Page 599 - Personal Finance
Payments banks: Interest rates shouldn't be a decisive factor
A commercial bank offers a lot more products and services than a payments bank can
 "Payments banks: Interest rates shouldn't be a decisive factor")
Nayabad: Well-planned with good basic infrastructure
Property rates in Nayabad are lower as compared to established localities of the city
 "Nayabad: Well-planned with good basic infrastructure")
Readers' Corner: Mutual Funds
SIP can be the best method to invest as it aids in rupee cost averaging
 "Readers' Corner: Mutual Funds")
Do term cover buyers compulsorily have to undergo medical tests?
If you are found to have a condition like obesity, diabetes, the insurer may increase the premium
 "Do term cover buyers compulsorily have to undergo medical tests?")
Employer, too, liable for group policy lapses
If an employee's name is inadvertently omitted, he would still get the insurance coverage
 "Employer, too, liable for group policy lapses")
Register for GST, if you pay indirect, service tax
Mandatory registration for businesses with annual turnover above Rs 20 lakh
 "Register for GST, if you pay indirect, service tax")
Filing I-T returns under 'presumptive taxation' may lower tax liability
Professionals will need to maintain detailed records if they fall under the ambit of service tax
 "Filing I-T returns under 'presumptive taxation' may lower tax liability")
Skip the avocado toast, save for retirement
Millennials can't count on being bailed out by stock and housing markets
 "Skip the avocado toast, save for retirement")
Irdai to alter insurance policy covers for shops and hotels
A working group has been set up to examine the current insurance product structure
 "Irdai to alter insurance policy covers for shops and hotels")
Purchase used cars from organised players
It helps secure loans faster. However, ensure that documentation and registration have been done
 "Purchase used cars from organised players")
Who has the best persistency ratio?
When customers allow policies to lapse after paying premium for couple of years, they suffer losses
More debt will cool down your portfolio
When equities are making money, it is a tough call to book profits
 "More debt will cool down your portfolio")
Lower volatility in oil prices
Daily change can help if marketers reduce throughput and transportation time
EPFO to take call on raising ETF investment limit to 15%, says Dattatreya
Now, the limit is up to 10%; as of April 21, 2017, investment of Rs 21,559 cr has been made
 "EPFO to take call on raising ETF investment limit to 15%, says Dattatreya")
Pension funds investment options to expand once InvITs become reality
PFRDA has created a separate asset class for investment under InvITs and REITs
 "Pension funds investment options to expand once InvITs become reality")
Buy a maternity-linked plan to cover unknown risks
It may not offer enough cover for all costs of delivery but will protect against unforeseen issues
 "Buy a maternity-linked plan to cover unknown risks")
Portability in health insurance is difficult if you have a disease
Here are some lessons for policyholders in case of medical insurance, where it is already allowed
 "Portability in health insurance is difficult if you have a disease")
Tipping Point: What is ordinary KYC?
Securities and Exchange Board of India has said that a single KYC can be used by others
 "Tipping Point: What is ordinary KYC?")
It's a good time to buy a house
With prices remaining stable or moving up very slowly, home loan rates plummeting
 "It's a good time to buy a house")
Who owns Rs 9-lakh-cr EPFO corpus?
Even latest guidelines allowing usage for EPFO money to buy property is riddled with complications
 "Who owns Rs 9-lakh-cr EPFO corpus?")