personal finance

Budget 2021: Another cess coming? Taxpayers are bearing a heavy burden

Should Sitharaman choose to levy a cess or a surcharge for the Covid vaccine drive, without some rejig of tax slabs, the burden of taxpayers will rise further

1.28 crore people covered under corona insurance policies: IRDAI chief Subhash Chandra Khuntia

During the pandemic, two corona-specific products -- Corona Kavach and Corona Rakshak -- were launched by insurers under the guidance of the Insurance Regulatory and Development Authority of India (Irdai). Besides, the insurers also introduced coverage against COVID-19.

Are Credit Risk Funds back?

DCB Bank and Yes Bank offer the best interest rates on tax-saving deposits

DCB Bank and Yes Bank offer 6.75% interest on five-year tax-saving deposits, while SBI offers 5.40%

Returning unitholders money: The first of many steps needed for Franklin Templeton's image makeover

Franklin Templeton also faces the uphill task of getting its equity funds back in the reckoning

Coming from April, IRDAI's standard Pension plan: Should you invest in it?

The insurance regulator has mandated yet another standard product, this time in the pension space. Find out if it deserves a place in your retirement portfolio.

IDFC First Bank’s low interest credit card: Nothing attractive for a prudent user

IDFC First Bank introduces credit cards with annual interest rates as low as 9 percent. But not all customers will enjoy this rate

Sundaram Asset Management acquires Principal Asset Management Company

Sundaram MF will take over all the schemes managed by Principal MF and acquire 100 percent of the share capital of Principal Asset Management, Principal Trustee Company, and Principal Retirement Advisors.

Fixed income investments: Stay with short end of the curve and avoid long duration products

On a risk-adjusted basis, the returns from the shorter maturity funds is far superior.

Bitcoin part 2: Should you invest in this cryptocurrency?

Invented mostly for fun, cryptocurrencies have gained popularity as an alternative currency first, and then as an investment. But they are unregulated and volatile

What the common man wants from Budget 2021

It’s time to increase the limit on Section 80C. Currently, this stands at Rs 1.5 lakh a year

How to bequeath your digital assets

When planning for your estate, you should consider preparing an e-register of all the digital assets

4 reasons why you must still invest in gold

High inflation and fiscal deficit are conducive for gold prices

State Bank of India, Punjab National Bank offer education loans at 6.9%

Union Bank’s interest rate on education loans even lower at 6.8 percent

Legal heirs responsible for paying deceased's tax dues

The legal heirs are liable only up to the extent of the assets that they inherit from the deceased

Bitcoin part 1: Here’s how the cryptocurrency works

The Bitcoin is back. People world over have been wanting a piece of Bitcoin. Moneycontrol’s special two-part series explains how it works and why Central Banks are worried about it

Redemptions from equity funds suggests greater investor awareness: PGIM India MF

Investors are booking profits as markets touch new highs

Simply Save podcast | Union Budget 2021: Enhance section 80D deduction limit on health insurance premiums

Healthcare industry – and also health insurance sector – could be the centre of attention in Union Budget 2021, due to the COVID-19 fallout

The main reasons that should help you decide about investing overseas

Do you want to invest outside India? Read this article first

Aadhaar Card update | No documents needed to add, change mobile number: UIDAI

Apart from a mobile number, Aadhaar Card-holders can update their details like a photograph, biometrics, or email id, too without any documents. They just need to visit any of the official Aadhaar Seva Kendra and update their details.

Should Budget 2021 increase the price limit for affordable housing? 4 experts weigh in  

At present, an affordable house is supposed to have a carpet area of up to 60 square metres in metros and up to 90 square metres in non-metros.

SBI Retirement Benefit Fund NFO review: Should you invest?

The fund offers four plans for investors with various risk-profiles, by allocating to equity and debt

Follow these 7 investing principles for wealth creation

We cannot predict how far market valuations will be supported, but these investing principles will help you navigate uncertainties and volatility

COVID-19 prompts Indians to scurry for life cover: Max Life Survey

Working women, millennials register faster growth in life insurance awareness

How asset allocation must vary for different money goals

Once you are really clear about the financial goals you wish to pursue, you need to estimate the time horizons for each