Guide To Personal Finance

If an insurer wants to deny a claim based on an exclusion, it must provide clear evidence that the incident falls under that exclusion

If you are a conservative investor who invests primarily in bank fixed deposits but wants to boost your returns by 1-2 percentage points, consider investing in a corporate fixed deposit

Annuities show that a 60-year-old couple needs a total of Rs 12 crore to be able to live in a two-bedroom apartment in Bangalore during retirement

Senior citizens get a slightly higher rate of interest on fixed deposits across public and private banks, as well as NBFCs

New investors should consider them for risk reduction, stability and disciplined allocation, not return-chasing

NRIs' overseas health plans may not be accepted in Indian hospitals since they may not have the relevant tie-ups; for such contingencies, it is best to take a local travel health

Learn how grace periods, reduced paid-up options and revival rules work

Partial withdrawal norms for NPS accounts rationalised; annuity mandate at retirement relaxed for smaller balances

Festival season rail travellers can save on return tickets with IRCTC's new scheme, but the offer applies only if you meet the booking rules and travel dates

'Filing a wrong ITR doesn't just stall refunds, it can trigger penalties and scrutiny if not fixed,' warns a tax expert

Group insurance from banks may be affordable and easy to onboard but customers must watch for coverage limits, exclusions, and renewal risks before signing up

Customers may face service interruption if they don't sign agreement after multiple deadline extensions

Instead of chasing past returns, choose a fund with papers of high credit quality

Expect stable accrual-based returns rather than significant capital gains

Invest for more than 12 months to enjoy favourable tax treatment

Understand the risks of the underlying funds and whether their strategies match your objectives

Inflation will reduce value of payout, so invest part of retirement corpus in growth instruments

Passive midcap and smallcap funds offer simplicity and low cost, but investors must weigh the risks including tracking error, volatility, and lack of downside protection

With rains already flooding major cities, insurers advise critical add-ons like engine and battery protection to avoid costly vehicle repairs and ease claim settlement

If promoter demands more than 10 per cent without a registered agreement, halt payments and file a complaint with RERA