Page 398 - Personal Finance

Suffered income loss? Opt for an interest-only home loan facility

Remember the reprieve you earn from paying full EMI comes at a price

Of 62.6 mn income tax returns filed for FY21, 45 mn processed, says CBDT

More than 5.41 crore income tax returns (ITRs) filed have been verified and 1.58 crore refunds amounting to Rs 31,857 crore for AY 2021-22 (2020-21 fiscal) have been issued

Geopolitical tensions, global inflation to put shine on gold

Keep an eye on real interest rates: if they move up, gold may lose its sparkle

Home insurance policy: Buyers, now get ready for structural audit

Fortify yourself further by purchasing adequate insurance cover for the building and its contents

EPFO to take call on interest rate for 2021-22 in March meeting

In March 2020, EPFO had lowered interest rate on provident fund deposits to a seven-year low of 8.5 per cent for 2019-20, from 8.65 per cent provided for 2018-19.

Huge rush for Small Savings Schemes in FY22 amid falling bank FD rates

Take into account tax benefit and payout frequency as well when selecting a scheme

Insurer can't change policy terms unilaterally

The National Commission pointed out that when a change in policy terms is made without a fresh proposal, the insurer must get the insured's consent

Pay heed to residual maturity in secondary market bond buys: Experts

Avoid longer-duration bonds; if you buy them, hold till maturity

A snapshot of travel insurance plans for individuals, students, multi-trips

Here's how the travel insurance plan premiums offered by various companies stack up

Courses in Indian classical music to harmonise the mind, body and soul

Learning Indian classical music elevates the senses and helps you attain greater consciousness. But be ready for a rough ride if you want to make a career out of it

Fund pick: Kotak Bluechip Fund

Fund review Kotak Bluechip Fund

Fear reinvestment risk? Go for immediate annuities instead, say experts

Only they can secure against the possibility of lower interest rates over long term

Buying new policy instead of reviving old one could mean higher premium

But it means avoiding the premiums and interest for lapsed years, so do the math

I-T Dept issues over Rs 1.67-trn refunds to 18.7 mn taxpayers till Feb 7

The Income Tax Department has issued refunds of more than Rs 1.67 lakh crore to 1.87 crore taxpayers so far this fiscal

Govt open to 'some tinkering' in capital gains tax regime: Revenue Secy

Tarun Bajaj said the current capital gains tax structure is 'too complicated' in terms of varied rates and period of holding across the assets and hence needs a relook

Delhi govt says entire pension disbursement process to go online

The whole process, from filling the application form to disbursement of pension, will be online.

Shift to a diversified passive fund to survive fickle US market: Analysts

Besides growth-oriented active fund, add value-oriented fund to your portfolio

File a rectification request in case you have received a low refund

While recalculating your tax liability, ensure you include income from all sources

Target maturity funds can help you avoid losses amid rising interest rates

Stick to shorter tenure fixed deposits now to benefit from higher rates later

Now, make central KYC registry fully operational

When you change your address or carry out any other KYC formality with one entity (say, your bank), this information should spread to ­all entities