4 steps to save enough for that much-needed vacation

THE ECONOMIC TIMES Tue, Nov 07, 2017 | 06:30 AM IST ET Wealth Newsletter

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

4 steps to save enough for that much-needed vacation Most Indians are not able to go on vacation for lack of money. Here's how to save enough to take that much-needed break. ​5 checkpoints before you sign a rent agreement Pore through the lease agreement before you take a house on rent to avoid unpleasant surprises about rental hikes, charges and other payments. ​One year of demonetisation: How it has impacted your money ET Wealth looks at how one of the biggest disruptions affected our financial lives as the demonetisation of Rs 500 and Rs 1,00 notes completes one year. From our Partners Safecity Founder & CEO- Elsa Marie D'Silva discusses women safety and why it's the need of the hour United Nations Women states that 1 in 3 women face some sort of sexual assault, at least once in their lives. From our Partners Get an extra edge in Data Analytics. Here's how. In a technology-driven world, information is flowing from all directions, defining that line is the real challenge for organisations. Don't let the down-selling salesman lure you away from mutual fund SIPs As long as the markets are doing well, investors believe whatever the mutual fund salesperson tells them, and lose in the process. How to ride the stock market roller-coaster Continued inflow of money, recapitalisation of banks, leap in ease of doing business ranking has made market his hit new highs. However, there is need for caution. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth 5.16 15.98 31.71 17.03 Invesco India Growth Fund Direct-Growth 5.06 17.68 32.51 16.63 Mirae Asset India Opportunities Fund Regular- Growth 5.09 15.58 30.77 16.13 SBI Bluechip Direct Plan-Growth 4.57 11.92 22.31 15.24 Motilal Oswal MOSt Focused 25 Fund Direct-Growth 1.19 8.45 22.65 14.92 FeaturedDSP BlackRock Income Opportunities Direct Plan-Growth ★★★★★ 0.59 4.31 8.40 9.96 Start SIP Will new classification norms limit a mutual fund manager's freedom? Here are 4 expert views As per the new norms, Sebi has asked AMCs to include only one scheme in each fund category and restricted the investible universe of stocks for each. The best vacation spots for four different budgets Figure out how much you need to put away each month as a part of your savings to be able to take a dream vacation for two.

Financial Calculators 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. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

​9 reasons why you should take a vacation If you have relegated vacations down your list of priorities, it is time to recognise that it is as important as good food and exercise. How NRIs can avoid tax troubles The tax rules for NRIs are quite different from those that apply to resident citizens and are subject to very elaborate tax reporting. 7 instances when it is a bad idea to go on holiday As a leader, never take a vacation during a work crisis or else your team and superior will question your judgment, commitment and ability. How you can use LTA to go on a tax-free vacation Under LTA coverage one is allowed to claim exemption for self, spouse, two children, dependent parents and dependent siblings. Why it is not easy to remove corruption from Indian businesses Without slaying the corruption and sleaze inherent in Indian business today, we cannot hope for a clean financial system that aids all round growth. Make the most of your co-branded credit card While you can use the discounts on offer to save on your travels, watch out for the terms and conditions of co-branded cards. How to ensure the financial safety of your ageing parents A senior citizen's need to keep cash at home stems from the fear that they may not have sufficient funds in case of an emergency. How to unfreeze your bank account from a debit freeze In a circular issued in December 2016, RBI instructed all banks to disallow debit transactions in accounts where PAN or Form 60 had not been provided. Smart things to know about rebalancing your portfolio Regular rebalancing imposes discipline and reduces risk ensuring that portfolio is aligned to the financial goals. Sundaram Select Midcap Fund: A consistent outperformer The fund has a healthy long-term track record of outperformance beating the benchmark and category by a good margin, but has been underperforming in the past year. Stock pick of the week: Why analysts are bullish on Dr Reddy's Laboratories Fall in valuations, improving revenue and net profit, introduction of new products, among other things, has made Dr Reddy's analysts' favourite. Why are people buying health insurance online? In a Max Bupa health insurance survey, respondents said they like that the application process is easy and policies are issued instantly. Family Finance: Increasing equity investments will help Jains meet goals Jain brings in a monthly income of Rs 1.5 lakh and gets a rent of Rs 9,000 from one of the two houses he owns. Tax optimizer: Salaried Ghosh should use NPS, home loan to save more tax Ghosh can save nearly Rs 74,000 in tax if he avails of the NPS benefit offered by his company, invests in the pension scheme on his own and takes a home loan. Alternative investment returns monitor: For the week ending Nov 1, 2017 Here's a weekly tracker of returns from alternative investments. But don't compare these with traditional investments since purpose of these is vastly different.

