Only a limited set of investors should invest directly in corporate bonds.
Understand policy inclusions and exclusions to avoid surprises during claims.
Finding yourself often cash-strapped? Can't seem to save up to buy that cell phone or cute shoes? Here's a guide on how not just to save money, but also make more with little effort.
'There is a clear relationship between the Char Dham road widening and these landslides.' 'The situation has further worsened with the massive influx of tourists whose number are running into several lakhs per month.' 'No parameters have been laid down to control tourist inflow and the result is that the Char Dham yatra has seen a sharp escalation in accidents and loss of lives.'
A dummy's guide to help you become rich. Simple, but effective.
Some individuals opt for the new regime without a comparative analysis of the tax liability under the two regimes.
Rising inflation and stagnant wages are forcing a number of salaried professionals to venture into the bike taxi service as part-time riders.
Banks offer a wide range of group insurance plans -- personal accident, health, hospital cash, home insurance, credit protection, and critical illness.
Exercise a bit of restraint in a number of small-yet-effective ways.
We asked you, dear readers to share your best tips on saving money. Irish Verma shares these tips.
Borrowers should consider switching from an MCLR-linked to a repo rate-linked loan.
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
The most essential and necessary things should be on top of the list and others which we can do without should be avoided, says Nandini Anandkumar.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.
Don't solely focus on tax-saving alone.
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
Some of the suggested strategies include making thoughtful trade-offs between career choices and family responsibilities to avoid the guilt of not spending adequate time with elders and children at home; resisting the pressure to be a 'superwoman' by trying to manage everything alone; demanding, negotiating, and selecting jobs with flexible working hours; exploring work-from-home options; choosing an appropriate time for a career break; upskilling to re-enter the workforce after a break; and communicating openly with family members -- including spouse and in-laws -- about the support needed to grow professionally and the challenges faced at work, highlights N Ravichandran.
It is advisable to file your ITR right away and not rely on potential extensions.
Sanjay Matai, a financial adviser and author, penned this advice for his son when he got his first job and first paycheque.
'I would always put the money I saved into equity mutual funds -- mainly through the SIP route. 'This helped in swelling my savings over a period of time,' says Avik Chowdhury.
The foremost lesson for India today is to beef up its air defence to cater for multiple drone attacks. As seen in Operation Sindoor, we have come a long way, but there's room for getting better. We must develop a robust and almost impregnable air cover over ourselves, asserts IAF veteran Air Commodore Nitin Sathe (retd).
A tax plan is not just to save taxes, but should also assist in achieving other financial goals such as buying a home, a car, children's education, retirement, etc
The return filed could be treated as defective, invalid, or even be considered as not filed at all.
Investors should avoid making drastic changes to their asset allocation during a market correction.
Simple tips to achieve your life's financial goals
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
When investing in fixed-income products, balancing considerations like safety, liquidity, and income is essential.
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
ELSS investments require a long-term commitment of at least seven years.
Following some rather elementary tips can go a long way in not only saving money, but also deriving maximum benefit from it. Perhaps it's the demanding nature of our everyday chores that make us overlook these tips. In this article, we discuss 4 tips that will help you make the most of your money.
Following some rather elementary tips can go a long way in not only saving money, but also deriving maximum benefit from it. Perhaps it's the demanding nature of our everyday chores that make us overlook these tips. In this article, we discuss 4 tips that will help you make the most of your money.
The owner and manager of Rituraj Hotel in Kolkata have been arrested following a devastating fire that killed 14 people. West Bengal Chief Minister Mamata Banerjee has ordered surprise checks of all establishments in the city to ensure fire safety compliance, after the tragedy highlighted serious violations at the hotel. The hotel has been sealed and special committees will be formed to monitor and identify establishments flouting fire safety norms.
Work fetches money and that is what keeps us going. But how about money fetching more money? We plan to give you what you need to get started.
Make minimum payments on all debts, then use extra funds to tackle the smallest debt first.
Taxpayers seeking to save tax from the sale of gold (including inherited) should reinvest the capital gains in residential property to avail of the benefit provided by Section 54F.
Multi-currency pre-paid cards are a good option while travelling abroad.