There are numerous potential reasons why a credit card application can be rejected, and the applicant is left confused. Knowing the reasons in advance can
Category: Finance
Best Mutual funds: Investment in these flexi caps jumped over 3 times in 10 years
Before investing in a mutual fund, investors tend to view the past returns. If a scheme has performed consistently well over a long period –
Mutual funds: Why are investors stopping their SIPs? Experts say this
Despite an increase in systematic investment plan (SIPs) contributions, the stoppage ratio of SIPs, which stood at 52.3 per cent last year, has spiked to
SEBI unveils MITRA to reconnect inactive mutual fund folios—Full details inside
The Securities and Exchange Board of India (SEBI) has launched MITRA to help investors track inactive mutual fund folios, ensuring KYC compliance and reducing fraud
Is ELSS still a good investment without deduction offered under the New Tax Regime?
In 2023, new tax regime became a default regime which means the taxpayers must opt out of the new tax regime to be able to
Best Mutual Funds: These 6 dynamic asset allocation funds gave over 12% annualised return in past 3 years
Before you start investing in a mutual fund scheme, it is quite normal to look at its past returns. This gives a fair idea of
New Income Tax Bill: Taxpayers can find the relevant provision through section-wise mapping utility. Check here
The income tax department has launched the utility to enable taxpayers to check the relevant provision of the new income tax Bill. The new income
FD interest rates: These 6 banks offer highest rates on their long duration fixed deposits
As Reserve Bank of India (RBI) slashed repo rate by 25 basis points after a five-year gap, banks are likely to follow suit. Therefore, it
Here’s some investment advice – take expert opinions with a pinch of salt
The first involves doing your homework (reading company reports, analysing mutual funds, keeping tabs on the economy) before deciding which stocks or funds to invest
Fisheries Loan: Pradhan Mantri Matsya Sampada Yojana—Eligibility and benefits explained
The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is an initiative of the Department of Fisheries for ensuring sustainable and inclusive growth of the fisheries sector
New Income Tax Bill mandates sharing ’access codes’ with tax officials during search and seizure, says Report
New Income Tax Bill: Finance Minister Nirmala Sitharaman tabled the long-awaited bill for the new tax code in the Lok Sabha on Thursday, February 13.
What happens to inactive credit cards? How they affect your credit score
Having a credit card kept away, unused, might easily seem harmless, but it can still have surprising consequences for your credit health. Here’s what credit
Finance Minister Nirmala Sitharaman to introduce Income-Tax Bill 2025 in Lok Sabha on February 13
Finance Minister Nirmala Sitharaman will introduce the new Income-Tax Bill 2025 in the Lok Sabha on February 13. The Bill aims to consolidate and amend
50 Million Strong: Paisabazaar’s free credit score service reshapes India’s credit market
According to Paisabazaar’s, its free credit score service has been utilized by more than 50 million users. Since its 2017 inception this program has transformed
India’s dividend-disclosure dilemma: Meaningful reform or tokenism?
Dividends are more than just a share of profits—they reflect a company’s commitment to shareholders and its approach to governance. Yet, balancing investor payouts with
UPI transactions: These new rules will come into force from Feb 15. Check details
National Payments Corporation of India (NPCI) has issued fresh instructions with regards to UPI transactions relating to auto acceptance and rejection of chargebacks basis the
What will be your EMI on ₹10-lakh personal loan? Check calculation here
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Apple Watch scheme: HDFC Ergo claims step-count data manipulated; participants unsure about cashback
After a backlash on social media over HDFC Ergo walking back on its promise to return cash to customers who bought Apple Watches under its
Can my wife add unclaimed interest on home loan that I paid to cost of acquisition?
We are going to sell a house in my wife’s name. My wife and I had a joint home loan on the house which I
Last chance to book fixed deposits (FDs) at these interest rates: Check latest rates offered by top 7 banks
As Reserve Bank of India (RBI) has cut down repo rate by 50 basis points on Friday, triggering a rate cut cycle. Now, there is
Long-term capital gains: How tax on the sale of an inherited property is computed?
