Page 669 - Personal Finance

Irdai directive fuels concern among insurers

Insurance regulator says no claims could be rejected after three years

Now NRIs can subscribe to NPS: RBI

This will help NRIs access old age income security

Return from govt-run firms' ETFs not impressive

Things could change in 2-3 years; give it time to perform

PFRDA seeks to regulate all pension products

Including ones sold by insurance and MF entities; is consulting FinMin

Gifts received in professional capacity are taxable

These need to be declared under income from business and profession

Purchase price of annuity plans to increase

With Irdai setting minimum monthly payout at Rs 1,000, customers will be charged higher purchase price

Case study

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

Realty check: Budget - Rs 50 lakh to Rs 1 crore

If you are looking at buying real estate and your budget falls within this range, an idea about prevailing rates would come handy

Readers' Corner: Mutual Fund

If I switch from my existing equity mutual fund (MF) scheme, which I have held for three years and move to another scheme in the same fund, will I have to pay tax?

Genuine renewal of fake licence doesn't make it valid

The company contested the case, contending the claim was not payable as Surinder Singh did not hold a valid driving licence

Time to look at cyclical stocks?

Scrips in metal, mining, power and some others in this category have been under the hammer for a long time. Is it time to see value in these?

Steep fall: Add to commitments

Every long-term investor has to learn how to cope with sharp drops

Try gifting personal electronic gadgets

These make good festive choices, with basic models available at reasonable prices and easily bought online as well

Getting tax benefits despite project delays

When proceeds from sale of a house are invested in an under-construction flat and it's not completed on time, the buyer can still get exemption for capital gains

Monetise your idle gold

Through GMS one can earn interest on accumulated gold

Maker can't refuse service for goods bought online

If the product is genuine, denial is violation of consumer laws

Festival loans cheaper than credit card EMIs

But it takes a longer time to avail of these loans, owing to tight due-diligence process of banks

Soon, your smartphone to double up as a debit, credit card

Customers can link their cards to banks' app and make payments after scanning a 'quick response' code

Case study

Readers' Corner: Life Insurance