In an hour-long chat on Wednesday, financial planning expert Sailesh Multani offered some valuable investment tips.
The bank can declare a withdrawal by you as illegal and deny any remedy in case a problem arises.
If an ITR is not filed or the tax due is not paid on the deceased person's behalf, there can be penal consequences.
The Opposition parties need to spell out how exactly they will protect the citizen from government excess, asserts T N Ninan.
Staggered pull-out will help investors if the market continues to rise.
'Investors need to diversify at least 30% to 50% of their liquid wealth across different markets, asset classes, and instruments across the world.' 'Do this with proper guidance and advice.' 'Global investing is complicated, but if done right, is extremely rewarding.'
Stocks offering attractive dividends contain downside better when the markets correct, advises Sarbajeet K Sen.
Though the lies hardly go beyond extramarital affairs and conception problems, they are laid out by arresting storytellers who raise the stakes while speaking in tongues not wiped clean to make progressive points (No Made in Heaven-type diddling, here), notes Sreehari Nair.
Here are a few tips to help you with your retirement planning.
In an hour-long chat on rediff.com on Wednesday, financial planning expert Sailesh Multani offered some valuable investment tips.
'Stick to FDs of shorter tenures, preferably one-two years.'
Communicate your every step towards the betterment of their future. If the initial hand-holding will be done right, they will understand and respect your decision of helping them, says Naval Goel.
An economic downturn is a testing time for individuals. While you cannot influence the environment, you can certainly do your bit to fortify your finances.
'One investor told us one leader in Gujarat had sent him to Konkan to buy land.' 'How did these people come to know about this project in advance when locals didn't know?' 'It means those who are running the country are somewhere interested in selling the country's resources to private businessmen.'
The National Commission ruled that a person must opt for a policy and submit the proposal form after acquainting himself with the terms and scope of coverage to determine where it would be suitable and adequate.
Do you have parents who have turned 60? You may want to forward Sarbajeet K Sen's suggestions to them.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
Poland's Robert Kubica, tipped as a future Ferrari driver, backed the Italian team's Felipe Massa on Thursday as his favourite for this year's Formula One title. Brazilian Massa has won four of the season's 12 races so far, the same number as McLaren's Lewis Hamilton, and is six points off his championship-leading rival.
Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.
Buying or selling securities based on rumours about expected changes in tax rates or sectoral sops can backfire, advises Sarbajeet K Sen.
Most traditional health insurance plans didn't cover the cost of such treatments earlier, but several recently launched policies do offer such coverage -- some as a rider, and a few as standalone covers, points out Sarbajeet K Sen.
Consumer activist Jehangir B Gai explains a RBI circular that says the customer is not liable for unauthorised transactions that occur due to contributory fraud, negligence, or deficiency on the bank's part.
There are judicial precedents where it has been held that if payment is made for temporary disablement, it would be taxable, points out Tinesh Bhasin.
If the shares are purchased for investment, then it would be treated as a capital asset and taxed as capital gains.
But if the shares are bought and sold in a short duration repeatedly, then it would be taxed as business income, explains Amit Gupta.
Investing in unlisted shares is not difficult. At any given point, many investors and employees are willing to sell their holdings because they need money. Buyers can negotiate a price with them, suggests Sarbajeet K Sen.
If you are under 25 and meaningfully employed with decent earnings here are 10 investment tips to create wealth.
Mutual funds aspirants have the option of snapping up smaller AMCs or applying for a new licence.
Don't focus on market or product returns -- focus on your target rate of return, and then choose an investment.
Is there any use of a policy for which you keep paying premiums for 20 to 30 years and in the end your claim gets rejected? Harjot Singh Narula offers advice on how not to get your claim rejected
There is a misconception among some salaried individuals that because the employer has deduced tax at source they are not required to file tax returns.
The EPFO had decided that 8.15 per cent interest from its debt income would be credited immediately and the remaining 0.35 per cent capital gains from the equity sale would be given later, subject to its redemption.
For a working couple, an efficient tax plan can be achieved by jointly making use of their dual income to invest, and the income tax rules to their advantage. Here are six smart tips from Investment Yogi, to help couples save more and maximise wealth.
Besides the MLAs, there were two other people in the SUV, which carried a board mentioning "MLA Jamtara Jharkhand" along with the Congress' election symbol, police said.
Don't put off today what you can't afford to do tomorrow. Here are 10 things you must do to plan for your comfortable retirement.
In this article, we highlight 10 points that would help you score more on the bottom line.
Postpone the purchase of big-ticket consumer durable items, recreational spending on holidays, and other such expenses unless your financial position is very secure, advises Sarbajeet K Sen.
As 2009 draws to a close we present to you some New Year Resolutions for 2010 which will go a long way in making you financially fit. All you need is will power and determination to follow these simple tips.
ICICI Lombard is utilising the latest technology and forensic methods to verify insurance claims.
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