Page 2 - Savings

Don't invest just to save tax but to get closer to your financial goals too

Choose an equity, debt or hybrid instrument depending on investment horizon and asset allocation

Retiring older coal-generation assets could save Rs 37,750 crore: CEEW

The report said out of India's total installed capacity of 300 Gw, some 35 Gw of coal-based power plants can be decommissioned on priority

Bad at saving money, have huge credit card bills? This video is for you

Household savings slide in third quarter amid Covid-19 pandemic cloud

The ratio of household (bank) deposits to GDP declined to 3 per cent in the third quarter from 7.7 per cent in the previous quarter

Rectifying mismatch between 26AS, Form 16 crucial before filing returns

Taking excess credit during ITR filing could lead to notice from tax dept

ICICI Prudential Savings Fund: Conservative portfolio, consistent performer

The fund has consistently outperformed its peers (funds ranked under the low duration category in CMFR in March 2021) over the trailing periods under analysis

Hike in NPS investment management fee need not be a deterrent: Experts

Invest if you want tax benefit and are okay with long lock-in and 40% annuitisation

Savings and sentiments in the recovery process

The March 2021 RBI Bulletin states that household financial savings in India shot up to 21% of GDP in the first quarter of 2020-21

Rate cut on small savings: Elections, WEF report linked to fastest recall

West Bengal leads the annual state wise table of contribution to small savings at 15.09 per cent. For the year FY18, Tamil Nadu is fifth in the small savings pecking order at 4.8 per cent

Working women prioritise savings with 52% of income contribution: Survey

The urban working women are spending 9 per cent of their income on luxury expenses

Multiple benefits of deferred annuities: How you can choose the right one

Savvy investors can expect to earn better returns by investing in alternatives

Finance Ministry asks ministries to surrender savings of FY21 by March 20

The fund if not utilised lapses at the end of March 31 as the new Budget through the Finance Act comes in to force from new financial year which begins on April 1

Budget: Trust in financial system will rise if promises implemented well

The writing is on the wall. The next investment product to lose the unwarranted tax exemption will in all likelihood be traditional life insurance products

Purchase annuities in a staggered manner to get a better rate of return

Buy plans that do not have return of purchase price option, at a later age, to get a better rate of return

Are you spending too much? Time for a reality check on financial immunity

Reduce leverage, enhance insurance coverage and size of contingency fund to improve score

Retirement-savings match explained: Key investment plan you must not ignore

According to a survey, 89 per cent Indians do not have an alternative source of income, and barely 1 in 5 factors in inflation while planning for superannuation

Professionals in India now slightly upbeat about income, savings: Survey

Professionals in India are slightly more upbeat now about their income and savings as 1 in 4 respondents expect their earned income and personal spending to increase in the next six months.

Precautionary savings

Slowdown impact on household finances even before Covid

Govt to discontinue 7.75% taxable savings bonds scheme from May 28

The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.

Claiming advance EPF is easy, but withdraw it only if you are in dire need

There is no income-tax on the advance, but withdraw only in dire need