expr:content='data:blog.metaDescription' itemprop='description'/>

Translate

Showing posts with label Money. Show all posts
Showing posts with label Money. 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investment in a residential house, investment in units of a specified fund.Tax should not be levied on the PF balance withdrawn since your service with the earlier employer was terminated due to closure of the business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

NBFC crisis, NPAs, eKYC key areas of concern of NDA's second term

Banking and fintech industries are key to the everyday needs of most consumers. The government, along with RBI, will have to work on providing liquidity to NBFCs
Source: LM

Financial sector reforms NDA-2 needs to roll out in second term

The government will need to keep the momentum of reforms in pension, tax and other sectors going.A single regulator for all retirement and pension products and a single tax structure would be the two key reforms
Source: LM

Saturday, May 25, 2019

How to fund your start-up dream

Although there are many options for funding, always have a strategy to repay the money.According to Nasscom report, India will be home to 10,500 start-ups by 2020
Source: LM

Why rental income may not be the right option for you

Investing in property comes with multiple hassles in the form of maintenance cost, documentation process, cost structure and it is an illiquid asset.Most homeowners may look at the value of property but forget to assess the returns in the form of rental yield
Source: LM

Stock splits explained

The number of shares you hold increases. “Shares held go up by the split number.Stock split is a corporate action in which a company’s shares increase but the market cap remains the same
Source: LM

Basic checklist for homes under construction

Ready-to-move housing is the new flavour of the season.Though the price difference between under-construction and ready-to-move homes has reduced, it has not vanished altogether
Source: LM

How to start investing from your first pay cheque

The right way to inculcate the discipline of savings and investment is to start setting aside certain amount that you can spare from the first pay cheque itself.There are more millennials who have taken the baton of managing the household from their first paycheck itself
Source: LM

Sensex drop from new peak shows result high can’t last

Before you get upset at missing the big jump, know that the immediate response of the market may not sustain.Taking greater exposure to equity markets on the basis of election euphoria may be risky, especially if you have goals to be met in the near future
Source: LM

Form 15H amended, senior citizens to get higher TDS exemption on interest income

Senior citizens with a taxable income of up to ₹5 lakh can now submit in banks and post offices Form 15H to claim exemption from TDS on interest income on deposits.Earlier, the limit for seeking TDS exemption was ₹2.5 lakh
Source: LM

What young India expects from NDA in the next five years

Most of young India feels demonetisation was a healthy move.While the BJP-led NDA does seem to have hit a chord with the young minds of this country, there’s a quite a lot that needs to be worked upon
Source: LM

Election results 2019: Many hope NDA-II to roll back LTCG tax on equity

Sensex also hit 40,000 for the first time as the early leads suggested a clear BJP victory.The new government should definitely work something out in terms of taxation and remove the 10% LTCG tax, says financial advisor
Source: LM

Market experts sound note of caution on election euphoria

"From here onwards focus will shift to priorities in public expenditure, and economic reforms,” said Sachin Relekar, CIO (Equities) at LIC Mutual Fund.Some fund managers have advocated taking a long term view
Source: LM

Modi set to sweep, what does it mean for your money

Experts suggest it is a good time bet on large-cap as segment has had a good run in last one year. After one or two weeks, the focus will again shift from Lok Sabha elections to global issues like crude prices
Source: LM

Small-, mid-caps work over long term

A portfolio that has equal distributions to ICICI Prudential Nifty Next 50, Mirae Asset India Equity fund and Parag Parikh Long term equity would be a good, aggressive long-term portfolio.Equity returns don’t happen in a smooth upward curve and there would be a lot of volatility on the way
Source: LM