How big should your life insurance cover be? These factors will help you decide

THE ECONOMIC TIMES Tue, Jul 24, 2018 | 05:10 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#income tax,#tax filing,#critical illness,#taking a personal loan,#tax saving

How big should your life insurance cover be? These factors will help you decide A Rs 1 cr life insurance cover might seem sufficient now, but it won't sustain your expenses in a few years. Market cap of each of these companies is likely to cross $100 billion in next five years After TCS and Reliance Industries, now the question is which other companies have a fair chance of joining the $100 billion club over the next five years? 5 confusing pairs of income tax terms As you prepare to file your income tax returns this year, don't be stumped by the terminology in ITR forms or Form 16. Midcap mutual funds are doing better than their benchmarks: Here's what you should do The performance of mid-cap funds in comparison to their benchmark index has actually seen a marked improvement. So what does this mean for investors? Delicensing proposal stirs up a hornet's nest Telcos fear that the telecom regulator's latest recommendations will further affect their revenues and lead to service-quality issues. How a fight against tainted money left Indian-owned FPIs in the cold What started as a clean-up job has put thousands of crores in market valuation, the rupee, and foreign investments at stake. Ashok Leyland stock is an unintentional road victim The market may be reacting negatively to the new payload norms, but the company has enough gas left to drive through the obstacles. From our Partners FAQs About Recurring Deposits: Everything you need to know Unlike Fixed Deposit, you can deposit a fixed sum with your Bank or Post Office for a pre-defined term every month. From our Partners Healthcare rates could be 20% lower than CGHS under Modicare The National Health Protection Scheme (NHPS), more commonly known as 'Modicare', is set to provide common treatments such as C-section, knee replacement, and coronary bypass surgery at rates that are 15-20% less than what's offered by the Central Government Health Scheme (CGHS). Gold can be best viewed as alternate currency, not investment Gold's utility as an investment is still not a settled matter. The metal doesn't score very well on factors like returns, liquidity and stability. How a company's debt can influence shareholder earnings Financial leverage entails use of borrowed funds to carry out expansions with expectation that benefits in form of additional income will exceed cost of borrowing. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 7.04 2.02 13.53 16.55 JM Core 11 Fund-Growth 6.96 1.61 12.62 14.93 Axis Bluechip Fund Direct Plan-Growth 4.85 10.93 24.64 13.69 ICICI Prudential Nifty Next 50 Index Direct-Growth -2.42 -10.77 2.06 11.58 IDBI Nifty Junior Index Fund Direct-Growth -2.46 -11.04 1.42 11.27 FeaturedDSP BlackRock Midcap Direct Plan-Growth ★★★★★ 0.15 -8.45 3.60 12.76 Start SIP Why poor people tend to be more generous than the rich Latest research says the rich tend to rationalise their advantage, and believe that they deserved it. Realty Hotspot Series: What makes this Gurgaon location an upcoming real estate destination This is an upscale micro-market in Gurgaon with a good mix of completed and under construction apartment projects.

Financial Calculators New LTCG tax calculator: Plan, compute your tax Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds. Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay.

How to buy the right term insurance plan There are some pivotal issues to keep in mind when you buy a term plan so that the claim is not denied. How small businesses can get collateral free loans easily Those keen on starting small businesses can tap government-backed schemes and online lenders for collateral free loans. What are the five heads of income under Income Tax Act? Incomes earned by you during the year are divided into five heads under the I-Tax Act. Here's a look at how these incomes are classified. Hidden costs to consider before making an investment decision To start with, you must realise that considering the costs related to the investments are integral to the decision making process. Can I file ITR based on payslips if there is no Form 16? Based on your income tax slab, you can compute your taxes, claim TDS and pay-off balance taxes, if any, and file your return of income. Tax optimiser: How investing in NPS can help Vinod cut tax by over Rs 50,000 Gupta can reduce tax by over Rs 50,000 if some of the taxable allowances in his salary are replaced with tax-free perks. 5 calculators that can make financial planning easy If you are avoiding financial planning due to complicated calculations, here are the formulae and calculators that will ease your task. Looking to buy the latest smartphone, laptop or TV? Here are reviews and prices of recent launches ET Wealth rounds up some of the most interesting launches from smartphones to laptops to televisions in the past week. Foreclosure of loan: Here's how to do it To foreclose an existing home loan and to be debt free you need to keep the required documents handy and follow these steps. Axis Long Term Equity Fund: A winner right from the start The fund manager's strict emphasis on quality of underlying portfolio and tilt towards large caps has helped it outperform. Family Finance: Why Ray will not face any problems in achieving financial goals Aritro Ray works in private sector and gets a monthly salary of Rs 1.65 lakh. His goals include saving for emergencies, future child's education and retirement. Stock pick of the week: Why analysts are bullish on Bajaj Corp A booming hair oil business thanks to increased rural demand and reasonable valuations have made this FMCG firm analysts' top pick. Alternative investment returns monitor: For the week ending July 18, 2018 Here's a weekly tracker of returns from Alternative investments but don't compare these with returns from traditional investments.

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