Category: Finance

My father had to be hospitalized in July 2024 due to a brain stroke; he was in the ICU after surgery for a month, and then once he became stable, we transferred…

NEW DELHI : For a long time, people have been getting away with making inflated or false claims in their income tax returns (ITRs). Unless returns are picked up for post-filing scrutiny…

The latest stress test for April 2025 reveals that some small cap mutual fund schemes will take as long as 70 days to liquidate 50 percent of portfolio. Those who are not…

After all, fixed deposits yield 6-7% interest every year, and investment-grade bonds could only reach up to 10%. Tempted by the high return, Ram decided to consult his financial advisor before making…

Managing daily payments for elderly family members or dependents, long a logistical challenge for many Indian households, just got easier. The National Payments Corporation of India (NPCI) has expanded the UPI Circle…

In India a credit score is an extremely important indicator of an individual’s financial health. It influences personal loan approvals, interest rates, credit card eligibility, future loan approvals, applicable interest rates and…

NICOSIA, Cyprus (AP) — Cyprus will offer Syrian families money to help them resettle back in their homeland and allow the main income earners to remain on the island nation for up…

These can impose a heavy burden upon one of the spouses. According to lawyers that Mint spoke to, several solutions are available. While none of them is foolproof, each can reduce the…

Tax on capital gains has long led to disputes in many areas. One such area is capital gains from the sale of leasehold or tenancy rights. Selling tenancy rights is quite common…

The Income Tax (I-T) Department announced on Tuesday, May 27, that it has extended the due date to file income tax return for FY 2024-25 (AY 2025-26) from July 31, 2025, to…

Despite access to more information and better financial literacy, investors still exhibit the same emotional tendencies: fear, greed, overconfidence, herd behaviour, and loss aversion. Basic instincts Emotions override logic. Else investors would…

Financial awareness has always been low in the army and seniors hardly discussed money or investments, he added. Chauhan’s views reflect a broader pattern among defence personnel in the Army, Air Force,…

As the Indian equity markets continue their growth journey, investors in the country are revisiting the principles of value investing amid volatile equity markets and global uncertainties. Mohnish Pabrai’s iconic book, ‘The…

I used up ₹3 lakh from my emergency fund last year. I now earn ₹80,000 per month— ₹60,000 goes toward living expenses and ₹20,000 into SIPs. What’s a realistic way to rebuild…

Adjusting education portfolio Shenoy had started making investments for his son’s education goal in 2017. As mentioned, the expected goal was domestic education at the beginning. He started investing for the goal…

I have bought a residential property with my wife by taking a joint home loan. I am the only one repaying the loan. We have let out this house. The rental agreement…

The government has ratified the rate of interest on employees’ provident fund at 8.25 per cent for FY25, enabling retirement fund body EPFO to deposit the annual interest accumulation in the post-retirement…

As wedding related expenses continue to rise in the country, many couples are actively exploring financial resolutions to manage costs efficiently. ICICI Bank provides for marriage loans, to help aspirational borrowers in…

The Employees Provident Fund Organisation (EPFO) introduced several reforms in 2025 to simplify and digitise the process. Here are the five most significant changes made by EPFO this year. Digitisation of the…

Non-resident Indians (NRIs) may be living abroad but a vast majority of them continue to have financial obligations in India. An NRI credit card will be a useful tool for them to…

If you are a credit card user in India, withdrawing cash using a credit card, also known as cash advance can be a costly exercise. Given such a transaction provides immediate liquidity,…

I am a Sunni Muslim woman married to a non-Muslim man in India. We have both maintained our religious identities after marriage. We have not made a will and wish to make…

Mint gives you a handy guide on how to report capital gains from shares and equity mutual funds. Choose the right ITR form ITR-2 is the most common form for individuals and Hindu…

When a borrower approaches a bank or NBFC for a loan, the bank invariably asks for the credit score. A credit score is a three-digit score given by a credit bureau which…

In India’s rapidly evolving financial landscape, clearly understanding what lenders foresee or find out from your credit score is crucial. As a general rule, currently a credit score of 750 or above…

Consumers have started their credit journeys at a significantly younger age with each passing generation, revealed an internal analysis by Paisabazaar. This analysis was based on the data of consumers who have…

International ATM withdrawals with debit, credit, and forex cards levy a ₹150-500 fee per transaction. But the Global Forex Card, a single-currency forex card denominated only in US dollars, doesn’t charge this…

I was laid off from an MNC by way of resignation. The company offered ₹35 lakh as ex gratia, but taxed the entire amount as per the applicable tax slab rates. Is…

