During the trip, check your bank account and credit card statements regularly for unauthorised transactions.
'If something unfortunate happens to an earning member, the family loses the crucial income which would have gone towards paying off debts, meeting the cost of children's higher education, or towards the upkeep of elderly parents.'
The choice should depend on the size of the retirement corpus, stage in life, and state of health.
Employees should review the accuracy and completeness of the information provided in Form 16. They should confirm that all the tax deducted has been credited correctly.
Senior citizens should avoid putting their entire retirement corpus in SCSS.
Begin by creating a household budget. Involve all family members in the exercise and cut costs wherever possible.
Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.
Group term insurance is far more cost-effective than an individual cover.
Keep sufficient funds in your bank account until the cheque is cleared.
The rally in silver may continue if the global economic recovery remains on course.
If your flight is cancelled or delayed or you miss one, a travel insurance policy can cover the costs at such times and help you book a new one.
'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'
'Individuals can consider dividing ownership of properties between related persons to ensure that the sale transactions are below the Rs 50 lakh limit and therefore not subject to TDS.'
'Non-par plans returns are not market-linked. Hence, they can offer guaranteed returns.'
'Negotiate a longer agreement with the escalation clause fixed now.' 'This will enable you to control future cost increases.'
'Investors don't have to worry about underperformance in passive funds, which earn market-equivalent returns.'
The Income-Tax (I-T) department has issued around 8,000 notices to salaried employees, self-employed individuals, and companies who made significant donations to charitable trusts. The department suspects potential tax evasion, as records of these donations do not correspond with the income and expenses of those making them. Sandeep Bajaj, managing partner, PSL Advocates & Solicitors, says, "Notices were issued for donations made during the assessment years of 2017-18 through 2020-21."
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
The advantage of leasing is that you can get a new car every few years. You can also get to drive a high-end car without paying its entire price.
While equity savings funds could offer higher returns over three-five years, they would also be more volatile.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances