Page 815 - Personal Finance

Opportunities for long-term investor

The markets aren't expecting too much on the reforms front due to political instability

Coming soon: Pre-filled I-T return forms

Govt may take tax simplification drive a step ahead by pre-populating parts of info

Few health cover options for parents

While individual policies are expensive, consider family floater only for parents or top-up on group cover

DHFL Vysya cuts rate by up to 0.5%

DHFL has decided to reduce the interest rate in 0.2-0.5% range on housing loans from April 1 while aiming for 50% growth during 2013-14.

HDFC Bank cuts base rate by 10 bps to 9.6%

Becomes the first bank to pare lending rate after RBI's March policy

New interest rates on PPF, other schemes

The rate of interest on PPF has been lowered from 8.8 per cent to 8.7 per cent with effect from April 1, 2013

Equity fund managers trim position on bank stocks

Cut allocation by 130 bps after five months of continuous buying

HDFC ERGO launches policy for overseas student travel

Policy provides cover against unforeseen expenses such as hospitalisation, accidental death, permanent disablement and dental treatment

How restaurants can overcharge you

The tax component might be charged on the entire food bill, which is illegal. Read on for the other ways

Motor insurance premium to be costly by up to 20% from Apr 1

Charges for the third party insurance cover as per the notification will go up for two-wheelers, passenger cars and commercial vehicles

Interest rate on small savings, PPF lowered

This includes fixed deposit and recurring deposit as well as National Savings Certificates

Public sector fund houses see rise in market share

Returns on post office savings still favourable: Montek

The government has decided to cut rate of interest on post office small savings by 0.1%

Confusion galore for customers to comply with KYC norms

Are we heading towards a gold bubble?

L&T to buy 50% in Future Generali Insurance

L&T Finance will buy Pantaloon Retail's 50% stake in the general insurance business of Future Generali for an estimated Rs 560 crore

Tax dept will continue sending letters to non-filers: FinMin

The Income Tax Department has already issued letters to over one lakh non-filers

Interest rate on small savings, PPF lowered by 0.1%

The govt also lowered the rate on other small savings schemes with maturity of two years or more by 10 basis points

Case study

Realty check

Budget: Rs 1 crore to Rs 1.5 crore