Self-employed individuals can opt for tailored term plans that do not require income verification documents such as salary proof or Form 16. These policies now accept alternative income verification methods such as GST filings, credit histories and loan records. Such flexibility allows self-employed people to buy term insurance without the rigid documentation previously required. Also
Momentum funds are increasingly attracting individuals as these funds invest in assets that are already showing strong performance. The appeal of these funds lies in their ability to generate high returns when the market is on an upswing. Momentum investing aims to capitalise on the continuation of existing market trends. The top performing funds such
By Paras Pasricha Saving on motor insurance premium need not necessarily translate to compromising on coverage. You can adopt a few smart ways to lower your motor insurance premium while still ensuring comprehensive coverage for your new car. Avoid opting for bundled deals While it’s both tempting and convenient to walk out of the showroom
EPFO Passbook has been one of the top trends on Google as members of the Employees Provident Fund Organisation (EPFO) search for many information regarding their EPF accounts. Many EPFO subscribers are particularly interested in the steps and processes for checking their PF balances and withdrawing funds. The EPF regularly updates its regulations, including interest
Mutual fund SIPs (Systematic Investment Plans) show no signs of slowing down, as recent data indicates that volumes hit an all-time high in September. Retail investors view SIPs as an easy and convenient way to build wealth, contributing to record-high inflows month after month. Retail investors often prefer SIPs over lump-sum investments because this method
Buying a home for the first time is a significant milestone that involves careful planning and strategic decision-making. As the real estate market evolves, particularly in 2024, first-time homebuyers must adopt smart investing principles to ensure they make sound financial choices. Here are five essential tips that can guide first-time buyers through this complex process.
8th Pay Commission Update: With the dearness allowance hiked for the July-December period, will the Centre finally make a decision on setting up the next pay commission? This question is likely on the minds of crores of central government employees and pensioners, who believe there may be announcements soon, especially considering the trend in which
India’s real estate landscape is constantly evolving, and this transformation has accelerated in recent years. With growing interest in luxury living and shifting priorities post-pandemic, homebuyers are increasingly drawn to sustainable lifestyles, spacious designs, and premium amenities under one roof. Trust in new projects is rising significantly, thanks to stricter regulatory oversight by state RERA
If your income is high but withdrawals and transactions are very low, then the Income Tax Department may have its eyes on you. Income Tax officials are paying attention to cases where there is a big difference between declared income and spending pattern. If a person’s declared income is high, but cash withdrawals or digital
Months after Ratan Tata’s demise in October and his half-brother assumed the chairmanship of Tata Trusts, Noel Tata made his first public statement. While speaking at ET Awards, Noel Tata said that the respect that Ratan Tata commanded within India and on the international stage was in no small measure due to the nature of
The Indian stock market has been on a roller-coaster ride, leaving investors uncertain about what’s next. Is the bull run still alive, or is the market entering a long bearish phase? Two of India’s most renowned market experts- Shankar Sharma, founder of GQuant Investech, and Samir Arora, founder of Helios Capital- debated this hot topic
The Indian stock market closed lower on Monday, with both benchmark indices ending the session in the red. The Sensex settled lower at 74,115.17, down by 0.29, while the Nifty 50 also dropped to 22,460.30, declining by 0.41. The Nifty Bank index followed suit, closing at 48,216.80, down by 0.58%. “Global headwinds continue to drag
