Money

Photo: iStock
The cheapest health insurance plans may not be the best ones. Photo: iStockphoto
Photo: iStock
Photo: iStock
lthough RBI provided banks the option to choose from a host of external rates, almost all banks chose the repo rate (Photo: iStock)
lthough RBI provided banks the option to choose from a host of external rates, almost all banks chose the repo rate (Photo: iStock)

Two RBI moves that work for borrowers

  • CRR waiver will benefit new borrowers as well as those on MCLR
  • Introduction of long-term repo operations will reduce rates for those having MCLR-linked loans

Group health covers may also allow employees to convert the group insurance into an individual plan if they leave the company.  (Photo: iStock)
There is a demand now to roll back this proposal as the post retirement, period, constitutes 25 per cent to 30 per cent of life-time.
There is a demand now to roll back this proposal as the post retirement, period, constitutes 25 per cent to 30 per cent of life-time.

Taxing retirement income of employees a retrograde step, say experts

  • To date, contribution of employer to retirement funds of employee was tax exempt all through till withdrawal
  • The amendment in Income tax provisions seeking to levy tax on contributions to retirement funds, in excess of 7.50 lakh per annum, is a retrograde measure, according to experts

Male, Maldives
Photo: iStock
Photo: iStock
Photo: iStock

Who are legal heirs?

If the owner is a Hindu woman, assets get passed on to her husband and children in equal proportion. If none of them are present, the property will go to the heirs of her husband

Photo: Mint.
Photo: iStock
Photo: iStock
Photo: iStock

Opinion | The Will. The Witness. And the Will Party

Have a Will party in your 40s and change the Will as you go along if you need to

The possibility that Vodafone Idea would turn into a non-performing asset is real. (Photo: Reuters) (REUTERS)
Photo: iStock
Overseas, bullion is trading near its highest level since 2013. Photo: Pradeep Gaur/Mint (Pradeep Gaur/Mint)
From left) Chandresh Nigam of Axis Mutual Fund, DP Singh of SBI Mutual Fund, Renu Maheshwari of Finscholarz Wealth Managers, Renu Maheshwari of Finscholarz Wealth Managers, Gaurav Rastogi of Kuvera.in
From left) Chandresh Nigam of Axis Mutual Fund, DP Singh of SBI Mutual Fund, Renu Maheshwari of Finscholarz Wealth Managers, Renu Maheshwari of Finscholarz Wealth Managers, Gaurav Rastogi of Kuvera.in

Will first-time equity investors buy ELSS without tax benefit?

The new tax regime proposed in Budget 2020 has lowered tax rates but restricts taxpayers from claiming tax deductions under Section 80C and other specified sections of the Income-tax Act, 1961. Sunita Abraham asks experts what investors should do

Photo: iStock
Photo: iStock

How much return are your investments yielding?

  • Too much equity may expose you to undue risk, while being too conservative and investing only in, say, FDs can mean that you are not able to build the corpus that you need
  • One must also keep in mind the volatility risk of the asset class, liquidity, lock-in rules and taxation

Photo: iStock
Despite the slowdown in the economy, the co-working spaces segment is attracting tenants and many believe that it will continue do so (Photo: iStock)
Despite the slowdown in the economy, the co-working spaces segment is attracting tenants and many believe that it will continue do so (Photo: iStock)

Single in the city? Look at shared spaces

  • Co-living and co-working spaces are gaining popularity in India because of the flexibility they offer over traditional options like renting and buying
  • Compare the location, prices and amenities on offer. Some of the service providers also offer trial services

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