Three sisters inherited one piece of land in 2003, but it was partitioned among the sisters in 2010. For the indexed cost of the purchase
How would 25 bps RBI rate cut reduce monthly home loan EMI and tenure? EXPLAINED
The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday, February 8, decided unanimously to reduce the policy rate by 25 basis points to
RBI rate-cutting cycle begins; are personal loan interest rates headed for fall?
With the Reserve Bank of India (RBI) slashing the repo rate by 25 basis points to 6.25 per cent, interest rates on fresh loans are
Last chance to lock fixed deposits at the current interest rates as RBI kicks off rate cut cycle; check latest rates
As the Reserve Bank of India’s (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of
New tax regime: Deductions and exemptions explained
While the new tax regime trims down the deductions and exemptions available to taxpayers, it still offers several strategic benefits that can lighten the load
Credit Worthiness: What is its role in credit score and personal loan applications? Find out
Whenever an individual applies for a credit product like a loan or a credit card, the bank evaluates whether they can approve or reject the
Mutual Funds: Why ’watching the pot’ is hurting your returns—And your sanity
In today’s fast-paced, information-driven world, it’s easy to get obsessed with monitoring the performance of your mutual fund every single day. With apps and websites
What is a soft and hard inquiry and how does it affect your credit score?
To build and maintain a good credit score, you must access your credit report and score and monitor it regularly. Similarly, when you apply for
Personal loan: How to use EMI calculator to change your monthly instalment
When you take out a personal loan, one of the most important considerations is to check the monthly instalment to pay off your debt. In
How to foreclose an Axis Bank personal loan? Complete process explained
It can be a smart financial decision to repay a personal loan early for saving interest costs and obtaining the independence of debt earlier. Here
What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption
In the Union Budget 2025, Finance Minister Nirmala Sitharaman mentioned that the ‘nil income tax’ slab would be raised to ₹12 lakh; however, it is
How to close your Kotak Mahindra Bank credit card? A step-by-step guide
Credit cards can enhance your lifestyle by offering rewards, cashbacks, and exclusive deals on travel, entertainment, and everyday purchases. However, if not managed wisely, they
Redeeming equity funds? Here’s how to track gains before withdrawal
I want to redeem equity mutual funds this financial year but keep gains under ₹1.25 lakh to avoid capital gains tax. How can I check
Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta
Budget 2025 has moved in a path that at once caters to the immediate requirements of the economy, while continuing on the path to investing
Budget 2025: Was this a death knell for the old tax regime?
Budget 2025: Union Finance Minister Nirmala Sitharaman announced the revision of tax slabs for taxpayers under the new tax regime. This has, undoubtedly, made the
Taxpayer benefits in Budget 2025: New income tax slabs and key rebate adjustments
Union Finance Minister Nirmala Sitharaman delivered her 8th consecutive Union Budget today, February 1, 2025, at 11 am. The Budget aims to provide significant benefits
Shahid Kapoor’s Deva: Behind the flash, the real money lessons you need
The movie has more flash, more swagger than the dark Malayalam version where Prithviraj looks like he’s truly haunted by his loss of memory, and
Is a credit card the same as an ATM card? Know the key differences
Credit cards and ATM cards are very similar in appearance since they are both plastic cards that can be used to make financial transactions. They
Can You Transfer Mutual Funds? Discover the Surprising Offline Method Hidden in Plain Sight!
Are you looking to gift Mutual Fund units to your loved ones or simply consolidate your investments rejigging holdings between different accounts? Did you know
Want to convert big credit card transactions into EMIs? Here’s how to do it in easy steps
Have you run up a huge credit card bill? Finding it tough to make the bulk payment in a single stroke? Converting some of your
Mutual Funds: These 7 large-cap funds gave high returns in the past 10 years. Do you own any?
While the stock market is extremely volatile, some conservative investors are contemplating investing in mutual funds, thereby outsourcing their investing decisions to the experts. If
Budget 2025: Ex-Infosys CFO Mohandas Pai seeks income tax slab rethink, says ‘middle class upset due to tax terrorism’
Former Infosys CFO TV Mohandas Pai highlighted the growing burden on the middle class due to rising inflation, increasing EMIs, and escalating education costs. In
What legal steps can be taken if someone challenges a will?
What legal steps can my family take if someone challenges my will? -Name withheld on request Drafting a will is a time-tested and widely used
Personal loan: How can you use an EMI calculator to lower your instalment?
