Page 2 - Financial Planning

Tokenisation to interest rates: All about RBI's new credit card rules

OTP-based consent requirement for delayed activation will safeguard users against false applications, unwanted cards

Can financial services be made bite-sized to deepen credit penetration?

Small can be more beautiful: Large-scale sachetisation of financial services may be just around the corner

Govt bonds and immediate annuity plans: 2 options for retirement income

The first offers a guaranteed rate of return for long; the other secures income for the rest of your life

Don't change your pension fund manager unless investment lags others

Currently, variability in performance for investor portfolios over five-year horizon is low

Consider loss of cover, deductions before surrendering life insurance plan

If your income is likely to revive soon, consider taking a loan against the policy instead of surrendering it

Why saving enough for retirement is difficult

Longevity risk, taxes, financial repression, unexpected high inflation, career risk, and psychological factors make it very difficult to save enough for retirement

Paid tax abroad? Remember to submit Form 67 and proof at earliest

If you don't do so, both processing of your tax return and refund could get delayed

How to plan your finances before you take the leap into entrepreneurship

Creating an adequate reserve, reduce the risk in your investment portfolio, and buy sufficient life and health insurance

Discuss family finances with your children

Transparency with your children is a difficult thing to achieve, especially in our society where money-related discussions are considered "dirty" or taboo

Buy zero-cost term plan if you are keen on a return, say experts

If not, stick to a plain-vanilla plan and invest the surplus in mutual funds

Federalism of Constitution must be upheld in financial matters: Kerala CM

Federalism is the foundation of the Indian Constitution as well as the basis of the country's existence and therefore, it should be kept in mind while moving forward, Kerala CM Pinarayi Vijayan said

Zero-fee financial services can prove to be expensive

It is tempting to use zero-fee services paid for by other, financially less literate clients. But none of us is completely immune to being conned

Financial freedom for Indians: What it means and how to achieve it

Three experts explain how planning and patience can you give the cushion of savings, investments, and cash on hand

Fractional platforms lower barrier for investing in commercial realty

It is a relatively new avenue though and carries high concentration risk

Run numbers, you may have enough to quit

Truth be told, it is one of our profession's greatest pleasures to see the exhilaration on a client's face when he realises he can break free anytime he wants

Opting for presumptive tax reduces burden on freelancers: Experts

They don't have to maintain books of account or get them audited

RBI should come up with on-tap licences for UCBs, says Satish Marathe

The revised guidelines on UCB proposed a four-tiered regulatory framework with differentiated regulatory prescriptions aimed at strengthening the financial soundness of the existing UCB

Professional advice helps: Top 10 myths about financial planning

It is wrong to believe that those knowledgeable about personal finance should not engage with a Registered Investment Adviser

Maximising returns can harm financial health

Investments should carry a statutory warning: "Any attempt to maximise returns can be injurious to financial health"

Raise your equity allocation to beat retirement blues, say experts

Keep in mind risk appetite and investment horizon permit