Page 303 - Personal Finance

Salaried but have sizeable other incomes? You have to pay advance tax

NRIs with income in India above Rs 10,000, post-TDS and tax treaty adjustments, must pay too

Planning to take a home loan? Here are the cheapest rates available

Comparing Home Loan Rates: A comprehensive guide to current offers from public sector banks, private sector banks, and housing finance companies

Over two-third of small-caps have become multi-baggers in the last 4 years

Multi-Bagger stocks mean the stocks that provide returns that are several times the amount invested in them.

How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens

For senior citizens in India, a combination of SCSS, PMVVY, POMIS, FDs, and carefully selected mutual funds can form a robust investment strategy.

80% of all term deposits are in Rs 15 lakh-1 cr ticket size with 1-3-yr duration

Deposit mobilization by banks continued to remain skewed in the 1-3-year bucket and it continues to rise consistently.

Exit small, midcap funds if risk appetite low and time horizon short

Those having considerable amounts of both should rebalance and stay put

I-T dept asks taxpayers to file updated ITRs for AY 2021-22 by March 31

In cases where ITRs for A.Y. 2021-22 have not been filed and the department is in possession of information of specified high value financial transactions, the same also needs to be examined

Bigger the FD, higher the return: Should you lock funds in non-callable FDs?

These FDs do not allow you to withdraw your deposit before the maturity date, which is not the case for callable FDs unless a court order is issued in the event of death or bankruptcy.

FD for senior citizens: Here are the best rates, but should you invest?

Small Finance Banks offer the highest interest rates to senior citizens on fixed deposits

You can now get cashless insurance for inpatient mental health care

Sukoon Health has collaborated with five insurers to offer cashless coverage for mental health treatments, enhancing accessibility and affordability in India

Rs 2 lakh as deduction: How to maximise tax saving with National Pension Scheme

The NPS is used not only to build a sizable retirement kitty but also to reduce your taxable income by an additional Rs 50,000.

73% will stop using UPI if transaction fee is charged, reveals survey

Some platforms or merchants are levying a convenience or transaction fee for UPI transactions

Make your retirement portfolio last longer, withdraw funds conservatively

A recent study suggests a withdrawal rate of 3-3.5%, but financial advisors suggest erring on the side of caution

Narrative is changing about senior care industry: Tara Singh Vachani

Executive chairperson of Antara Senior Care says 'service delivery' has to be the cornerstone of senior care industry

Conservative investors with long-term goals may opt for ESG funds

Their recent underperformance vis-a-vis multi- and flexi-cap funds was due to predominantly large-cap exposure

Planning to purchase a car this Holi? Here are the best loan rates

Banks offer a range of interest rates, starting as low as 8.45 per cent from UCO Bank and going up to 14.85 per cent at City Union Bank.

HUF: The legal hack to double tax benefits and lower your tax outgo

HUF has its own PAN card, and separate returns are filed, ensuring its independence from individual tax liabilities.

Retirement societies spread in cities as elderly seek care and company

As India ages, the market to serve the elderly is expected to be worth almost $18 bn in five years

Decoded: MFs that will be most impacted by Sebi directive on small, mid-cap segments

According to an analysis by Fisdom, schemes like HDFC Small Cap, Axis Small Cap Fund, HSBBC Small Cap Fund, DSP Small Cap fund and Franklin India Smaller Cos Fund carry a relatively higher risk

Managing pension corpus, life in retirement: Top personal finance stories

Our top stories this week tell you how to add years to your finances and the best senior living societies