cost

Money News

Unclaimed insurance payout: Know how you can claim it

The information regarding unclaimed amounts needs to be updated by the insurers on their respective websites on a half-yearly basis.

Money News

Government Securities: Are G-Secs better than fixed deposits for retail investors?

Investing in government securities is one of the safer investment options available to individual investors because these are risk-free instruments and provide portfolio diversification and are availa

Money News

Income Tax: You have to invest in Section 54EC bonds within 6 months of sale of property

The investment period in Section 54EC bonds for saving capital gains tax is within a period of six months from the date of transfer of land or building or both.

Money News

Don’t let these four mistakes derail your retirement plans

Do you know what will be the value of today's Rs 1 crore 30 years later? It will be Rs 23 lakh if you consider inflation at 5%. So, in three decades a neat sum of today can become less than one-fourth

Money News

ACC rated ‘buy’; Expansion plan augurs well for prospects

While ACC will benefit from sector uptrend, capex offers a tailwind; ‘Buy’ retained.

acc, edelwiss News

Financial planning: Five ways to shore up your net worth in 2019

If you are in a phase of rebuilding your wealth, rebalance your portfolio or diversify it by reallocating risky investments to low-risk or moderate options.

investment, planning News

Opened Sukanya Samriddhi account for your daughter? Here are must-know facts

Currently, interest rate for Sukanya Samriddhi account is 8.5% per annum.

Sukanya Samriddhi account, money News

Credit cards: Know these ways to reduce your credit utilisation ratio

Lower credit utilisation ratio indicates responsible behaviour with credit, and that you don’t depend on it heavily. This, in turn, has a positive impact on your credit score.

credit utilisation ratio , credit cards News

Insurance Outlook: Near-term volumes to remain weak

In November 2018, private sector individual APE was almost flat as compared to 17-19% growth over the past three months.

insurance, insurance outlook News

National Pension system: Now get tax-free maturity withdrawals; check details here

The government has made the whole 60% of the NPS accumulated corpus tax free, bringing it at par with PPF and EPF, besides raising its contribution to 14% of basic pay and DA for government employees

Budget 2019, Atal Pension Yojana, Pradhan Mantri Shram-Yogi Maandhan, PMSYM,pension plans, Piyush Goyal, National Pension System, NPS, APY News

Your queries: An individual needs insurance cover that is 10-15 times one’s annual income

Price of insurance policies online and offline differs from company to company and from product to product.

Insurance News

Tax talk: Here are rules for TDS on non-residents’ payments

The Central Board of Direct Taxes notification dated October 27, 2018 has introduced the online filing of application for lower deduction of tax (i.e. Form 13) and let’s hope obtaining the certifica

Income Tax News

Here’s all you wanted to ask about PM Awas Yojana and home loans

Carpet area of the house under these schemes should up to 30 sq. mts. for EWS beneficiaries and up to 60 sq. mts. for LIG beneficiaries.

Money News

Home Loans: It just got harder to get a loan from an NBFC

While banks have the same eligibility criteria, it can differ in case of NBFCs. They have different criteria for salaried and professionals and it depends on the income of the borrower and other outst

Money News

Unaccounted cash in bank locker? Taxmen may knock at your door

There is no bar in keeping the cash in the bank lockers but it may attract investigation by the income tax department. Tax officials may require explanation to understand the source of every receipt o

Income Tax News

Investment planning: Factors that determine investors’ risk appetite

A policy statement helps understand an investor’s risk appetite and determine financial goals accordingly

Money News

How external-benchmark impacts loan pricing

NBFCs/ HFCs will need to follow banks to offer floating rate loans linked to external benchmarks

Industry News

LIC needs to strengthen the alternate channels of distribution, says former MD and CEO of LIC of India

First, the distribution effectiveness has to be increased so that insurance penetration improves substantially.

Money News

Income Tax: Minor’s income is clubbed with that of parent with higher total income

Minor’s income is clubbed with that of parent with higher total income.

Money News

Mutual Funds: Your insurance agent may now sell MF, pension products, FDs

The insurance regulator has proposed to relax norms for registration of insurance marketing firms to improve penetration and sell other financial products, too.

Money News

Decoded: How mid-cap and small-cap investors should react to market volatility

This market is going to reward efficiency so focus more on companies with above industry average OPMs. State-owned banks should be avoided as the extent of bad loans and recapitalisation are still not

Money News
Advertisement
Income Tax Calculator, Budget 2019, How to Calculate Income Tax
Advertisement
Advertisement
Switch to Hindi Edition