Road ministry mulls a fee of Rs 15 for such a cover.

Car insurance may come with accident cover

Business Standard

New tax rules on perks need some smart changes in what you claim.

Use the company car, decline its leased flat, advise experts

I have been told that the exemption limit for wealth tax has been raised from Rs 15 lakh to Rs 30 lakh. However, some colleagues say this amount has been raised to Rs 50 crore. I would like to know my tax liability for the year ended March 31, 2009. I have agricultural land in Rajasthan, a residential house in Jaipur and a flat in Mumbai. My husband has some diamond-studded accessories and some shares and bank deposits.

Tax: Kanu Doshi

Use credit wisely, save, take insurance and sensibly invest in equities.

Spending lessons for singles

The risk profile of an investor is difficult to gauge because it oscillates with market moods. When the market is on the rise, even the most risk-averse start buying stocks. A sharp correction leads to panic selling, even by risk-takers.

What is your risk profile?

With the number of hit-and-run road accidents seeing a sharp rise last year, non-life insurance companies have seen a three-fold rise in claims settled under the Solatium Fund.

Hit-and-run claims triple in a year

10 companies to be penalised, Reliance General attracts biggest penalty.

Irda cracks whip on insurers

The government on Thursday set a schedule to examine the problems ailing the insurance sector in the field of accident insurance. This comes close on the heels of the Supreme Court suggesting the government to create a special fund for compensating accident victims by charging a cess on sale of petrol or a one-time premium on sale of new motor vehicles.

Government sets up schedule to provide relief to accident victims

Spurred by growth in the number of policies renewed, commission expenses of the life insurance industry grew by 5.64 per cent in 2008-09 to Rs 15,533 crore as against Rs 14,704 crore in the corresponding period last year.

Commission expenses of life insurers up 5.64%

A day after ICICI Bank cut rates, Axis Bank follows with a 50-75 basis points cut.

Race to lower car loan rate hots up

Unlike in India, a bill for treatment in other countries can be prohibitively expensive. You should have an insurance policy with your visa.

Cover your international travel

SIPs worked better than other investing styles in the last 15 onths, and you did not need to be an expert to succeed.

Investing styles dissected

While oil and gas companies are cash rich, focus on managements&rsquo; credibility and ability to run the business.

Oiling your investment wheels

Insurance planning is about coverage for eventualities, not profit.

Anticipating future risk

Invest Rs 1 lakh in property or stocks and double it in six months&rsquo;. Many would have received variants of this SMS in recent months.

100% returns = 100% trouble

The Pension Fund Regulatory Development Authority (PFRDA) is planning to reach out to industry chambers and associations to get their members into the new pension system (NPS).

PFRDA to reach out to industry chambers for enrolling companies

With bank FDs offering little, the risk-averse need to check company deposits or even balanced MFs.

Returns to beat inflation

Investors in stock markets in 2009 couldn&rsquo;t have hoped for a better year. Even if they had invested in index funds, they would have earned a good 100 per cent return. And some equity diversified funds would have performed much better.

Testing the mid-cap mettle

I have taken a comprehensive insurance policy for my car. It was stolen sometime back and I had followed all the procedures to claim insurance. But before I could get the settlement amount, the police informed me that the vehicle has been traced. The vehicle is in an extremely bad shape with some parts missing. I haven&rsquo;t taken the possession yet.

General Insurance: Bhargav Dasgupta

With the December inflation rate at 7.31 per cent, returns from an investor's debt portfolio are likely to be hit. The real returns, popularly known as inflation-adjusted returns, are likely to be much lower.

Move with the rates

With the rising cost of healthcare, it is important for everyone to have a proper health insurance policy. Ideally, a term policy, medical insurance and an accident policy should be enough. In case of a family, one could look at a family floater for medical insurance as well.

Not critical for everyone

Personal Finance: Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

Personal Finance: Investing, Planning, Retirement, Loans, & Insurance | Business Standard

Read about the smart strategies for Personal Finance Planning, Investing, Insurance, banking, budgeting, loans Tax Planning, retirement and insurance. Browse Business Standard to learn more on Personal Finance.

Page 925 - Personal Finance