Personal Finance

Wealth-The Economic Times

Personal Finance News: Latest News on Wealth, Mutual Funds, Fixed Deposits, Insurance, Property, Art, Loan, Interest rates, Credit Cards and on tax saving.

Under PM Modi's new scheme, false claims may lead to a tax of 85%

Declarations under PMGKY will be taxed at the rate of 50% and half of the remaining amount will be locked up for four years in interest-free fixed deposits.
Posted: December 10, 2016, 11:15 am
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Indirect tax collections rise by 23.1 per cent in November

Excise duty collections were up 43.5 per cent in April-November at Rs 2.43 lakh crore while service tax recorded an increase of 25.7 per cent at Rs 1.60 lakh crore.
Posted: December 9, 2016, 8:06 pm
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Housing demand across top 8 cities during 2016-2020 estimated at 4.2 million units: Report

According to the report released by Cushman & Wakefield and GRI, LIG (below Rs 15 lakh) is the most under-serviced segment.
Posted: December 9, 2016, 4:36 pm
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Ignore market moods, stay focused on your financial goals

"Investors should look at the long-term market trend to reassure themselves that such ups and downs are common in the market."
Posted: December 9, 2016, 4:14 pm
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New version of Health Assurance launched by Max Bupa

The plan introduces comprehensive coverage in situations like critical illness, accidental death or permanent total or partial disability and offers daily hospital cash benefit, the insurer said in a release.
Posted: December 9, 2016, 4:01 pm
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What we are reading: For week ending December 9, 2016

We bring to you some interesting articles/blogs/videos in the realm of personal finance globally. These are interesting pieces we have read over the week.
Posted: December 9, 2016, 3:09 pm
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Year-end special: Balanced schemes will help you beat inflation

The coming year look positive for balanced funds because of their unique portfolio composition. These funds would capture both the uptick in stocks as well as a likely rate cut by RBI in the coming months.
Posted: December 9, 2016, 12:46 pm
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Flying to be more affordable with airlines set to drop convenience fee for card payments

Frequent flyers question the levy of convenience fee and say this too should go like the congestion fee that airlines used to charge earlier.
Posted: December 9, 2016, 12:30 pm
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Insurance queries answered by Anjali Malhotra, Aviva India

Every week, an expert selected by ET answers queries from our readers on insurance. This week, the queries include insurance cover of term plans, etc.
Posted: December 9, 2016, 11:58 am
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9 mistakes to avoid while buying life insurance plans

Since it is not a commodity that can be bought off-the-shelf, there is bound to be a mistake while buying a life insurance policy.
Posted: December 9, 2016, 10:54 am
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