Customers frequently sign without reading the terms and conditions, resulting in a poor understanding of coverage, and eventually leading to partial payouts
'Any earnings, regardless of location, will be subject to Indian income tax.'
IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.
'The PAYD model adjusts the premium based on your driving habits. If you drive less, you pay less.'
Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.
'Younger employees, who tend to have a higher risk appetite, will find NPS advantageous due to the potential gains from equity markets over time.'
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
Scammers sometimes misuse personal information collected during tax preparation, leading to identity theft or unauthorised financial transactions.
'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and mistakenly use family accounts or invest in a relative's name.' 'Many are unaware of tax implications.'
Consider a combination of a base policy and a super top-up policy.
Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.
'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'
'In phases when smaller stocks do well, an equal-weight index performs better than its market cap-weighted peer.'
Submitting a late return helps you stay compliant with tax regulations and avoid legal issues.
'If the borrower can't repay the loan due to lack of income or losses from speculative activities, they risk defaulting on it.' 'This could lead to the bank seizing the property.'
'File all the supporting documents in response to the allegation since there is a possibility of the proceedings getting dropped at that stage if the reply is satisfactory.'
'PPF carries minimal risk.' 'Its fixed-income nature allows investors to diversify their portfolios.'
FDs are not advisable for long-term wealth creation as their post-inflation, post-tax returns are not very attractive.
A taxpayer who does not revise their return within the stipulated deadline would be stuck with the original return, including its errors.
It is advisable to file your ITR right away and not rely on potential extensions.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances