Page 17 - Personal Finance

Tax notice? Joint owners must save documents showing who funded asset buy

At the time of purchase, both sides ought to make a formal declaration of beneficial interest and financial contribution

Direct equity inflows decline: Focus on key fundamentals, not panic

Replace underperformers with quality, well-researched stocks

Money mkt funds can yield better returns than liquid funds in 6-12 months

Before investing, check the proportion of A1+ holdings and their composition

If you are buying a home, check out the best home loan rates available

With home loan interest rates likely to remain stable in the near future, here are the various options available from lenders across the public and private sectors

Midcap funds: Invest amid valuation comfort, strong earnings growth outlook

Enter with 10-year horizon; exposure can range from 20-40 per cent of portfolio, depending on risk appetite

Margin trading: Track trades, set stop-losses, focus on quality stocks

Be on the alert for margin calls, have liquidity for top-ups, especially in volatile markets

Loan against insurance: Compare with FD, gold, and top-up loans

Remember, if surrender value falls below dues, the policy is foreclosed, leading to loss of coverage

Buyers investing in agricultural land must adhere to state-specific rules

Some states allow only agriculturists to buy, while others require outsiders to secure approval prior to purchase

Buying home: Choose based on urgency, risk appetite, and financial capacity

Go for ready home if you need to move in instantly and can pay full EMI; under-construction if you prefer phased payments and can tolerate construction risk

SBI hikes auto sweep threshold to Rs 50,000: What it means for customers

Surplus funds in savings accounts will now be swept into fixed deposits only if balance crosses Rs 50,000

Switching health policy? Seniors must secure written assurance on benefits

On receiving the policy document, check fine print to ensure the commitment has been fulfilled

What are the best term insurance plans currently available for young men?

Here is a list of the best insurance premiums for a term insurance plan available for young male professionals under the age of 30 and working in a city

It's time to get started, put money in deals: M&A financing opens up

Bank financing of M&As will be like any other business and only needs guardrails

No 'status pressure': Bengaluru man builds Rs 1 cr corpus with frugal life

Former proofreader says in Reddit post he has never taken a loan or owned a credit card as part of financial discipline

GST exemption on life, health policies: Lock in lower term premiums now

Enhance sum insured on base health policy, buy add-on cover

Late ITR after Sept 15: Why the hit is bigger than just a penalty fee

From losing the old regime option to higher interest outgo, here's how a delayed ITR beyond September 15 can shrink your savings.

Milk to medicines: GST cut could save your family over ₹15,000 a year

From groceries and toiletries to life-saving drugs, new rates of consumption tax will help household budgets

Dividend yield funds seen as stable option for sound risk-adjusted returns

These funds may underperform growth funds and lag during bull runs

Retirement plans: Always check net return before making investments

These products are simple, transparent and easy to understand. The returns are guaranteed, and locking into a fixed rate feels reassuring at a time when deposit rates are declining

How to clear your 25-yr home loan in 10 years and save lakhs in interest? EMI

Struggling with home loan EMIs? In the early years, most of your payments go into interest, not principal — making your loan feel endless. But there’s a smart repayment hack that can cut a 25-year