Page 526 - Personal Finance

Not filing your income tax returns on time? You could be prosecuted

If you have not filed your returns, and there's a notice, ensure that you respond to the notice in time. Failure to respond to the notice can have consequences

TVS Capital completes first close for its third fund, raises Rs 8.32 bn

Fund surpasses its first-close target of Rs 7 bn, targets total size of around Rs 10-12 billion

NBFC woes will weigh on indices

Selling now guarantees losses, and the only way to handle this would be to average down

Gold bonds score over other options for investing in the precious metal

Apart from capital appreciation, you can also earn an annual interest income. Note, however, that that they are not very liquid

Co-branded travel cards are less flexible but more rewarding: Here's why

Opt for these cards if you are loyal to an airline. Else, go for general travel cards

Looking to invest in equity-related instruments? Here's your fund pick

Prudent calls deliver consistent returns: An investment of Rs 10,000 in the fund on April 11, 2007, (inception of the fund) would have grown to Rs 44,520 on October 17, 2018

Health policies: Customers should reveal any pre-existing diseases

This is the only way to ensure that the insurer does not reject claims

Why you should tread the private-equity investing route cautiously

In the absence of an exemplary track record, and high fees, investors should take this route cautiously

BS Primer: All you need to know about tax on inheritance in India

The income tax law specifically carves out an exemption from levy of gift tax on transfers done by way of will or inheritance.

Do J&J hip implant patients need to pay tax on compensation? Find out here

As the money received is capital receipt, it will be tax-free according to income tax provisions

Justify why no insurance cover for congenital anomalies: HC to Irdai

Congenital anomalies are also known as birth defects

Top-up loans can help finance your studies abroad, but may not come cheap

Apart from the higher interest rate, they may also require you to offer additional collateral

Shift 20-25% of your equity fund exposure to passively-managed funds

A variety of factors have led to the underperformance by actively-managed large-cap funds

You may get expensive gifts during the festive season: Are they taxable?

There are ten different gift categories that need to be declared and paid tax on when received from someone in a personal capacity

If you change hospitals mid-treatment, will your insurance policy cover it?

Usually, such transfers to other hospitals for better treatment is covered under the policy

Close to an IT hub, Bavdhan offers affordable houses amid natural beauty

Bavdhan is easily accessible from Pune as well as Mumbai

Some justice for existing borrowers?

When interest rates go down, banks tend to increase the spread for older customers, and their EMIs stay same

Those at high risk of a heart ailment can now buy a health cover for it

These policies come in handy, albeit at a higher cost, if you have a pre-existing ailment

Want to renovate home? Top-up loan offers tax deduction on interest portion

Tax benefit is available only if the funds are used for repair and renovation

Follow sound security practices to avoid falling prey to crypto jacking

Avoid downloading free content, keep your software updated, and seek a cyber security expert's advice if your computer slows down excessively