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NPS Vatsalya, Sukanya Samriddhi Yojana (SSY), and PPF are three popular schemes designed to secure a child's financial future. Each offers unique benefits, from high-interest savings to flexible withdrawals — check which one suits your child’s needs best.

CNBC TV18

Thu, Sep 19, 2024

Adopting effective financial habits, such as wise borrowing and spending tracking, leads to improved financial well-being and security. Prioritizing health and lifelong learning further contributes to a prosperous future.

Mint

Thu, Sep 19, 2024

Income tax audit: September 30, 2024 is the last date to upload income tax audit report on the e-filing income tax return (ITR) portal. However since September 18, 2024 many taxpayers are unable to upload the audit report on the e-filing ITR portal. "The difficulty in uploading attachments has become a major hurdle for tax professionals, adding to the stress and anxiety of meeting the compliance deadline," says CA Deepak Chopra.

The Economic Times

Thu, Sep 19, 2024

The Assets Under Management (AUM) of equity mutual funds rose by 2.04% to ₹25,64,069 crore in August 2024, up from ₹25,12,846 crore in July 2024.

CNBC TV18

Thu, Sep 19, 2024

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The Economic Times

Thu, Sep 19, 2024

With over 1,700 branches and offices managing a balance sheet of more than ₹4,90,000 crore, Sinha brings over 29 years of varied banking experience to her new role

Business Line

Thu, Sep 19, 2024

Sensex, Nifty new highs: The current stock market is seeing upward momentum, making Sensex and Nifty scale new heights. However, the current bull market is yet to see a big stock market crash. The question is how long this bull run will last and what you should do to prepare for it.

The Economic Times

Thu, Sep 19, 2024

Nifty futures can advance to 25,800 before the end of this week

Business Line

Thu, Sep 19, 2024

NPS Vatsalya calculator: How an annual investment of ₹10,000 can make your child a crorepati. Details here

Mint

Thu, Sep 19, 2024

Starting from September 20, 2024, investors can invest as little as ₹1,000 in the UTI Nifty Private Bank Index Fund and the UTI Nifty200 Quality 30 Index Fund, down from the previous requirement of ₹5,000.

CNBC TV18

Thu, Sep 19, 2024

The date of purchase for a house property can vary based on the property type. Capital gains exemptions under Section 54 apply for long-term gains, but none exist for short-term gains. Investment funding can be through loans or savings without affecting exemption eligibility

Mint

Thu, Sep 19, 2024

The Fed stated that inflation is nearing its 2% target but noted ongoing concerns about elevated inflation and a weakening labour market

Business Line

Wed, Sep 18, 2024

HDFC Pension's AUM doubled in 16 months, driven by a 34.1% increase in its subscriber base, which now stands at over 2.1 million. This makes it the first private sector pension fund manager to achieve this milestone.

CNBC TV18

Wed, Sep 18, 2024

This feature allows RuPay BOBCARD holders to convert purchases into EMIs using a UPI app by scanning a QR code.

CNBC TV18

Wed, Sep 18, 2024

The Subhadra Yoajana scheme is a flagship initiative by the Government of Odisha aimed at financially empowering women, improving their socio-economic status, and promoting their safety and well-being.

The Economic Times

Wed, Sep 18, 2024

Understanding inflation and investment strategies are crucial for retirement planning.

Mint

Wed, Sep 18, 2024

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The Economic Times

Wed, Sep 18, 2024

Income tax notice: A salaried individual may get income tax notice, if their ITR has any error or they have found guilty of tax evasion, etc. There are many income tax notices and it is important for salaried individuals to know about the notices. This will enable them to be prepared for an income tax notice.

The Economic Times

Wed, Sep 18, 2024

Investors are closely watching whether the Fed will opt for a 25 or 50 basis point (bp) cut.

CNBC TV18

Wed, Sep 18, 2024

Latest NPS equity returns: Under the NPS scheme, pension fund managers invest their money in four types of assets. The risk-return profiles of these asset classes (E, G, C, and A) vary. With NPS, you can choose how to allocate your NPS assets.

