Page 592 - Personal Finance
Irdai tells insurers to put unclaimed money in special fund for elderly
Latest direction is in continuation of Irdai's previous orders regarding unclaimed amounts
 "Irdai tells insurers to put unclaimed money in special fund for elderly")
Personal loans made easy via ATMs and apps: How it works
Not just big private banks, start-ups, too, are offering instant loans on app
 "Personal loans made easy via ATMs and apps: How it works")
Health insurance policy: Don't include parents in family floater plans
You will end up paying a higher premium. It's best to buy a separate policy for parents
 "Health insurance policy: Don't include parents in family floater plans")
GST: FAQs on invoicing and registration under new tax regime
Law mandates person to obtain registration from place where he makes a supply of goods/services
 "GST: FAQs on invoicing and registration under new tax regime")
Good time to review portfolio
Book some profits in equities and reallocate asset weights
Hold on to equities despite heady valuations
Invest gradually and on corrections to reduce losses
 "Hold on to equities despite heady valuations")
GAAR, GST can impact your compensation
Your employer might need to relook at the salary structure to comply with the new changes in laws
 "GAAR, GST can impact your compensation")
Govt guarantees 8.30% to seniors for 10 years
In combination with other assured return options as the maximum investment permitted is quite small
 "Govt guarantees 8.30% to seniors for 10 years")
Few takers for simple tax for small businesses: A look at Composition Scheme under GST
The objective of the Composition Scheme is to bring in simplicity and to reduce the compliance cost
 "Few takers for simple tax for small businesses: A look at Composition Scheme under GST")
Solve your tax-related problems on the go
Those looking for information and resolving PAN- or TAN issues will find I-T dept's new app useful
 "Solve your tax-related problems on the go")
Readers' Corner: General Insurance
A fidelity guarantee policy covers financial losses caused by dishonest acts of employees
 "Readers' Corner: General Insurance")
The burden of education loan
Avoid over-leveraging with low job market; starting with default will hurt future loan options
 "The burden of education loan")
Don't invest less only because inflation is low
Financial advisors factor in the long-term average rate to ensure savings not impacted
 "Don't invest less only because inflation is low")
Realty check within budget of Rs 50 lakh-1 crore
A snapshot of average current rates and unit sizes
 "Realty check within budget of Rs 50 lakh-1 crore")
Tipping Point: What is an e-filing vault?
Advantage of using e-filing vault option is that it provides two-factor authentication
 "Tipping Point: What is an e-filing vault?")
Combustion can occur without fire
A standard policy covers loss due to fire and an add-on cover includes spontaneous combustion witho
 "Combustion can occur without fire")
EPFO orders pension settlement on retirement day to ensure dignity of life
About 48.85 lakh central govt employees, 55.51 lakh pensioners in the country
Real estate developers can't force homebuyers to go for arbitration: NCDRC
Many cases were pending in consumer forums because of developers inclusion of arbitration clause
 "Real estate developers can't force homebuyers to go for arbitration: NCDRC")
Too many illiquid products in a portfolio can spell trouble for investors
When selecting instrument, pay attention to potential return, risk and how easily you can exit it
 "Too many illiquid products in a portfolio can spell trouble for investors")
Land can be a multi-bagger investment
Investments come with their own share of risks and buyers may need to hold on for at least 5-10 yrs
 "Land can be a multi-bagger investment")