If you are planning to raise a personal loan and find the current monthly instalment too high for your comfort, you can work towards reducing
Income tax calculator: Find out which tax regime suits you better — New or Old
Income tax calculator: The new tax regime became a default tax regime in FY 2023, which means taxpayers are meant to pay income tax based
Credit cards: What is 45-day interest-free period and how to make the most of it?
If you have just started using a credit card, it is understandable to be tempted to use it for a range of expenses. And as
UK’s top 100 taxpayers revealed: No.1 on the list is not Ed Sheeran or JK Rowling, it is someone known to Rishi Sunak
The United Kingdom’s (UK) top 100 taxpayers list revealed that the number one taxpayer in the country is not amongst the top celebrities like Ed
SBI Patrons: Special FD scheme for super senior citizens explained. Check interest, eligibility, types & more
Fixed deposits (FDs) for super senior citizens are designed to provide steady income at a higher interest rate compared to regular FDs. Several banks provide
Top 6 banks charge THESE interest rates on personal loans in January 2025
If you are planning to take out a personal loan, it is recommended that you compare the interest rates charged by different banks so that
Can a 30% flat deduction bring taxpayers back to long-term investments, insurance?
When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. However, the simplified tax regime
SBI Credit Cards: How can you activate your online and contactless transactions?
Getting a credit card is only the first step in your journey to using it. You also need to get the card activated for carrying out online
Personal loan approval with a low credit score: Key tips and strategies
In the modern world, taking a personal loan may be the only option to overcome urgent financial obligations. If your credit score is low, then
Demand remains soft, Budget needs to leave more money in hands ofconsumers: Pidilite MD Designate
New Delhi, Jan 23 (PTI) Overall demand continues to remain soft as inflation of food, educational and telecom expenses put pressure on disposable income of
Nithin Kamath raises alarm on rising debt from personal loans & credit cards: How to use them wisely? Check few tips
Zerodha co-founder Nithin Kamath has highlighted the trend of rising credit card and personal loan borrowings in the country as well as the growing debt
Budget 2025 wishlist: Parity between debt and equity taxation
There was a hue and cry after the Union Budget 2024-25 as the Centre increased the long-term capital gains (LTCG) tax on equity from 10%
What is an instant credit card? Key features explained
Are you contemplating applying for a credit card and worried over the delay that the banks take in issuing it? Well, there is an alternative
Estate planning in India and how to ensure a smooth transition
How do I plan the smooth transition and safety of the estate that I have accumulated over my lifetime? -Name withheld on request The initial
PM Vidyalaxmi education loan scheme: Key features, eligibility, and application process explained
For any student aspiring to pursue higher education, having a good score is crucial to getting admission to any good institution. Apart from good scores,
IDFC FIRST Bank launches FD-backed RuPay Credit Card for the first time users
IDFC FIRST Bank, in partnership with RuPay, has announced the launch of the UPI-enabled FD-backed secured credit card. Known as FIRST EARN, it is backed
5 simple hacks to supercharge your credit card rewards today
Credit cards are now an integral part of modern money management, as they offer not only security and convenience but also opportunities to save cash
Your guide to investing in the US and global stocks through the Liberalized Remittance Scheme
Investing in US stocks allows Indian investors to own a slice of the world’s most influential companies, while global exchange-traded funds (ETFs) provide an avenue
Santosh Kamath of Franklin Templeton MF is back with a new credit alternative investment fund
Kamath stepped down as head of fixed income of the mutual fund segment in 2023 to head the newly set-up alternatives business. According to a
New EPFO feature! Members can change personal details without employer approval
Employees’ Provident Fund Organisation (EPFO) has launched a new feature for its members as employees can now change personal details like their name and date
Provident fund transfer: EPFO relaxes norms, no need to route PF switch through present, former employers| Details
The Employees Provident Fund Organisation (EPFO) has done away with the current requirement for employees to submit online transfer claims to previous and present employers,
Mint BFSI Summit | HDFC Pension’s Sriram Iyer busts five NPS myths
Although Indians are increasingly adopting financial assets like stocks and mutual funds, they still have to go a long way in terms of prudent retirement
This farmer lost money on F&O trading and now faces a ₹69 crore tax demand
The protagonist, a farmer from a small town near Bengaluru, is now facing a staggering ₹69 crore tax demand. The man did not wish to
How Sebi’s revamped nominee rules support families of the incapacitated
To address such scenarios, the Securities and Exchange Board of India (Sebi) has rolled out revamped rules that allow nominees to manage the accounts of
How to get a 2 lakh loan using your Aadhaar card in 2025? A step-by-step guide
Personal loans offer flexible repayment tenures and quick loan disbursement which is a great option if you are looking for urgent funds to cover your
Capital gains tax: Adding unclaimed loan interest to cost of acquisition
I will be adding unclaimed interest on my home loan to the cost of acquisition. Should I add indexed cost or absolute cost of unclaimed
Personal Loan: Is your bank harassing you? You can file a complaint to the RBI. Check details
Did you borrow money from a bank but now realise that you got a rough deal from it? You have realised that there are too
What home-loan borrowers hope to see in the Budget 2025
The importance of the housing sector to India’s gross domestic product (GDP) cannot be overstated. The major employment generator is expected to contribute 13% to
EMI Credit Cards: How do they simplify your shopping experience?
