Page 75 - Personal Finance

Investing in cryptos: Be mindful of high volatility, regulatory overhang

Potential investors should be mindful of regulatory overhang and high volatility

Financial planning for 2024, farmhouse luxury: Top personal finance stories

This week we advise on what to do about your money goals and how to plan a getaway investment in the greens

MAAFs: After sharp equity run-up, diversify with these all-weather funds

Both return and tax treatment can vary widely based on each fund's asset allocation mandate

Interest rates, tenure, terms of fixed deposits explained in table

Fixed deposit rates of financial companies are a conservative way of investment

Missed Dec 31 ITR deadline? Apply for condonation of delay at the earliest

Taxpayers may file an updated return after April 1

Bank FD rates soar: Right time for investors to secure peak returns

Small finance banks' FDs yield more than larger banks' offerings, but invest in them sparingly. Investors need to lock into current peak rates before they begin to decline

Amid market volatility, multi asset funds can fulfil long-term needs

Multi-asset funds invest in a variety of asset classes, such as equity, debt, gold, and real estate which help in risk diversification

Budget 2024: Rebate under new income tax regime may be hiked to Rs 7.5 lakh

Last week, the PFRDA chairman had said that the body has recommended employer contributions to the National Pension Scheme up to 12 per cent to be exempted from the income tax

Bank bound to honour bearer cheque

The National Commission pointed out that by issuing a "self" cheque payable to "bearer", Susheel had relinquished the right to question its encashmentc

Term insurance test and getting into movies: Top personal finance stories

This week we explain how self-employed people can get term insurance and how train for a career in showbiz

Higher fund flows into India, other EMs likely to boost asset prices

Stick to asset allocation linked to financial goals, avoid wholesale portfolio changes

RBI takes steps to curb inoperative bank accounts: Things you should know

The RBI has issued fresh guidelines to reduce the quantum of inoperative bank accounts and unclaimed deposits with focus on tracing customers, and reducing fraud risk. Check all the details

Equity funds' outlook for 2024: Book profits in smallcap, midcap funds

Money received should be allocated to largecap funds and fixed-income instruments

Prioritise life coverage, financial aims when delving into ULIP investments

Term plan plus MF combo offers greater flexibility and liquidity

Delaying residential property purchase will only increase acquisition cost

Waiting for interest rates to soften is also not advisable, warn experts

Sebi extends deadline to add nominees in mutual funds, demat accounts

Markets regulator Sebi on Wednesday extended the deadline to June 30 next year for demat and mutual fund account holders to provide a nomination. Earlier, the deadline to nominate a beneficiary or opt out of it by submitting a declaration form was December 31, 2023. The move is aimed at helping investors to secure their assets and pass them on to their legal heirs. "Based on representations received from the market participants, for ease of compliance and investor convenience, it has been decided to extend the last date for submission of 'choice of nomination' for demat accounts and mutual fund folios to June 30, 2024," the Securities and Exchange Board of India (Sebi) said in a circular. Further, Sebi asked asset management companies (AMCs), depository participants and Registrar and Transfer Agents (RTAs) to encourage the demat account holders and mutual fund unit holders to fulfil the requirement for nomination/opting out of nomination by sending a communication on fortnightly ba

Managing portfolio: Stay with winners or make bets laggards in 2024

The start of a new year is also a good time to make bets on stocks that have been laggards and could potentially see a turnaround in their fortunes next year

Bank held liable for employee oversight

The State Commission concluded that the bank officials had evidently been negligent in failing to compare the signature prior to making payment

All about profit booking, picking blazers: Top personal finance stories

This week we write about how to plan profit booking and getting the best look in blazers

Allocate 20-30% to long-duration debt funds, enter with 6 to 8 years period

Even when investing solely for capital gains, stay flexible and extend investment horizon if required