Page 406 - Personal Finance

Nomination provisions require an overhaul

Nomination rules can be justified as being products of their times, but there is no excuse for not revising them to reflect new realities

Opt for thematic offerings only if you can time your entry and exit

Most investors should stick to diversified funds where fund manager has the leeway to exit non-performing themes and sectors

A snapshot of fixed deposit rated offered by banks and other details

Here is how the fixed deposit rates offered by various banks stack up

Fund pick: Mirae Asset Emerging Bluechip Fund

Fund pick: Mirae Asset Emerging Bluechip Fund

Fix these errors in Form 26AS before filing your Income Tax returns

Taking excess tax credit while filing your returns could lead to a notice from the income-tax department, say experts.

Not financially savvy? Tackle reinvestment risk with deferred annuity plans

Invest only a part of your retirement corpus in them or else you will not be able to benefit from any rate increase

What are pros and cons of investing in equity-linked savings schemes?

Of all types of investments deductible under Section 80C, ELSS tends to be one of the most popular and efficient tax-saving instruments. Here is all that you need to know about ELSS funds

BS BFSI Insight Summit: Onus on life insurers to transform biz, say experts

The life insurance industry saw massive disruptions in the initial period of the pandemic

Lesson from note ban and pandemic: Keep a month's expense in cash at home

In addition, have an emergency fund equal to three-six months' expense parked in liquid fund, savings account and sweep-in fixed deposits

What is digital gold and what are pros and cons of investing in it?

Can you buy gold for one rupee? At least not at your conventional jewellery store. But you can buy digital gold online for as little as one rupee. But what exactly is digital gold? Here's an explainer

Don't invest just to save tax but to get closer to your financial goals too

Choose an equity, debt or hybrid instrument depending on investment horizon and asset allocation

Form 26AS tweaks make paying taxes easier and evasion harder. Here's how

From now on, more information about your income and transactions will be uploaded in Form 26AS by the income-tax department. So, what does that mean for you and your wallet? Let's understand

If you are scouting for a property deal in the luxury segment, strike now

If the current uptrend in demand persists, prices could begin to inch up

Bank's vengeful conduct can invite punishment

The award of compensation is governed by Sec 73 of the Indian Contract Act, which says a party who suffers due to breach of contract is entitled to compensation for the natural loss

Clothes make the man, the accessories amplify his style statement

Ties, belts, wallets and cufflinks add to your personality in a way designer wear can't; pick something that matches, or is in contrast with, the shirt and pair of trousers you're wearing

New Annual Information Statement allows you to get mistakes rectified

Make sure the information in your income-tax return and in this statement match, or you could get a tax notice

A snapshot of health insurance rates with super top-ups offered by banks

Here is how the health insurance rates offered by various banks stack up

Fund pick: SBI Credit Risk Fund

Fund pick: SBI Credit Risk Fund

Want low-interest loan this festive season? Need a credit score over 750

In fact, you should monitor your credit score regularly because if it is low, it will take time to improve it

CBDT issues refunds of Rs 1.12 trn to 9.1 mn taxpayers from Apr 1-Nov 1

The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,12,400 crore to more than 91 lakh taxpayers from April 1 to November 1, the Income Tax Department said on Wednesday.