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Showing posts with label Finance News. Show all posts
Showing posts with label Finance News. Show all posts

Monday, May 27, 2019

Why millennials needs to have a financial plan

Frequent life transitions necessitate financial planning for millennials.The discipline of spending, saving and investing in a regular manner is most critical at this stage, not the size of investment
Source: LM

Home loan interest rates: Top 15 banks that offer the lowest

A home loan is called a ‘good’ loan because it helps you acquire a tangible asset that can appreciate over the long term.A look at the latest home loan interest rates of some leading banks
Source: LM

How your investments in NPS are faring

There are eight pension fund managers to choose from and one of the ways to choose your fund manager is by tracking the returns.Here is a breakdown of the performance of different funds of the private sector NPS
Source: LM

Tax break under 54EC only for property sale

You can evaluate claiming exemption under Section 54F, Section 54EE of the Act for investment in a residential house, investment in units of a specified fund.Tax should not be levied on the PF balance withdrawn since your service with the earlier employer was terminated due to closure of the business
Source: LM

External benchmarks for retail loans can pose risk for banks, for now

While retail loans like credit cards, personal loans are growing, consumers are concerned about banks not being able to pass on interest rate changes to them.Shanti Ekambaram, president, consumer banking, Kotak Mahindra Bank, talks about how banks are dealing with consumer issues
Source: LM

Health policies that offer maternity benefit have extra waiting period

As a standard exclusion in regular health insurance plans, newborns are not covered for the first 90 days.If your car was not insured at the time of claim, then you can’t take a back-dated cover and make a claim
Source: LM