Are you a shopaholic looking for not just the best deals in the market but also make shopping light on your wallet? If that is
Personal loan EMI: Now you can switch from floating interest rate to fixed as RBI clarifies norms
The Reserve Bank of India (RBI) recently released a set of Frequently Asked Questions (FAQs) regarding a circular on resetting floating interest rates on Equated
Credit cards: 3 Kotak Mahindra Bank cards offer discounts, reward points on shopping
If you are a shopaholic, it is recommended to consider credit card(s) which offer discounts on shopping, reward points that can be monetised, and the annual
Remote worker or a retiree? Thailand has long-term residency options for you
Thailand recently launched two residency programmes that are gradually gaining popularity: the remote work visa and the wealthy pensioner visa for retirees. Here is a
Are you a senior citizen? Don’t miss out on these special fixed deposit (FD) schemes by SBI, IDBI, Indian Bank & others.
Investors who want a reliable, consistent, long-term return on investments typically opt for a fixed deposit (FD). It allows you to deposit a lump sum
High-interest rate fixed deposits for super senior citizens: SBI vs PNB vs Union Bank of India vs RBL vs Indian Bank
High-interest rate fixed deposits for super senior citizens: Super senior citizens (aged 80 and above) can earn significantly higher returns on their fixed deposits (FDs)
HDFC Bank revises fixed deposit (FD) interest rates: A comparison with SBI, Axis, and Punjab National Bank
India’s biggest private lender, HDFC Bank, has revised fixed deposit (FD) interest rates for both senior citizens and the general public. For deposits in the
How to apply for education loan: From eligibility to benefits, all you need to know
Tuition, living expenses and other fees rank among the many high costs associated with higher education. Education loans are an effective means for students to
Want to be a financial advisor? Here’s how
For those ready to step into this challenging but rewarding field, there are three key paths: obtaining a Mutual Fund Distributor (MFD) licence, registering as
How to use credit card for UPI payments? A step-by-step guide
Unified Payments Interface (UPI) transactions hit a record high of 16.73 billion in December 2024, a rise of 8 per cent from November data with
Personal loan: EMI calculator helps you streamline your finances; check how
Are you planning to raise a personal loan and struggling to streamline your finances at the same time? Are you unsure as to how much
Want to improve your credit score? Holding more than one credit card may help
Do you hold a credit card and plan to procure one more amid some confusion and doubts? If that is the case, then it is
India’s uber-rich go well beyond the will
Preserving family wealth and ensuring business continuity across generations is intricate and involves legal, financial, and strategic considerations. Recent survey insights reveal a growing appreciation
Unlocking value: These 6 mutual funds offered over 15% annual returns in last 10 years; should you invest?
Prior to investing in a mutual fund, investors are advised to evaluate the performance of different schemes in the same category to gauge their historical
HDFC Bank Personal Loan vs Bike Loan: Which is better for your needs?
