Page 816 - Personal Finance
Another insurance-cum-investment product
LIC's product gives lower maturity benefits and returns in the long run
 "Another insurance-cum-investment product")
Mutual funds, insurance plans not tax-effective for retirement
But returns from EPF and PPF are not very high. Have a diversified product mix
 "Mutual funds, insurance plans not tax-effective for retirement")
One travel allowance can be extended
If you don't use the two LTA exemptions by December 2013, one can be availed of in 2014-17
 "One travel allowance can be extended")
Travel without burning a hole in your pocket
Cut costs by booking tickets and hotel rooms in advance, opting for group packages, eating and shopping where the locals do
 "Travel without burning a hole in your pocket")
Gold perception needs to change
Making a call on gold price trends through 2013 will be a toss-up
Reliance Life Insurance launches new healthcare plan
New scheme is a comprehensive coverage for hospitalisation, surgeries and critical illnesses for the entire family in a single policy
 "Reliance Life Insurance launches new healthcare plan")
Parents are best teachers
Even before you start earning, learn the art of saving from parents
 "Parents are best teachers")
Stocks beat other investments in long term
Returns may be lumpy and volatile. But longer the hold, higher the returns and lower the risks
Tax benefits for children
School fees, education loan and health costs qualify for exemptions
 "Tax benefits for children")
Cardholder: 'Guilty' until proved 'innocent' in case of misuse
In case of fraudulent usage of credit cards, lodge a formal complaint and keep proper documentation. Don't rely on verbal communication with the bank
 "Cardholder: 'Guilty' until proved 'innocent' in case of misuse")
Non-single retail premium emerges savior for life insurers
Market slump and tax issues dissuade customers from single premium products
Standard product guidelines may go into cold storage
Regulator had proposed standardising some products that can be offered in 15 days of being filed with the regulator
PF, pension funds can soon invest in corp bonds
Relaxation of investment guidelines of pension and provident funds is required to enable the participation of a long term and stable class of investors
PFRDA will correct flaws in New Pension Scheme: Chairman
Under new rules, fee charged by fund managers wil be hiked to enable them to evolve an economically viable model
EPFO launches e-Passbook service for its members
The facility shall be available on www.Epfindia.Gov.In
Details of Rajiv Gandhi equity scheme by month-end
Govt has been considering reducing the lock-in period under the scheme to one year from the proposed three years