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News Digest: How tech is making life easier for differently-abled

		THE TIMES OF INDIA
		Tuesday, November 07, 2017
		Today's Headlines

		India
		How tech is making life easier for differently-abled Paradise Papers: Top cardio held shares of stent maker I-T sleuths go hunting in 'Paradise' while looking to tie up Panama Papers probe The government on Monday ordered a multi-agency scrutiny against entities named in the 'Paradise Papers' while also saying it had launched criminal prosecution against five Indians named in the 'Panama Papers'. More India News»

		Business
		Paytm plans $bn top-up to cash in on note ban success Paytm, one of the prominent beneficiaries of the government’s demonetisation drive a year ago, is allocating a $1-billion investment to ramp up its payments business as it looks to build a financial services platform, founder and CEO Vijay Shekhar Sharma told TOI. Wilful defaulters cannot bid for their companies: SBI chief I'm bullish when all are bearish: Sam Altman More Business News»

		Environment
		India to showcase 'Yoga' at UN climate conference United Nations climate change conference to prepare a rule book to implement Paris Agreement began in Bonn on Monday with India asking for including pre-2020 actions of rich nations in the agenda for discussion. India has also decided to conduct 'Yoga' session every evening there to showcase its age-old tradition of sustainable lifestyle. '2017 will be among three hottest years on record' This year is set to be among the three warmest since records began in the 19th century, the head of the UN's weather agency said at the start of a 200-nation conference on slowing climate change in Bonn, Germany. China may grasp climate leadership at UN talks Government experts are to work on a "rule book" for the 2015 climate pact at the Nov. 6-17 annual meeting in Bonn, Germany. The accord seeks to end the fossil fuel era this century with a shift to wind, solar and other clean energies. More Environment News»

		World
		'Pak welcomes US mediation in easing tension with India' Pakistan Foreign Minister Khawaja Asif on Monday said his country will welcome the US' mediation in easing tensions with India but is opposed to President Donald Trump's proposal to give a bigger role to New Delhi in war- torn Afghanistan. Mattis faces questions from allies on IS strategy "We're trying to get this into the diplomatic mode so we can get things sorted out," said Mattis, who will meet with NATO defense ministers later this week. "and make certain (that) minorities -- whoever they are -- are not just subject to more of what we've seen" under Syrian President Bashar Assad until now. US embassy in Turkey says resumes processing visas on 'limited basis' The United States has resumed processing visas at its missions in Turkey on a "limited basis", the embassy said in an email on Monday, in what could signal a tentative improvement in the ongoing diplomatic crisis between the two countries. More World News»

		Entertainment
		Prakash Raj comes out in support of 'Padmavati' Today, multilingual actor Prakash Raj took to Twitter to ask "Who is responsible for creating such atmosphere?" All is well between Ranveer, Shahid and Deepika Ranveer Singh and Shahid Kapoor not miffed over Deepika Padukone attending the 3D trailer launch of 'Padmavati' Minister dares Bhansali to make films on other religions With less than a month before its release, the woes for the director and his team seem far from over. More Entertainment News»

		Science
		India's space observatory accomplishes X-ray polarisation : Astrosat, India's first dedicated multi-wavelength space observatory, has accomplished the extremely strenuous job of X-ray polarisation, putting up a strong challenge to prevailing theories of high energy radiation from pulsars. Proxima Centauri may host planetary system: Study Scientists have detected dust belts around Proxima Centauri, a finding that indicates the presence of an elaborate planetary system hosted by the closest star to the solar system. Proxima Centauri is the closest star to the Sun. Babies can perform probability calculations: Study Even babies can estimate the probability of an event, say scientists who suggest that our ability to analyse risks and benefits of any action begins to develop when we are just six months old. More Science News»

