There are so many mobile apps offering instant personal loans with minimal documentation. Is it safe to avail these loans? How do I know which
Category: Finance
What are the hidden factors that adversely impact your credit score? Different ways to manage them explained
Credit score: Credit score casts an influence on loan approvals, interest rates, and credit card approvals. A loan borrower or credit card applicant with a
Renting vs buying in senior living: The costs and trade-offs
“Ageing has brought health challenges, and I often worried about becoming dependent on my children. That’s something I want to avoid, so choosing a senior
Credit card: What are air miles and how to monetise them to get free air tickets? An explainer
Credit cards: Would you like to buy an air ticket without having to pay for it? That sounds cool, doesn’t it? This can happen with
How to check your credit score for free? A step-by-step guide
Consistently monitoring and checking your credit score is vital for maintaining financial stability. A high credit score permits applicants to secure favourable credit cards, personal
Will GST cut on construction materials really benefit homebuyers?
The 56th GST Council meeting introduced a series of reforms under what is being called GST 2.0. The changes focus on three main priorities: offering
Income Tax: 5 common mistakes taxpayers often make while filing ITR and how to avoid them
Income Tax: The last date to file an income tax return is September 15. With only 10 days left to file the ITR, most taxpayers
Should you opt for mutual funds to accumulate sufficient wealth for retirement? Experts weigh in
Mutual funds: Retirement planning should be one of the most important goals of everyone’s life. As soon as an investor starts earning, it is recommended
Data-driven approach with fund manager insights sets us apart
The fund house also has the benefit of Jio’s large distribution ecosystem, which allows it to focus on direct-only plans for now. In this interview,
Want to boost your credit score? These 7 small steps might help
Credit score: If you are planning to take a loan anytime soon or apply for a credit card, it is imperative for you to be
Does having multiple credit cards hurt or improve your credit score?
In the last few years, banks have introduced brand-specific (co-branded cards), business group-specific, category-specific, etc., credit cards. While each credit card may offer good benefits,
Unified Pension Scheme: Centre notifies slew of rules under UPS; check details
The central government on Thursday said it has notified rules regarding service matters related to benefits under the Unified Pension Scheme (UPS) in respect of
Will accepting a credit limit increase help or hurt your credit score?
In August 2025, Paisabazaar released a report titled “How India Checks Credit Score”. The report provides insights into India’s most credit-healthy cities (Delhi and Pune),
Want to get personal loan with average credit score? Here are some tips and tricks
Credit score: If you are looking for a loan but your credit score is in the range of low to mediocre, you do not need
How much can you borrow against your assets for festival expenses? Find out
Festivals bring their cheer to Indian households. But in sprucing up the home and wardrobe for festivities, the family budget goes askew. If you are
Consider these 6 factors before choosing a lender for a personal loan
Personal loan: Before applying for a personal loan, applicants must consider several crucial factors. The borrower must ensure that the interest rate is affordable, there
5 smart tips to build a savings plan with your credit card
Making a credit card part of your long-term savings plan can be a smart financial decision. Instead of seeking credit cards merely for spending purposes,
The tax implications of selling US-listed bonds
I am a resident of India and have purchased Bank of America’s 4.45% NYSE-listed bond under the Liberalized Remittance Scheme (LRS). When I sell these
5 common mistakes that keep your credit score stuck at 500
A credit score stuck at 500 immensely limits access to credit and raises borrowing costs. Many individual borrowers continue to remain unaware of the common
Attention taxpayers! What is the deadline to file your income tax returns? Here’s are the ITR dates…
Income-tax returns: It is tax season again, and particularly for salaried and business taxpayers, please note that these are the last few days to file
Filing ITR for 1st time? Income Tax Dept shares detailed guide to register on e-filing portal
ITR filing: Whether you’re a salaried individual, freelancer, or have just entered the job market, filing income tax returns (ITR) for the first time may
ITR Filing: Got income tax notice? Here’s how to verify if it’s authentic or fake
ITR Filing: The ITR filing season is here and if not done correctly, you can receive an income tax notice from the department. Receiving an
Denied entry at airport lounge? THESE could be the key reasons
Credit cards: Do you travel often by air and happen to cross-cross the length and breadth of this country? If that is the case, you
Will Paytm UPI stop working from August 31? Company clarifies Google Play alerts
Paytm on Friday clarified that a Google Play notification that recently caused panic among users regarding its UPI handle changes were incomplete and may have
As hospitals & insurers fight over cashless claims, here’s how to stay protected
If you are a customer of these insurers, you may be wondering if you should port your policy to another provider. Well, the good news
ITR Filing: Verification done, waiting for ITR refund? Here is how long you have to wait
ITR Filing: Once the income tax return (ITR) is filed and submitted, many taxpayers wait for their income tax refunds, especially when they paid more
How to improve your chances of getting a large personal loan approved quickly
Applying for a big personal loan can feel daunting. Banks and fintech lenders are willing to disburse large sums today, but they don’t hand them
Should you look for better alternative when you have instant loan offer in hand? All scenarios explained
Personal loans: Getting a loan offer from a bank or fintech platform is not an uphill task. If the loan applicant enjoys a good credit
Why no one wants to be a retirement adviser in India
Experts attribute the cooling interest to the growing appeal of the new tax regime, which offers no benefits on NPS contributions, and to weak distributor
These 5 popular lifestyle credit cards offer cashbacks galore. Check list here
Credit Cards: If you are a shopaholic and credit card user at the same time, it is recommended to get a lifestyle credit card which
Credit score: What is the difference between soft and hard inquiry?
