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Mirae Asset launches India's first passive ESG funds; should you invest?
ESG (environmental, social and governance) investment - that takes into account sustainable investing -- is in vogue. And latest to join the fray are ESG Sector Leaders Exchange Traded Fund (ETF) and Fund of Fund (FoF) by Mirae Asset Investment Managers
Big sops for retail borrowers missing in govt's interest relief
Pushed by the Supreme Court, this interest waiver may appear to be a good relief for the borrowers; however, going by the basic method of computation, the benefit for retail borrowers appears to be marginal
Kotak Health Shield: Rs 1 crore fixed benefit health plan from a life insurer
The comprehensive health insurance plans from health insurers are mostly indemnity covers that make good the losses only up to the medical expenses actually incurred subject to the maximum sum insured in the policy. However, in the fixed benefit plan you get the full sum insured when hospitalised
ITR 2020-21: Made high value expenses? No exemption from tax filing
Many times, the taxable income of the taxpayers comes below the basic exemption limit due to rollover of capital gain due to which they could choose not to file ITR. However, this will no longer be the case as they will now have to file the ITR
Not happy with your health plan? Port it to new one and carry loyalty benefits
Once you fill in and submit the portability form along with the proposal form to the new insurer , it will seek the necessary details of your medical history and claim history from the existing insurance company
PFRDA considers variable annuity in NPS amid slow growth among corporate employees
As many as 8,186 corporates have come on board with 10.50 lakh subscribers till October so far this year. It was 8.80 lakh last year in October from 6,795 corporates
BT Insight: Income tax on gold bonds, jewellery, ETFs, funds and digital gold
The new age options like gold ETF, gold mutual fund and digital gold allow you to get the benefit of gold investment without actually buying the physical gold. As investors make gains in these investments, they become liable to pay income tax on their gains
Franklin Templeton MF's six shut schemes generate Rs 8,302 cr since closure
Franklin Templeton MF shut six debt mutual fund schemes on April 23, citing redemption pressures and lack of liquidity in the bond market
ITR filing 2019-20: Don't forget to use two new tax deductions
I-T filing 2019-20: Since the current tax filing involves the income earned during the financial year 2019-20, you must check all deductions allowed in that financial year
Can't afford term plans? Soon Rs 5 lakh sum insured policies will be available
Insurance regulator IRDA has asked insurers to launch a standard term insurance plan -- Saral Jeevan Bima -- which will be available in the market from January 1, 2021