Financial Planning

Gold, debt funds, insurance: What to do with your investments in FY24

With the spreads on home loans coming down, those who have a good credit score should consider refinancing

Wealth creation is simple but not easy, requires discipline

Clients often fall back into old habits and require motivation to stay on track. Financial planning professionals also provide support during in inevitable setbacks

Not liable to pay tax? Submit Form 15G/15H right away to avoid TDS

If your income exceeds 15G/15H limit but you qualify for tax deduction at a lower rate, use Form 13

Begin tax planning at start of financial year to avoid cash crunch later

Consider both income level and deductions you can avail of when choosing between old and new tax regime

Regulation tech for financial risk planning

Financial entities have to be far more agile while assessing risks. The use of emerging technologies can help them anticipate a wider range of risks in a shorter time

Financial security of family tops life goal of 74% people in South India

The Bajaj Allianz Life India's Life Goals Preparedness Survey 2023 identifies the life Goals and aspirations of Indians

Can you outlive your life savings?

A good financial plan must identify the reasons why a person may run out of money in his lifetime and find a workable solution to it

PPF vs SSY: Where should you invest for your daughter's education?

While Sukanya Samriddhi Yojana offers a higher interest rate, PPF can be continued for a longer tenure and offers greater flexibility after 15 years

How health check-up, insurance premium can help you in saving tax

Preventive check-up is one available to save tax based on medical-related issues

Real estate or stock market: Make investment decision based on conviction

Stick to asset class you are confident about and are certain that you stay with them for the long term

Cut financial flab to navigate your way through a turbulent job market

Curtail discretionary expenses and avoid fresh loans amid the current uncertainty

Tax harvesting: Strategy for offsetting losses that needs careful planning

Equity investors should go for the strategy before March 31 and reduce their liability on capital gains

Mixing investment and insurance: Finding the right balance for your needs

Age, returns and security are some factors you must consider before your purchase a plan

Don't let bank compel you to buy insurance policy with home loan

Instead of taking an agent's word, do your own research on policy benefits and obligations

Buy more insurance cover if your liabilities have increased in the year

Hike health insurance coverage as well to keep pace with medical inflation

Your tax-saving investments must match your financial planning targets

Ensure that such investments are in sync with your asset allocation and are not done hastily

Travel safe: Why buying insurance for your international vacation matters

Polices cover you against medical emergencies, flight cancellations or lost baggage

How to regain control of your finances after festive overspending

Replace high-cost credit card debt with lower-cost loan against an asset

Already 50 and don't have a retirement corpus? Build equity-heavy portfolio

Saving and investing more aggressively, extending work life are other strategies you may adopt

'Parliamentary illiteracy' on fiscal issues needs to be overcome: N K Singh

Former finance commission chairman calls for having a fiscal council to debate policy issues