If you are contemplating applying for a loan, it is common to first check your credit score. It is worth noting that checking your credit
Warren Buffett backs THIS ‘90/10’ investment mantra for his family: Should Indian investors follow?
Known as the Oracle of Omaha and for his spectacular run at the helm of Berkshire Hathaway, many investors big and small, look to billionaire
YES BANK’s POP-CLUB Credit Card rewards 10% POPcoins for online transactions. Details here
In July 2025, the value of UPI transactions reached Rs. 25.08 lakh crores, compared to Rs. 20.64 lakh crores in July 2024, as per NPCI
Income tax filing: Top 10 things Demat account holders must keep in mind
Income tax filing 2025: Demat account holders, it nearing the deadline for the income tax filing this year, so if you still have to file
Income Tax Return: Got cash as a wedding gift? Know how it will be taxed in ITR filing for AY2024-25
ITR Filing: In India, weddings are treated as a festival for family and friends, and giving big gifts is part of a culture. However, for
ITR Filing: Which income tax return form is applicable if I have income from house property?
When filing your Income Tax Return (ITR), one of the most common questions taxpayers have is: Which form should I use, and how can I
ITR Filing: How is interest earned on a joint account taxed, and how to report it correctly in your Income Tax Return?
Income Tax Return Filing 2025: Joint accounts are regular bank accounts that are opened by two people jointly who can enjoy equal benefits when it
These 6 credit cards provide free access to airport lounges. Check list here
Credit Cards: If you are a frequent traveller, it is recommended to use a credit card that gives you some cashback and reward points against
5 common reasons to apply for a personal loan
If you urgently need money and borrowing from friends and family is not an option for you, then another feasible option is to take out
Income Tax Returns: What is ITR-U, who can file it and who cannot? From process to penalty – here’s all you need to know
Central Board of Direct Taxes (CBDT) has notified ITR-U (updated), a form that allows taxpayers to rectify errors or omissions and file your previous Income
Why collecting a ‘No Dues Certificate’ after closing a personal loan is crucial
You took a personal loan and paid all the EMIs on time. After paying the last EMI, you think your personal loan journey is over.
Income tax filing: Missed the early train? Here’s a checklist of required documents for smoother ITR process
Income tax returns: It is the tax season once again, and while the e-filing process for income tax returns (ITR) has become quicker and easier
With interest rates on a decline, should retail investors opt for debt mutual funds over FDs? Experts speak
Mutual Funds: Starting in February 2025, the Reserve Bank of India (RBI) began cutting the repo rate, and in three consecutive meetings – February, April,
Income tax returns: Step-by-step guide on how to submit revised ITR if you made mistakes in original filing
Income tax returns: It is the tax season once again, and while ITR e-filing has become quicker and easier over the years, the process can
Why credit scores should be part of India’s financial literacy curriculum
If you’re planning to buy a phone, a TV, or a car, you will be mostly buying it “on EMI”. Credit has become an integral
GIFT City and FinTechs Fuel India’s Next Wave of Global Investment
The traditional Indian investment portfolio is undergoing a transformation. A new generation of investors is looking beyond domestic assets and want to expand their ambit
Why the Married Women’s Property Act is an underused financial safeguard
One such tool is the Married Women’s Property Act (MWPA), 1874, an over 150-year-old law that remains one of the most underused financial safeguards in
Can RBI’s floating-rate bond improve your debt returns?
One instrument worth considering in this scenario is the RBI Floating Rate Savings Bond (FRSB), which currently offers 8.05% per annum and comes with the
Sebi’s AIF rule changes give fund managers more time—but add new challenges
These changes aim to resolve long-standing challenges in managing unliquidated assets while giving fund managers more operational flexibility. At the same time, they introduce new
EPFO Aadhaar UAN linking – What are the latest changes? All you need to know
The Employees’ Provident Fund Organisation (EPFO) has announced new rules to make it more convenient for its users to link Aadhaar with their Universal Account
Income Tax: After ITR-1 to ITR-5, excel utility of ITR-6 also released
Nearly six days after releasing the excel utility of ITR-5, income tax department on Thursday released the utility of ITR-6 as well. Those who are
Best Mutual Funds: These 6 value schemes delivered over 20% annualised returns in past 3 years
Best Mutual Funds: Before investing in a mutual fund scheme, investors typically examine its past few years’ returns and compare them with those of other
Income Tax Filing: Slow website, complex ITR forms trouble taxpayers; experts bat for deadline extension
Income Tax: A number of tax experts and taxpayers are reportedly facing problems with filing the income tax returns (ITR) for FY 2024-25. Some of
Why Shilpa Shetty and Raj Kundra took loan-cum-investment for now-defunct company
Personal loans: Bollywood actor Shilpa Shetty and husband Raj Kundra are embroiled in a fresh row after a police complaint was filed against them for
What happens if you default on your personal loan and it becomes an NPA?