The Economic Times

Wed, Sep 18, 2024

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The Economic Times

Wed, Sep 18, 2024

Govt income tax collections: The government saw robust tax collections during the first four months of FY 2024-25. This is likely to help government to attain target of lower fiscal deficit. However, the internals of tax collection are worrying at the margin. Barring income tax, all the other components of tax are reporting very muted growth in collection.

The Economic Times

Wed, Sep 18, 2024

NPS Vatsalya represents a significant advancement in India's pension system, aims to start early in safeguarding children's financial future. The Pension Fund Regulatory and Development Authority (PFRDA) will oversee the Scheme's administration.

The Economic Times

Wed, Sep 18, 2024

NPS Vatsalya is a new pension scheme designed for minors. It allows parents and guardians to invest as little as ₹1,000 annually in a child’s future, making it accessible to families across all income levels.

CNBC TV18

Wed, Sep 18, 2024

While strategies like using multiple Permanent Account Numbers (PANs) or shareholder quotas might slightly improve allotment chances, the odds still remain slim.

Mint

Wed, Sep 18, 2024

This comes as bank deposit growth lags behind credit growth, leading to a decrease in net household financial savings

Business Line

Wed, Sep 18, 2024

Credit cards help manage finances, especially for salaried individuals. Avoid mistakes like not checking your credit score, ignoring eligibility criteria, providing inaccurate information, and not reading terms.

Mint

Tue, Sep 17, 2024

Tax releif under section 89: If you have received arrears of salary pertaining to last year and this results in higher payment of tax in the present financial year then you can claim tax releif under Section 89. Read below to know more about income tax releif under Section 89.

The Economic Times

Tue, Sep 17, 2024

The Indian mutual fund industry witnessed a significant drop in liquid and debt fund inflows in August, driven by liquidity shortages, tax payments, and rising overnight yields.

CNBC TV18

Tue, Sep 17, 2024

The UK Home Office has introduced the ETA scheme, which operates similarly to the US ESTA system

Business Standard

Tue, Sep 17, 2024

Starting September 20, 2024, an exit load of 0.25% will be charged if investors redeem their units within 7 days of investment.

CNBC TV18

Tue, Sep 17, 2024

Income Tax: Salaried employees can optimise their taxes by leveraging deductions such as 80C and 80D, and by making contributions to the National Pension System. Proper salary structuring and understanding investment taxation can further enhance post-tax earnings.

Mint

Tue, Sep 17, 2024

Gold prices globally remained steady on Tuesday, September 17. Spot gold was stable at $2,577.98 per ounce, slightly below Monday’s record high of $2,589.59 per ounce.

CNBC TV18

Tue, Sep 17, 2024

An initial investment of ₹10,000 would have grown to ₹3.39 lakh, compared to ₹2.82 lakh if invested in the benchmark index.

CNBC TV18

Tue, Sep 17, 2024

The merging scheme is scheduled to terminate on September 30, 2024, and the fund house believes this move will help investors remain invested in the current interest rate environment.

CNBC TV18

Tue, Sep 17, 2024

Das also indicated policymakers aren’t actively considering an interest rate cut in October

Business Line

Tue, Sep 17, 2024

The new system reveals that it calls not just a paradigm shift in input tax credit and technological advancements but the commercial protocols for invoice approval and dispute resolution which may serve as a robust form of proof in potential legal proceeding, writes EY India's Saurabh Agarwal and Jasmeen Anand.

CNBC TV18

Tue, Sep 17, 2024

To prevent double taxation, India and the US have entered into a Double Tax Avoidance Agreement.

Mint

Tue, Sep 17, 2024

The benefit of indexation for the purpose of computing long-term capital gains, arising on or after 23 July 2024, has been removed for all taxpayers except under one circumstance

Mint

Tue, Sep 17, 2024

NALCO share price can rise to ₹215

Business Line

Tue, Sep 17, 2024