Page 736 - Personal Finance

Don't panic if markets fall after the Budget

Use the opportunity to increase equity exposure because these are short-term blips

Ministry drops health rider for 49% FDI in insurance

Proposal caps voting rights at 26% and insists on local CEO and majority Indian directors

Govt approves Rs 1,000 minimum monthly pension under Employees' Provident Fund

This would immediately benefit 2.8 million out of the total 4.4 million pensioners covered under the EPS-95 scheme

Need a tax litigation settlement scheme?

Taxpayers tend to appeal in higher courts to avoid penalty on outstanding demands. If allowed and properly incentivised they would pay up

Budget 2014-15: Don't expect too much

If the Finance Minister can adjust a few deductions with the inflation rate, the consuming class should be reasonably happy

Case study

Realty check

Banking: Mohan Jayaraman

Readers' Corner

Betting too high on Budget

Even if the Budget delivers, there are chances that the market may fall

Health policy claim can't be rejected for delay in lodging

The stipulation to lodge a claim within 30 days of discharge is not mandatory but to facilitate expeditious settlement

E-voting will democratise shareholder participation

Voting on companies' resolutions will no longer be restricted to a handful of investors or promoters

Tips to trim your telephone bill

With telecom companies raising their data cost, a little diligence will help restrict bills

I-T dept to set up 70 more Aaykar Sampark Kendras this fiscal

CBDT has decided that these centres should preferably be set up in relatively bigger stations where senior I-T officers are posted

High life cover alone is not enough

Prioritise how to utilise insurance money to pay off liabilities and invest for future use

Some relief for credit card customers

No late payment fees if you pay before next billing cycle

India ranks first in AEGON Retirement Readiness Index

Fixed deposits followed by life insurance are most popular retirement savings instruments

Number of schemes under 80C should be reduced

The common investment section of I-T Act is too crowded and the limit for taxpayers is too low to enjoy benefits

Heavy on debt, but good returns

Investors can take exposure in such schemes. Selection of funds, however, is very important

Ready to e-file your tax returns?

July 31 is the last day for filing your income-tax returns

Costs front-loaded for short-term plans

Buy these if your income stream is not stable