Timely EMI payments for a personal loan or any other loan have the highest weightage in calculating the credit score. Hence, the borrower must pay
Will Centre pay 18 months’ DA arrears to employees, pensioners frozen during Covid? Finance Ministry gives MAJOR update
The government has responded to a question on whether or not central government employees and pensioners will get their three instalments of Dearness Allowance (DA)
3 important things to check in your personal loan agreement before signing
In a personal loan, many borrowers focus on the amount borrowed, the interest rate, EMI, etc. However, there are other important terms and conditions related
Income Tax: Top 10 things first time taxpayers must keep in mind while filing ITR
Income-tax returns: From what documents are required, to which forms is the one to fill, and what is the last date of filing — we
Tax Bill 2025 fixes oversights on refunds, TDS, and property deductions
The Parliament passed the revised Income Tax Bill 2025, fixing drafting oversights in the earlier February version that had sparked confusion over refunds, tax deducted
What will be the tax on the sale of shares bought as a resident and NRI?
When I was a resident of India, I made a seed investment in a friend’s private limited company in the country in late 2019. Just
ITR FAQs: What are the modes of filing? Can you file returns after due date? Top 10 questions answered
Filing an Income Tax Return (ITR) is an essential yearly financial task for every eligible individual. Whether you are a salaried employee, self-employed, freelancer, or
Attention taxpayers! File ITR before THIS date or face penalties for delayed returns — 5 key things to know
ITR Filing: It is that time of the year again when taxpayers across the country file their income tax returns (ITR). As such, here’s a
ITR Filing 2025: How tax rules differ for freelancers and salaried individuals
ITR Filing 2025: As the ITR 2025 filing season is approaching, many freelancers and consultants are uncertain about how their income is taxed differently from
Revised New Income Tax Bill 2025: What are the changes suggested by Select Committee? Explained in 10 points
Finance Minister Nirmala Sitharaman moved to withdraw the New Income Tax Bill, 2025, on Friday, after a Parliamentary Select Committee led by BJP MP Baijayant
ITR Filing: ‘Trading profit is ₹21,000, but taxable gain ₹1 lakh – How’s this Possible?’ Reddit post sparks debate
ITR Filing: As taxpayers swing into action to file their income tax returns (ITR) ahead of the 15 September deadline, a Reddit post has sparked
Filed ITR? Your income tax refund email could be a scam, I-T Department reveals FAKE ID | Here’s what you should do
The Income Tax Department has warned taxpayers about a rising wave of phishing scams amid an increase in ITR filings by citizens. Scammers are trying
Credit Cards: THESE 5 cards provide good movie experience to movie buffs
If you are a credit card user and movie buff at the same time, it is advisable to apply for a card that offers discounts
Income Tax: Do you need an expert to file your ITR? Pros and cons explained
Income Tax: Fewer than 40 days remain before the September 15 deadline to file the income tax return (ITR) for FY25. Some taxpayers could be
5 proven ways to improve your credit score before applying for a personal loan
Improving your credit score before submitting any personal loan applications can significantly boost your chances of approval and help you secure easier interest rates. A
Jan Dhan account re-KYC: How to do it? RBI Governor Sanjay Malhotra shares crucial update
The Reserve Bank of India on Wednesday flagged that a number of Pradhan Mantri Jan Dhan Yojana accounts are due for a re-KYC as the
How understanding buyer needs helps create a positive customer experience
Debt collection often carries a negative connotation, frequently associated with pressure tactics or aggressive recovery methods. However, this perception does not reflect the evolved reality
Best Mutual Funds: These 8 hybrid funds gave over 20% annualised return in past 5 years
Before investing in a mutual fund scheme, it is important to review the past returns. This gives an indication of how the scheme may perform
5 critical mistakes to avoid when taking an instant personal loan
Instant personal loans are nothing but unsecured credit products developed to meet urgent financial requirements for diverse needs such as education, medical expenses, or home
EPFO rule: UAN to be generated only via Aadhaar-based face authentication; check details
The Employees Provident Fund Organisation (EPFO) has announced that the allotment and generation of Universal Account Number (UAN) will be done only through the Aadhaar-based
How to calculate stamp duty on the share of property my brother is gifting me?
My brother and I jointly purchased a property 10 years ago. My brother contributed 30% of the price while I contributed the rest. This can
Personal loans: How to use EMI calculator for managing your loan?
At the time of taking out a personal loan, it is important for borrowers to streamline their finances by using a personal loan EMI calculator.
