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Showing posts from January, 2022

Digital rupee to be introduced by the RBI: Budget 2022

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Introduction of Digital currency by central bank will lead to cheaper currency management. The FM said that the digital rupee issued by RBI will use blockchain technology starting from Fy 2022-23. from Personal Finance News-Wealth-Economic Times https://ift.tt/isJD9CtBb via IFTTT

6 expectations of individuals from Budget 2022 today

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​Taxpayers expect that Budget 2022 will include tax rate and surcharge reductions, as well as an increase in the deduction available under section 80C. Here is a list of some of the expectations of the common man from the Union Budget 2022. from Personal Finance News-Wealth-Economic Times https://ift.tt/WDA3RCY85 via IFTTT

When can class III legal heirs stake claim to property of deceased person?

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The property of a Hindu male who dies intestate, that is, without a will, devolves equally to his class I legal heirs. from Personal Finance News-Wealth-Economic Times https://ift.tt/RXox5u0TU via IFTTT

What to look for in a term life insurance policy

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​ The insurance cover should be able to replace your income and settle outstanding loans. The thumb rule is to be covered for at least 8-10 times your annual income plus any outstanding debts. from Personal Finance News-Wealth-Economic Times https://ift.tt/IVN6hACT8 via IFTTT

How to scrap a car: 5 things to know before doing it

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The price is determined by weight of the vehicle to be scrapped and is typically Rs 15 per kilogram of metal parts. from Personal Finance News-Wealth-Economic Times https://ift.tt/xnFAq6DCR via IFTTT

When should you sell your car, how to ensure that it fetches you a good price

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An easy way to decide if it is the right time to sell is to find out the current value of your car and the immediate or expected repairs and maintenance in the next six months or a year. from Personal Finance News-Wealth-Economic Times https://ift.tt/ryuA1qJUY via IFTTT

Money & relationships: If your spouse asks you to take these money-related decisions after marriage, don't agree

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If your husband asks you to take these money-related decisions after marriage, do not blindly agree to everything. from Personal Finance News-Wealth-Economic Times https://ift.tt/vMzLadX4H via IFTTT

How to check if there is any amount unclaimed under LIC policy

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If any money is left unclaimed for more than 10 years, all the amount is transferred to the Senior Citizen Welfare Fund, such funds are used for the benefit of senior citizens, as per rules. from Personal Finance News-Wealth-Economic Times https://ift.tt/3g5fe4i via IFTTT

Aadhaar verification: How to scan Aadhaar using QR code?

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According to the UIDAI website, e-Aadhaar QR codes contain demographic information about the resident such as Name, Address, Date of Birth, Gender, and Masked Aadhaar Number. In addition, the larger QR code includes a photograph. from Personal Finance News-Wealth-Economic Times https://ift.tt/3IEVIaU via IFTTT

5 ways millennials can use a personal loan to meet their financial needs

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When you opt for a personal loan from established institutions like Kotak Mahindra Bank having a rich legacy, the repayment schedule can also be tailored as per your repayment capacity, other than being able to apply for the loan in just a few clicks. from Personal Finance News-Wealth-Economic Times https://ift.tt/3H8qWXN via IFTTT

How to report unauthorised transactions in HDFC Bank account online

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Bank customers should make sure that they have registered their number for the SMS alert service offered by banks so that they get notification when a transaction is done. from Personal Finance News-Wealth-Economic Times https://ift.tt/3rVoJIR via IFTTT

12 factors to consider before buying cancer health insurance

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The cumulative cost incurred on diagnostics, radiation, chemotherapy and surgery would cause a significant dip in your personal savings if they were to be borne out-of-pocket. from Personal Finance News-Wealth-Economic Times https://ift.tt/3u1xUtY via IFTTT

Banks offering highest interest rates on 2-year FDs

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Banks have different fixed deposit interest rates, which are subject to fluctuation depending on the RBI's key rates. It will also vary based on how long the FD has been with the bank. from Personal Finance News-Wealth-Economic Times https://ift.tt/3H8jRXh via IFTTT

Budget 2022: Five things FM Sitharaman can do to make life easier for income tax payers in India

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India's tax laws are rather complex and for simple tax calculations too one has to do two computations to figure out which method of taxation works better. from Personal Finance News-Wealth-Economic Times https://ift.tt/34fQDHr via IFTTT

What is ESIC scheme, who is eligible, what are its benefits

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The contributions are based on the workers' earning ability as a fixed proportion of their salary, yet they are awarded social security benefits based on individual needs without discrimination. from Personal Finance News-Wealth-Economic Times https://ift.tt/3rUPkWr via IFTTT

Post office to check, verify your PAN with NSDL before you can invest in small savings schemes

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This move came after the trouble faced on TDS returns as it was not accepted due to an invalid or wrong PAN mentioned, stated the Department of Posts. from Personal Finance News-Wealth-Economic Times https://ift.tt/3IFQDPU via IFTTT

Do legal heirs have to pay if a borrower dies with loan outstanding?