Loans are a convenient way of getting financial assistance if you are in an emergency and need quick cash or if you want to buy
How 16.73 billion UPI transactions killed the ubiquitous toffee business
India’s Unified Payments Interface (UPI) transactions rose to 16.73 billion for the month of December 2024, according to data collected from the National Payments Corporation
Personal loans: Impact of rate cuts on different types of loans – An explainer
Early this year, the Reserve Bank of India (RBI) is expected to cut down benchmark interest rates (or repo rate). This is also known as
What is the process to merge two EPF UANs?
I worked with two different establishments from 2011 to 2015 and 2015 to 2016, respectively, for which I was assigned two different UANs and PF
New UPI features to use in 2025: UPI One World wallet, payment delegation, foreign travel, link WhatsApp &more
UPI payments have become one of the most preferred modes of payment in recent times. With its rising popularity, many features have been added to
Best Mutual Funds: These are the top small-cap MFs to invest in 2025. Do you own any?
Best Mutual Funds: While Indian stock markets remain bullish, analysts point to small-cap mutual funds (MFs) as appealing investment possibilities. Some of these funds have
Income tax slab: 5 key changes in the new tax regime every taxpayer must know before filing ITR 2025
Income tax slab: In Budget 2024, Finance Minister Sitharaman introduced key changes to the income tax slabs under the new tax regime to make them
Income Tax Return: Why opting for the old tax regime may make sense for you
If you have made investments in some tax-saving instruments but realise that you won’t be able to claim the deductions against them since you missed
Punjab National Bank announces new FD rates: Earn up to 8.05% interest. Check PNB’s latest fixed deposit details here
Punjab National Bank (PNB) has revised its fixed deposit (FD) rates and added two new tenures for deposits of less than ₹3 crore. The revised
These top 7 banks offer the best interest rates on personal loans. Check list here
If you are short of funds and need the money urgently, it is recommended to raise a personal loan. For instance, if there is a
NEFT, RTGS update: RBI introduces name lookup facility to verify beneficiaries | Know details
NEFT, RTGS update: The Reserve Bank of India (RBI) will introduce the beneficiary account name look-up facility for the Real Time Gross Settlement (RTGS) System
Filing ITR: Last 90 days to claim tax exemption via investments for fiscal year 2025. Check details here
The calendar year 2025 has begun and the financial year 2025 is set to end in three months. However, taxpayers can still invest in a
New deadline to file belated/revised ITR extended to 15 January for resident taxpayers
New Delhi [India], January 1 (ANI): The Central Board of Direct Taxes (CBDT) has extended the last date for filing belated/revised income tax returns (ITR)
Small savings schemes: Interest rates on PPF, SSY, SCSS remain unchanged for January-March quarter; Check rates
The government on Tuesday left the interest rates unchanged on various small savings schemes, including PPF and NSC, for the fourth straight quarter beginning January
RBI’s New Year Gift: 6 things you need to know about the new NBFC fixed deposit (FD) rules. Details here
RBI’s New Year Gift: Starting January 1, 2025, the banking sector will see changes, including new Reserve Bank of India (RBI) guidelines for fixed deposits
Will govt use Digiyatra data to crack down on tax evaders? Income tax department clarifies
The Income Tax (IT) Department of India, under the Ministry of Finance, issued a clarification on Monday, December 30, over concerns about news reports claiming
Money hacks that can help you achieve New Year fitness goals
But staying fit can be expensive. Here are some money hacks to enjoy a healthier lifestyle in 2025. Fitness goals Bengaluru-based Ajinkya Deshmukh, 37, who
Taxing resident Indian’s US rental income: What to watch for
Q – Should a resident Indian having rental income from the US, take the benefit of depreciation and other reliefs allowed in the US and
Mutual fund investment: Why smart investors would opt for SIPs in 2025?
Mutual fund investment: As we enter 2025, the growing preference for Systematic Investment Plans (SIPs) in the Indian mutual fund industry continues to gain momentum.
PPI interoperability: How RBI’s new UPI rule set to ease digital payments? An explainer
The Reserve Bank of India (RBI) recently allowed the users of prepaid payment instruments (PPIs) to access UPI services via third party applications. This is
The most underrated SIP hack for a bigger mutual fund corpus
Investors like to chase returns because a higher return would mean a higher corpus. But is investing in a top-performing fund the only way to
Loan insurance: What is it, and how does it impact your EMI and interest?