PF rules: How does employer contribution in EPFO work? Explained in five points
EPFO Rules: The Employees Provident Fund Organisation (EPFO) makes it mandatory for all companies to sign up for its PF scheme in order to build
Income Tax Rules: 10 common mistakes you must avoid while filing ITR in 2025
ITR Filing 2025: The government has extended the last date to file income tax returns for 2025 to September 15, as opposed to the typical
Wealth management is changing. How the next generation of financial advisors can thrive.
1. Know your future clients. Millennials and Gen Xers are estimated to inherit $34 trillion, according to research from Cerulli Associates. Part of this wealth
Govt to call financial bids for IDBI stake sale by Oct-Dec: Divestment secy
New Delhi: The government is preparing to invite financial bids in the third quarter (October-December) of FY26 for a strategic stake sale of IDBI Bank,
UPI New Rules from 1 August: What are the changes? Who will be affected? All FAQs answered
UPI Rule Change from 1 August, 2025: A set of new UPI rules have kicked in from today, 1 August 2025, as per mandates set
How a personal loan EMI calculator helps you avoid missed payments
Taking a personal loan can provide borrowers with financial flexibility. This comes in handy for big purchases or emergencies. Still, managing repayment is extremely important
How to check your free CIBIL, Equifax, Experian, and CRIF credit reports online?
Every individual in the country is entitled to one free credit report every year from each of the four leading credit bureaus, according to the
Best mutual funds: These 15 sectoral, thematic schemes gave over 30% annualised return in the past 5 years
Before investing in a mutual fund scheme, it is recommended to examine the past returns of similar schemes in the same category. Although historical returns do
How can large business families divide assets without breaking bonds?
Query: We come from a large and complex family setup. My father and his three brothers have jointly run a business that was started over
I-T Department extends deadline for e-filed tax returns erroneously rejected by CPC
India’s apex income tax regulatory body, the Ministry of Finance’s Central Board of Direct Taxes (CBDT), declared on Monday, 28 July 2025, that it is
India logs 65K digital payments worth ₹12K trillion in 6 years, says govt
New Delhi: India logged over 65,000 crore digital payment transactions worth ₹12,000 trillion in the last six fiscal years—FY19 to FY25—marking a surge in the
Should you invest in mutual funds to achieve financial independence? Experts speak
All of us who make investments are driven by our financial goals. These goals could range from buying a dream house and sending our son/daughter
Citi launches Strata Elite Card to rival Amex and Chase: From benefits, costs and perks — Here’s all you need to know
Citigroup has become a latest entrant to join the competitive luxury credit card market with its new Strata Elite Card. This latest offering is the
India’s gig economy in 2025: Growth, formalisation, and financial inclusion explained
India’s gig economy has seen a sharp rise over the past five years. According to various news reports, there are approximately 12 million gig workers
Rejected insurance claims? An in-house ombudsman could help
We buy insurance to protect our finances against unforeseen life events such as hospitalisation or a death in the family. However, it’s a reality that
An SIP of 10K in this flexi cap mutual fund would have grown to ₹30 lakh in 10 years. Check how
If you are a mutual fund investor, you must be aware that one of the most feasible and preferred routes of investing is systematic investment
Income Tax: Why is trusting AIS blindly not a great idea? This is what taxpayers can do
The income tax return (ITR) filing deadline on September 15 is drawing closer. Taxpayers are supposed to access necessary information through a multitude of documents,
ITR 2025: These are the 5 key streams of income liable to tax
If you are a taxpayer and are contemplating filing your income tax return (ITR) for FY2024-25, then it is vital to note that your tax
SBI Card discontinues ₹1 crore air accident insurance coverage. Check details
If you hold an SBI Credit Card, particularly one of its premium variants, there’s an important update for you. With effect from July 15, SBI
How you can rebuild your credit score after defaults and missed card payments
I’m 32 years old, and my spouse and I plan to move in together soon, with the eventual goal of buying a home. I recently
ITR 2025: What is long-term capital gains tax? Exemption limit, rate of tax and other details
During financial year 2024-25, if a taxpayer sold a capital asset, including a property or jewellery, they are liable to pay capital gains tax, subject
Best Mutual Funds: These flexi caps gave more than 20 percent annualised return in past 5 years
What do you do when you plan to invest in a mutual fund scheme and not sure which one is worth investing into? More often
What is a green lease? A guide for Mumbai tenants and landlords
I am a 29-year-old IT professional looking to rent a home in Mumbai from a 55-year-old. What is a green lease and what are its
Credit card annual fees: Should you avoid them or embrace them?
An annual fee is a yearly cost that credit card companies charge simply for the privilege of issuing a card. This fee is automatically charged
More Americans shift money from checking and savings to accounts with investment income, study says
New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a
Opening a demat account is a pain for NRIs. Zerodha and others are trying to simplify it.
How iron out such issues, Zerodha and Angel One have been working with Rupeeflo, a Bengaluru startup. Other brokers are also looking for ways to
I’m a senior citizen who earns income from interest and capital gains. How do I calculate my tax?
