'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'
EPFO may start investing up to five per cent of its incremental corpus in the equity market.
Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
Investors should quiz them to understand the product, which options to invest in, and how to get the final payout
The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before.
A few tips on how to be prepared for the uncertainties that may come our way.
With the introduction of 10 per cent tax both on long-term capital gains and on dividend, choose funds based on investment horizon and risk appetite, not on tax advantage, experts tell Sanjay Kumar Singh.
An Aadhaar card can fast-track the KYC procedure for some instruments.
Ponzi schemes have characteristics that the informed investor can spot easily.
How investors can tweak their fixed income investments to earn more in the current environment.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Unit-linked plans or Ulips continue to be expensive compared to other instruments, say certified financial planners.
Life insurers are launching these again. Invest if you are conservative.
Even as their venture Snapdeal is clocking rapid growth, Kunal Bahl and Rohit Bansal are mentoring young entrepreneurs.
Now that you have clicked on this sensational headline do read what follows. It will not make you a millionaire in 15 days but lays a solid foundation for you becoming one.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
'Just like humans binge on food when they are depressed, they also tend to shop for instant gratification. which is just temporary. Please do not fall into this trap,' cautions Sheetal Jhaveri.
Else, repent when you reach your golden years
With home loan rates headed north, experts advise how borrowers should cope with their rising liabilities.
Don't let knotty financial issues weaken your marital bond. Heavy liabilities of one partner have the potential to sour a new relationship. So, develop a plan for how you will deal with these.
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock in to instruments offering higher returns.
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.
K Ramalingam explains the three most powerful signals that indicate your mutual fund's performance
Ad rates on regular days are less than half, media planners said.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
Financial planning advisor Amar Pandit explains the most important steps for accumulating a contingency fund but cautions that this money should be spent wisely.
Growth in the third quarter (October-December) is expected to be the weakest in years, with spending hit due to unavailability of enough replacement currency.
Experts say the size of the fund shouldn't be a primary criterion for selection.
Gold has risen sharply due to rising risk aversion
Take a moment to consider ways to improve your finances.
Jaitley does not believe in living on borrowed money.
Are retirement homes attractive options for the elderly? Experts feel it is a good option to be able to live an independent and activity-filled life. But don't buy it as an investment
All of us have made these mistakes, so let's begin by seeing how many of them we can avoid/minimise...
Gold schemes are offering attractive returns to investors.
Couples, who plan money together, stay together and get rich together!
You are already a superwoman! Now add another feather to your cap by driving your own financial planning.
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
