Page 756 - Personal Finance

Motor insurance: Declined risk pool could be on its way out

Insurers believe that pool won't be required as most risks are taken on company books

What to do during a share buyback?

Investors can sell shares in the open market if the price is good, to take advantage of the tax arbitrage

Gold loans: Some easing, some stiffening by RBI

Only intrinsic value of the gold to be used to determine the loan value

A nominee is not a legal heir

Only in case of equities will she automatically get the money. Otherwise, she is only a trustee

EPFO to launch software to monitor Pvt PF trusts

EPFO's offices of Ujjain, Vapi, Sagar, Jabalpur, Gwalior, Siddepet, Agra, Udaipur and Luxmi Nagar settle 90 per cent of claims within three days

Realty can deliver high trading gains

Given leverage in stock futures segment and high beta stock such as DLF, Unitech and IBRE, the sector could offer a high-risk, high-return play on interest rates

LIC's premiums could be cheaper under new norms

However, it might continue to charge more than private sector players, especially for online term plans

You can get landlord's PAN details on plain paper for HRA claim

This is for salaried taxpayers, who want to claim I-T exemption on house rent allowance exceeding Rs 1 lakh per annum

Another closed-ended fund hits the market

IDFC launches diversified equity fund with three year lock-in

Case study

Realty check

Budget: Rs 3 crore to Rs 6 crore

Rising market caps are a sign to watch

Many sectors gained in market capitalisation last year, while some lost out

Total damage to a car doesn't mean automatic replacement

Customers get 75 per cent of the insured declared value or replacement of the same make and model in some special situations

Tipping point

Banking: Prashant Joshi

Irrevocable power of attorney can't be cancelled without public notice

Bull run in IT to continue unless rupee strengthens

Currency appreciation or hiccups in US recovery could be negative surprises for the sector but either scenario is unlikely

Five products to watch for this year

You might not have to depend solely on fixed-income products for yet another year, with many new instruments across sectors being introduced

One in three index stocks beats CPI in the long run

By investing in the index in a systematic manner, the chances of doing well increase substantially

Keeping new year resolutions

A few tips to improve your financial profile in 2014