Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.
By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.
There is need for buyers to understand cancellation rules before entering into a purchase agreement with a developer.
Did you know that CVs without a cover letter, or with irrelevant and outdated details, are often discarded within the first 10 to 20 seconds?
'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
We asked you, dear readers to share your best tips on saving money. Dibyendu Kumar Roy, 43, from New Delhi shares his tips.
Fraudsters lure individuals with false promises of recovering bonuses or maturity proceeds from lapsed policies.
Saurav Ghosh's step-by-step guide will help you understand what bonds are, how they help investors make money, how much money they make and which bonds to invest in.
We asked you, dear readers to share your best tips on saving money. Rajarshi Pathak, 34, from Bengaluru shared these tips.
Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.
'While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.'
'We expect market consolidation and recommend buying during market dips.'
In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
A more methodical and balanced approach to all asset classes depending upon individual risk appetite is among the best way to create long term wealth.
AI isn't a magic wand. It works best when combined with good systems, informed investors, and skilled advisors, says Amit Suri.
If nominees pass away, distribution is governed by succession laws of insured's religion.
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
Master the online ITR filing process and then learn the differences between the old and new tax regimes to pick your best option.
A higher TER means a larger portion of the return goes to the AMC, leaving less for the investor, unless compensated by higher returns.
Do not keep a large portion of your long-term portfolio in FDs.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Do not, however, enter expecting quick returns.
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
If you fail to make the lump sum deposit before April 5, do so at least before the 5th of the next month (May). That way you will only lose out on the interest for April.
Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.
'Opt for a minimum cover of Rs 10 lakh to Rs 15 lakh, especially in urban and metro areas.'
It is advisable to file your ITR right away and not rely on potential extensions.
If the gift is received from a relative, there is no tax implication. But if the gift is received from a non-relative and exceeds Rs 50,000 in value during a financial year, the entire value of the gift is taxable.
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Only investors with a higher risk appetite should enter these funds.
'Young investors with limited funds should ensure that investing in NPS does not crowd out their other, more liquid, investments.'
'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'
Deductions missed in Form 16 can still be claimed while filing ITR.
When shorts are based on perceived corporate mismanagement or malfeasance, as in cases like Enron and Satyam, they enable the financial system to work efficiently, points out Devangshu Datta.
If you are overweight on fixed-income instruments, go for ELSS, and vice versa.
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
