- Personal Finance
IIFL | Mumbai | July 23, 2015 12:17 IST
If you are planning to buy a health insurance policy or already have one, chances are you have heard of terms like add-on covers and riders which refer to additional benefits offered with the basic plan.
CreditVidya | Mumbai | July 20, 2015 14:01 IST
Credit cards have evolved as one of the most revolutionized methods of payment over last few decades. Yet it has been subject most forms of abuse. But the convenience of credit card use takes precedence over the disadvantage.
India Infoline News Service | Mumbai | July 17, 2015 11:46 IST
These bonds are reported to be issued to raise Rs. 40,000 crore this FY by top-notch brands in public sector including Indian Railways Finance Corporation, National Highways Authority of India, and Housing and Urban Development Corporation.
India Infoline News Service | Mumbai | July 17, 2015 11:40 IST
There is no thumb rule as to when to sell a stock and when to buy one. Some suggest the safest bet is to sell a security when it advances 10 per cent from its recent bottom and buy it when it declines 10 per cent from its recent top.
India Infoline News Service | Mumbai | July 17, 2015 11:34 IST
The long-term income and gilt funds that offered average returns of 14 and 17 per cent, respectively in January 2014, are now offering only 10 and 12.5 per cent returns, respectively.
India Infoline News Service | Mumbai | July 17, 2015 11:28 IST
The asset under management of equity funds hit a record high of Rs 4 lakh crore at the end of June, with the month seeing an addition of 4.9 per cent or Rs 18,711 crore additional investments.
India Infoline News Service | Mumbai | July 16, 2015 09:50 IST
This form is for those who draw a fixed salary income and own one house property. If an individual earns income from other sources such as capital gains or from lotteries, this form wont be applicable.
India Infoline News Service | Mumbai | July 16, 2015 09:37 IST
The popular Section 80C provides a deduction of up to Rs. 1,00,000. It includes a comprehensive list of eligible investments like five-year FDs with post office and banks, Equity Linked Savings Scheme, NSC, Life Insurance Premium, Public Provident Fund and Tuition fees for childs education.
India Infoline News Service | Mumbai | July 13, 2015 12:04 IST
One of the biggest puzzles investors face while investing in mutual funds is in deciding whether to opt for growth, dividend payout and dividend reinvestment plans.
India Infoline News Service | Mumbai | July 13, 2015 11:54 IST
Going by nomenclature, tax-free bonds sound like any of those common tax-saving products, but they are not. You can't claim income-tax benefits on the investment you make in these bonds. What is tax-free here is the interest income you earn on these bonds.
India Infoline News Service | Mumbai | July 13, 2015 11:35 IST
The government is working on a new agriculture insurance scheme that will cover all the inputs put by a farmer into his farm as also the loans taken by him, Finance Minister Arun Jaitley said today.
India Infoline News Service | Mumbai | July 10, 2015 11:46 IST
Such turning points of the economy are when this category of funds makes their money, and how! These mutual fund schemes look for opportunities in the fixed income market, debt and money market instruments in particular, and invest across the credit spectrum.
India Infoline News Service | Mumbai | July 10, 2015 11:36 IST
The first thumb rule before going for a loan is to have a good idea about ones monthly cash flow and how much one can manage to save.
India Infoline News Service | Mumbai | July 10, 2015 10:47 IST
If the investor is well-informed and unbiased in opinion, better the chances of maximizing the ROI. But investors are seldom fool-proof in their rationality, invariably inflicted with behavioral patterns that affect the quality of their investment decisions
CreditVidya | Mumbai | July 10, 2015 10:37 IST
Although its a great feeling to be a homeowner, paying a fat portion of your salary towards the EMI payment of your home loan is not the happiest feeling. And to think that you will need to keep paying this sum of money for a prolonged period of 10-15 years (the tenure of your home loan) may feel exasperating, as the best part of your youth is over by then!Besides, the interest rate you pay the lender may actually end up making the repayment amount bigger than the principal amount you have borrowed. What then is the solution? The solution is prepayment of your mortgage in easy and simple steps to lighten your debt burden and save money in the long run.
CreditVidya | Mumbai | July 10, 2015 09:52 IST
Paying with credit cards for reward points and immediately clearing the debt is not the case in point here. The focus is on accessing the affordability of the purchase with respect to the income and the interest rates on credit money.
Mumbai | July 10, 2015 09:39 IST
Not to forget, the earthquake in Nepal, the most recent example of the pain and problems of people struck by disaster, where they are still struggling to overcome the loss of their loved ones and their homes.
Mumbai | July 09, 2015 19:26 IST
Today, different types of insurance products are available in the market and hence, one can get easily confused. To avoid this confusion, one needs to understand the basic difference between life insurance and health insurance.
India Infoline News Service | Mumbai | July 09, 2015 10:40 IST
In fact, a critical medical crisis can even completely ruin your finances. That is where a health insurance policy can save your not only save you money but also a whole lot of anxiety, which is why buying a health insurance plan is critical. But
India Infoline Research Team / 10:30, Jul 13, 2015
Tourism Finance Corp (TFCIL), a niche financier of tourism related projects and activities, has witnessed a sharp moderation in loan growth from 32% in FY12 to just 1% in FY14