As income tax return (ITR) filing season is here, taxpayers will start filing their returns as soon as the excel utility is released. The tax department has already notified various tax forms…

Mission Impossible films have always had awesome villains, pretty ones like Sabine Moreau, and evil ones like Owen Davian. In this film, Esai Morales plays Gabriel – not an angel – who…

As digital transactions become immensely admired in India, numerous tenants are exploring the opportunity of paying their monthly rents through credit cards. This particular method provides several benefits such as cashbacks, reward…

Before investing in a mutual fund scheme, it is normal for investors to compare the returns delivered by one scheme and compare the same with those of others in the same category….

Burton Malkiel’s, ‘A Random Walk Down Wall Street’ remains an enduring and must read book for both seasoned investors and new investors. First published in 1973, the book provides timeless insights and…

PayU has announced that it has received the final authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007,…

Do you have a considerably poor score and want to improve it over a period of time? Before you proceed, remember that improving the score is not a short term phenomenon. It…

Employees provident fund (EPF) subscribers are entitled to withdraw their money after they quit their job. Typically, the money can be withdrawn two months after leaving the job. However, if someone is…

DCB Bank continues to provide customised personal loan solutions to help both salaried and self employed borrowers, meet their financial needs. Whether it is for medical expenses, home renovation, travel or other…

However, SBI Pension Funds has delivered the least returns among the 11 pension fund managers under the National Pension System (NPS), a government-sponsored, market-linked retirement savings scheme, across time periods.  The fund…

More Indians are using credit and debit cards than ever before, but few are aware that some cards come with various types of insurance. These include personal accidental death insurance, lost card…

Investment word of the day: If you plan to invest in mutual funds, it becomes important to understand that there are certain costs associated with them. Mutual funds levy certain operating expenses…

How can I effectively plan my father’s retirement, considering he is 57 years old and approaching retirement after a dedicated career?My parents own land valued at ₹2.5 crore (which they plan to…

On 6 May, India and the UK took a monumental step in strengthening their economic ties by finalizing a landmark free trade agreement (FTA). It’s not just a trade pact; it represents…

As we approach Mother’s Day in 2025, our thoughts naturally turn to the incredible contributions and unwavering dedication of mothers. They are the cornerstones of our families, juggling multiple responsibilities and consistently…

A dead Milind Soman still makes his presence felt… He’s left his money to Maurice. Who is Maurice? The family needs to tighten its royal belt and learn to accept responsibilities. Ishaan…

Capital markets regulator, the Securities and Exchange Board of India (Sebi), often issues warnings to unregistered investment advisers to prevent them from offering advisory services to investors. On May 8, Sebi issued…

EPFO: Are you an EPF subscriber looking to check your account details with just a missed call? You can do that easily, but first, ensure your Universal Account Number (UAN) is linked…

For three decades, I have observed the machinery of banks, insurance companies, and investment firms with growing concern. The conventional wisdom suggests that a positive, trusting attitude leads to success in life….

Across the world, Indians who once worked on home soil are finding their PF withdrawals tangled in red tape. Missed contributions. Unlinked Aadhaar numbers. Service overlaps. Whether they’re in Boston, Singapore, or…

Growing your wealth by investing is all about finding the correct balance. One of the most important, and perhaps biggest decisions is how you should divide the total corpus you wish to…

In India, personal loans are one of the easiest ways to avail funds for urgent financial needs and aspirations. Be it a medical emergency, home renovation or a wedding all such life…

A new credit card user is recommended to use the card optimally. This can happen by avoiding to make certain common mistakes which credit card users often make. These include maxing out…

Several mutual funds have filed with the Securities and Exchange Board of India for quality strategy funds. Quality strategy involves investing in companies that have strong fundamentals and robust balance sheets. It…

Permanent Account Number, or PAN, is an identification number that provides lenders with a complete image of the credit pattern. It helps monitor the monetary transactions of citizens and curbs all those…

The income tax department has now notified ITR (income tax return) forms 1, 2, 3, 4 and 5. On April 29, the department notified ITR-1 (sahaj) and ITR-4 (sugam). This was followed…

Q. I have been investing in largecap mutual funds for the past 5 years. Now, I want to invest in midcap indices, particularly in Nifty Midcap 50. Can you please elaborate on…

The FIRE movement can be a life-changer even for those who don’t plan to retire early. Rasheeda Creighton, of Richmond, Va., discovered FIRE—Financial Independence, Retire Early—at a time when she needed it:…

