Page 621 - Personal Finance

Beware! Cashback on cards for business expenses could be taxed

While there is no specific provision to exempt cashback from taxes, one can argue that for personal expenses it is only a discount

Here's how housing society certificates will now suffice for tax benefits

Income-tax tribunal has ruled that completion certificates from govt authorities are not a must for availing of home loan tax exemption

Relief for home loan borrowers: Housing society certificate sufficient for availing tax sop

Income tax tribunal rules that completition certificate from government authority is not must for availing home loan tax exemption

Clinton relief vs Trump scare: What US elections results will mean for investors

Clinton might not do anything impeding US growth. Trump could

Perks and pitfalls of car insurance add-ons

Ratings alone shouldn't be used for investment decisions

Sebi's recent circular plugs many loopholes but some lacunae remain

Challenges in having multiple advisors

Dividing parts of your wealth among different advisors can make it difficult to keep track, and dilutes the focus of long-term planning

Insurance may fall under 12% tax slab in GST, from 14% service tax currently

While industry demand of 5% slab may be denied, unlikely govt will impose 18% as insurance is a protection/savings product

Stay away from concentration risk

Knowledgeable investors may take concentrated bets, while others should remain diversified

Apply online for PMAY loan at banks or housing finance companies

Aadhar will be used for authentication of customers whike bank statements will have to be submitted separately

Real estate law: Too soon to celebrate

States could give extended deadlines for developers to comply with the Act

As a start-up entrepreneur, you have enough funding options

Right product and realistic projection of cash flow and customers can attract funding

Bandra-Kurla Complex, Mumbai: Focus is on affordable luxury

Mutual Funds: Nimesh Shah

Conversion rate on date of shipment applicable for claim

Debit, credit card frauds: Banks will insist on an FIR

Once you lodge a complaint with the bank and block your card, you must lodge a first information report with the local police station

Samvat 2073: It's a field day for stock pickers this Diwali

Positives like room for earnings acceleration and comfortable liquidity could sustain valuations

Airbags, rear cameras: Make your vehicle more secure with these safety features

From October 2017, certain safety features will be made mandatory in cars

HDFC Top 200 to Reliance Growth, here is a list of the top wealth creating funds

The long-term track record of some leading ones confirms that high-quality equity funds can generate massive wealth for patient investors

Free lounge access, movie tickets and more: Credit cards offer benefits but don't miss the caveats

Analyse your spending pattern and go with a card that complements it