Raise the amount of life cover you own if your liabilities and responsibilities have increased during the year, says Arvind A Rao.
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
The levy has also been removed on low cost houses up to a carpet area of 60 square metres in a housing project under any housing scheme of the state government.
Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Insurers have eased the documentation process to file claims so that they can be settled faster
Many of us commit these generic mistakes which can turn our insurance buying decision futile, says Shikha Verma
Sanjay Kumar Singh draws up a mediclaim policy checklist.
These offer great scope and flexibility when you fall upon hard times, says Harjot Singh Narula
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
Bank licencing has been a "once in a decade" affair and so it could well be that we don't face this process anytime soon.
Bharti will move FIPB soon for increasing Axa's stake to 49%
Shikha Verma explains how child insurance plans can help you achieve your child's financial dreams.
The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
The Insurance penetration in India is very low at 3.9 per cent.
Moving from pricing control to a free market means stiff competition.
