Page 564 - Personal Finance

Insurers offering cashless benefits for OPD, diagnostics at lower premiums

Before you buy a plan, check if you can make full use of it. Most don't even exhaust the entire benefit, says expert

Beat debt market volatility with tax-efficient, steady fixed maturity plans

The ability to lock in returns and offer indexation benefit makes FMPs attractive in the current scenario of hardening yields

EPFO data shoddily maintained; 30-40% is unclean: What researchers told PMO

The EPFO data analysed by the researchers also showed that in some cases, members have received contribution even before their joining date

Steer clear of expensive IPOs

Public issues of well-known companies too have disappointed investors due to rich valuations

Vehicle insurance: Third-party cover is essential but may not be sufficient

Vehicle owners who can afford a comprehensive motor insurance cover should opt for it to take advantage of the recent cost reductions

Small savings: The holy cow few finance minister would want to touch

While they've all wanted to trim the basket of benefits that PPF offered, they've remained wary of public wrath

Planning to buy a flat? Understand the law of limitation on possession

When possession is delayed, there is a continuing wrong. A buyer would be entitled to approach the consumer forum at any point of time

Why Thane's Vartak Nagar can be rising star of Mumbai Metropolitan Region

Vartak Nagar has witnessed a significant upgrade in both civic and social infrastructure

Why has Citibank banned use of cards to purchase cryptocurrencies?

In December, the finance ministry had likened virtual currencies to Ponzi schemes. The Reserve Bank of India, too, has issued repeated warnings

Didn't sign an agreement for sale with builder? Not a buyer under RERA

Real estate regulators may not give relief to home buyers if the agreement is not executed

TDS deduction on capital gains: Play by different rules once you turn NRI

A person moving abroad needs to be aware of the changed taxation and investment norms that apply to him once he becomes an NRI, and comply with them

For regular income, systematic withdrawal plan is more tax-efficient option

With a tax incidence of 10% on dividend income, this is a good way to lower tax liability

PF body proposes decreasing administrative charges for employers

The EPFO has proposed to decrease the administrative charges to 0.50 per cent from 0.65 per cent of the worker's monthly income that goes as employer's share

Finance Ministry proposes to allow premature closure of PPF account

Bill also proposes permitting depositor to close PPF account before five years in exigencies

EPFO may pare investments in debt instruments as corporate bonds dry up

What's more EPFO must invest 35-45% of its yearly income in these bonds, which interest rate on par with, or at times lower than, state development loans

EPFO likely to keep interest rate unchanged at 8.65% for 2017-18

The EPFO has earned a return of around 16% at Rs 10.54 billion

Seniors seeking regular income should switch to debt funds from balanced

Younger investors who invested in balanced funds after understanding their risks and with a long-term horizon should continue to their SIPs in them

Looking at Ulips due to LTCG tax? Mutual funds still the best long-term bet

The Union Budget 2018 has imposed an LTCG tax of 10 per cent on investors in stock markets who sell their shares after one year

GST law: Who are the persons eligible to opt for composition scheme?

The GST law provides an option to a supplier of goods having an annual aggregate turnover not exceeding Rs10 million to opt for payment of GST under composition scheme

Linking base rate to MCLR may not be good enough

Customers should still consider shifting to the best MCLR-linked home loan rate available