Page 28 - Personal Finance

Resolve insurance disputes efficiently with Bima Bharosa & ombudsman

If the grievance system misses resolution deadlines, don't hesitate to follow up frequently. Consistent follow-ups ensure your issue remains a priority and that delays are addressed

GSTN launches online rectification for pending ITC claims from 2017-2021

Once processed by the tax department, this rectification application will release the pending input tax credits from previous years and adjust the GST order to reflect a nil demand

Aadhaar-based e-KYC for savings accounts in post offices is now possible

Until the full system enhancements are implemented, customers' consent for e-KYC and specimen signatures will be collected using physical forms

Trading volume in dollar-rupee NDF hits record high on arbitrage activity

Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, data from Clearing Corporation of India showed

Aggressive hybrid funds: Cope with mkt volatility, benefit from rate cuts

If interest rates decline, the bond component of these portfolios could generate capital gains. Conversely, rising interest rates may cause short-term losses

HDFC Bank hikes fixed deposit rates to 7.9% from 7.75%

The bank offers fixed deposits (FDs) with tenures ranging from 7 days to 10 years, featuring annual interest rates between 3 per cent and 7.90 per cent

Mirae Asset launches smallcap fund, targets India's high-growth segment

The scheme will invest in quality stocks that show sustainable high earnings growth, high capital efficiency, good corporate governance and have low or negligible leverage

Israel launches e-visa for Indian travellers: How to apply & required docs

The e-visa platform is integrated with Israel's Entry Travel Authorization (ETA) system, ensuring efficient processing and prompt approvals

Consumer protection: Challenges of prolonged litigation, low compensation

Since no expert evidence was provided, the National Commission held that a "manufacturing defect" had not been established, but the repeated major repairs constituted a "deficiency in service"

Buying a home? Explore the best loan rates in January 2025

Terms vary and are influenced by several factors including your creditworthiness, loan amount, profession

Planning to buy a new car? Here are the best loan rates by several banks

The EMIs you pay on the loan will vary significantly depending on the interest rate

Riders on the storm: Indian biking comes into its own as riders hop on

With the advent of a slew of foreign makes, Indian bikers are now spoilt for choice, and the growing numbers of riders point to the emergence of a proper riding culture in the country

Guwahati emerges as fastest-growing spot for international travelers

According to Agoda's New Horizons report, Malaysia is an increasingly popular choice among Indian travelers heading abroad

Personal loan EMI calculator is equal to smart borrowing decisions

The digital tool aids in budgeting, and provides flexibility by allowing users to experiment with different loan tenures

Now, file rectification requests online for incorrect ITR processing

New feature added to the ITR portal streamlines rectification process, which previously required manual submissions and was often fraught with delays and complications

Key financial changes coming into force from Jan 1 that taxpayers must know

Several key financial deadlines have changed, including filing belated income tax returns (ITR) by the due date and availing of Vivad Se Vishwas scheme

Health insurance claims rejection up 19.10% in FY24: Irdai report

A claim is rejected or disallowed when an insurance company refuses to process it due to specific issues with its validity

These rule changes will impact how you file Income Tax returns in 2025

July 2024 steps will shape tax deductions and exemptions that can be claimed when filing an Income Tax Return (ITR) in July 2025

Build debt fund portfolio diversified across duration, watch volatility

Take limited exposure to longer-duration debt funds; match horizon with fund's portfolio duration

Key Financial Planning Tips Before Starting Your Career

In this episode of Manager’s Mantra, Harsh Gahlaut, Founder & CEO of FinEdge, shares expert advice on launching businesses, managing global teams, and mastering personal finance.