Page 27 - Personal Finance

Homebuyer awarded Rs 2.26 cr for 10-year delay in flat possession

Haryana RERA's order in case underscores the legal obligations of real estate companies and homeowners' rights, say legal experts

Retired bank manager loses 2.2 cr in scam: Here's how to remain protected

Experts advise that if someone claims to be an authority, like police, an insurance regulator, or a ministry official, verify their identity by consulting contacting official helplines

What are the best Term Insurance plans for a young professional?

Here are the best premium rates for young male professionals in metros, offering coverage of up to Rs 1 crore

Tackling rising home prices: Research pricing, demand-supply for best deals

Buyers with a limited budget should explore upcoming locations

Indians can get UAE visa-on-arrival if they hold Schengen or UK PR visa

To qualify for the visa-on-arrival, passports must be valid for at least six months from the date of entry into the UAE

Retirement income: SWP vs Dividend Plans - which is the smarter choice?

In the last three years, the top 5 retirement funds have given an average return of 11-16 percent to investors

Wrongful tax claims: File revised, updated ITR before I-T dept's scrutiny

Once a wrongful claim is detected, penalties follow

Customs announces relief for international travelers' stuck duty payments

The Customs department has introduced refund guidelines for payments that were initially successful but ultimately failed due to any errors

2025 market outlook and investment strategies for investors in India

Varun Goel, sr. fund manager at Mirae Asset, discusses India's 2025 outlook, highlighting key sectors, smallcap opportunities, and tax-saving strategies for investors

Bollywood actor Amitabh Bachchan sells duplex flat in Mumbai for Rs 83 cr

Square Yards' analysis, based on a review of IGR registration documents, reveals that the duplex apartment was purchased by Bachchan for Rs 31 crore in April 2021 and was currently sold for Rs 83 cr.

Consumer protection: Seller can't charge for bag carrying its name

The National Commission held that charging a customer for a bag, which prominently displayed the company's name, logo, or tagline, amounted to advertising at the customer's expense

Hybrid funds: Low risk, high returns; experts explain who should invest

Through hybrid mutual funds, investors can not only benefit from the potential market growth but also reduce their risk by investing in debt securities

Choosing right hybrid fund: Risk appetite, horizon should guide your choice

Hybrid funds provide a structured way to handle market fluctuations

Dealing with recovery agents, baking a cake: Top personal finance stories

Our weekly newsletter this week has stories on loan customers' rights and the boom in bakery business

EPFO 3.0 rollout by June: Know how it will benefit members

Technology update will incorporate features similar to those offered by banks

Will Budget 2025 simplify tax filing for the common man?

A clearer system may lead to fewer disputes with tax authorities, fostering a more cooperative relationship between taxpayers and the government

Considering a new car? Here are best loan rates offered by 18 companies

The information is on monthly installments, processing fees and rebates

Fire insurance: Declare correct property value to ensure adequate payout

Fire insurance, also called as fire and allied perils policy (and often part of a home insurance policy), covers a range of risks

Facing a financial crunch? Here's how to pause your SIP payments

Step allows mutual fund subscribers to keep their funds invested and likely benefit from market recoveries during the pause period

Mutual funds raise Rs 1.18 trn via NFOs in 2024; thematic funds lead

Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to a report by Germinate Investor Services Research. This was higher than 212 NFOs collecting Rs 63,854 crore in 2023 and 228 NFOs garnering Rs 62,187 crore in 2022. The NFO landscape expanded from 81 offerings in 2020 to 239 in 2024, besides, the funds raised through the space more than doubled from Rs 53,703 crore in 2020. The trend suggests a strong growth trajectory and heightened investor confidence. Usually, NFOs come during a surging market when investor sentiments are high and optimistic. The NFOs were floated to capitalise on the mood of investors and attract their investment as they were willing to invest at that time. Industry experts said the stock market performance along with the positive investor sentiments led to higher fund mobilisation through NFOs in 2024. In the entire