When raising a personal loan, lenders often urge the borrowers to opt for loan insurance. This is to make sure that any unforeseen circumstance does
CFA vs CFP: Which certification should you choose?
“Thanks to my engineering background I had a great network of working professionals with decent salaries who could invest a significant amount each month. I
Personal loan: How an impressive set of documents can lower your interest rate?
If you are planning to raise a personal loan then the bank would invariably ask you to submit several documents (unless it is a pre-approved
Investing in 2025: How often should you rebalance your portfolio?
Mumbai: It’s that time of year when people plan fresh starts. While gym memberships are part of many people’s resolutions, some take a step back
Why do Indians raise instant personal loans? From home renovation to holiday travel, here are the top 8 reasons
Raising an instant personal loan is not uncommon anymore among middle-class salaried people. Be it a financial emergency, going on a holiday or buying a
Ladki Bahin Yojana: Transfer of ₹1,500 resumes for eligible women in Maharashtra
The monthly instalments disbursements under the Ladki Bahin scheme in Maharashtra resumed on Tuesday after an interruption due to the model code of conduct. The
Mutual funds: Are flexi cap schemes the right choice for investors amid market volatility?
Thanks to the current volatility, retail investors are increasingly jittery about investing directly in the stock market. With benchmark indices already lower by 10 per
Techie paid 10,000 Bitcoins for pizza in 2010, now worth ₹8000 crore
The price of one Bitcoin is approximately ₹80 lakh today. So, if someone possesses 10,000 Bitcoin, his asset would be ₹8,000 crore in today’s scenario.
Personal loan: This EMI calculator will help you determine payments across tenures — a look at different scenarios
If you are planning to raise a personal loan, you may use a personal loan EMI calculator to ascertain the exact EMI you stand to
How freelancers can avoid hidden fees and maximise their earnings
The freelance economy in India has witnessed extraordinary growth, transforming from a niche working arrangement into a mainstream career choice. With more than 15 million
How to choose the right tenure for your rental agreement
Bhansali prefers an 11-month rental agreement as it doesn’t need to be registered. “It helps to save registration costs, as well as the hassles of
Capital gains on inherited property: Can higher fair market value than stamp duty valuation be used?
The father, a Christian, had gifted his new redeveloped flat to his two daughters and his wife, each with a 1/3rd share, by executing a
Higher Pension: Employers must submit wage details by January 2025 to get benefits
The Employees’ Provident Fund Organisation (EPFO) provides an online facility for submitting wage details by employers for pensions on higher wages. The EPFO has extended
Why this real estate broker stays on rent
NRIs don’t even benefit from indexation, which adjusts the purchase price for inflation. Buyers must deduct tax on the total sale value. However, buyers can
Personal Loan: Is moratorium a boon or a bane? Find out how it affects your EMI and interest payments
Borrowers who find it difficult to repay personal loans can explore the prospect of a moratorium, a temporary period during which they are not supposed
How to plan your retirement with a SWP
In India, healthy life expectancy at birth improved by 4.02 years from 54.1 years in 2000 to 58.1 years in 2021, according to statistics from
Axis Bank credit card rules change from December 20. From finance charges to cash payment fees, check revised rates
Axis Bank has rolled out several changes in its credit card rules, starting December 20, 2024. The changes are related to finance charges, cash payment
Personal loan: How to interpret the results of EMI calculator for smart decisions?
