Page 8 - Harsh Roongta

What govt can do to nab tax evaders without hurting honest taxpayers

At present, an individual gets tax benefit under Section 54 irrespective of the number of properties owned by him

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

Harsh Roongta: Credit card default is costly

Borrowers with low credit scores should take secured loans and build up their credit scores faster

Harsh Roongta: A way without the Will

State governments can also do their bit by amending Cooperative Housing Societies Act

Harsh Roongta: Banks and fake currency

Customers don't want to face police investigation and banks would rather avoid extra paperwork

Finders can't be keepers

If you say you found money on the street, tax officials could ask for details of how and where it was found

Mixing insurance with investments?

There are enough provisions that the insurance cover does not expire if an SIP cheque or ECS bounce

Education loans need to be regulated

Public sector banks are major players in this market. There are also specialised companies like Credila and Avanse

Go only for finished flats till May 2017

After coming into effect, the Real Estate Regulation Act will ensure that developers are unable to take home buyers for a ride

How UPI may score over IMPS for making mobile payments

You can even send a collection request if you have loaned money to someone. If he does not approve the payment, his intention would be suspect

Getting emotional about investments will hurt

Many smart investors are unable to admit that their investment decisions may have gone wrong