Sanjay Kumar Singh

All stories by Sanjay Kumar Singh

How loan restructuring scheme can impact your finances

How loan restructuring scheme can impact your finances

Rediff.com2 Oct 2020

The accumulated interest will increase the principal and you will have to pay a higher rate. Borrowers should take the restructuring plan only after they are convinced they have exhausted all other options.

Buying a used car? Read this

Buying a used car? Read this

Rediff.com8 Sep 2020

Buying a used vehicle is a lot more complicated. Not only do you have to worry about its condition, you also have to think about whether the price you are offering is anywhere close to its true value, reveals Sanjay Kumar Singh.

Why investors MUST book partial profits in gold

Why investors MUST book partial profits in gold

Rediff.com27 Apr 2020

Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.

Work from home tips: 'Do not work sitting on your bed'

Work from home tips: 'Do not work sitting on your bed'

Rediff.com14 Apr 2020

You need to revamp both your work practices and technology tools to maintain your efficiency and effectiveness

NRIs, check the number of days you spend in India

NRIs, check the number of days you spend in India

Rediff.com2 Mar 2020

The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.

Salary increase in 2020 may be lowest in a decade

Salary increase in 2020 may be lowest in a decade

Rediff.com19 Feb 2020

The projected increase for 2020 is lower than the average salary hike that graduates of top business schools have managed - at around 12 per cent.

Buy health insurance early in life

Buy health insurance early in life

Rediff.com31 Dec 2019

'A 25 year old buying a high-value policy now will be well covered even in his 40s.'

Do not lower your EPF contribution

Do not lower your EPF contribution

Rediff.com27 Dec 2019

If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.

Invest through MF route in mid-caps

Invest through MF route in mid-caps

Rediff.com20 Dec 2019

The worst may perhaps be over for these stocks, suggests Sanjay Kumar Singh.

Explained: Why Bharat Bond ETFs is good investment option

Explained: Why Bharat Bond ETFs is good investment option

Rediff.com19 Dec 2019

These ETFs will also carry interest-rate risk, especially the 10-year ETF. The investor can overcome this risk by holding them till maturity, suggests Sanjay Kumar Singh.

High risk investor? Check this out

High risk investor? Check this out

Rediff.com10 Dec 2019

Two factors play a predominant role in fetching good returns -- stock selection and allocation, suggests Sanjay Kumar Singh.

Paying high interest on home loans? Read this

Paying high interest on home loans? Read this

Rediff.com9 Dec 2019

By evaluating their loan rate against the best available every year, borrowers can achieve considerable savings over the entire tenor, suggests Sanjay Kumar Singh.

Affected by Karvy crisis? Read this

Affected by Karvy crisis? Read this

Rediff.com6 Dec 2019

In case of any grievance, file a complaint with Sebi on its SCORES (Sebi Complaints Redress System) web site, suggests Sanjay Kumar Singh.

Better to revive old LIC policy or buy new one?

Better to revive old LIC policy or buy new one?

Rediff.com5 Dec 2019

LIC is currently allowing customers to revive policies that have lapsed for more than two years.

Rising child healthcare cost? Opt for family floater plan

Rising child healthcare cost? Opt for family floater plan

Rediff.com26 Nov 2019

Once the child is 90 days old, parents must add her to the family health floater cover, suggests Sanjay Kumar Singh.

Ageing parents? How to meet medical expenses

Ageing parents? How to meet medical expenses

Rediff.com22 Nov 2019

'Children should include their parents in the group health insurance cover provided by the employer at the earliest.' 'However, the elderly should not depend on it alone and should also buy a personal health cover,' suggests Sanjay Kumar Singh.

Joker's Stash: Hope your credit, debit card details are not up for sale

Joker's Stash: Hope your credit, debit card details are not up for sale

Rediff.com15 Nov 2019

Reports suggest this lot could fetch the cybercriminal as much as $130 million upon sale.

Think twice before exiting SIPs prematurely

Think twice before exiting SIPs prematurely

Rediff.com14 Nov 2019

Investors may have already borne most of the pain and hence should not give up now, says Sanjay Kumar Singh.

