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Buying a house in 7 years? Know the best mutual fund categories, equity-debt mix and de-risking strategy

New Delhi, Sept. 3 -- Buying a house is a major financial goal, and a seven-year timeline gives investors enough time to use market-linked investments to build the required corpus. But there is an imp... Read More


Deductible vs co-pay in health insurance: Which option can increase your out-of-pocket medical costs? Experts explain

New Delhi, Sept. 3 -- A health insurance policy can cover a large part of your hospital bill, but it does not always mean you pay nothing from your own pocket. Deductibles and co-pays are two policy f... Read More


8th Pay Commission salary hike: How a 7% annual increment could mean Rs.29 lakh extra pay in 10 years

New Delhi, Sept. 3 -- Several central government employee organisations are seeking a higher annual increment under the 8th Pay Commission, arguing that the existing 3% rate should be increased to pro... Read More


Mutual fund portfolio overlap: How investors can identify common stocks, sector exposure and duplicate investments

New Delhi, Sept. 3 -- Buying multiple mutual funds does not necessarily mean a portfolio is well diversified. An investor may hold three, four or even more equity schemes from different fund houses, y... Read More


Family pension rules: Widow loses pension despite getting husband's PF and gratuity; what families must check

New Delhi, Sept. 2 -- A widow of a Bank of Maharashtra employee received her husband's provident fund and gratuity after his death. Years later, she sought family pension under a one-time pension sche... Read More


India Post Payments Bank launches mutual fund, insurance platforms: Check what customers can access

New Delhi, Sept. 2 -- India Post Payments Bank (IPPB) has expanded its financial services offering with the launch of digital platforms for mutual funds and insurance, giving its customers a new route... Read More


Gave someone power of attorney for your property? Gujarat HC explains what they can and cannot do

New Delhi, Sept. 2 -- A power of attorney (POA) holder cannot gift an owner's property to his own family members when the document does not authorise such a transfer, the Gujarat High Court has ruled.... Read More


Income tax: Wife escapes Rs.7.09 lakh addition after bank records prove husband paid for the entire joint property

New Delhi, Sept. 2 -- A woman whose name appeared as a co-purchaser of an immovable property has won an income-tax dispute after proving that her husband had paid the entire purchase consideration. T... Read More


RBI Floating Rate Savings Bonds: Want to buy offline? Know where to apply, documents, interest and tax rules

New Delhi, Sept. 2 -- RBI Floating Rate Savings Bonds can appeal to investors looking for a government-backed fixed-income investment, but choosing the offline route means consumers need to know where... Read More


Gold jewellery stolen after being pledged for a loan: What must the bank pay the borrower? Consumer commission answers

New Delhi, Sept. 2 -- A Karnataka consumer commission has ruled that a bank cannot limit compensation to the net gold value when jewellery pledged as security for a gold loan is stolen while in the ba... Read More