Gone are those days when borrowers used to find out the 'cheapest' rate of interest and there was another handful smart borrowers who negotiated a processing-fee waiver in addition to that.
All of us have faced upheavals at home, be it due to the death of a loved one or shifting to a different location. In between all this, very often we misplace, or forget about an insurance policy. And if you don't claim it for 10 years, it will probably be too late.
Here's a roundup of the key developments in the personal finance space this week.
One must have insurance cover for all risks because to protect against hazards and probability of loss.
In an interview to CNBC-TV18, Arun Sundaresan, Head of Product Management at Reliance Nippon Life Asset Management and Harshavardhan Roongta, Principal Financial Planner at Roongta Securities discussed investment options for the retired and those who are about to retire.
The MCLR regime was introduced by the RBI in April 2016 for better transmission of policy rate reductions to bank customers.
The LTCG tax burden that is applicable to equity mutual funds does not extend to unit-linked insurance plans.
The RBI did flag off the risks to inflation, but did not sound alarmist.
Credit and debit cards are the most common means of making digital or electronic transactions.
The severity of fall in equities has rattled investors and there will be a move towards gold, say commodity experts.
To get best returns and realise your financial goals, you must stay invested for the long-term.
Being optimistic is great but being blind may not good. There is always a possibility of life not working the way you had thought it would. And what if it does not.
Do not panic from the sudden volatility in the market. While investing in the market, patience is the key.
It would be nearly impossible to be successful in the field without these four building blocks of investment.
The government had to introduce anti-abuse laws in a bid to stop industries from misusing direct tax provisions, Sushil Chandra, Chairman of Central Board of Direct Taxes said today.
Under the existing regime, long-term capital gains (LTCG) arising from the transfer of long-term capital assets, such as equity shares or unit of equity oriented fund or a unit of business trust, is exempt from Income-Tax.
Adhia attributed the fall to decline in global equity markets, which had a ripple effect in India
The Budget announced a 10 percent LTCG on stocks and equity-oriented mutual funds if the amount of gains exceeded Rs 1 lakh
Equities will remain attractive as it is will help in beating inflation consistently and by a wide margin.
With the cost of medical treatments going up more than the general inflation levels and senior citizen having to spend relatively more money on their health.
The launch of an initiative like “RISE” that stands for the revitalisation of infra and education systems, with a war chest of Rs 1 lakh crore, will have a far-reaching impact on our lives.
In this episode of NSE FinWiz, Feroze Azeez, Deputy CEO of Anand Rathi Financial Services and Gajendra Kothari, MD & CEO of Etica Wealth Mangament discussed about why to invest in equities with the young professionals of one of India’s largest agri-commodity management companies, National Bulk Handling Corporation (NBHC).
In this episode of NSE FinWiz, Kalpesh Ashar of Full Circle Financial Planners & Advisors and Pankaj Mathpal, MD & CEO of Optima Money Managers discussed savings versus investments with the young professionals at one of India’s leading IT consultants, Datamatics.
As long as the total gain realised in the year of sale is more than Rs.1 lakh there would be LTCG implication even though the appreciation in each year is less than Rs 1 lakh
While this year Union Budget was a mix bag of both expectations and a few surprises, we list out a few broad points which will have an impact on how you save, invest, borrow, and insure.