The decision to remove the entry load had come on June 18, while the NFO of Reliance Infrastructure Fund was still on. However, this decision will be effective from August 1. So, Reliance Infrastructure's NFO was not bound by this ruling. NFOs coming on or after August 1 will not charge any entry load.

Dividend option for short  term, growth for long term

Business Standard

Commercial banks have sought six more months for restructuring cases (big accounts) with credit lines from a consortium of banks.

Banks seek six more months for recast of consortium loans

This financial year onwards, you won&rsquo;t have to pay advance tax if your tax liability is less than Rs 10,000 annually.

Advance tax limit hiked

Private Equity (PE) and Venture Capital (VC) firms which have been using the trust route as vehicle for funds to pass through the tax at entity level are divided if they should opt for Limited Liability Partnerships (LLPs).

Taxing LLPs at entity level a dampener for PE, VC companies

Auto insurance is the only cover that is legally required, and therefore every individual perforce makes sure that his vehicle is insured. But there are many interesting facets to motor insurance about which the layman is clueless and it is the duty of the insurer or the dealer to educate him about the nuances of motor insurance which would be of great benefit to the customer in the long run.

Web Excl: Tips on saving money on motor premium

Head & shoulder reversals

Base your finance planning on need and goals, not on matters outside your control.

Get past the budget hype

The government's borrowing programme will adversely impact returns from debt funds. Choose your funds carefully.

Raise your caution

The education ministry headed by Kapil Sibal is in the limelight, following the realisation that higher education and vocational training, are the best poverty alleviation tools in the long run.

Homework neglect

In a bid to meet its increasing operational expenses and maintain solvency margins, Aegon Religare Life Insurance Company Limited is planning to infuse a capital investment of Rs 180 crore by March 2010. This is in addition to the Rs 350 crore that the company had already invested since its inception around two years ago.

Aegon Religare to invest Rs 180cr

In what could have been an impact of economic slowdown, the payments made through credit card declined about 15 per cent in the first two months of the current financial year compared to the same period last year.

Credit card payments dip 15% in April-May: RBI

Press Trust of India

The Indian insurance industry is likely to pump in around $25-30 billion (around Rs 1.25-1.75 lakh crore) in the country&rsquo;s equity market.

Insurers likely to invest Rs 1.75 lakh cr in equities

You are all set to file your I-T returns. But have you checked the Form-16 itself for accuracy? Here's how to do it...

Take care of details while filing returns

After the Budget, the markets went down from 14,900 to around 13,400 in the next few days. Then there was a sudden turnaround and the markets are once again back to around 14,300. There are several reasons that can be attributed to the rise or fall of the index and a lot of dissection can be done. Does it do any good for people planning to invest? In fact the volatility of the markets and some of the stupid buy points that are suggested causes anxiety, and people end by not doing anything.

Fret not on stocks

It is always a good exercise to know your borrowing limit before you start scouting for a home. But it is important to remember that this pre-approved number is just that &ndash; a number and should not be taken as the final limit.

Prior approval is not final

For the first time during the past six months, HDFC Bank, the country&rsquo;s second largest private sector lender, has cut its prime lending rate (PLR) by 25 basis points (bps) to 15.75 per cent from 16.0 per cent.

HDFC Bank cuts lending rate by 25 bps

Unit-linked insurance plans (Ulips) are set to become more attractive for retail investors as the regulator today capped the charges levied by insurance companies on such investments. The cap, which comes into effect from October 1, will increase returns from Ulip investments.

Regulator caps Ulip charges

Insurance industry records growth in Q1, courtesy LIC

Public sector lenders lead the pack in this low-risk business.

Banks eye bigger slice of education loan pie

The bank has managed to collect only 19 forms.

Pension regulator ticks off SBI for not pushing NPS

The Pension Fund Regulatory and Development Authority (PFRDA) is planning to implement the second level of the New Pension Scheme (NPS) by December despite the first level attracting only 843 applications since its launch 45 days ago.

NPS Version 2.0 by Dec

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.

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