Page 646 - Personal Finance

Readers' Corner: General Insurance

Magadi Road, Bengaluru: Good potential for future residential development

Accident compensation paid to workmen can be reimbursed

Many options for buying insurance policies

Agents provide personalised services, whereas online aggregators offer cheaper plans but might not help in claims settlement

Is long-term investing a myth?

The passive SIP-based index investor will always lose if long-term inflation and low index returns persist

Foreign e-commerce sites can be cheap but risky

Be extra careful while using credit cards because there is a risk of misuse

On second thought, DoPT does not want to scrap Pensions Act

One of the key provisions of the law is that it exempts pension from attachment by any court

Health insurance for your parents: Myth and reality

Follow these steps diligently to ensure that there isn't any hardship when your parents fall ill

5 health insurance mistakes you should avoid

Contrary to popular perception, health insurance is rarely expensive and claims are usually paid by the insurers

Filing tax returns on time has benefits

You can carry forward losses and revise the returns umpteen times in case of mistakes

Interest rates for NSSF loan to Centre, states cut to 8.8%

The move is in sync with the reduction in interest on small savings schemes with effect from April 1 this year

Start investing in balanced MFs

These funds contain volatility better but might not beat the market during a bull run

Deduction on home loans: How helpful is it?

It has been announced for a year. If you borrow with spouse, this limit doesn't come into picture

Dividend-paying firms offering decent yields will remain attractive

Despite higher tax outgo, dividend still a major factor in buy decisions

Annuity works only for conservative investors

Retirees have better options that offer liquidity, better returns and are more tax-efficient

You may now consider investing in pension schemes, say experts

Govt plans to tax just 60% of the corpus withdrawn from pension funds

Investing in NPS is more attractive now

Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors

Have you been served an I-T notice?

Notice can be served between 6 months and 6 years. For concealment of income, it can be longer

Are some of the new features in your health plan worth paying for?

While the benefits offered by the new-generation products are alluring, choose a plan that offers features you may actually need in the future

EPF and NPS: A checklist

Use a combination of the two options without which sufficient corpus can't be assured