Page 761 - Personal Finance

Tax implications of life insurance policies

Let us now check how these policies are taxed when surrendered before maturity and when kept till maturity

Promoters' investments boost MF assets?

Disclosures about promoters' investments & monthly data on the number of investors in a scheme will help investors

Move money partially to European funds

Europe is coming out of the woods & is expected to give good returns, but prospects from US look equally good

Existing eight managing non-govt money to reapply

The final date for technical bids is February 14; it is February 28 for commercial bids; these are separate applications

NPS proposes to relax no-withdrawal rule

Up to 25% of contribution can be taken out, for specified purposes and with time limits

Deposit rates unlikely to rise

Lending rates in certain segments may be increased; fixed depositors may lock into existing rates

Irda asks insurers to warn customers about fraud

Regulator has asked all insurers to highlight warning messages in their product advertisements on the same

Will gold rebound from here?

With prices slipping 25% in the international market, it is time to reduce your exposure

'Why are you pulling out so much money?'

Banks can't seek reasons for large cash withdrawals, as they are merely custodians. At best, smaller lenders can request prior notice

Reliance Life launches Super Money-Back Plan

Plan offers guaranteed money back benefits to policyholders every five years throughout policy period

Things to check before building your house

You are likely to face legal problems and cost escalation, if these issues aren't nipped in the bud

Case study

When cheques bounce

Banks charge double penalty - where the cheque is issued & where it is deposited

Are PSU stocks worth betting on?

Retail investors should carefully follow recent moves on high dividend payouts or stake sales in state-controlled companies

Readers' Corner: General Insurance

Kalamassery, Kochi: Strategic location for residential development

Got pre-2005 notes? Don't panic

Exchange old ones at your bank branch

Many stocks may see a turnaround next year

Reasons could be sector-specific or company-specific

Retirement as important as child's studies

Opt for instruments with a long-term lock-in period to ensure that you don't dip into your retirement corpus to meet other goals

The best of both worlds

Choosing between direct equity investing and buying equity mutual funds can get tricky. Here's what you should know