Page 639 - Personal Finance

Avoid rejection despite a low credit score

Options you can try include an NBFC or pledging your assets as collateral to garner a loan

Debt MFs' allocation to government papers hits 13-month low

Since the second half of FY16, fund managers cut exposure to G-Secs by over 350 basis points

Case study

Never too late to buy a term life insurance

For those between 50 and 60, it makes sense to have a policy if you have dependants and liabilities

Smart-index ETFs good for passive investors

While the initial 'smart' index is based on quantitative models, the fund manager has no role to play after that. Being ETFs, they are cheaper as well

Readers' Corner: Taxation

Mulund: Strong rental demand makes it a good investment option

Mulund has good recreational and entertainment facilities, and quality social and civic infrastructure such as educational institutes and hospitals

Relief for purchaser in auction

When a case is delayed, even favourable order and compensation cannot make up for the losses suffered

Own a yacht at a fraction of its cost

Opt for timeshare, fractional ownership or simply rent out, depending on your budget and requirement

The crisis in public sector banks

Under pressure from RBI, they have presented a true picture of losses. It is now up to the government

Want to invest in MFs? Verification is just a selfie away

To attract more young people and deepen market, fund houses turning to popular means such as selfies to complete in-person verification

Taxation tips for senior citizens

Senior citizens should make use of the generous tax benefits the govt has provided to minimise their tax outgo

Despite rally, stay away from realty sector

Fundamentals of the sector yet to see marked improvement. Current buying is based only on sentiments

Don't panic about news of impending Fed rate hike

The best response will be to stick to the asset allocation in your long-term portfolios

IT dept launches e-portal to fast track taxpayers grievances

'E-nivaran' will also ensure grievances related to any section or domain of tax dept is transferred quickly to concerned dept

Unions to oppose increased investment in equity

An analysis by EPFO found that it has earned a negative return of 9.54 per cent on its Rs 5,920-crore investment

Star Health launches new plan under super top-up products

Claims payable when hospitalisation costs exceed customer's 'defined limit'; Plan also pays for Air-ambulance, second opinion and 405 day-care procedures

Birla Sun Life Insurance launches SecurePlus Plan

Product helps multiply customer's money, earning 2x income on premiums, which can be used to meet several life goals

Terminally ill can't be denied insurance claim: HC

Court orders Oriental Insurance to pay family of patient who chose to stop treatment against medical advice and died

NCDs suit those in lower tax brackets

Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit