Page 402 - Personal Finance

Senior citizens should buy health plans with lifelong renewability option

Buy a plan with a short waiting period for pre-existing diseases and low co-pay

No extension of ITR filing deadline; over 56 mn FY21 returns filed so far

Revenue Secretary Tarun Bajaj said ITR filing is going on 'very smoothly'

Fund pick: UTI Flexi Cap Fund

UTI Flexi Cap Fund

A snapshot of term insurance premiums with two riders offered by firms

Here is how the term insurance premium rates offered by various firms stack up

With ATM withdrawals set to get costlier, reduce dependence on cash

Beware of keypad manipulation and heat mapping while using the ATM or PoS machine

NRIs, OCIs do not need RBI's prior nod to buy immovable property in India

The clarification has been issued by Reserve Bank of India (RBI) following queries received at its various offices with regard to acquisition of immovable properties by Overseas Citizens of India

Insurance brokers' advice to become crucial amid tighter underwriting norms

Low existing rates and revision of reinsurance premiums are key driver

Just 3 days left for filing ITR, what happens if you miss the deadline

The due date for ITR filing for the fin ancial year 2020-21 (the assessment year 2021-22) has been extended twice

Aadhaar linkage to demat KYC: Finish these compliance tasks before Dec 31

Failure to do so could result in penalties or lead to hassles later in financial planning

Income Tax refunds of over Rs 1.49 trillion issued so far this fiscal

This includes 1.07 crore refunds of AY 2021-22 (fiscal ended March 31, 2021), amounting to Rs 21,021 crore

Over 46.7 mn ITRs filed for FY21 so far, 1.54 mn alone in single day

The last date for filing ITRs for 2020-21 fiscal ended March 31, 2021, by individual taxpayers is December 31

Mix styles when investing in smart-beta funds, say analysts

Like active funds, smart-beta funds carry the risk of underperformance

Over 45 million income tax returns for FY21 filed till December 26

The extended deadline for filing ITRs by individual taxpayers is December 31, 2021. The original deadline was July 31, 2021

Things to remember as you rush to file your return ahead of December 31

To avoid any last-minute errors, one must remember to use the correct ITR form, collate all relevant income and expense documents for quick referral

Keeping your head when others are losing theirs

Pointing to gold, the only important exception to the intrinsic-value rule is a very weak justification for arguing that Bitcoin will retain its value

Bring home the power of the sun and save big on electricity bills

Though expensive initially, rooftop solar installations usually pay for themselves in seven years max. Any power that they generate after that is free for the next 18 years

Zone-wise premiums, consumables cover now available in health insurance

While policies with more robust features are becoming available, subscribers should watch out for sub-limits and caps.

A snapshot of home loan rates offered by various banks with details

Here is how the home loan rates offered by various banks stack up

Fund pick: Nippon India Growth Fund

Fund pick: Nippon India Growth Fund

Diversified passive funds should form core of global investment portfolio

Exposure to mid-cap oriented and concentrated offerings should be taken later as part of exposure, say experts.