Odisha: Bank, postal staff to deliver cash for elderly, differently-abled

• Public and private sector banks and insurance firms can operate with 50% staff at bigger branches
• Smaller branches with less than five employees can function with full staff strength with strict adherence to safety measures

How covid-19 could change the face of residential realty

• Covid-19 has accelerated consolidation in the real estate sector
• With the advent of work from home, we may see some of the mid-income residential demand pushed to the far suburbs and even smaller cities

An NRI can file ITR and claim credit or refund due out of tax deducted in India

In case you are an Indian citizen and you leave India as a member of the crew on an Indian ship; to be resident in India you must be in India for 182 days

When it’s okay to question your adviser

• Quizzing your financial planner on a portfolio’s performance is fine but make sure you do the right return comparisons and have a fair expectation
• Comparing short-term returns of direct equity investments to the portfolio that a planner has built is fallacious

Returns on my investments

• A portfolio must have an ideal mix of financial products
• Here's a look at how four commonly used asset types—equity, cash, gold and fixed income—have done in different periods

Income tax benefits on NPS: Latest rules for govt, private sector employees

• The latest tax benefits on Tier II NPS is applicable only for government sector subscribers
• Both for government and private sector subscribers, NPS offers host of other income tax benefits

How issuers are using tech to improve customers’ credit card experience

• During the lockdown, one of the challenges for card issuers was answering customer queries.
• The strength of their call centres and other support executives was considerably reduced as employees couldn’t commute to work.

How to save yourself from paying penalty on non-maintenance of minimum balance

• Most major banks in the country charge their account holders for the non-maintenance of minimum average balance (MAB).

Should you invest in multi-asset funds?

• The category of multi-asset funds was created by Sebi in October 2017, however, it did not witness a great deal of interest until early 2020.

SBI instant savings account online: Eligibility, benefits, features explained

• SBI offers Aadhaar-based instant digital savings account facility for customers who want to open an online account
• The nomination facility is available for SBI Insta Saving Bank Account holders

ICICI Bank home loan EMIs to fall as bank cuts MCLR rate

• Under the revised rates, effective 1 August, the bank's one-year MCLR will come down to 7.45%
• Last month ICICI Bank had revised interest rates on fixed deposits (FDs)

What happens to annuity if policyholder dies?

If policyholder dies, the treatment of the annuity plan depends on the annuity option exercised by him while buying the plan.

Worsening India Inc. health pushes bond buyers to tighten grip

• Indian borrowers are trying to address investor concerns that businesses will deteriorate further
• In July, 35 bonds with so-called credit rating protection metrics were sold, compared with just four a year earlier

NHAI, REC cut interest rate on capital gains bonds

• The lower rate will only apply to fresh bonds where payment by the concerned institution has been received after 1st August 2020

Public Provident Fund (PPF) rules for partial withdrawal, premature closure

The withdrawals from PPF, either partial or in whole are exempt from taxation

Retirement Planning: Is ₹1 crore enough to retire comfortably?

• What if you outlive the number of expected years or, if the annuity rates come down at the time when you retire
• Be conservative when doing calculations for your retirement

Sovereign gold bonds open for subscription today: 10 things to know

• Gold bonds offer an annual interest rate of 2.50% to investors
• Capital gains, if any, at maturity is tax-free

Indexation in debt mutual funds reduces tax outgo. Here's how

• Government uses Cost Inflation Index (CII) for the purpose of inflation. CII measures the rate of inflation in the economy.

What is Exchange Traded Fund or ETF? How is it taxed?

• ETFs can be of four types -- index ETF, gold ETF, sectoral or thematic ETF and international ETF
• ETFs have a much lower expense ratio compared to mutual funds. They charge between 0.05% to 1% of the net asset value

Lost or forgotten Aadhaar: Here's how to retrieve in few seconds

Downloaded or electronic Aadhaar is as valid as the Aadhaar letter received by post