For numerous Indian students, securing an educational loan is a critical step towards accomplishing academic success. Still, lacking a proper credit score and a clean credit history can pose significant challenges in…

Ajay Devgn’s Amay Patnaik gave us the hero who, with his team of income tax officers, raided a powerful politician who had stashed all his ‘kala dhan’ in the form of gold…

For investors in India, maintaining a clean and accurate record of dividend income is crucial for proper financial planning and income tax compliance. To meet the same expectations HDFC Securities provides multiple…

In addition, BHIM’s UPI Circle feature continues to expand its use-cases for secure delegated payments. At the core of the app’s functioning is the Unified Payments Interface (UPI), a platform that facilitates…

If you are a frequent traveller, it is quite usual to reach an airport a few hours early where you have no choice but to wait for long before your flight is…

Personal loans help borrowers meet day-to-day needs and aspirations such as medical expenses, education costs, home reconstruction and other similar family or lifestyle-related requirements. Let us discuss five widely prevalent myths you…

To raise money for investing in a stock market, some investors resort to taking a personal loan. However causal it may sound, this is not a healthy practice and should ideally be…

Personal loans: At the time of applying for personal loans, it is important to check the interest rates charged by different banks – both state and private. On April 9, Reserve Bank…

If you are planning to raise a loan – secured or personal – one of the first things that you must do is to find your credit score. This is a three-digit…

In an interaction with Mint for the Guru Portfolio series, Kumar shared his contrarian approach when it comes to picking mutual funds for his portfolio. “I like it when certain investment styles or investment…

It is not uncommon for some people to have zero credit history. This usually happens with the students and young professionals who do not have a history of using a credit card….

In India’s ever-evolving, dynamic financial landscape, clearly understanding how loan inquiries impact your credit score is of utmost importance. This is important because a low credit score makes it very difficult to…

US President Donald Trump in a new post has claimed that the imposition of tariffs will lead to a huge number of Americans seeing a decline in their income tax. In a…

In a world flooded with flashy deals and fine print, basic numeracy—the ability to understand and work with numbers—is more important than ever. Yet time and again, people fall for offers that…

Sovereign Gold Bond Scheme: The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) Scheme, Series I of 2020-21, setting it at ₹9,600 per…

The words “credit” or “debt” can feel quite daunting, especially when you’re just starting on your financial journey. For a long time, young individuals were often advised to avoid borrowing or seeking…

Credit Cards: If you are planning to apply for a credit card, make sure that you opt for one that closely resembles your spending habits. Before you choose a lifestyle credit card,…

MUMBAI : Though the new tax regime offers a simpler framework by eliminating deductions and exemptions, some incomes are still eligible for tax benefits.  One such income is the interest on post…

Capital markets regulator Securities and Exchange Board of India (Sebi) has introduced some changes with regards to the cut off time to determine net asset value (NAV) of overnight funds.  Prior to…

Electric vehicles (EVs) are on the rise in India. But the insurance on such vehicles is expensive compared to those that run on petrol and diesel. Further, most insurance policies do not…

Gold prices: Since the price of gold has been skyrocketing due to volatility arising out of Donald Trump’s tariffs, many retail investors are tempted to invest in the yellow metal. On Wednesday,…

A credit score of 750 or more is generally considered excellent in India. Still, many applicants find themselves in difficult situations, facing denial when applying for premium credit cards. This contradiction clearly…

If you hold a credit card or have a running personal loan, it is recommended that you check your credit score from time to time. Typically, one should check the credit report…

The Securities and Exchange Board of India (Sebi) in 2022 introduced a regulatory framework for online bond platforms (OBPs), creating a new, regulated ecosystem where investors can buy and sell listed corporate…

MobiKwik, which offers a wide range of payments and financial products, has announced a strategic partnership with Poonawalla Fincorp to offer instant personal loans. This collaboration aims to promote quick access to…

Vivad se Vishwas Scheme, meant to reduce pending income tax litigation, among other things, will finally close on April 30. Broadly, this is a dispute resolution mechanism in respect of pending income…

I have claimed business losses two years ago under the old tax regime. I carried them forward in my last year Income Tax Return (ITR), again under the old regime. In the…

With these numbers, India stands at the precipice of its largest intergenerational wealth transfer. Over the coming decades, trillions of rupees will shift hands as family businesses, assets, and investments transition from…

After being on a downswing for nearly six months, stock markets have started to rise again. The overall benchmark indices, Nifty 50 and Sensex, spiked over the last four trading sessions (up…