I’m a retired senior citizen. My income comprises ₹2 lakh from bank interest, ₹1.5 lakh of short-term capital gains and ₹2.2 lakh of long-term capital
TDS refund rules to be made simpler under Income Tax Bill 2025? Here’s what we know
Taxpayers often have to file income tax returns just so to claim a refund for having tax deducted at source for various reasons even when
₹1 crore savings and life is set? It is high time to relook at your age old middle class dream
“Ek crore ho gaya toh life set hai” — This sentence has echoed across drawing rooms, chai stalls, the LIC agent brochures for decades and
India’s rich don’t seem to be saving enough. Here’s why it makes perfect sense.
The numbers are striking: 43% of India’s high-net-worth individuals (HNIs) save less than 20% of their post-tax income, and a significant portion don’t have sufficient
No tax in NOIDA? CBDT gives THIS exemption under Income Tax Act — what it means for residents, businesses
New Okhla Industrial Development Authority (NOIDA) will not be required to pay income tax, after a major exemption under Section 10 (46A) of the Income
Does insurance cover weight-loss injections or bariatric surgery?
With obesity reaching epidemic levels in India and medical science introducing new treatments like weight-loss injections (Ozempic and Saxenda) and bariatric surgery, many people ask:
Booked the wrong flight? You can cancel or amend it for free
“You can cancel or amend the ticket without any additional charges, within 24 hours of booking. This facility is available up to seven days prior
Will your SIPs and EPF get you to ₹10 crore in 15 years?
I’ve been investing in mutual funds through SIPs and some lump sum amounts. Currently, my mutual fund portfolio is worth ₹31 lakh. I contribute ₹62,000
Fraudster used loan lending app to extort money — Here’s how you can stay safe
One cybercriminal was arrested in Pune for targeting hundreds of individuals who had taken small loans through various mobile applications, Indian Express reported. The case
Home Insurance: What it covers, how much it costs — All you need to know
With extreme weather events such as heavy rainfall that causes flooding becoming frequent now, home insurance is a safety net that you can rely on
How to distribute assets after grandfather’s passing
I am a professional living in Hyderabad. We recently lost our grandfather at the age of 84 years. He was a moderately wealthy man. We
Unlimited health insurance is now a reality. But can insurers make it work?
So when a friend mentioned Acko General Insurance’s unlimited sum insured (SI) plan last year, Mahajan took notice. “I was looking for decent health coverage
Filing Income Tax Return? Fake exemptions and deductions could get you into trouble, warns I-T dept amid crackdown
Individuals filing their Income Tax Returns (ITR) should now be more aware and careful after the Income Tax Department on Monday, 14 July 2025, conducted
Are shares transferred to an HUF by members eligible for tax benefits?
I have two questions regarding taxation of assets transferred to an HUF. 1) Will tax benefits like cost carryover, LTCG exemption, etc. be applicable on
Income Tax Return: IT refunds jump 474% to ₹4.77 lakh crore in last 11 years — Details here
Income Tax Return: India’s Income Tax Refunds witnessed a nearly fivefold or 474% jump in the last 11 years to ₹4.77 lakh crore in 2024-25
Should you buy a car or rent it: What is best for you in 2025?
Owning a car was once a default choice. But, for today’s urban professional, the decision is driven by more than aspiration. With rising fuel prices,
8th Pay Commission: When will govt employees and pensioners receive the hike? Details here
The Union Cabinet gave the nod to form the 8th Pay Commission earlier this year to revise the salaries of central government employees and retirees.
Is Superman the new Warren Buffett? James Gunn’s movie is surprisingly full of money lessons
After watching the weight-of-the-world-on-my-shoulder depiction of Superman by Henry Cavill, fans had taken refuge in the old and still excellent animation shows and corny movies
8th Pay Commission: What does fitment factor mean and how does it impact your salary? EXPLAINED
Prime Minister Narendra Modi-led Union Cabinet approved the constitution of the 8th Pay Commission to revise the salaries of central government employees, Union Minister Piyush
Income Tax: ITR-1 or ITR-2? Which one should you choose when filing returns? Eligibility, differences and more explained
Selecting the right ITR form is essential when filing income tax returns. Filing your return using the wrong form can lead to rejection by the
As silver’s industrial use grows, investors are piling in. Should you?
Over the past 20 years, gold prices have shot up 1,200% from ₹7,638 per 10 gm in 2005 to more than ₹1 lakh as of
Your Questions Answered: How is capital gains tax calculated when I sell my plot of land?
Q. I am selling a plot of land. How will the capital gains be taxed? How can I save capital gains tax? The profit on
My income is irregular. How can I structure my finances and meet my money goals?
I’m a 42-year-old woman who runs a boutique design studio in Bengaluru. My income is irregular—it depends on projects—but I average around ₹1.5–2 lakh a
How can NRIs secure their estate across India and UAE?
