Page 50 - Financial Investment

The cost of filing belated tax returns

Returns for income earned till FY12-13 can be filed till March 31. But you might have to cough up a penalty and pay interest on the tax liability

Have you closed the loan completely?

Remember to take important documents like no dues certificate, statement of account and others from different lenders

Is online transaction truly online?

The initial process to commence a financial transaction still requires paperwork and documentation. This will not change until a central repository and common demat accounts are in place

MF retirement scores over NPS

Despite additional 80CCD deduction benefit given in the Budget, pension plans of MFs have more flexibility & better tax status

Taxation: Kuldip Kumar

Good options in low- to mid-end residential property

Hot Spot: Mysore Road, Bengaluru

Stop subsidising real estate purchases

Odds don't favour gold now

But one should hold it in small proportion to hedge against any turmoil in global markets

Tax-saving tips for buying and selling a property

A joint loan while buying is beneficial; make full use of deductions available while selling

Spouse's credit score can hurt your loan prospects

Even if one's own score is good, banks will reject any joint application made with a spouse with a bad credit rating

Insurance policy will pay for cases against officials

But not if fraud is proved, in which case any compensation awarded will also not be covered

Case study

Realty check

Mutual Fund: Nimesh Shah

Will financial redress agency help consumers?

40 years ago...And now: Can't retire with a crore any more

Inflation and asset prices have eroded the value of money. A look at what Rs 1 cr meant 40 years ago and what it means now

Give preference to debt funds

Rebalancing would imply booking some profits in equity. Or, one could consider balanced funds

Guide to mobile trading

Even those with a 2G connection can use the platform

Is your broker misleading you?

NSEL is not the only one to be blamed for the Rs 5,600-crore payments scam. Brokers did no favours to their clients, whose gullibility or carelessness was also at fault

Lessons from market volatility

Diversification and asset allocation can reduce uncertainty and improve portfolio outcomes