Personal Finance

Retirement funds: Align equity-debt mix with risk appetite and horizon

Their risk-return profiles can vary widely. Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods

Accumulate gold through SIP if portfolio allocation below 10-15%

The yellow metal may struggle if interest-rate cuts in the US are not significant, and the US economy remains stronger than expected

Silver's performance may continue if global economy avoids recession

Beware of its volatile nature and don't invest more than 5% of your investment portfolio in it

Indians most-educated immigrants in US; Chinese, Mexicans runners-up

India stands out as a leader in the global pool of educated immigrants, contributing around 2 million degree-holders

Planning a move to Canada? Here's a guide to how Express Entry works

For individuals lacking Canadian work experience or qualifications in Canadian trades, the Federal Skilled Worker (FSW) programme presents itself as a feasible route

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

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

63% of Indian consumers cut back on non-essential spending: PwC report

Nearly half of Indian consumers said rising prices remain the biggest issue when shopping in-store

RBI rate pause: Lock into best available FD rates, and ladder your bets

Debt MFs investing in quality papers and having average maturity of three-five years are good bets

Allocate to US-focused funds despite shifting tax landscape: Experts

Capitalise on the geographical diversification and currency hedge they offer

Pan-Aadhaar link online: What happens if cards are not linked by March 31?

Pan-Aadhaar link last date: Centre has fixed the last date to link the two cards as March 31

Why debt funds may still score over bank FDs and bonds despite tax parity

Experts feel debt MFs will be more relevant in a falling interest scenario and work well for those who aren't sure about their investment horizon

PAN-Aadhaar Link: A step by step guide to link two cards before deadline

PAN and Aadhaar card link last date: The Income Tax Department has fixed the last date to link the two cards as March 31, 2023, but the users will have to pay a penalty of Rs 1,000

PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31

From linking PAN card and Aadhaar Card to submission of updated income tax return (ITR), failure to meet these deadlines may lead to financial losses

Corpus of Rs 65,00,000 ideal for retirement: ICICI Prudential survey

According to the findings of the study, a majority of people want to invest in annuity products as part of their retirement planning

Health insurance plan: Protect yourself with reinstatement benefit

While it will safeguard you from the possibility of exhausting your sum insured, understand the nitty gritty before buying

NRIs must be aware: Income generated in India is taxable here

Many deductions available to resident Indians are not available to NRIs

Personal finance 101 from an industry veteran

The Bee, the Beetle and the Money Bug is a welcome addition to the rather sparse list of books that attempt to equip readers with the fundamentals of financial planning

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

Buy comprehensive home insurance, with add-ons, for all-round protection

A standard policy is simpler and makes premium comparison across insurers easier