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Source: Live Mint I booked a flat for ₹80 lakh in May 2022 and paid ₹70 lakh for the instalment cost. When the building was ready for possession in October 2024, the builder asked for the last instalment of ₹10 lakh. I found a buyer (with the builder’s assistance) willing to buy this flat. The…
Source: Live Mint I have sold my residential flat this month. The sale deed has been executed and registered, and we have received part of the payment. Under the terms of the agreement, the buyer will pay me the balance of the money in June 2025. My long-term capital gain on selling this property is…
Source: Live Mint The calendar year 2024 is about to end, and we will soon welcome 2025. It is that time of the year when people make resolutions related to health, career, finance, relationships, etc. You may have also made some or all of these resolutions. In your finance resolutions, you should add a section…
Source: Live Mint The Insurance Broking Association of India recently published a report on general insurance claims, which includes a simple comparison of various insurers’ claims performance across a range of metrics. The data is also broken down by line of business – health, motor, fire, etc. In its 8th edition, the report drew attention…
Source: Live Mint Imagine this – Over 119 million Indians are actively monitoring their credit scores, with a majority emerging from rural and semi-urban areas. This growing financial consciousness is not just a trend but a quiet revolution reshaping India’s economic foundation. Technology is dismantling traditional barriers to financial inclusion, and the importance of maintaining…
Source: Live Mint Investing wisely doesn’t require a crystal ball or insider secrets; it thrives on time-tested principles and disciplined execution. Whether you’re building your portfolio for 2025 or decades beyond, the fundamentals remain consistent. Let’s break down a straightforward guide to crafting a robust portfolio. Start with a plan: Crafting a strong portfolio begins…
Source: Live Mint In an interview with Mint, Amit Suri, founder of AUM Wealth, discusses strategies for handling market volatility, including smart systematic transfer plans that adjust fund transfers based on market conditions. He also advises on credit card management and financial planning for discretionary expenses. Edited excerpts Can you share a bit about AUM…
Source: Live Mint I have developed obesity due to Type 2 diabetes and a sedentary lifestyle. It is now posing significant risks to my health. My doctor has recommended bariatric surgery as a medical necessity to improve my health. I have been covered under a medical insurance policy for seven years. However, I have been…
Source: Live Mint Luxury credit cards are specially designed for high net worth individuals providing best in class luxurious privileges. These credit cards offer premium services and deals on travel, hotel bookings, exotic dining, and many more. One of the niche perks of these luxurious credit cards are the concierge services. Let us have a…
Source: Live Mint Personal loans are a great option if you want quick access to funds in order to cover your expenses for a while. These types of loans have become popular because of the fact that you do not have to provide collateral to apply for the loan. However, you need to have a…
