- Money Today tells you how to prepare a financial plan to tackle all the special situations that may arise in your life - job, marriage, children, retirement.
Money Today experts answer reader queries on tax changes, loan buying, real estate issues, insurance policies etc. The new disclosures in Budget 2012-13 make the government's intent loud and clear - track understated income and overseas assets.
All of us have a big footprint on the Net. So, what happens to all that we have stored in the cloud and in servers across the globe, after we die? How about an online business where all that you need to do is collect payments? Sounds too good to be true? Thanks to the drop-ship business model, it is a possibility.
Since inception, DSP Blackrock Equity has outperformed its benchmark 11 times. Gold ETFs emerged clear winner among all other categories of funds in the past five years, but analysts feel gold has run its course and is due for correction in future.
E-filing has been made compulsory for individuals and Hindu Undivided Families with total assessable income in excess of Rs 10 lakh for financial year 2011-12 onwards. For the first time in three years, the Reserve Bank of India (RBI) has slashed the key policy rate by half a percentage point, or 50 basis points (bps), to add momentum to the country's growth. The insurance industry is also looking to increase the number of ombudsmen from the existing 12 and allow them to arbitrate disputes in insurance contract of over Rs 20 lakh. A look at recent rulings which can affect you. The interest rates on various instruments under the Union government's small-savings scheme have been increased by 20 to 50 basis points (bps, or one-hundredth of a percentage point).
Budget 2012 has proposed that a life insurance policy be eligible for tax benefits only if the annual premium is 10 per cent or less than the sum assured on death. Sum assured under single-premium policies is usually less than 10 times the premium. Travel insurance is cheap and can save you a lot of expenses in emergencies, but make sure you pick the right plan.
A penny stock trades at a very low price, usually below Rs 10. Though these stocks give multiple returns, they come with risks you may do well to avoid. With the Reserve Bank of India reducing the repo rate and hope of reforms and huge investments, the infrastructure sector looks ripe for a turnaround.
Economic turbulence failed to curb the rise in the number of ultra-wealthy in 2011. Emerging economies will continue to outpace the developed world in creating rich individuals.
For years, commodity trading has been a part and parcel of the economy. Money Today speaks to market players to clear the misconceptions around commodity trading.
Like the gems, or ratnas, of ancient courts, the five Maharatna companies, owned by the government, are leaders in their space. They can be good investment options. Havells India is among the top gainers in the last six months with return of over 60 per cent. That bank stocks are on a comeback path is clear. What is not so clear is which of the two - public sector banks or private sector banks - will give better returns. Experts, however, say PSU banks have many things going for them. With almost all brokerages worth their name coming out with research reports on stocks, one should be alert to which ones to be relied upon.
Why should you seek additional qualifications? The reasons could range from becoming eligible for a promotion, to changing your line of work or just to pursue an interest.
Are you scouting for a loan to buy a house, a car or for your child's education? Given below are the best deals on offer from public and private sector lenders. As gold loans are secured, NBFCs relax the due diligence process. Banks, which have to follow strict Reserve Bank of India, or RBI, norms on bad loans and minimum capital, do not have such liberal rules on giving loans, either secured or unsecured.
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Phones are emerging as a medium for money transfer. Learn how to transact at the push of a key. Sam Abraham introduces new products and services to help you zero in on those that offer value for money.
If you look at the real estate market on prices alone, it seems the demand is growing. But on the ground, the demand in six major real estate markets has fallen significantly. Builder floors are a good option for those who want independent living at a low cost.
Not having a financial plan of your own, whether for the near term or for the distant future, could mean severe hardship should things turn for the worse.