Among other things, the Redditor highlighted the habit of sacrificing valuable time to save small amounts of money by checking the same item on multiple platforms and looking for tiny discounts.
Personal Finance
Redditor Lists 5 'Worst' Financial Mistakes; Urges Other To Learn From Them
Taking Career Break? Your EPF May Keep Earning Interest But There's A Tax CatchIf you have completed five years of continuous service, your accumulated EPF balance can generally qualify for tax exemption. But this may not hold true to interest earned.
What Happens To Your Money When You Die? Why Every Investor Needs NomineeNomination is also not permitted for investments held in the name of a minor. However, a minor can be named as a nominee, in which case the guardian's details need to be provided as required.
Mis-Selling, High Costs, Fragile Trust: Inside IRDAI's Push To Fix Insurance SectorHe went on to clarify that the paper released by IRDAI was a consultation exercise intended to explore possible improvements in the distribution framework and not an exposure draft of a regulation.
Pension Disputes Over Procedural Lapses? Calcutta HC Order Offers New Hope To Govt EmployeesThe case concerns a government employee who changed jobs after being selected for a new post, but later faced a problem with his pension benefits.
GST 2.0: E-Commerce Sellers, Taxpayers May Get Relief As Centre Plans Compliance OverhaulThe proposed GST changes could allow around 9.5 lakh small e-commerce sellers to use platform warehouses for registration in states where they have no physical premises.
Rs 10 Lakh In Gold: How Much Of Your Wealth Is Exposed To One AssetIf a substantial portion of your wealth is tied up in gold, what share of your total assets does it represent?
Telangana DA Hike: Cabinet Approves Two Pending Instalments — Check When Arrears Will Be PaidTelangana Cabinet approved two pending DA instalments for state employees and pensioners, with one due in October and another around Ugadi. The move will add to the state’s financial burden, while remaining arrears await a timeline.
FinMin Announces Small Savings Interest Rates For October-December Quarter — Check DetailsThe Finance Ministry has kept the interest rates for multiple small savings schemes unchanged for the Oct-Dec quarter.
Reading Between The Lines: Were You Mis-Sold A Policy? IRDAI's Proposed Checklist Has The AnswersThe regulator's consultation paper on insurance distribution, released on September 23, lists 12 practices it proposes to treat as mis-selling of life insurance. The list is still a proposal. But it shows what the regulator qualifies as a bad sale.
PB Fintech Target Price Cut 53% — Bernstein Calls Next 18 Months 'Do-Or-Die'The brokerage said it does not know whether the regulator will modify the proposed caps or what mitigation strategy PB Fintech will eventually implement. For now, Bernstein has assumed "max pain", with no regulatory rollback and no upside from potential mitigation strategies.
Reading Between The Lines: Insurance Commission Debate Misses The Key Point — Let Buyers Have A Choice To SaveYou should be able to buy the same policy via a channel that passes the lower distribution costs to you as lower premium or better benefits.