Page 5 - Personal Finance

Action is the best antidote to helplessness

The highest satisfaction has come from using my professional skills to help reconstruct the financial records of a family that lost its breadwinner

Is Covid-19 home treatment covered? Check the fine print to find out

While many policies cover it for the entire sum insured, others have sub-limits

Combine your SIPs with long-investment horizon for better results

Expert advice on how to many the most of your systematic investment plans

Personal loans: Keep your EMIs at less than 50% of your after-tax pay

If you are thinking of availing of a personal loan, here are some steps you can take to improve your chances of getting it

Go long to make the most of strong run in the small-cap fund category

Allocate 10-15% to these funds for a 10-year period, don't just rely on history

Exiting equities now can be a costly mistake, might miss out good mkt rally

Timing one's re-entry correctly is very difficult

Opt for fixed maturity plan if you need discipline of a lock-in: Experts

FMPs allow investors to lock into current yields. The scheme information document indicates the fund's allocation to instruments of various credit ratings

Invest in spouse or child's name to avail of exemption, say analysts

Both Sections 54 and 54F allow taxpayers to claim exemption from tax on long-term capital gains

Stick to asset allocation during Covid 2.0

The advice to manage investments through appropriate allocation between debt, domestic equity, international equity, real estate and gold remains evergreen

Two strategies to avoid a debt trap during job loss and dwindling income

The avalanche will save you money, but the snowball approach is easier to stick to

Time for women to play a proactive role in managing their family's finances

March 8 will be celebrated as International Women's Day. On this occasion, we've got three highly accomplished women from the corporate world to offer advice to their younger counterparts

Policies covering pre-existing diseases from day 1 reduce anxiety

Watch out for limited sum insured in such covers

83% Indians trust robots more than humans to manage their finances

In India, 106 per cent of business leaders saw an increase in financial anxiety and stress, and their sadness grew by 47 per cent due to coronavirus pandemic

Interest on employee's PF contributions over Rs 2.5 lakh to be taxed

One per cent of EPF contributors to be affected

Interest earned on PF contributions above Rs 2.5 lakh to be taxable: Budget

Employers who delay the deposit of workers' share of social security contributions like employees' provident fund will not be able to claim the amount as deduction from their income

Watch out for changes in style, mandate if a new fund manager takes over

Sebi's rule of one fund per category can trigger merger and reclassification of schemes after a takeover

One must retrieve unclaimed dividend of MFs or shares at the earliest

Mutual fund investors stop getting the benefit of any appreciation after three years

Looking for a go-anywhere fund? Opt for the new flexi-cap category

The requirement that debt funds must allocate 10 per cent of their portfolio to liquid assets will improve their risk profile

Retirement-savings match explained: Key investment plan you must not ignore

According to a survey, 89 per cent Indians do not have an alternative source of income, and barely 1 in 5 factors in inflation while planning for superannuation

Is that to-die-for real estate deal being offered on inflated prices?

Before rushing into these schemes, find out the benchmark price of similar properties in the area