IT, pharma funds safe bets in a bad market

IT, pharma funds safe bets in a bad market

Rediff.com5 Nov 2019

Investors, however, need to understand their prospects before deciding to raise their exposure to these export-oriented sectors, suggests Sanjay Kumar Singh.

Layoffs coming? How to prepare financially

Layoffs coming? How to prepare financially

Rediff.com4 Nov 2019

Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.

Taking a personal loan? Read this first!

Taking a personal loan? Read this first!

Rediff.com29 Aug 2019

Before taking such loans, compare the interest rates charged by various players, advises Sanjay Kumar Singh.

What to do if your MF is exposed to DHFL

What to do if your MF is exposed to DHFL

Rediff.com25 Jul 2019

Take a call to stay put or opt our based on whether you think the company will be able to find a strategic investor, suggests Sanjay Kumar Singh.

Sitharaman's 4-pronged attack on tax leakages

Sitharaman's 4-pronged attack on tax leakages

Rediff.com15 Jul 2019

In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.

How to get health cover for senior citizens

How to get health cover for senior citizens

Rediff.com15 Jul 2019

A number of insurers offer health policies designed especially for senior citizens.

5 key mistakes to avoid while filing I-T returns

5 key mistakes to avoid while filing I-T returns

Rediff.com2 Jul 2019

Incomes such as dividend, interest on tax-free bonds, eligible gifts, etc should also be reported even though they are tax exempt, suggests Sanjay Kumar Singh.

Hazards of investing in ponzi schemes

Hazards of investing in ponzi schemes

Rediff.com1 Jul 2019

The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.

Buying property? Please read this!

Buying property? Please read this!

Rediff.com14 Jun 2019

Before buying property, please carefully study the agreement with the builder, advises Sanjay Kumar Singh.

Here's some good news for central govt employees

Here's some good news for central govt employees

Rediff.com24 May 2019

Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument

Enter midcaps with a 5 year horizon

Enter midcaps with a 5 year horizon

Rediff.com28 Mar 2019

Investors not stop their SIPs or STPs due to election-related uncertainty.

How to enhance your medical insurance coverage

How to enhance your medical insurance coverage

Rediff.com25 Mar 2019

A sum insured of Rs 3 lakh to Rs 5 lakh may have been sufficient seven-eight years ago but would be inadequate today, especially for people living in metros, points out Sanjay Kumar Singh.

Tough law against illegal deposits

Tough law against illegal deposits

Rediff.com22 Mar 2019

'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'

Why fixed maturity plans work better than FD

Why fixed maturity plans work better than FD

Rediff.com14 Mar 2019

Heed your liquidity needs before investing in an FMP.

Got a job? Invest, but avoid these mistakes

Got a job? Invest, but avoid these mistakes

Rediff.com12 Mar 2019

Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.

Will your home loan EMI fall due to rate cut?

Will your home loan EMI fall due to rate cut?

Rediff.com18 Feb 2019

New borrowers will benefit if banks cut their MCLR. Older borrowers' EMIs will change only when their reset date arrives

It's cheaper to buy car insurance online

It's cheaper to buy car insurance online

Rediff.com14 Feb 2019

'Online aggregators offer discounts of 70% to 75%.' 'At a car dealership, the discount is usually in the range of 30% to 35%.'

Is it the right time to invest in gold?

Is it the right time to invest in gold?

Rediff.com13 Feb 2019

Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.

How to save taxes, meet long-term goals

How to save taxes, meet long-term goals

Rediff.com12 Feb 2019

Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.

Lessons for investors from Zee stock crash

Lessons for investors from Zee stock crash

Rediff.com9 Feb 2019

Stocks of companies where promoters have pledged a high percentage of shares, like the Zee group, can be volatile. Such stocks are also prone to rumours, reports Sanjay Kumar Singh.

How Goyal's tax breaks will apply to you

How Goyal's tax breaks will apply to you

Rediff.com2 Feb 2019

The point to note is that since the new rebate is up to a taxable income of Rs 5 lakh, if anyone earns even little more (say, even Rs 100 more) than this amount, he would have to pay all the taxes, according to the existing slabs.

Want to invest in NPS? Please read this!

Want to invest in NPS? Please read this!

Rediff.com17 Jan 2019

Given its features as a retirement product (long lock-in and compulsory annuitisation), investors should have other investments they can fall back on in case they need funds

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