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January 29, 2023, Sunday
Beware! Govts do default on pension liabilities
The faith displayed by employees in a future government's ability to pay pension is perplexing when stories abound of state ...
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January 22, 2023, Sunday
No sub-limits in policy? Avg clause can't apply
According to the National Commission, the average clause couldn't apply since the policy didn't have individual coverage limits ...
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January 18, 2023, Wednesday
Conservative investors, novices should choose passive ELSS funds
Those desiring index-beating returns, but willing to tolerate underperformance, may choose the active plan
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October 28, 2022, Friday
Seeking purity and class: The golden rules of buying platinum jewellery
Rarity and durability make the true white metal appealing to people searching for understated class
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August 28, 2022, Sunday
Why saving enough for retirement is difficult
Longevity risk, taxes, financial repression, unexpected high inflation, career risk, and psychological factors make it very ...
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March 06, 2022, Sunday
Overseas investment limit of MFs must be hiked now
Delay in hiking the limit will leave doubts about the concerns that weighed on the RBI, and whether those concerns could arise ...
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February 13, 2022, Sunday
Insurer can't change policy terms unilaterally
The National Commission pointed out that when a change in policy terms is made without a fresh proposal, the insurer must get the ...
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January 30, 2022, Sunday
Buyer shouldn't pay for bank's mistake
Despite the State Commission having concluded that there was deficiency in service on the part of the bank, it had not been held ...
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January 09, 2022, Sunday
A guide can make your financial journey easier
A professional consultant can help you choose investments and risk-mitigation measures, and implement them.
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December 19, 2021, Sunday
Partnership firm can file consumer complaint
The National Commission observed that the generator set was not purchased for resale, but for self-employment and to earn a ...
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December 05, 2021, Sunday
Get policy terms changed during free look-in period
The commission observed that the cheque was remitted in accordance with the terms of the policy, and it was not possible to hold ...
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November 21, 2021, Sunday
Insurer can't alter loss assessed by surveyor
The National Commission concluded a surveyor's report must be given due importance unless there are valid reasons for disagreeing ...
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November 07, 2021, Sunday
Bank's vengeful conduct can invite punishment
The award of compensation is governed by Sec 73 of the Indian Contract Act, which says a party who suffers due to breach of ...
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October 17, 2021, Sunday
Wanted, a panel to settle tax disputes
The government should constitute a panel to examine disputes, especially those where the Department has lost in the lower forums ...
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September 26, 2021, Sunday
Coverage ends when goods reach destination
According to the National Commission, shifting of the generator after completion of transit does not fall within the scope of the ...
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September 12, 2021, Sunday
Insurers must reimburse Customs under marine policy
The National Commission ordered the insurer to pay the Rs 16.65 cr together with interest at 9% per annum from January 1
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August 22, 2021, Sunday
Use only 'mad money' to invest in fads
Investors with a compulsive need to participate in any ongoing action should do so by having a 'mad money' allocation-money they ...
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August 08, 2021, Sunday
Short claim procedure needed for old policies
Section 45 of Insurance Act says claims can't be rejected in policies older than three years. Then why demand so many papers in ...
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July 27, 2021, Tuesday
Before choosing home insurance, check reconstruction cost: Analysts
Only then can one arrive at an appropriate sum insured
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July 18, 2021, Sunday
Comply with order once moratorium ends
NCLT Mumbai Bench's moratorium order was effective from December 3, 2018, to May 2, 2020.
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January 27, 2023, Friday
Watch out for mark-up on the exchange rate when remitting money
Go with a player that states both the exchange rate and the transaction fee transparently
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January 19, 2023, Thursday
Fixed or floating rate? Choose floating-rate car loan if you plan to prepay
With interest rates peaking, you could benefit from a decline in them
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November 20, 2022, Sunday
Why active mutual funds do not beat the index
Active mutual funds on average (and net of fees) underperform the index because they have less inside information than promoters ...
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September 05, 2022, Monday
Fake invoices can lead to insurance claim repudiation, shows a recent order
Aristo Texcon, a private limited company, had its factory in Kolkata's Tangra Industrial Estate. A massive fire occurred on ...
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March 20, 2022, Sunday
Avoid financial dependence on children post retirement
Making adequate provision for your spouse and yourself for a prolonged period of retirement must take precedence over ...
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February 20, 2022, Sunday
Prevent NRIs' PAN from being declared inactive
The I-T Department hasn't made provision for allowing those ineligible for Aadhaar to mark their PANs, so the latter can be kept ...
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February 07, 2022, Monday
Now, make central KYC registry fully operational
When you change your address or carry out any other KYC formality with one entity (say, your bank), this information should ...
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January 23, 2022, Sunday
Simplicity trumps complexity in investing
Your target asset allocation should be determined by your risk appetite and financial goals
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December 26, 2021, Sunday
Keeping your head when others are losing theirs
Pointing to gold, the only important exception to the intrinsic-value rule is a very weak justification for arguing that Bitcoin ...
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December 12, 2021, Sunday
The myth of safe realty versus risky equities
Low liquidity in the realty market, combined with its non-transparency, means investors are often unaware of the loss in capital ...
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November 28, 2021, Sunday
The Petrov moment in a client's life
A sketch by Carl Richards illustrates that the advisor stands between the client and her big mistake
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November 14, 2021, Sunday
Nomination provisions require an overhaul
Nomination rules can be justified as being products of their times, but there is no excuse for not revising them to reflect new ...
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October 31, 2021, Sunday
Why I don't advise clients on cryptos
The RBI had banned banks from holding or facilitating cryptocurrency transactions, but the Supreme Court set aside that circular
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October 10, 2021, Sunday
Compensate for damage due to natural calamity
The National Commission observed that the melting of snow caused discharge of water in the river, causing the tank's collapse. ...
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September 19, 2021, Sunday
Chipping away at EPFO's benefits
If the Centre only enforces mobility between the EPFO and NPS, the subscribers will settle the argument by voting with their feet
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September 05, 2021, Sunday
Adopt glide path to a diversified portfolio
In the case of many senior-level executives, their employer company's shares at times account for 40-90 per cent of the ...
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August 15, 2021, Sunday
Insurer must pay declared value for total loss
The National Commission agreed with the State Commission's view that neither party had managed to prove that the price mentioned ...
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August 01, 2021, Sunday
Demand notice must be served properly to buyer
The purchaser couldn't be termed a defaulter since the demand letter had not been served properly, and especially when he paid ...
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July 25, 2021, Sunday
How you use a loan determines tax benefit
Interest paid on even a loan against property is tax deductible if you can prove that the loan was utilised for your child's ...
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July 11, 2021, Sunday
Assess your advisor on long-term performance
If you assess your advisor on short-term returns, he will use riskier products to generate them, which could result in losses
