Page 690 - Personal Finance

Is it time to shift to gold?

While one might argue that the current move and fundamentals behind it are short term in character, there is a strong undercurrent which will be supporting gold prices going forward

International funds will gain from weak rupee

While they are a good hedge for expenses like children's education on foreign soil, limit your exposure

Govt to modify new income tax return forms

In the new ITR-2, FM Arun Jaitley said, the information relating to foreign travel which has been sought to be captured is as per the recommendation of SIT on black money

Individual investors shun direct investing for equity MFs

So far in 2015, net selling of equities over Rs 14,000 crore; MF inflows at Rs 28,000 crore

Pledging shares by promoters increases risks

If they pledge more than 50% of holdings, that's a red flag

Simplified I-T return forms likely by month end

New form also likely to relax requirement of reporting details of every foreign travel undertaken

I-T dept to redress taxpayers' grievances on priority

Tax officers asked to devote extra efforts towards resolving them and share trends on online platform Sevottam

Case study

An expensive proposition

Charges of mutual fund schemes have risen about 20 per cent in the past year but don't let cost be your sole criterion to select one

An opportunity to buy

The recent markets fall has made equity valuations attractive

Life insurance: Amitabh Chaudhry

Connectivity gives an edge

Use offset loans to reduce interest costs

Is correction in steel, cement in the offing?

If policy action, efficient processes trigger construction activity, both could see turnaround

Taxation not a deal breaker for young NPS investors

Higher returns in NPS can nullify exempt-exempt-exempt tax advantage of provident fund over 20-30 years

One year on, e-insurance still to catch up

Not even 10% of all policies in the industry have been digitised, due to resistance from both, industry players and customers

Use balanced funds to tide over market volatility

They are suitable for a three-to-five year investment horizon. Choose equity funds for longer than five years

Don't rely on funds' risk profile for full picture

It is a starting point but consider other aspects such as performance, portfolio quality to evaluate schemes

Balanced funds help in volatile markets

They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years

Gujaratis are more conscious about investment for retirement: Survey

55% of Gujarati are thinking that retirement plan is important goal for them and 71% considering buying retirement plan at the age of 30 to 40