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In case of a single borrower loan, the consequences will depend upon the nature of the loan - whether it is a secured loan or an unsecured loan. from Personal Finance News-Wealth-Economic Times https://ift.tt/3s15SMG via IFTTT

Need a Love Coach? Six Signs That You Do

Wondering if you need a love coach? Maybe things keep going south for you in the love department.  Somehow or other your dating life is slim to none.  Or you keep getting ghosted, cheated on or disappointment in the guys you date.  Maybe you are in a relationship that seems to be going nowhere fast. … The post Need a Love Coach? Six Signs That You Do appeared first on Love in 90 Days . Love in 90 Days - Dating Tips, Relationship Advice from Love in 90 Days https://ift.tt/3nVXywg via IFTTT

Vision Board Examples: 5 Powerful Images for Creating Love

Vision Board Examples for Creating Love Vision boards for love are quite powerful if you know how to create them. But, vision board examples are hard to come by when you face the daunting task of envisioning the particular love future that is just right for you. It all starts with you making a love… The post Vision Board Examples: 5 Powerful Images for Creating Love appeared first on Love in 90 Days . Love in 90 Days - Dating Tips, Relationship Advice from Love in 90 Days https://ift.tt/2HSeUoY via IFTTT

How to update date of exit in EPF account online?

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This facility is based on Aadhaar based one-time password (OTP). Thus it can be utilised by those who have activated their UAN and linked their UAN with a verified Aadhaar number and have mobile linked with Aadhaar number for receiving the OTP sent for verification from Personal Finance News-Wealth-Economic Times https://ift.tt/3IyyVh4 via IFTTT

Family pension rules for government employee's child suffering from disability

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The department said that been bought to its notice that in some cases, the Pension Disbursing Banks are not allowing family pension in respect of a mentally retarded child through the person nominated by the pensioner. from Personal Finance News-Wealth-Economic Times https://ift.tt/3Av6WMu via IFTTT

How to open Sukanya Samriddhi Yojana Account with SBI

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Parents or guardians can open SSY account with SBI by filling out the SSY account opening form along with address and ID proof of parents or guardians with the initial amount and submit it at the nearest SBI branch. from Personal Finance News-Wealth-Economic Times https://ift.tt/3fWAOru via IFTTT

Information needed to create a will

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First of all, one needs to make a list of all assets— movable or immovable, big or small value—that he/she has owned or gathered through their life. from Personal Finance News-Wealth-Economic Times https://ift.tt/3nScdIS via IFTTT

Due to Covid, 75% Indians have increased savings, investments since Jan 2021: Survey

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Due to novel coronavirus, Indians are most worried about rising medical costs, instability of jobs, economic slowdown etc. from Personal Finance News-Wealth-Economic Times https://ift.tt/3KFlGNi via IFTTT

What will drive investment returns for equity investors in the years to come?

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Be aware of the nature of information you get and what role each piece of information plays in your decision making. The logical path forward is to avoid the glitter and the hype. See where the basics of the Indian economy are going, and invest steadily and regularly in businesses that make money sustainably. from Personal Finance News-Wealth-Economic Times https://ift.tt/3KEAfka via IFTTT

How to structure your retirement investment portfolio

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Investments such as short-term debt funds, monthly income plans of mutual funds and bank FDs of lower tenors are products that a person should consider to reallocate a portion of his/her portfolio. from Personal Finance News-Wealth-Economic Times https://ift.tt/347cBwg via IFTTT

MF portfolio doctor: Trivedi should hike all mutual fund SIPs by 10% every year to reach money goals

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The advice given by the mutual fund portfolio doctor is based on the performance of the mutual funds, the risk profile of the investor as well as his financial goals. from Personal Finance News-Wealth-Economic Times https://ift.tt/3qSuV4W via IFTTT

