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While credit cards have become the preferred payment option for many, this has also raised concerns about overleveraged, particularly during the festive season
Investors with a longer time frame will be better off investing in longer-tenured FDs
Italy has long struggled with a shortage of caregivers for its elderly and disabled citizens
For those who want to quench their wanderlust, Mint is launching a series that will capture the costs and experiences at various international destinations through the personal stories of travellers.
Credit card users can enhance reward points by purchasing gift vouchers instead of swiping cards directly. Platforms like HDFC SmartBuy and American Express Reward Multiplier offer up to 10X points across various brands, providing instant discounts and maximizing rewards during the festive season.
Coldplay's performances in Mumbai and Diljit Dosanjh's shows in Chandigarh and other cities are the main contributors to this spike, according to ixigo
National Savings Certificate, or NSC, are savings bonds offered under the India Post's small saving schemes. The interest rate on the NSC, along with other small savings schemes, is revised every quarter by the government.
Balanced Life Cycle Fund under NPS: PFRDA has launched a new investment fund called the Balanced Life Cycle Fund for NPS subscribers. The new fund allows NPS subscribers to remain invested in equity for 45 years instead of the 35 years allowed in current life cycle funds. This will help equity investors earn higher equity returns.
The DV lottery focuses on countries with low immigration rates to the US, and successful applicants are granted permanent residency
Taxpayers had challenged these notices, arguing they should fall under the new reassessment regime that took effect on 1 April 2021, during the covid pandemic.
Instalments you pay on a loan will vary significantly depending on the interest rate
Personal loan: To procure a personal loan, an applicant should have a regular income, a high credit score and a sound bank statement. Other factors which a lender may consider include income tax return for the past two years
The apparent glitch left many customers unable to log in or view their balances, with some seeing their account balances drop to zero.
Personal Loan: Financial emergencies can deplete savings quickly. Personal loans offer flexibility and competitive interest rates, making them ideal for managing crises. Unlike credit cards, they have lower rates and longer terms, and the application process is simple.
The extant 10-year G-Sec, which was traded at 6.73 per cent on Tuesday, was issued at a cut-off yield (coupon rate) of 7.10%per cent in April 2024; Govt borrowing to become cheaper in FY25
Bidding higher can boost your chances of IPO allotment, but there are no guarantees.
However, the full-year disbursals in the current fiscal will show growth driven by recent measures, say bankers
The deductible is the amount paid through the base policy or out of pocket before the super top-up kicks in. A higher deductible reduces the premium
‘The newly constituted MPC is likely to await more clarity on the evolution of the inflation trajectory before embarking on monetary easing path’
A personal loan EMI calculator helps you zero in on a good loan deal by helping you find the monthly instalment which you need to pay for loan to be repaid in a given timeframe
Understanding paycheck deductions is crucial for financial management. Key deductions include TDS, Provident Fund contributions, and professional taxes, while voluntary options like NPS can enhance savings
Gifting a share of property to you and your son is not taxable, as it's from a relative. Capital gains from selling the property may qualify for exemption under Section 54 if reinvested
During the festive season, first-time borrowers should exercise caution when taking out personal loans. By planning budgets, comparing lenders, and understanding repayment capacities, individuals can manage their finances effectively and avoid stress
A probate is granted by the court in respect of a will (to certify its genuineness) and not in respect of separate assets comprised in the will.
The new members are expected to attend the MPC meeting scheduled to be held next week
Naveen Fernandes, 62, used to cycle every day and run half marathons before he was diagnosed with inoperable cancer. But with careful financial planning he hopes to ensure a secure future for his wife and three daughters.
Personal Loan: Unemployed individuals can still secure personal loans with careful planning. Assess needs, maintain a good credit score, and prepare documentation to enhance chances of approval, despite potential scrutiny from lenders.
Personal Loan: An EMI calculator helps you quickly determine your personal loan's monthly payments. By allowing for flexible adjustments and providing instant results, it aids in budgeting and informed decision-making, ultimately supporting a more secure financial future.
The Union Budget 2024 introduces income tax changes, including revised TDS rates, effective October 1. Notably, the 20% TDS on mutual fund unit repurchases is eliminated, while share buybacks will be taxed as dividends, aligning with individual income tax rates
The value of transactions stayed above the ₹20 lakh crore mark for the fifth consecutive month.
George Soros’s philosophy stresses the unpredictability of markets driven by human biases. While forecasting market movements is impossible, investors can prepare by using both qualitative and quantitative strategies, staying flexible, and building resilient portfolios.
An expert pointed out that gold recently dropped more than 2% from its all-time high of $2,707 per ounce (₹76,500 per 10 grams)
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Here we explore key changes and launches in the National Pension System (NPS) in 2024, including the introduction of the NPS Vatsalya scheme and enhanced tax deductions for employer contributions.
A non-resident Indian sold agricultural land and deposited the capital gain. He must use the funds by October 2024 to avoid tax. The exemption under Section 54B cannot be reversed by investing in non-agricultural assets or residential properties after the deadline.
Traders can short Bank Nifty October futures for a target of 52,800
Latest PPF interest rate: The government revises the interest rates of all small savings schemes every quarter. Some popular post office schemes are the Public Provident Fund, Senior Citizen Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), Post Office Time Deposits (POTD), Mahila Samman Savings Certificate, and Post Office Monthly Income Scheme (POMIS).