Page 12 - Personal Finance

Investors filing tax using LRS route must disclose foreign assets, income

Misreporting may invite penalty as high as Rs 10 lakh, can go up to 200 per cent of the tax due

Home insurance: Ensure policy covers calamities, pays reconstruction cost

Disclose all extensions, additional structures at the time of purchase

Debt funds: Keep bulk of portfolio in short to medium-duration funds

India's 10-year benchmark bond yield, which fell to 6.13 per cent on June 6, closed at 6.31 per cent on July 15

UPI-PayNow: Step-by-step guide to instant India-Singapore remittances

NPCI expands UPI-PayNow linkage, making India-Singapore money transfers faster, cheaper and seamless for users. Here's how to use the service step by step.

HRA exemption glitch in ITR utility: What salaried taxpayers must do

'Taxpayers must calculate exemption based on residence, not workplace, to avoid notices' says experts.

Flexicap funds: Freedom to shift across market caps helps mitigate risks

Flexicap funds suit investors who prefer to delegate market-cap allocation decisions to a professional

Understand the legal and financial implications before gifting property

A registered gift deed transfers property ownership permanently and cannot be revoked unilaterally, unless specifically stated-donors and donees must plan with caution

How tax changes have transformed debt MF landscape, altered investor choice

Fund houses have launched debt-arbitrage FoFs to attract investors in higher tax brackets

ITR forms explained: ITR-1 to ITR-5 & what’s new this year?

It’s income tax filing season, and let’s be honest, it can get pretty confusing trying to figure out which ITR form applies to you. Add to that a bunch of new updates from the Income Tax Department

Avoiding fraudulent loan apps: RBI listing, ratings & reviews key to safety

Loans from registered NBFCs or banks come with a key fact statement (KFS), a sanction letter, and a loan agreement detailing all costs

Arbitrage funds: Low-risk, tax-efficient option, enter with 6-month horizon

Arbitrage funds have become increasingly popular due to their low-risk nature and tax efficiency. With a 6-month investment horizon, these funds offer strong post-tax returns

Flat booking cancellation and refund: Evaluate finances, do due diligence

Homebuyers should understand RERA-based cancellation and refund rules before entering into a builder agreement, especially regarding earnest money and default timelines

Evaluate OPD plans on sum insured, coverage, sub-limit, and network

Estimate your annual OPD expenses to decide suitable sum insured

Filing ITR without a CA? Don’t make these 5 common mistakes | ITR for AY 2025-26 | Personal Finance

Filing your Income Tax Return (ITR) for AY 2025–26 without a Chartered Accountant? It’s now easier than ever, thanks to digital tools, but a few common mistakes can still land you in trouble.

Tax deadline to train ticket cost: Key financial changes from July

Aadhaar-PAN rules to revised bank fees: Here's what's new for your money, travel, and taxes starting this month

Inside Gurugram's real estate boom: How traders are flipping the game

Gurugram's housing market is being reshaped by fast-trading buyers, not end-users, distorting prices and sparking new worries over affordability and risk

Beware pressure tactics: Limited-time deals and fear-based appeals

This National Insurance Day, let us look at the various types of fraud that are taking place and how you can avoid falling prey to them

NFO alert! Mahindra Manulife launches BFSI focused fund; check details here

Mahindra Manulife Mutual Fund has launched Mahindra Manulife Banking and Financial Services Fund. The NFO, which opened today, will remain available till July 11, 2025

Run SIP with long horizon, avoid lump sum bets amid high valuations

Despite stretched valuations and market volatility, smallcap funds saw strong inflows in May as investors bank on long-term potential and return to SIPs for stability

Bank's group coverage: Affordable, easier to acquire; but check for limits

Group insurance from banks may be affordable and easy to onboard but customers must watch for coverage limits, exclusions, and renewal risks before signing up