If you are planning to take a personal loan and still not sure about the optimum tenure and the EMI that you should opt for –
How to build a ₹5 crore retirement corpus with ₹1.5 lakh monthly salary
-Name withheld on request Firstly, it is great to hear that your cousin has successfully paid off their home loan at the age of 35
Will EPF pension be raised soon? Here are parliamentary panel’s recommendations
The Parliamentary Standing Committee on Labour recently recommended that the government raise the minimum pension, which currently stands at ₹1,000, given by the Employee Provident
Lost track of mutual fund units? Sebi moots MITRA to help investors reclaim inactive MF folios
Capital market regulator Securities and Exchange Board of India (Sebi) has proposed a platform to give relief to those investors who have lost track of
Delhi Mukhyamantri Mahila Samman Yojana: Women to get ₹1,000 a month, says CM Atishi; check eligibility, other details
Delhi Chief Minister Atishi recently announced the Mukhyamantri Mahila Samman Yojana that will provide financial aid for women. The scheme aims to provide monthly financial
UPI credit cards likely to grow massively in next 1-2 years, says Riya Bhattacharya of Rio Money
Once a user starts using a UPI credit card, it becomes a daily habit. This is why UPI payments are a huge market to tap
Costs of European residency programmes have shot up in recent years
Here’s how much costs of some of the popular European residency programmes have escalated in recent years. Portugal The cost of Portugal’s Golden Visa, which
Make your investments more tax-efficient with these debt-oriented funds
Since April 2023, fresh investments in the growth option of debt mutual funds have been taxable at the marginal income tax rate for short-term capital
ITR advance tax deadline today: Who all should pay these taxes? All you need to know
As the third installment of advance tax is due on December 15, taxpayers are reminded of the importance of adhering to this deadline to stay
ITR advance tax deadline on December 15: What is it? How to pay tax before due date? Here’s all you need to know
ITR Advance Tax: The deadline for the third instalment of advance tax is December 15, 2024. Taxpayers must pay the advance tax before the due
Income tax rule: How much cash can you receive in your bank savings account in one financial year to avoid I-T notice?
Income tax rule: Have you ever considered how much cash you can deposit and withdraw in your bank savings account in a fiscal year to
Top 4 credit cards for saving big on IRCTC railway tickets
Credit cards have become a popular choice amongst travellers as they provide great deals and exclusive discounts so that you can have a luxurious vacation
How are the profits from transferring an under-construction property before taking possession taxed?
I booked a flat for ₹80 lakh in May 2022 and paid ₹70 lakh for the instalment cost. When the building was ready for possession
Mastering the art of investing: Build a portfolio that lasts
Investing wisely doesn’t require a crystal ball or insider secrets; it thrives on time-tested principles and disciplined execution. Whether you’re building your portfolio for 2025
How you can claim deductions and save on taxes from rental income
Rent can be an additional source of income for salaried individuals who have invested in property. While real estate as an investment may have its
How can NRIs ensure their wills are valid in both India and the UK?
I am a Hindu non-resident Indian (NRI) based in the UK, living with my husband. We have no children, and the rest of our family
How can you save tax on mutual funds by forming a Hindu Undivided Family unit?
Taxes can hurt, but one can be smart about them. One of the many ways to save taxes is to create a family unit and
Where should a 66-year-old invest with a five-year horizon?
My 66-year-old aunt, who is still working at a private school, received ₹18 lakh last year from the sale of our ancestral property. She doesn’t
Income tax implications for Indian consultants with overseas earnings— Explained
I worked for more than 182 (from April to October 2024) days in Oman, so the income earned in Oman will not be taxable in
Is your credit card data safe online? Here are 5 ways to protect it
Since the rise of digital payments, protecting credit card information in transactions is much more important than before. Security risks, that include phishing, bullying, hacking
How can tenants of NRIs apply for TDS reduction?
Under what circumstances a tenant whose landlord is a non-resident Indian (NRI) can apply for a reduction in tax deducted at source (TDS) on rent
What proposed banking law amendments mean for you
The bill, passed by the Lok Sabha on 3 December, says that nominees are only custodians and safekeepers representing the beneficiaries (if there is a
Credit Cards: How do they affect your credit score and loan eligibility?
Credit cards are a great way to save smartly on your transactions and earn exclusive rewards and discounts on your favourite brands. Credit cards may
Yes Bank’s new credit card rules: How the December 2024 changes affect you
In the last few months, some banks have made changes to their credit card reward program and introduced or increased fees for some services. In
If you have more than one Universal Account Number for EPF, do this now
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7 best credit cards which offer complimentary access to airport lounges in India and abroad. List here
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₹5 crore coverage in ₹1000: Is it a scam?
One of my friends recently offered me a top-up insurance plan. The plan covers ₹5 crore sum assured sans a deductible of ₹20 lakh. This
Are instant-redemption liquid funds better than savings accounts or sweep-in FDs?
Markets regulator Sebi issued a circular on instant redemption in liquid funds in 2017, allowing investors to withdraw up to ₹50,000 or 90% of the
Credit Cards: Top 8 cashback cards for online shopping, check details here
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