Query: I am Brijesh, a 57-year-old non-resident Indian (NRI) living in Dubai, with my family residing in India. How should I plan my estate in
PPF interest: How much will Public Provident Fund fetch you in July-September quarter? Check latest rate here
PPF interest: The government-backed Public Provident Fund (PPF) is widely known for offering assured returns, making it a preferred choice among conservative investors. The Ministry
How to use credit cards smartly to earn rewards on UPI transactions
Thanks to a move by the Reserve Bank of India (RBI) in 2022, you can link RuPay credit cards to the Unified Payments Interface (UPI)
For regular income in retirement, you can’t beat debt mutual funds
Ojas is in sales and has been a top performer for most of his illustrious career, which is coming to a close. He has some
Can I buy a group health insurance cover for my retired employees?
Can I buy a group health cover for my retired employees? Would pre-existing diseases be covered immediately? How would the payment process work? Many of
Flawed reporting rules kindle reassessment fears
In India, it is common practice to have all assets and investments, and even bank accounts, in joint names with a spouse or child. This
Punjab National Bank slashes MCLR by 5 bps to ease borrowing costs
Punjab National Bank (PNB) has stated that it is reducing its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points (bps) on
Bank of Baroda waives off minimum account balance charges on savings bank accounts. What does this mean?
Bank of Baroda has waived off minimum account balance charges from July 1, 2025. However, the bank will continue to levy charges on its premium
SEBI Jane Street scandal: How retail investors can protect themselves – 5 key insights
The Securities and Exchange Board of India (SEBI) has recently cracked down on Jane Street, a US based trading giant. The crackdown is to do
Income Tax Filing: IT Dept launches ‘TAXASSIST’ to help with queries and notices | Here is how it works
Months ahead of the 15 September 2025 deadline for filing income tax returns for FY 2024–25, the Income Tax Department has launched a support service
Balanced fund or equity fund? Which is better during the bull run?
I have been investing ₹2,000 a month in a mix of equity funds. I am now planning to invest in balanced funds also. However, my
DSP MF breaks new ground with India’s first retail offshore fund from GIFT City
DSP Mutual Fund’s new Global Equity Fund, launched on 2 June, allows Indian residents to invest as little as $5,000 in a diversified basket of
Customers celebrate! After PNB, Indian Bank to waive minimum balance charges for all savings accounts from July 7
A day after Punjab National Bank announced a similar move, Indian Bank has now said that it is waiving minimum balance requirments across Savings Bank
Key rulings that clarify grey areas in Sections 54 and 54F
Understanding the nuances of these provisions is essential, particularly in light of recent amendments and judicial rulings that continue to shape their interpretation. The core
Thinking of loan settlement? Here’s how it can damage your credit score and future borrowing
When facing financial difficulties, repaying a loan on time can become challenging. In such situations, borrowers often consider loan settlement as an option. While settling
SBI job rejection over poor credit score: Madras HC ruling stresses financial discipline for banking, finance careers
A recent Madras High Court ruling has upheld State Bank of India (SBI)’s decision to revoke a job offer over poor credit history. The verdict
Why Indian investors must think beyond borders
At the Mint Horizons session in Pune, experts urged Indian investors to move beyond home-market bias and adopt a more globally diversified approach. The event
Small savings schemes: Govt announces interest rates for PPF, NSC for July-September quarter of FY26; check details
Small savings schemes: The Ministry of Finance on Monday, 30 June 2025, kept the interest rates for multiple small savings schemes, including PPF and NSC,
Income Tax: File your ITR and pay tax on e-pay portal via THESE 31 banks. A step-by-step guide
As the last date to file income tax return (ITR) on Sept 15 looms closer, taxpayers can file their tax returns using ITR-1 or ITR-4.
Running a family business with loans or gifts? Know the tax rules
I have two questions regarding laws around investments, business and loans applicable to an HUF: a) can money be lent to an HUF and the
Insurance Awareness Day: Experts say its time to simplify and educate to improve health insurance penetration
New Delhi [India], June 28 (ANI): On the occasion of Insurance Awareness Day, several insurance providers and experts in an exclusive conversation with ANI shared
Aadhaar-PAN, Tatkal tickets, UPI chargeback & more: New money rules in July 2025 you need to know
Money rule changes from July 2025: A set of financial rules will be implemented from July 2025 onwards, which is likely to affect individuals and
How to improve your credit score fast in just 12 months — step-by-step guide for 2025
Credit score is quite pertinent for borrowers as lenders take a decision of loan approval based on it. Those borrowers whose credit score is poor
Guide for NRIs for filing FY25 income tax returns
With the ITR deadline for FY25 (AY26) set for 15 September 2025, NRIs should begin preparing well in advance. Mint spoke to tax experts to
India’s younger generation is bringing clarity to family wealth planning
What followed wasn’t confrontation, but a thoughtful and emotional exchange about fairness, clarity, and the fear of future misunderstandings. That single conversation marked the beginning
How is credit score different from credit report? An explainer
If you are looking to borrow a loan and apply for the same with a bank or NBFC or fintech app, it is vital to
ITR: How to spot and fix mismatches in Form 16 and Form 26AS before filing your tax return
ITR: For salaried individuals, Form 16 is a crucial document for filing the income tax return (ITR). As per the regulations, employers must file their
When should you refinance your home loan?
