Page 876 - Personal Finance
Nature of service determines its purpose
Traders and business houses often try to camouflage a dispute and file a consumer complaint
Dealing with Sensex @ 20,000
The upside in a rising market is limited invest consistently to take advantage of lower markets as well
Revised ready reckoner rates to pinch pockets
Even if your agreement value is less than the ready reckoner rate, you will still have to pay duties and taxes based on the increased rates
Do not unwind leveraged position
Assume the Bank Nifty will have two 300-point swings this week exit if it moves against you
Are you super-rich?
If you earn Rs 12-15 lakh a year, you could attract additional taxes. Should you worry?
Encourage long-term fixed products
It will improve the purchasing power of many buyers, but high interest payout will be a deterrent
Get locked into fixed products
There is a small window till March-end. After that, liquidity will ease and banks might not be so benevolent
Porting is not that easy
The switching process is a headache and there are many restrictions
Insurance policies see a dip in average ticket size
Insurers with higher vintage managed to retain the ticket size of regular premium policies at around Rs 32,000 in FY12 similar to last year
Equity MFs' exposure in banks up 200 bps in Q3
Fund managers cut allocation in IT, FMCG and Pharma
Realty check
MONEY MAKERS 2005/ REAL ESTATE
Oil & gas, IT could outperform
Policy consistency and rising US demand for IT services make these two sectors attractive
Do you have enough to retire comfortably?
To achieve this, don't withdraw from your provident fund for frivolous reasons and invest some part in equities even after retirement