Buying house jointly, being a guarantor, dealing with inheritance: How children can fix money problems

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Whether it’s buying a house jointly, being a guarantor, investing in your sibling’s business, or dealing with inheritance, find out the questions you should ask, precautions you should take, and foreplanning that is required. from Personal Finance News-Wealth-Economic Times https://ift.tt/32tsYCM via IFTTT

5 things to know about TDS on income from mutual funds

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Capital gains for NRIs are subject to TDS of 30% for short-term capital gains and 20% with indexation for longterm capital gains from Personal Finance News-Wealth-Economic Times https://ift.tt/3Aqmq4g via IFTTT

From Self-Talk to Inner Peace

I’m sure that you’ve all read about self-talk. The internal dialogue of words and thoughts that never seems to stop. For many years, psychologists have divided self-talk into positive and negative. Of course, we’re somehow supposed to stop the self-critical jabber and emphasize those that validate us. But has that really worked for you? Have… The post From Self-Talk to Inner Peace appeared first on Love in 90 Days . Love in 90 Days - Dating Tips, Relationship Advice from Love in 90 Days https://ift.tt/3KzKJRR via IFTTT

Inheritance and succession laws for women who pass away without a will

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The succession laws for women vary according to their religion as follows. Here are the laws governing inheritance rules for Hindu (including sub-categories), Muslim and Christian women. from Personal Finance News-Wealth-Economic Times https://ift.tt/3qQ0wEE via IFTTT

SBI YONO, UPI, Net banking services to be unavailable on January 22: Check details here

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SBI customers will not be able to use services such as Internet Banking, YONO, YONO Lite, UPI on Saturday, during early morning hours. from Personal Finance News-Wealth-Economic Times https://ift.tt/3fJs483 via IFTTT

Standard home insurance policy at affordable premiums: All you need to know

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Most insurers have started offering the house insurance cover from April, 2021. Here is a look at the features of the Bharat Griha Raksha insurance cover and whether you should get it. from Personal Finance News-Wealth-Economic Times https://ift.tt/3GJMaLn via IFTTT

Daughters to inherit fathers' self acquired, other properties, get preference over others: SC

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Justice Murari, writing the 51-page judgment for the bench, also dealt with the question of whether such property will devolve on to the daughter upon the death of her father, who died without a will, by inheritance or shall devolve on to "father's brother's son by survivorship". from Personal Finance News-Wealth-Economic Times https://ift.tt/3tLl2b3 via IFTTT

SBI SMS Alert: How to activate/deactivate State Bank of India SMS alert online

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According to the State Bank of India (SBI) website, here are the transactions for which you will receive an SMS alert. Based on your selection, you will receive the alert when a particular event happens. from Personal Finance News-Wealth-Economic Times https://ift.tt/3Kp1wHv via IFTTT

Why a business succession plan is important besides estate planning for your family

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To ensure the flow of wealth and continuity of your enterprise, here’s all you need to know about a business succession plan. The 7 steps given below will help you ensure a smooth and effective transition of business. from Personal Finance News-Wealth-Economic Times https://ift.tt/3Kp8yfj via IFTTT

Your money calendar for 2022: 12 financial deadlines

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For more such web stories, click on the ET icon below. from Personal Finance News-Wealth-Economic Times https://ift.tt/33rviL9 via IFTTT

Axis Bank revises FD interest rates on select tenors: Check latest fixed deposit rates

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FDs with a term of one to two years will now earn between 5.10-5.25%, while those with a tenure of two to less than five years will get 5.40%, and FDs with a tenure of 5 years and up to 10 years will fetch 5.75%. from Personal Finance News-Wealth-Economic Times https://ift.tt/3FF2Ke9 via IFTTT

BMS demands hike in pension; holds nationwide protest in front of EPFO offices

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Bharatiya Mazdoor Sangh tweeted from its official Twitter account: “BMS demands pension should be 50% of last drawn wages for all workers. Chalo pf office on 20th January 2022," from Personal Finance News-Wealth-Economic Times https://ift.tt/3KsC4Rh via IFTTT

How to book appointment for Aadhaar enrollment at Aadhaar Seva Kendra online?