I took out a ₹38 lakh home loan at 9.25% interest in 2022. With rates softening slightly, I’m considering refinancing. However, I also have a
Will an Indian beneficiary of a foreign trust face tax liability here?
I am an Indian citizen living in Dubai and own an immovable property in the US. Since the property is in the US, I want
ITR filing deadline extended to Sept 15: Will there be penalty if you file return after July 31?
The Income Tax (I-T) department has already extended the due date to file income tax return for FY 2024-25 from July 31, 2025, to September
War or peace! These mutual fund categories help investors create long term wealth
When fear over India-Pakistan conflict has dissipated, there is a new war in Iran that started Sunday, while Russia-Ukraine war has been going on for
Top 3 travel credit cards to earn free flights and hotel stays
“It depends on both the spending volume and the categories—whether it’s discretionary spends like travel and shopping, or recurring expenses of utilities, groceries and fuel,”
RBI’s rate cut may not bring immediate EMI relief for all borrowers
The actual transmission, whether faster, slower, or none at all, will depend on multiple factors, including the type of loan, when it was taken, the
Probability of inquiry from tax dept could be higher in old tax regime, says Preeti Sharma of BDO India
Income Tax (I-T) department has released online utilities for ITR-1 and ITR-4 but not yet for ITR-2 and ITR-3. As soon as they are released,
Income Tax: Can I claim relief under Section 89(1) without a break-up of salary arrears?
Q. My company has been going through some financial problems and have been paying me a salary irregularly (less than net every month) since the
Wes Anderson’s ‘The Phoenician Scheme’ and Aamir Khan’s ‘Sitare Zameen Par’ — Hidden money lessons
Both Wes Anderson and Aamir Khan have a fan following that is set in their ways. Fans gave Aamir Khan a label ‘Mr. Perfectionist’. Makes
Public sector bank FD interest rates: Which bank offers the best returns?
Public sector bank fixed deposits (FDs) still remain a popular choice among investors who aspire to prioritise safety along with stability of returns. Given private
Retirement planning: Is this advisable to invest in solution-oriented mutual funds?
If you want to save for your retirement, it is feasible as well as advisable to invest in mutual funds across categories. Equity mutual funds
How to link Aadhaar to IRCTC account for booking train Tatkal tickets from July 1? A step-by-step guide
From July 1, train passengers will not be able to book their train tickets without getting aadhaar authentication. A railway circular dated June 10 said
ECS/NACH return charges: Meaning, penalties and how to avoid them
In the nation’s rapidly evolving and digitising financial landscape, automated payment systems such as Electronic Clearing Service (ECS) and National Automated Clearing House (NACH) have
Invested in crypto? Report it in your income tax return as taxmen ‘nudge’ investors
The Income Tax Department (ITD) has sent a communication to thousands of individuals who have undertaken cryptocurrency transactions but failed to reflect this income in
How to choose the right home insurance plan
I’m 45 and have just moved into my first apartment in Mumbai. I’ve invested a lot in furnishing it with premium appliances, and I also
Chase Sapphire Reserve Credit Card gets a huge facelift: Benefits, annual fees, how to get it
Chase Sapphire Reserve Credit Card: America’s largest credit card issuer Chase announced major changes to its Chase Sapphire Reserve card on Tuesday. Popular among credit
Now, you can transfer mutual fund units held outside demat to others. Here’s how
Until recently, mutual fund units could only be transferred between parties if held in dematerialized (demat) form. But with the latest changes, unitholders in non-demat
Top 4 children’s mutual funds that delivered over 20 per cent annual return. Check list
Best mutual funds: Wealth creation includes saving money for long term financial goals such as buying a dream house, retirement and children’s education. There are
Here’s how to navigate complex TDS rules for online ads, software subscriptions and e-commerce sales
Big marketplaces such as Facebook and Google demand full payment upfront for running ads, without any deductions. This is contrary to the very definition of
Indians must adapt FIRE to indigenous needs
Based on the principles of disciplined saving, strategic investing and mindful spending, FIRE tactics seek to prepare individuals to retire 10, 20, even 30 years
What are the tax rules for my children’s Indian bank interest if they live abroad?
One of my kid is living and working in Luxembourg (permanent resident) and the second one is in the USA (Green Card holder). Both of
Income Tax: Advance tax first instalment is due by June 15. Check if you are liable to pay
The Income Tax (I-T) department has shared a post reminding taxpayers that the last date to pay the first instalment of advance tax for financial
Should you invest in mutual funds to create corpus for your child’s higher education?
