Piramal Capital and Housing Finance Company has launched a new home loan scheme—Bridge. This scheme is a short-term home loan especially for customers who would like to purchase a new house without immediately selling their existing house. Hence, this product basically covers the funding gap between the purchase of the new […]
How income from stocks and mutual funds are taxed for an individual
Parizad Sirwalla Investment in shares and/or mutual funds by an individual is generally made with an objective to earn an attractive return on such investment. In addition to taking an informed financial decision, it is important to evaluate the impact of income tax on the yields thereto as per the […]
Watch Your Health looks to improve health of policyholders
Insurance technology platform Watch Your Health is looking to improve the health of policyholders of companies using digital measurement tools. The firm has tied up with both life and general insurance companies in a bid to improve customer engagement. Set up in 2015, the company provides a digital health ecosystem […]
February finishes with mortgage rate rises
Several lenders increased variable interest rates on selected home loans in the last week of February, though there were also cuts to some fixed rate loans. Auswide increased both its fixed and variable rates for owner occupiers and investors, with the smallest increase being by 3 basis points, and the […]
Tech & insurance: How wearable gadgets could rule the future of healthcare
Rakesh Goyal Health insurance remains one of the under-penetrated segments in India with only 25-30% of Indians having health insurance. However, like in every other field, technology is likely to play an integral part even in the insurance sector. Even the insurance regulator is batting for the use of wearable devices […]
Here’s how to use insurance plans to save income taxes
Mahavir Chopra Two is always better than one, without any doubt! Insurance policies contribute to the dual benefit of meeting your long-term financial objectives and also act as a tax saver! Let’s know how… Knock! Knock! The email from the HR department about submitting your investment proofs for saving tax […]
Explainer | What is loan-to-value ratio and why is it important?
Often home loan borrowers come across several criteria set by lenders, mainly related to annual income required to be eligible for a home loan, minimum down payment to be raised by borrower, a good credit score, etc. Besides this, one of the important criteria in home loan is the lender’s maximum […]
Too many insurance ads on social media? Blame analytics firms
If you have been hit by a wave of insurance advertisements on social media profile page, you could blame analytics firms. For the past four to six months, data analytics firms are on an overdrive to identity ‘potential’ policyholders and help insurers initiate contact with the right users. Life insurers […]