Page 738 - Personal Finance

EPFO launches new inspection system, online PF code allotment in a week

This facility will be applicable to those firms which avail the facilities of the EPFO

EPFO brings in new inspection system to ensure transparency

The new scheme is notified by the Ministry of Labour and Employment to improve the labour inspection system

Unions to oppose investment of EPFO funds in equity market

We opposed it earlier and will oppose it again as it is poor workers money, says All India General Secretary of Bharatiya Mazdoor Sangh

MNC funds a good option

Going by 5-yr returns, one can allocate 10-15% to pure schemes or go for a large-cap fund with exposure to these stocks

Replacing your life insurance policy might get tougher

If Irda's guidelines are implemented, cases of surrendering policies and making these paid-up might decline

Initial CPSE ETF Investors Stay 'Loyal'

Despite 50% gains, bulk of investors have remained put

Should you opt for a high-value health cover?

Beneficial only if you plan to get treated abroad; otherwise, these products are very expensive. Individuals and families can do better with lower insurance

Case study

Realty check

Budget: Rs 30 lakh to Rs 50 lakh

Banking: Prashant Joshi

Defective fan takes customer in a whirl

A happy customer can give greater mileage to a company by word of mouth publicity. So, it is better to focus on customer satisfaction rather than spend on litigation and advertisements

How to get the right education loan

But delay in repayment will affect credit history of student and co-borrower

Need for proper investment plan stressed

Speakers at the Business Standard Smart Business meet said proper education on investment planning was essential

Assured strategy to play market

Risk-averse people should have long-term conservative strategy

Retail investors can now buy good companies through OFS

Don't count too much on the anchor investor quota, as it will provide stability to the stock for only a short period

Overdraft will attract foreclosure charges

Ban on pre-payment penalty applicable only on floating rate loans such as auto or personal loan

Seek details from insurance agents

Ask for the risk-return matrix to make the right choice. Otherwise, exit in the free-look period

Draft rules ban replacement of life insurance policies

Replacement may not be permitted, unless if it is in interest of policyholder

No medical test sought? Claims may be rejected

Insurers keep a simple questionnaire to attract more buyers and, later, reject claims based on disclosures

Is EMI on credit card helpful?

While this might reduce your spending capacity for some time, it could prevent your credit score from falling