Page 666 - Personal Finance

For a truly peaceful retired life

Developers are coming up with societies specifically designed for senior citizens. One can live there after turning 55

Readers' Corner: Life Insurance

In certain cases, insurers need to pay only depreciated value

The Income Tax Act provides for 15 per cent depreciation for plant, machinery and motor vehicles

Fair value still some time away

Experts have divergent views on where the market is headed; overall, it looks like the process of paring high expectations will continue

Insurers offer limited coverage for terror attacks

A combination of travel, health and home insurance can provide adequate protection. Opt for add-on terrorism cover

Reposition FMPs in your portfolio

While it no longer offers the same short-term advantage, it is still a good product for the medium term

An improved traditional plan

Bharti AXA's Invest Once is a single-premium product targeted towards the youth

NFOs hit a speed bump, Apr-Sept sees only 340 offerings

In comparison, mutual funds had come out with 1,059 NFOs for the whole of 2014-15

Pension fund managers to be appointed for open-ended term

To help managers take long-term decisions while managing Rs 1 lakh-crore corpus under NPS

Review your health cover every 3 years, at least

As a recent report shows, health care costs are rising exponentially and most people are under-insured

When you should look at international funds

Experts say investors must consider these for geographical diversification, hedging currency or for exposure to stocks not available in India

Case study

Realty check

Tax-saving strategies for latecomers

Government has enhanced limits for various deductions and introduced new instruments. Know these to reduce tax liability

Get ready for debt funds

With four rate cuts this year and more to come, moving your money from short-term to long-term debt funds could be fruitful

Govt to further simplify ITR forms, sets up committee

The Committee will also look into the possibility of reducing the number of pages in the return form

Readers' Corner: Taxation

Kuldip Kumar, partner and leader, personal tax, PwC India, answers your questions

Billionaires, too, overspend on their credit cards

Keep your cool in tough times

Markets tend to misjudge situations and that creates an opportunity for traders or investors

Improve your credit score before applying for a home loan

If it doesn't meet a bank's cut-off limit, you could be denied a loan. Here are ways to improve this vital number