Page 7 - Harsh Roongta

WIll SBI's loan revive trust?

In SBI's scheme, the buyer pays only the down payment. The developer pays the interest during the construction period

Gold is old

In most schemes, where the monthly investment is a fixed amount, investors run the risk of the price of gold rising during the tenure of the recurring deposit

Now, seller returning cash to realty buyer

The government needs to make the method of calculating the ready-reckoner rate for each locality completely data driven and transparent

Confidence in financial sector at stake

IL&FS, DHFL and PMC Bank scandals have left people apprehensive about financial institutions

Tax benefit to cooperatives should go

Return to societies from cooperative banks is almost double that from commercial banks

What will happen in the stock markets?

In most versions of the VIP strategy, the SIP amount will be varied depending on an objective parameter such as returns obtained

Budget 2019: A comparison with tax rates in advanced economies unjustified

The NPS exemption has been increased to 60% as promised earlier

Fence paradox and debt-market crisis

As recent incidents show, triple A ratings can turn to default in less than a year

Can we eliminate tax terrorism?

The tax department itself has marked 94 per cent of all direct tax arrears as "demand difficult to recover"

Solutions to lack of transmission

Make it mandatory to link savings bank interest rate with an external benchmark. Banks should also make public details of how they calculate their MCLRs

Employee benefits have turned into taxes

The government should convert "taxes" into real benefits. It should also pay for them on behalf of those in the lowest rungs

Aesop's fable revisited in banking sector

The apex bank has already prescribed a deadline for the implementation of new benchmark rates from April 1

Tax terrorism is thriving

There are cases of taxpayers being forced to pay 20 per cent of disputed demands

Will EPFO hold you hostage?

EPFO should let the subscribers decide how they want to invest and also allow the government to tax early withdrawals

Why new home loan borrowers should choose banks over housing finance firms

Existing borrowers of housing finance companies pay a higher interest rate compared to new ones

Mis-selling insurance products: The bank fraud no one is checking

Kumar's case is not isolated, and public sector banks aren't the only ones to blame. Private sector banks are no better

EMI change can be the default option when rates rise or fall

Now with the scams tumbling out, the pressure on banks' balance sheets will only increase

Is there a Rs 1.25-trillion hole in the EPS?

A 2016 ruling by the Supreme Court has removed the maximum ceiling on pension

What ails National Pension System?

Over 90 per cent of subscribers in NPS are government employees. The rest invest to get tax benefits

Budget: These tax changes discourage investments in multiple properties

Yet it encourages first-time home buyers to buy rather than live on rent