BUSINESS
New Income Tax forms are out: Know the four key changes
Forms factor in extended tax-saver investment deadline, seek more disclosures on foreign travel and electricity consumption.
BUSINESS
Lower PF contribution of 10 percent is not mandatory, EPFO clarifies
Comfortable with your liquidity situation? Opt for higher EPF contribution
BUSINESS
Alas homebuyers, the Force (Majeure) is with builders now
Developers have the legal sanction to postpone project completion
BUSINESS
Extension of EMI moratorium: Be mindful of the high interest burden
Interest will continue to accumulate during the period, as it is a deferment and not a waiver
BUSINESS
Home loan EMIs to turn cheaper as RBI reduces repo rate
Banks have to reset their rates at least once every quarter
BUSINESS
Reduction in EPF contribution: Opt for VPF to make up for the decline in your kitty
It is a highly secure, tax-efficient avenue that offers better returns than most debt instruments
BUSINESS
Interest subsidy scheme for middle-income home buyers extended
Industry-watchers say the government’s move will give a boost to the real estate sector
BUSINESS
FM’s stimulus: Lower EPF deduction to put more money in the hands of employees
“The move to cut EPF will help increase the take home pay of employees. It will also reduce the cost to the employers, especially for international workers where the company picks up the cost,” said Saraswathi Kasturirangan, Partner, Deloitte India.
BUSINESS
Insurers increase term cover premiums: What should policyholders do?
Premium rates could go up further over the next six months, but do not rush to buy policies without meticulous homework
BUSINESS
We are closely monitoring persistency and surrenders at the company level: HDFC Life
Over 90 per cent of our renewals come through the online mode. Digital adoption is already high for us.
BUSINESS
Mother’s Day: How expectant moms must plan their money matters
Put a financial plan in place to cover your expenses during childbirth and career break
BUSINESS
State Bank of India hikes home loan rates by 20 bps from May 1
This move comes at a time when the bank has reduced its marginal cost of funds-based lending rate (MCLR) across tenures by 15 bps, with effect from May 10
BUSINESS
Exposure to sub AAA-rated bonds much lower in the insurance sector: Exide Life
The long-term outlook for the well-managed banks remains strong, though the near-term could be challenging even for these
BUSINESS
Are hospitals overcharging for COVID treatment? Insurers to analyse claims data
Insurers have now started collecting claims data to understand the trends and identify unreasonable charges, if any
BUSINESS
Switch to repo-linked home loans in COVID times, save on EMIs
If your home loan is linked to the MCLR or Base Rate, move to repo-linked lending rate to reduce your interest outgo
BUSINESS
Paying health premiums in instalments? Know the nitty-gritties
Policyholders struggling with COVID-19-induced cash crunch may opt for it, but they must know the flipside before signing up
BUSINESS
Small saving schemes: Taking on the might of MFs and insurance products
The infrastructure and service standards at many post offices are not up to the mark
BUSINESS
Small saving schemes: Helping investors of all hues realise their life goals
Small savings have thrived because they offer safety and higher returns
BUSINESS
RBI offers bad-loan classification relief to borrowers and banks
Moratorium period to be excluded for NPA recognition
BUSINESS
ULIP proceeds battered by falling markets? Take staggered payouts to recoup
This option allows policyholders to get their maturity proceeds in instalments, over a period of up to five years
BUSINESS
Coming soon: A health policy that allows you to save for out-of-pocket expenses
The second tranche of pilot insurance products approved by the IRDAI have some interesting features, but know the limitations before signing up
BUSINESS
Pushing validity of 15H/15G forms to June 30, a relief to taxpayers
The I-T department’s relief measure would particularly benefit senior citizens
BUSINESS
Moratorium: Skipping three EMIs? Be ready to pay 16 more instalments
Moneycontrol clears some common misconceptions regarding the home loan moratorium
BUSINESS
RBI Moratorium: Postponing credit card dues will mean paying exorbitant interest costs
Use the flexibility only if you have no funds to pay your dues
