While the public at large seems to be confused about what to make of the budget, investors in debt mutual funds would surely give it a thumbs-down. This is because of a seemingly “slight” change in the tax treatment of debt funds proposed in the budget. Existing tax regime for debt mutual funds Debt mutual … Continue reading A death blow to debt mutual funds?
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When it may be better to dispose your real estate
Thomas Jefferson once said, "It takes time to persuade men to do even what is for their own good." If you (like we used to) think that people are very receptive to ideas which would benefit them, think again. We are often confronted with people who think that an investment of Rs. 100 which yields … Continue reading When it may be better to dispose your real estate
Avoid financial catastrophes – Know the differences between Investing and Speculation
Speculating in the financial markets is a matter of choice. But undoubtedly, speculating without knowing it, is a likely recipe for financial disaster. Read on to understand whether you are 'actually' investing. Anyone who participates in the financial markets is invariably advised to 'invest' rather than 'speculate' for long term success. But do we really … Continue reading Avoid financial catastrophes – Know the differences between Investing and Speculation
When it comes to insurance products, it’s all about the presentation!!
What if there was an investment opportunity which proposes to earn a CAGR of 7.25% (after tax) for 22 years. Would you jump at it? Despite the numerous legalities of the fine print, insurance products which mix investment have been a huge success in India. Many of us are happy as well with these insurance … Continue reading When it comes to insurance products, it’s all about the presentation!!
New year resolutions you can keep…
Did you make any resolutions concerning your personal finances last January? If so, how did you do? Did you attain your financial goals, or you didn’t stick to your resolutions? January is a time to look back as well as look forward - review your financial performance for the past year, and then look for … Continue reading New year resolutions you can keep…
A case for investing in tax-free bonds
In recent times, tax-free bonds have caught investors’ fancy and rightly so. In case, you have not invested in these bonds, the forthcoming issues might be a chance you do not want to miss, especially considering the interest rates being offered (HUDCO 9.01% and NTPC 8.91% for individual investors investing less than Rs. 10 lakhs). … Continue reading A case for investing in tax-free bonds
Yes, the retirement landscape has changed!
People are living longer. Meanwhile, a lack of planning, the global economic crisis, and unexpected events have all conspired to lower the retirement income for many retirees. If you think you are well prepared to retire in style, think again. Recently, HSBC conducted a survey titled ‘The future of retirement – Life after work’, to … Continue reading Yes, the retirement landscape has changed!
10 tenets to follow while planning investments
If you want to start planning for your future but don’t know where to start, then the following rules may be of help you begin. Identify your financial needs and goals: The starting point of a sound investment plan is a clear understanding of financial needs and goals. The same is required for determining the … Continue reading 10 tenets to follow while planning investments
Medical insurance norms get more consumer friendly
No arbitrary premium hikes at the time of renewal. Insurance companies will be required to disclose the reason for increasing the premiums; Claim settlement within 30 days of receipt of documents. If there is a delay, insurance companies will be liable to pay a penal interest; Reason for rejection needs to be specified by the … Continue reading Medical insurance norms get more consumer friendly