The travel and tourism industry has grown rapidly in the last few years. Taking note of the travel boom, some banks have partnered with airline and hotel programs to provide their credit…

Have small cap mutual funds become any safer now? The latest stress test, it appears, doesn’t reflect that. The test for March indicates that it will take as long as 25-57 days…

The problem of growing credit card debt is not limited to the general public. Even employees of the US federal government face the same issue – at least, that’s what DOGE, a…

Lack of awareness is still the biggest stumbling block in insurance adoption in India, and around 47.6 per cent of Indians remain unaware of term insurance and its benefits, a new report…

IDFC FIRST Bank offers a debt consolidation loan via FIRSTmoney to simplify repayment by collating numerous loan debts into a single debt so that borrowers can repay with manageable instalments. This approach…

As we enter the financial year 2025-2026, a lot has changed in recent times. Financial markets have been extremely volatile, interest rates are on a decline after a five-year hiatus, and US…

Conservative investors tend to invest in fixed deposits (FDs) of banks for the security and assurance they offer. Here we examine the returns given by different post office schemes and compare them…

A high credit score is important for the customers to negotiate better loan conditions with the lender including lower interest rate, long tenure and high amont, among other factors. There are occasions…

“Mutual funds are not defined as shares in the treaty as well as in the Income Tax Act, so the taxpayer got the benefit,” said Mayank Mohanka, founder of TaxAaram India. Here’s…

Having an impressive credit score is vital to be able to raise a loan at a convenient rate of interest. Someone with a high credit score can easily pull off a better…

In income-tax assessment proceedings, assessing officers (AO) get a full nine months to issue information-seeking notices to scrutinize and verify the claims of expenses, deductions, and incomes as declared by taxpayers in…

I have a HUF of which I am the Karta. Say, I create capital through gift in my new HUF from non-members and then invest the amount in bank fixed deposits. After…

Can I buy two residential house properties to claim exemption on long-term capital gains from the sale of one house? Can I buy two house properties in the joint names of self…

A Fund of Funds (FoF) allows investors to make a single investment while giving them access to a diversified portfolio across multiple securities. It invests in multiple mutual funds, allowing investors to…

Google Pay has completely transformed the digital payment landscape in India. Typically, Google Pay is linked only to debit cards, but if you have a Rupay card, you can make UPI payment…

Travelling by air is not a luxury anymore for most urban dwellers. And when you take a flight to any domestic or international destination, it is usual to wait for an hour…

If you need quick funds and do not own assets to act as collateral, personal loans can be a smart option. The loans do not need any collateral and get disbursed instantly….

Aiming for an 800 plus credit score is a good financial goal as it can elevate your profile to the level of ‘extra ordinary’ people.  With this score, you can access best…

Sometimes, individuals come across situations that can drain their finances or lead to income stopping. For example, a major medical emergency, accident, etc., can lead to a huge hospital bill and drain…

Credit score plays an important role in securing a credit card or raising a personal loan on convenient terms. And when someone’s credit score is absymally low i.e., below 600, s/he finds…

As the Reserve Bank of India (RBI) on Wednesday cut the repo rate again by 25 basis points, home loan EMIs are expected to fall. In the past two months, RBI has…

Stock markets have been swinging wildly in the past few days since US President Donald Trump kicked off a tariff war on April 2 after his ‘Liberation Day’ speech. On Monday, the…

A credit score of 600 is not considered outstanding, which makes getting a personal loan in India more difficult but not entirely impossible. A score of 600 is generally considered fair, meaning…

Credit card providers often provide special privileges to the first time users to woo them. One of the common privileges which credit cards offer is the welcome gift offered by them. Those…

Due to its geographical isolation, high cost of living, and long distances for inter-city commute, a holiday to the Kiwi land is prohibitively expensive for Indians. However, Mumbai-based Shashwat Luthra and Kriti…

On paper, this sounds like a smooth strategy. But as with most things involving tax, the devil lies in the details. Let’s break down what this GST input tax credit (ITC) really…

The latest data on income tax website shows that a total of 3.24 lakh individuals filed their income tax return for over ₹1 crore before March 31, 2025. Out of these, a…

Have you heard of the phenomenon of clearing off a personal loan by raising a fresh one? Or did you ever think of someone contemplating raising a new loan to clear off…

As the new finance year (2025-26) has kicked off and majority of salaried individuals are likely to go with new tax regime. They tend to believe that they have a lower incentive…

Market in freefall: Stock markets in India and abroad have declined considerably in the past few days due to US President Donald Trump’s announcement of imposing reciprocal tariffs on its trading partners….