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The resident can schedule an appointment for themselves, a family member, or a friend using the online appointment service. The Unique Identification Authority of India (UIDAI) has opened Aadhaar Seva Kendras (ASKs) across many cities in India. from Personal Finance News-Wealth-Economic Times https://ift.tt/3tICr4d via IFTTT

Customer to bear MDR charges for Postal life insurance online premium payment from Jan 17, 2022

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MDR is a fee that a merchant is charged by their issuing bank for accepting payments from their customers via credit and debit cards. from Personal Finance News-Wealth-Economic Times https://ift.tt/3GJ99Gt via IFTTT

E-shram portal: Who can register, how to apply online

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Central Government has developed e-Shram portal which will be a centralized database of unorganized workers seeded with Aadhaar. from Personal Finance News-Wealth-Economic Times https://ift.tt/3Ar2hvb via IFTTT

1-year bank FDs with interest rate above 5%

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Fixed deposit interest rates differ with banks, and they are subject to change depending on the key rates set by the RBI. It will also vary depending on the tenure of the FD as well. from Personal Finance News-Wealth-Economic Times https://ift.tt/33PSCly via IFTTT

Aadhaar PVC card from open market not valid; Here's how to order valid Aadhaar PVC card

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The PVC-based Aadhaar Card has a digitally signed secure QR code with photograph and demographic details with several security measures. The Aadhaar PVC Card is supplied by fast post to the resident's address. from Personal Finance News-Wealth-Economic Times https://ift.tt/32hyGrm via IFTTT

Retirement planning: Can EPF and NPS help you get government-like pension?

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One of the common miscalculations which most people do while saving for retirement is the ability of the corpus to compensate for the inflation by raising the regular income regularly. from Personal Finance News-Wealth-Economic Times https://ift.tt/3Kol7Hx via IFTTT

Canara Bank revises FD interest rates on selected tenors: Check details

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According to the bank’s website, it has revised interest rates on FDs worth less than Rs 2 crore with different maturities. FDs with a term of one to two years will now earn 5%, while those with a tenure of two to three years would get 5.10%. from Personal Finance News-Wealth-Economic Times https://ift.tt/3tCkyUL via IFTTT

Family finance: Despite high surplus, Kumar may face difficulty in achieving money goals

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Financial Planner Pankaaj Maalde suggests that Kumar first repay his home loan with the surrender value of his traditional insurance plans. This will free up Rs 28,100 for his goals. Next, he needs an emergency corpus of Rs 6.45 lakh, which is equal to three months’ expenses. from Personal Finance News-Wealth-Economic Times https://ift.tt/3twhysS via IFTTT

Mid-cap, small-cap indices have gained by 34% and 61% in 1 year: How retail investors should invest in these sectors

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These segments have rallied significantly over the past couple of years. While increased participation by retail investors is good for the market, experts are getting worried about their unbridled speculation, especially in the small-cap universe. from Personal Finance News-Wealth-Economic Times https://ift.tt/3GDcWF7 via IFTTT

What are mutual fund ETFs, how to invest in these schemes

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Unlike the normal process of investing in mutual funds, there is a slightly different procedure to invest in ETFs. from Personal Finance News-Wealth-Economic Times https://ift.tt/34XNfkM via IFTTT

How gold, silver, platinum performed for week ending Jan 14, 2022

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Don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. from Personal Finance News-Wealth-Economic Times https://ift.tt/3fvQH8e via IFTTT

Insurers want 15-20% hike in third-party motor insurance premiums

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If Irdai accepts the proposal, third-party insurance premiums could go up from 1 April. The third-party premium for a Maruti Swift 1.3 LXI is currently Rs 3221 per year. This could go up to Rs 3,705-3,865 if the rates are hiked in 2022-23. from Personal Finance News-Wealth-Economic Times https://ift.tt/3qwm60E via IFTTT

MF portfolio doctor: Sinha needs to exit stocks to meet short-term goals

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The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. from Personal Finance News-Wealth-Economic Times https://ift.tt/3FD5Mzk via IFTTT

The cryptocurrency space is tailor made for scams: The scams everyone must know about

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The cryptocurrency space is tailor made for scams. If anyone believes that this Kerala ICO is an isolated case, is living in delusion. Whether you are against crypto or are an enthusiast or you are simply disinterested in it, such frauds should alarm you. In fact it should alarm you more if you are an enthusiast. from Personal Finance News-Wealth-Economic Times https://ift.tt/3FEmZbz via IFTTT