Page 448 - Personal Finance

Avail of cash scheme if you have planned expenses in festive season

Employees need not miss out on LTC benefit in the current block of 4 years

Irdai allows renewal, migration and portability of Covid-specific products

Renewal subject to insurer's underwriting policy, must be done before expiry of existing policy contract

Don't impose 15-day waiting period for Corona Kavach renewal: IRDAI

As per the guidelines issued by the IRDAI, the short-term Corona Kavach policies are issued by insurance companies for three-and-a-half months, six-and-a-half months or nine-and-a-half-months

Don't let past year's return guide you while deciding on asset allocation

Government and corporate bond schemes of NPS are unlikely to beat equity schemes over the long term

Borrowers need fair rates, not just waiver

With portability, a large number of borrowers will move to a 1-2 percentage points lower rate and enjoy handsome savings

Regulators hand out more tools to customers for decoding financial products

Sebi's new risk-o-meter and Irdai's proposed colour coding of health insurance plans will enable buyers to make more informed choices

In a share buyback, make a tactical bet if price gap is attractive

In a buyback, purchase the stock early from the market or else the price gap could close

Maid to order: Robotic vacuums that do a great job cleaning your house

Consistent, never on leave, working without supervision. Corona times have led to spurt in automated devices that mop, scrub and vacuum your house unobtrusively

Fund pick: ICICI Pru Gilt Fund

Fund pick: ICICI Pru Gilt Fund

A snapshot of loan against property offered by various banks and HFCs

Here's how interest rates of loan against property offered by various banks and HFCs stack up

Not verifying your income tax returns might have serious consequences

Refunds get blocked, losses aren't carried forward, and you could face a penalty

Weigh your options before going passive on mid- and small-cap equity funds

The majority of active funds still outperform their benchmarks and passive funds don't have a long track record in these two segments

Lower tax collected at source rate on funds remitted for education

But a higher rate will be levied if PAN isn't furnished

Irdai to start colour coding of individual health plans based on complexity

The regulator has sought comments from all stakeholders on the matter by October 15

Simple interest accumulated during moratorium remains the bigger concern

Since simple interest keeps accumulating, your outstanding at the end of the moratorium will be higher than at the start

Choosing a suitable health plan to become easier with standardised norms

Uniform policy wordings will reduce ambiguity and allow buyers to understand key policy features better

Builder can't sell flat until case is resolved

A builder in Punjab delayed issuing the allotment letter but was quick to cancel the booking after issuing the demand letter

IRDAI group tables broad framework for insurance cover to drone industry

The panel noted that the drone ecosystem is in nascent stages in India and finding more usage/applications in various sectors at a slower pace

This is not the time to lock yourself into long-term fixed deposits

If you invest for the shorter-term now, you will be able to roll over to higher rates when the interest-rate cycle turns

Online gaming to have fun and hone your skills under the Covid-19 lockdown

There has been a spurt in interactive and intuitive games that you can play on your mobile or laptop. Just steer clear of the violent stuff