Page 612 - Personal Finance
Your Money: HNIs should use trading platform to buy foreign stocks
For retail investors, the mutual fund route or offshore accounts are more suitable
 "Your Money: HNIs should use trading platform to buy foreign stocks")
Employees ready to pay for insurance facilitated by employer
Insurance provided by employer offers better coverage, claim recovery and cost efficiency
 "Employees ready to pay for insurance facilitated by employer")
Your money: Book profits if overweight
New investors should not put all their money in mid-cap funds
 "Your money: Book profits if overweight")
From April 1, NSDL to reduce charges for NPS subscribers drastically
PRA maintenance charge to be cut to Rs 95 from Rs 190; account opening fee to Rs 40 from Rs 50
 "From April 1, NSDL to reduce charges for NPS subscribers drastically")
Anytime, anywhere: Paying bills just got easier
Using BBPS, you will be able to make multiple payments on a single platform
 "Anytime, anywhere: Paying bills just got easier")
It's difficult to escape the taxman
Your investments, spends and big purchases are being tracked more closely now
 "It's difficult to escape the taxman")
8 ways to identify fake financial apps
Install a security software that has an app advisor function
 "8 ways to identify fake financial apps")
Recapitalise before rate cut
Also, the operating style of PSBs needs to be changed; else, there are dangers of a banking crisis
Get discounts for staying healthy
Staying healthy is good news for the insurance company as well since it implies lower claims
 "Get discounts for staying healthy")
Medical cover for the super rich: New India Assurance's Rs 1-cr policy
NIA's premium policy covers treatments that were hitherto not covered under other mediclaim policies
 "Medical cover for the super rich: New India Assurance's Rs 1-cr policy")
Your Money: Move into shorter-duration debt funds
As the rate cut cycle over for now, investors bet largely on funds for duration not exceed 3-4 yrs
 "Your Money: Move into shorter-duration debt funds")
Operation Clean Money : E-filers must check account online for tax notice
Due to erroneous reporting by banks, there could be a notice sent to you
 "Operation Clean Money : E-filers must check account online for tax notice")
What is the difference between an overdraft and a loan against an FD?
Customer can collect the physical documents from the loan centre
 "What is the difference between an overdraft and a loan against an FD?")
Budget: These tax changes discourage investments in multiple properties
Yet it encourages first-time home buyers to buy rather than live on rent
 "Budget: These tax changes discourage investments in multiple properties")
Looking to buy a house? Here are the current rates and unit sizes
If you are looking at buying real estate, an idea about prevailing rates would come in handy
 "Looking to buy a house? Here are the current rates and unit sizes")
Check out Canada, Australia: Look beyond US for higher education options
Students and IT workers are worried that changes in the US could turn sour
 "Check out Canada, Australia: Look beyond US for higher education options")
Tipping Point
Reset clause gives banks and HFCs the power to revise even their fixed-rate home loans
Two decades later, small savings return to haunt the Centre
This means, in FY18, govt to pay a disproportionately high interest for borrowings from such savings
 "Two decades later, small savings return to haunt the Centre")
Your Money: Senior citizens pension scheme offers good rate
Returns will be taxed and money is locked in for 10 years, so, invest only part of your portfolio
 "Your Money: Senior citizens pension scheme offers good rate")
Don't dive headlong into money-making schemes on the internet
If you do fall victim to fraud, file your complaint at RBI's Sachet web site
 "Don't dive headlong into money-making schemes on the internet")