Page 657 - Personal Finance

Quitting smoking doesn't ensure immediate reduction in premium

Life insurers need applicants to abstain from tobacco for up to five years. However, health insurance firms don't differentiate that much

CIBIL to look at bringing in more data on credit behaviour

The company focuses on financial inclusion and credit discipline

Save for retirement and enjoy tax benefit, too

New retirement schemes from MFs offer Section 80C benefit but locks in your money for five years

Bring clarity on beneficial owner in contracts: Irda to insurers

Fin Min has specified procedures for determination of beneficial ownership

Set limits on your debit card to prevent fraud

Will also be a check on overspending, especially on those given to children

Case study

Business Standard analyses one family's finances and suggests a way forward

Readers' Corner: Mutual Fund

Mutual funds (MFs) do not guarantee or assure any fixed returns

Kalyan-Dombivali: Low prices, good connectivity attractive for home buyers

Kalyan is one of the major railway stations on the central line of the Mumbai Suburban Railway network

Builder must hand over all documents to society

Failure to execute conveyance in favour of the housing society would amount to deficiency in service and builder can be penalised for the same

Review your finances this Valentine's Day

When making additional investments in your spouse's name, remember income arising out of the gift will be clubbed with yours

Card protection plans suit frequent travellers

Not all frauds are covered but these plans do provide safety from skimming and cloning of cards and emergency funds if a person loses his wallet and doesn't have access to money

Only your prudence can keep scamsters at bay

The PACL scam highlights the need for investors to do their homework before giving their money to any entities

A cost-effective cover for your home loan

How to take care of the massive liability at the lowest possible cost

AMFI seeks more tax breaks for mutual fund sector

The industry body has sought more tax incentives on ELSS, pension products and infrastructure debt mutual funds

Equity retreat shaves Rs 1,120 crore of MF assets

The decline in AUM would have been worse, had it not been for the surge in assets of income and liquid funds, and ETFs

Prenuptial agreements likely to be mandatory

It could make divorces amicable and help reduce court cases, experts say

SIP folios up 37% at 9.2 mn despite market volatility

Surge in numbers is significant as small investors are bulls by nature and uusually exit quickly when the market tanks or is range-bound

How to use credit cards to your advantage

They don't always lead to debt traps and in fact offer features that can make life convenient and help save money

A married woman can also become karta

Recent Delhi HC ruling lets the eldest woman in HUF to be its karta, giving her custodial powers over its finances

SBI's FlexiPay suitable for those with secure jobs

Could be risky if borrowers' salary does not keep pace with rising EMI