Page 720 - Personal Finance

Banks likely to revise pricing for savings deposit above Rs 1 lakh

Proving debit card fraud can be tricky

But once proven, the bank will reimburse your money

Govt aims at raising savings; re-launches Kisan Vikas Patra

FM says savings rate in country has declined from 36.8% to below 30% in the past 2-3 years

Just two weeks to go for sending tax returns verification

120-day window will end this month. If you pass this, your returns will be considered not filed

Equity mutual funds see over Rs 39,000 cr inflow in FY15

During the same period previous fiscal, such schemes had a net outflow of over Rs 8,500 cr

Make children's corpus inflation-proof

Start early and use a mix of debt and equity to meet short-term and long-term goals

A home for travellers away from home

Setting up a homestay is easy if there is extra space in your house. Facilities can vary from basic to luxury but be prepared to go the extra mile as host and to meet the basic rules

Case study

Realty check

Budget: Rs 30-Rs 50 lakh

Taxation: Kuldip Kumar

Claim settlement can't be disputed once payment is accepted

Consumers should be careful about the inference of "implied discharge". They should promptly record their protest, reserving their right to take recourse to legal action for the balance claim amount

40 Years Ago...and now: Mutual mayhem

The evolution of the mutual funds sector in India has been marked by crises that have hurt investors time and again

Fascinating trends in crude oil prices are worth tracking

China is slowing down, Europe is barely afloat and the US is meeting a larger chunk of its own demand

Ease your family's tax burden by gifting, clubbing income

This will help in reducing taxes to be paid on income generated from investments

Andhra Bank's schemes for children, teenagers

The scheme will create awareness among children about savings

Debt mutual funds ask for bank guarantees, equity shares as collateral

Investing more in lower-grade paper, asking for bank guarantee, equity shares as collateral

Don't rush to invest in gold

If it is for use as jewellery, it would make sense to accumulate when prices touch Rs 25,000 per 10 g

Children mimic parent's money habits, spending event more: ING survey

Parents fear children falling prey to online scamsters

Is this a good time to buy gold?

Gold prices in India are now down over 20% from their peak over a year ago, while globally prices are down nearly 40% in three years.

Multi-asset funds make sense only for long term

If you can re-balance your portfolio once a year, separate equity and debt funds are better