For a borrower, who has serviced his loan without missing any repayment, the banks will be willing to take over the loan, give a top-up, and would offer lower interest rates, says Tinesh Bhasin.
If you have been planning to buy a house, don't postpone your purchase. Developers are offering discounts, freebies and attractive payment plans.
'Many of those who invested in NCD issues are those who traditionally put their money in fixed deposits...'
An income tax tribunal held that the PoA could not be construed as an instrument of transfer concerning any right, title, or interest in the immovable property.
UPI transactions are growing faster, but wallets remain relevant for those without a bank account and seeking cashbacks.
Taxation has played spoilsport despite double digit returns.
A combination of ELSS or PPF with a term plan offers better coverage and returns
If you are making any drastic changes, make sure there is adequate documentation
If your equity gains are less than Rs100,000 in a financial year, you can breathe easy.
NRIs could run into difficulties if they possess discontinued currency notes amounting to a high value.
For the vehicle-owner, the overall cost of buying a car can go up by 2% to 3$%. For two-wheelers, the cost can rise by 1% to 1.5%
Investors can earn risk-free income of 6% to 8% annually by lending stocks.
New borrowers should go for banks over housing finance companies as the new benchmark -- MCLR -- is more transparent.
Use fixed maturity plans to tide interest rate volatility if you're okay with lock-in because longer duration. FMPs can give up to annualised 7.7 per cent returns.
Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their returns, says Tinesh Bhasin.
Did you know that your home insurance covers valuables in bank locker?
Experts say it could make divorces amicable and help reduce court cases.
Don't invest more than 5 per cent of your portfolio in bitcoin. The virtual currency's price has run up very fast and experts feel a correction may be around the corner.
While a wallet is convenient, payments bank offers interest on deposits and ATM facility.
Don't share information over phone with anyone. Use only official apps. Keep Aadhaar locked unless needed.
'Some brands only lend their names to the property and take a royalty.' 'The developer only needs to adhere to the terms and conditions of the contracts.' 'But branded apartments from Trump are particular about every small detail.'
How can you access the bank account of an incapacitated person?
Based on the holding period, the profit you make is liable to short-term or long-term capital gains tax, experts tell Tinesh Bhasin.
Goods and services provided without any consideration are out of ambit of Consumer Protection Act; investors, too, cannot approach a forum. Tinesh Bhasin reports
Deals from online travel portals, in partnership with credit cards, are good.
Private banks and start-ups offer instant loans on apps as well as through ATMs.
Monsoon delay? Claiming compensation from an airline isn't easy.
If you are a frequent traveller, then you should opt for a multi-trip travel plan because it works out to be cheaper.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay Kumar Singh.
Don't forget to ask for quarterly audited statement of transactions in your account. This will make it easier for you to calculate your tax liability and pay it on time.
Chirag Gupta, who trades in futures & options, had made a profit of Rs 6 lakh, but...
An investor would pay much less when he invests through a registered investment advisor than a distributor.
Using a Living Will, individuals can specify that they don't want any resuscitation if the death is apparent.
For investors, every cost-saving means higher returns.
Miss the March 31, 2018 deadline to file belated tax return for FY16, and risk an I-T notice and a hefty fine.
'To save the LTCG, it's always better that the owner of the property that was sold also becomes the title holder in the new one.'
While debt funds have emerged as the flavour of the season, not all investors understand debt funds. So the best they can do is put trust in the fund manager and the fund house.
If you receive an email claiming to be from the income tax department that there's an outstanding tax demand that you need to pay immediately, don't get alarmed. Get cautious.
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