Page 682 - Personal Finance

Case study

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

Litigation is the only recourse for banking frauds

The onus is on the customer to prove his innocence. Banks don't take responsibility

Tax-free bonds attractive despite lower rates

For those in the top bracket, post-tax yield is higher than other comparable investment options. However, investors in lower tax brackets might be better off putting their money elsewhere

Readers' Corner: Taxation

If I invest in NPS, can my office refuse to take note of it while calculating my tax?

Bahadurgarh, Haryana: The fourth city in NCR

Bahadurgarh enjoys superlative connectivity with Delhi and Gurgaon via NH-10 and is also well-connected via the Kundli-Manesar-Palwal Expressway

Allow housing societies to invest in tax-free bonds

Unlike a normal investor, the society's investment avenues are strictly governed by the MCS Act

RBI might hold rates for now

Hawkish policy stance could push Bank Nifty by 1,000 points down

Transfer your home loan with a top-up

But tax exemption will depend on the purpose

RBI tightens norms for credit card billing

A credit card may be treated as non preforming asset if the 'minimum amount due' has not been paid within 90 days from the due date

Exchanging old car for new through authorised dealers is easy, safe

Selling through a broker or online can get you more money but it can be cumbersome

Book profits in China-focused funds

Unless over-exposed, those who have invested for diversification can stay put, and new investors might invest through SIPs

Case study

Realty check

Budget: Rs 1.5-2 crore

Banking: Jairam Sridharan

Bank can deposit EMI cheques before due date

Customer cannot fault the bank to cover up his own default

Candidates can be sued for degrees from unrecognised institutes

A course from an unaccredited institute is a waste of your time and money. Do the Due diligence before enrolling

More money may come to India if China slows

The price decline that has already occurred could trigger an 'inverse wealth effect'

Tax filing for professionals

Don't be intimidated by the long form if you have a small turnover and limited clients. Here's how to go about it

When disclosure is easier said than done

Those using the 90-day compliance window under the new law on black money to declare hitherto undisclosed foreign assets also need to ensure their assets are valued correctly

MF houses expect EPFO entry to boost equity ETF space

EPFO is largest institutional investor in equities after LIC, sits over Rs 6.4 lakh crore funds from 60 mn subscribers