Retail investors will soon have to obtain a net worth certificate from a chartered accountant and submit it to their broker, and their trading limits will be decided accordingly.
Given that medical inflation is estimated at 15% to 20%, a no-claim bonus can provide added benefit
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
Both NRIs and those who make payouts on sale of property need to understand the TDS provisions that are applicable or risk punishment, warns Sanjay Kumar Singh.
With the rupee slipping to nearly Rs 70 per dollar on Tuesday, most parents with children in the US will feel the pinch
Invest in liquid funds if you have a horizon of three months, ultra-short-term for six months, and low-duration funds for one year.
Agents often influence customers into buying new products every year instead of continuing with their existing policies
Ponzi schemes have characteristics that the informed investor can spot easily.
'By entering at an early age, they stand a better chance of developing into skilled investors.'
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
The bank can declare a withdrawal by you as illegal and deny any remedy in case a problem arises.
If you are bullish on the consumption theme, consider specialised mutual funds that focus on this theme. Remember that such sectoral mutual funds should not make up more than 5% to 10% of your equity portfolio.
Keep a close eye on credit quality, financials of NBFCs before investing. These instruments should not constitute more than 15 to 20 per cent of your debt portfolio.
Buy comprehensive motor insurance policy to guard against natural calamities.
China, France and Spain are emerging as hotspots for Indian students.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
Customers need to weigh whether they will be better off selling their mutual fund holdings or taking a loan against it.
Lending on peer-to-peer platforms is fraught with higher risks but investors can earn as much as 12% to 36%.
Install blockers to prevent falling prey to cryptojacking.
These institutes, while expensive, are a viable alternative to studying abroad.
