Page 427 - Personal Finance

I-T Dept allows manual filing of tax forms for foreign remittance

The I-T department also advised authorised dealers to accept such forms till June 30, 2021 for the purpose of foreign remittances.

Remitting money abroad? Do your research to avoid getting fleeced on cost

Select a player that offers complete transparency on both the transaction fee and the exchange rate it is going to levy

Statutory nominations can reduce disputes

The life insurance kind of 'statutory nomination', which confers final ownership on the nominee, is the need of the hour for all assets

Let quant funds build track record before investing, say analysts

These funds select stocks by applying quantitative parameters or filters

A snapshot of health insurance policies premiums offered by various firms

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

Second home is where the heart is in times of stress, WFH and Covid-19

The uber rich and corporate exec are buying holiday homes by the hillside, seaside, or retreats closer to their city houses, where they can live and work peacefully amid less noise and pollution

Fund pick: SBI Focused Equity Fund

Fund pick: SBI Focused Equity Fund

Don't go by history alone while picking hybrid fund, say analysts

These are for long-term wealth; dynamic funds protect downside risk better

Here's how you can take charge of family's finances after spouse's death

File insurance claims, repay loans, and synchronise investment portfolio with altered risk profile

Bonus debentures: Decide based on asset allocation, say analysts

Those in higher tax bracket may shift to instruments offering indexation benefit

Misuse of guardianship power is punishable under sections of IPC

Besides choosing guardians carefully, parents should put in additional layers of oversight

Reimburse cost of PPE kits: Ombudsman

The ombudsman concluded the insured could not be faulted for the charges levied for PPE kits, and the insurer would have to reimburse this amount

Model Tenancy Act to create level-playing field between landlord and tenant

By giving landlords the confidence to rent their properties, it will augment supply, providing tenants with more choices

Insurers to process claims under govt's flagship schemes within a week

Finance Minister Nirmala Sitharaman meets heads of insurance companies for faster claim settlement amid pandemic

FM calls for faster claim settlement under PMJJBY in meeting with insurers

Nirmala Sitharaman stressed the importance of streamlining the process and documentation requirements

Planning to invest in ESG funds? Start small, but hold for long term

They have the potential to create wealth by circumventing hidden risks, but have limited track record

Fund pick: Nippon India Corporate Bond Fund

Fund pick: Nippon India Corporate Bond Fund

A snapshot of home loan rates offered by various banks and HFCs

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

Sick of dal-roti? Opt for delivery options that bring the restaurant home

You can get anything from pizzas to parathas in a box, with cloud kitchens, delivery apps and even home chefs delivering on the promise of hygiene, safety and health

Cloud lifts over cryptocurrencies, but volatility remains: Analysts

Start with small investments, but exclude from portfolios aimed at key financial goals