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Foreign assets mean tax liabilities: Things to mind while filing returns

Penalties for non-disclosure or inaccurate disclosure of these details can be severe, say experts

Monsoon-proof your vehicle with engine protection insurance cover

If you own an EV, buying a battery-protection add-on would be prudent

Respond to I-T notice on time or risk refund adjustment against tax demand

If AO doesn't respond within 21 days, CPC may release refund, or adjust it partially based on taxpayer's consent

Buy insurance cover for building on reinstatement, not market value, basis

This will ensure the insurer pays an amount adequate to restore the damaged house to its original state

Want to hedge against risky bets? Invest in the current SGB tranche

But keep a 5-year horizon; choose gold ETFs if you wish to exit sooner

Loan closure to KYC norms: What RBI panel's suggestions mean for you

Proposals will improve banking for customers; make lenders be mindful of how they sell products

Mitigate prolonged hospitalisation with reasonably priced accident cover

Frequent travellers and those engaged in risky occupations must buy this inexpensive cover

Craft convincing response to tax notice, backed by relevant documents

Non-appearance and failure to respond on time can have serious consequences

Did you know? Bank's liability is 100 times annual rent of a locker

Bank branch that has run out of lockers must put you on a waiting list

Safe money: what you should and shouldn't do if you get fake currency notes

Do not palm them off to others: it is a crime and you will legal face action

Switched jobs in 2022-23? Consolidate multiple Form 16s accurately

If you find any discrepancy in the Form 16 received from employer, request the latter to amend it

Invest severance package in debt funds, use SWP to create cash flows

Part of this money should also go into creating an emergency corpus equal to 12 months of expenses

In buying term cover for women, compare premiums across insurers

Data from insurance aggregator shows rates for them can be 9 to 28% lower than for men

Continue with PPF, SCSS, SSY, term and health cover under new tax regime

Stop fresh investments in ELSS and Ulip; decision to exit post lock-in should depend on performance

Beware! Cheque bounce can lead to hefty penalty and imprisonment

Keep sufficient funds in account, fill cheque details accurately and legibly, and ensure your signature hasn't changed

Travel secured: The insurance cover you must buy before heading out

Consider destination, purpose, trip duration, likely emergencies when you buy travel insurance

MSSC: 7.5% interest rate attractive but no tax benefit a dampener

However, this scheme for women offers no tax benefit and is subject to potential reinvestment risk

The tax rule to know when you partner with relative to buy property

Sale transactions of less than Rs 50 lakh is not subject to tax deducted at source

Par for the course: Lock in returns for long term with non-par plans

Avoid these plans if you require liquidity in the short run

Donations made to move to lower tax slab can make taxman see red

Donate only to legitimate organisations using banking channels, maintain documentation to back up claim