Knowing the inclusions and exclusions of the insurance plan tells the coverage limit of your plan.
Bank employees will get a lumpsum that should be used to meet financial goals.
If RBI slashes its borrowing rate, banks lend at a lower rate. Also, deposit rates go down.
With the corporate results season on, many investors would be keenly looking at companies they had invested in. There will be a range of experts with advise on buying and selling.
Students earning stipend in foreign currency need to pay tax, unless they get it as allowance.
For building long-term wealth, financial planners always advise that the systematic investment plans (SIPs) in equity funds is the best way.
If you want to work for the first few years before going for further studies, a part of the corpus can be created through equities.
Insurance and investment are two different needs. Then, there are Ulip pension plans with no sum assured. No wonder, there is confusion.
Banks are coming up with innovative products to attract B-school aspirants. Take your pick...
Delay your asset reallocation, take a call on debt after a few months.
After the first-year breather come penalties. That is, if returns for 2007-08 are filed after March 31, 2009, there will be a flat penalty of Rs 5,000. Importantly, there should not be any tax liability.
With the financial year coming to an end, one needs to start proper planning for the new one.
Go for short-term debt funds and fixed deposits, delay home or auto loans.
Windfall gains are easier to dream about than manage. Here is some advice on using the money:
Otherwise, while filing returns, you may have to pay additional tax.
Thirty per cent of the firms - mostly big companies - had no ceiling on the gratuity amount.
The common man's main grouse is high inflation numbers. But there are other anomalies as well that need to be addressed.
Given that debt is a major problem for most airlines, investors with a medium-term horizon should look at them.
With necessity being the mother of invention, commercial property developers are going off the beaten track to meet the challenge of a huge sales slowdown.
Unlike fixed deposits or other recurring deposits, the rate will be reviewed every three months.