Page 420 - Personal Finance

Luxury watches: If you have the inclination, they have the status quotient

While a Rolex or a JLC instantly gratifies the vanity of the wearer with its signature designs and trademark engineering, it also enhances the stature of the person gifting it

Fund pick: HDFC Top 100 Fund

This is the fund pick for the week

A snapshot of term insurance plans with two riders offered by companies

Here is how the term insurance plans offered by various companies stack up

Defer income-tax filing if you have to pay a penalty, say analysts

Do so once the glitches on the new tax portal have been ironed out

Stick to regulated entities for short-term personal loans: Analysts

Avoid online platforms that charge exorbitant interest rates

New vs old tax regime: Compute liability before making the switch

Non-investors in tax-saving instruments may opt for the new regime

Invest in equal-weight index to reduce concentration risk: Analysts

Begin with a 50:50 allocation to Nifty50 & Nifty50 Equal Weight index fund

Demand notice must be served properly to buyer

The purchaser couldn't be termed a defaulter since the demand letter had not been served properly, and especially when he paid the amount on receiving a reminder

Don't forget mandatory disclosures while filing your income-tax returns

Failure to do so might render the ITR (Income-Tax Returns) defective and invite an income tax notice and penalties

SBI announces 100% waiver on home loan processing fee till Aug 31

SBI said it is the bank's limited period 'Monsoon Dhamaka Offer', through which a home loan customer can gain substantially

Going abroad for studies? Student policies from Indian insurers are cheaper

If you buy from them, and not from a university-approved insurer, make sure the policy meets all specifications

Can't afford to buy a swanky car? Take one on a rent or hire instead

You can even gift yourself the experience of riding a different set of wheels each time you plan a trip--from a Hummer to a Bentley to a Jaguar to a BMW or Range Rover

Income Tax refunds worth Rs 43,991 crore issued till July 26

It comprises personal income tax refunds of Rs 13,341 crore and corporate tax refunds of Rs 30,651 crore.

A snapshot of loan against property offered by various banks with details

Here are the interest rates of loan against property offered by various banks

Fund pick: Nippon India Low Duration Fund

Fund pick: Nippon India Low Duration Fund

Include cryptocurrency gains in income-tax returns, say analysts

Treat it as capital gain if you buy and hold; as business income if you trade frequently

Attractive stock markets may keep investors away from gold: Analysts

Demand for gold in India jumped 19.2 per cent in the April - June 2021 quarter to 76.1 tonnes, suggests the latest report from World Gold Council (WGC)

Over 2.58 mn ITRs filed, 0.79 mn e-PANs allocated at new IT e-filing portal

The new Income Tax Department website, which has been marred by glitches, has successfully received over 2.5 million returns, more than 35.7 million unique logins

NPS fund managers have more choices as investment universe expands

Investment advisors are not comfortable with the idea of a retirement product like NPS investing in IPOs

Issues with new income tax portal to be resolved soon, says FM

Sitharaman said Infosys had done trial runs before the June 7 launch but users faced technical issues in accessing the portal.