		Sports
		MS Dhoni should realise his role in T20s, says Sehwag Legendary opener Virender Sehwag on Monday advised Mahendra Singh Dhoni to get going from ball one while chasing big totals and asked the Indian team management to brief the under-pressure player about his role in the T20 team. Bumrah has worked a lot on his action, says Bhuvneshwar Bhuvneshwar Kumar has witnessed Jasprit Bumrah evolve into a potent weapon for India and said that the Gujarat bowler has worked a lot on his action, which is paying dividends. Sindhu, Saina enter semi-finals of National Championship Olympic medallists PV Sindhu and Saina Nehwal sailed into the women's singles semi-finals while men's world number two Kidambi Srikanth also notched up a comfortable win in the 82nd Senior National Badminton Championship on Monday. More Sports News»

		Technology
		Bengaluru innovation hub a win-win for Indian economy, SAP: Bernd Leukert "As a global player, you have to engage locally. And that is an advantage we have, we can connect with these startups in Bengaluru, Silicon Valley and Munich," SAP's head of products said. iPhone X fever catches Bollywood, see social media posts from Anil Kapoor, Riteish Deshmukh, Karan Johar, Abhishek Bachchan and more The Apple iPhone X bug seems to have bitten several Bollywood personalities in the country too. Many of them took to social media platforms like Twitter and Instagram shared their excitement on being able to get their hands-on Apple iPhone X. 17-year-old boy rescued from Blue Whale suicide bid in West Bengal The Railway Protection Force (RPF) rescued a 17-year-old boy taking part in the notorious online `Blue Whale' challenge who had arrived at Chennai Central on a train from West Bengal on Saturday evening. More Technology News»

		Education
		Specialisation in one field not good enough for future jobs, say educationists and employers Goa government likely to hike spending on education sector educational sector which is around 3.4 per cent of the GDP is. Campaign to include children with disability in education awareness for inclusive education, specially in rural areas. More Education News»

		Mumbai
		Business goes on at Breach Candy, but ghodawallas missing from Nariman Pt Family refuses to bury son for eleven days, awaits 'resurrection' Horse handler blames pothole in park for 6-year-old girl's death More Mumbai News»

		Delhi
		SC sends convicts in gang rape of varsity student back to jail Agreeing to hear a plea filed by the survivor's family challenging the high court order, a bench of Justices S A Bobde and M M Shantanagoudar issued a notice to the convicts and the Haryana government. Capital's first drug racket via Dark Web busted Lack of hospital beds means up to 2-yr wait for surgery patients More Delhi News»

		Bangalore
		Man's marital row leads parents, sister to end life A man’s marital row prompted his parents and sister to end their lives while he himself has been hospitalized after attempting suicide on the fringes of the city on Monday. Baby born with no control over head movement gets back to life An eight-month-old child who was a cause of worry for his parents as he had no control over his head movement and had problems in his left hand and right leg, is recovering after being operated for a rare craniocervical region disorder. Karnataka may have to choose a tri-colour flag More Bangalore News»

		Hyderabad
		'Rangasthalam's' Hindi satellite rights sold for a whopping amount? A funny take on modern love from Uttar Pradesh Feminist sketches from a 19th century norwegian household More Hyderabad News»

		Chennai
		Satirical song on Chennai corporation Rains batter roads, leave them unusable CM seeks Rs 1,500cr central funds for drainage project More Chennai News»

		Ahmedabad
		Dinu Solanki surrenders, sent to prison For heir, man forces wife to sleep with his father, doctor Traffic cop on bike clubbed by unknown person More Ahmedabad News»

		Allahabad
		UP Rajarshi Tandon Open University to hold its 12th convocation Vasi dacoity: STF, Mumbai police arrest two robbers in Allahabad Kinnar Akhara demands land in Magh Mela More Allahabad News»

		Bhubaneswar
		Passengers to pay more as 5 trains upgraded into superfast category Odisha matriculation exam to begin from February 23 Six tribals beaten up for practising 'witchcraft' in Odisha More Bhubaneswar News»

		Bhopal
		Madhya Pradesh: 'Robin hood' cop caught for bribery, cries during action Bhopal gangrape: Fourth accused, carrying Rs 10,000 reward, arrested BJP remembers Lord Rama in Chitrakoot, so does Congress In a tooth-and-nail fight for this assembly seat, both the Congress and the BJP are finding solace in the tales of Lord Rama these days. More Bhopal News»

		Chandigarh
		GST hit Himachal hard, will revamp it: RaGa Cong & BJP fight on social media from 'war rooms' Cong encouraged 'mafia raj' in state, says Yogi More Chandigarh News»

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