If you have a young son or a daughter, investing for their higher education is a no brainer. Some tend to invest in PPF, whereas
Air India plane crash: LIC, Bajaj Allianz simplify norms for claim settlement process for victims
India’s top insurers, including LIC and Bajaj Allianz, have announced that they have eased their claim settlement process for the victims of the Air India
8th Pay Commission: What to expect? Will salary hike miss January 2026 timeline? What we know about Pay Band this time
8th Pay Commission News: Around 1 crore central government employees and pensioners are eagerly waiting for the Terms of Reference (ToR) for the 8th Pay
The two-minute investment rule that can transform your finances
The logic is elegant, the time spent writing it down, remembering it, and eventually doing it far exceeds the time needed to complete the task
ITR 2025: These rules govern the switching of income tax regime from new to old
Since the new tax regime is the default tax regime, filing income tax return (ITR) under the old regime would require you to switch from
India’s elite is embracing overseas investments to unlock global wealth
The Liberalised Remittance Scheme (LRS), AIF (Alternative Investment Fund) structures at GIFT City, and the concept of accredited investors are all opening new doors for
Income Tax: Senior citizens are entitled to claim THESE benefits
ITR 2025: As income tax (I-T) return filing season is back, taxpayers are busy arranging documents to be able to file their income tax (I-T)
Planning retirement without kids? Here’s how to make the most of it
The Dink lifestyle is often associated with freedom–freedom from parental responsibilities, from stress, and sleepless nights. But beyond these preferences, there’s a financial case, especially
The HUF tax hack everyone’s talking about—but few understand
Social media may hype Hindu Undivided Families as a no-brainer for tax savings. The truth? They’re powerful—but only if used right.
Income tax calculator: This is how you can use it to compute your tax liability
As a taxpayer, it is recommended to use an income tax (I-T) calculator to ascertain your tax liability. However, before you use income tax calculator,
Should you lock your FD before banks cut their interest rates? These 6 lenders offer highest rates on fixed deposits
With repo rate declining to 5.50 percent after RBI’s monetary policy committee (MPC) cut the repo rate for the third consecutive time on June 6,
The ONDC mutual fund pipeline has arrived. Will it take over the industry?
Cybrilla, which has a license from Sebi as a Registrar and Transfer Agent, has built a system where the distributor and mutual fund can directly
Swiggy off, Netflix paused: How to have the best weekend without spending a dime?
Picture this: It’s Friday evening. Your friends are pinging you with dinner plans, your Insta feed is full of people checking into hill stations or
Safe-haven appeal? Gold down 3% from ₹1-lakh mark: How to sell physical gold and book profit?
₹The surging prices of gold has increased the investment bet for traders over the safe-haven appeal. Gold is seen as an asset, not just for
Foreign income or stocks? Learn how to reporting, taxes & more
Employee Stock Options (ESOPs) and Restricted Stock Units (RSUs) issued by foreign companies have increasingly become part of compensation packages for Indian professionals. Yet, navigating
Why the tax department needs to fix its Traces portal
The income tax department has been tracking individuals who failed to comply with these TDS rules. Taxpayers who claimed HRA exemption while paying rent above
Third-party motor insurance premiums could rise by up to 25%, govt review underway: Report
The Ministry of Road Transport and Highways (MoRTH) is actively reviewing a proposal to increase Motor Third Party (TP) insurance premiums, following recommendations from the
Credit card email update: A step-by-step guide to change your registered email
In response to rising customer demand for digital flexibility and ease in communication, banks in India along with other financial institutions have simplified the process
Investment word of the day: Gilt funds — what are they and who should invest in them?
Investment word of the day: Whether you’re new to investing or an experienced investor looking to diversify your portfolio, choosing the right type of securities
Why wealth management shouldn’t be reserved for the rich
But why should that be the case? Why has such an important pillar of financial management remained out of reach for the average person? To
SIPs or child insurance: What’s best for building an education corpus?
I want to build a corpus of ₹20 lakh in about 12 years for my child’s higher education. I’ve been considering child insurance plans as
Aditya Birla Sun Life Balanced Advantage Fund review 2025: Updated insights for investors
As retail investors in the country look for stability amid the ongoing market volatility in June 2025, the Aditya Birla Sun Life Balanced Advantage Fund
THESE two state lenders revise their FD interest rates. Check the latest rates here
With effect from June 1, 2025, two state lenders – Punjab National Bank and Canara Bank has revised their interest rates on fixed deposits. Punjab
Your EPF makes you eligible for ₹7 lakh life insurance. Here’s what you need to know
Do you contribute a part of your salary to the Employees Provident Fund (EPF)? If yes, you are eligible for life insurance up to ₹7
How does the ownership and succession of HUF assets work?
HUF and HUF assets are two different concepts, as it is not necessary for an HUF to own assets. An HUF may exist because there
What’s driving the shift in his personal portfolio?
Rajeev Thakkar, chief investment officer of PPFAS Mutual Fund (Parag Parikh Financial Advisory Services), oversees assets exceeding ₹1 trillion. Thakkar, 52, has built a solid