To combat the ever-rising number of credit card defaults in India, leading financial institutions and banks have implemented strict rules for recovering overdue amounts. Kotak Mahindra Bank, in accordance with Reserve Bank…

PPF news: Public Provident Fund investors are in for a good news this new financial year! From now on, you do not have to pay any fees if you want to update…

Visa has reportedly offered Apple a whopping $100 million to take over the tech giant’s credit card partnership, replacing Mastercard, reported Reuters quoting Wall Street Journal on Tuesday, citing sources familiar with…

The Indian government will have to pay the Sovereign Gold Bond investors a whooping ₹12,06,92,00,00,000 ( ₹12 trillion) if it were to redeem all outstanding gold bonds, given the gold rate of…

While this flexibility is a great relief during critical times, it’s important to understand the rules, limits, tax implications, and the overall impact of such withdrawals on long-term financial security. EPF withdrawal…

My maternal grandmother has three daughters, including my mother. My mother has chosen to renounce her share of my grandmother’s property, which includes a significant business and several real estate assets. As…

There was a time when South action films showed up at single screen theatres like Aurora in Bombay and fans learnt to say, ‘En Vazhi, Thani Vazhi’. And young men in the…

The Central government’s Employees Provident Fund Organisation (EPFO) has decided to likely increase the auto settlement of the advanced claim (ASAC) limit to ₹5 lakh, compared to its current levels of ₹1…

Do you have demat accounts with multiple brokers? Not only are you paying higher annual maintenance charges (AMCs), but these charges add up for every such account. But there is a way…

Income Tax: If you are planning to opt for old tax regime at the time of filing your income tax return (ITR) in July this year for FY 2024-25, it is important…

Money rule changes from April 1 2025: March 2025 is coming to an end, ushering the beginning of a new financial year from April 1. The financial year 2025-26 will start from…

In the last few weeks, some states have tweaked professional tax rules during budget presentations. The Assam government has announced the exemption of professional tax for those earning up to ₹15,000 for…

ATM charges from May 1: The Reserve Bank of India (RBI) on Friday, March 28, permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by ₹2 to…

Small savings scheme: The central government has kept the interest rates on small savings schemes like PPF and NSC unchanged for the April-to-June quarter of the financial year 2025-26. “The rates of…

It is not easy to get a credit card you would love to use and importantly – you truly deserve. Some may give limited features and an abysmally poor reward points ecosystem whereas…

Petrol pumps in India are becoming hotspots for credit card fraud, with incidents of card skimming and fraudulent transactions on the rise. To keep your financial information secure, users should exercise caution…

If we sell our residential house for, say, ₹50 lakh, do we have to invest the full 50 lakh to buy another residential house property, or do we only need to invest…

I-T rules for safe harbour laws: The Central Board of Direct Taxes (CBDT) notified certain amendments in Income-Tax Rules (I-T), 1962, on Tuesday, March 25, to expand the scope of safe harbour…

First, let us understand the tax rules for selling short term and long term investments. Short-term capital gains (STCG) on assets held for less than a year are taxed at 20% and…

Several surveys over the years have consistently shown that a significant portion of Indians don’t have an emergency fund. This lack of financial knowledge and contingency funds has resulted in most remaining…

I have an apartment that I want to sell. If I sell it before 31 March this year, will I have to pay the entire capital gains tax as advance tax by…

The next step is the online registration process–uploading the documents and submitting the application and Aadhaar authentication through OTP. However, the process may not be as simple as it sounds. GST (goods…

When remaking the classics, Disney has had to step gingerly around everything: Cannot say ‘white’ because, racism; cannot say ‘dwarf’ because we acknowledge the dignity of people of short stature, and not…

Converting your Kotak credit card transactions into EMIs can provide much-needed financial relief, especially when you are faced with large expenses. This facility allows customers to manage their repayments more conveniently, spreading…

MUMBAI : Traditional insurance policies have a fixed maturity period. Until these policies mature, policyholders cannot withdraw funds. However, if you are facing a temporary cash crunch and don’t want to surrender…

Pre-closing a personal loan from any bank is a good financial decision, but one must be cautious while doing so by keeping certain important points in mind. Firstly, a personal loan is…

Are you a food lover who prefers to dine out every weekend at the best restaurants to relish varieties of cuisine? What if you could save 25% on your food bill? Yes,…

While the Public Provident Fund (PPF) has lost some of its sheen over the years as interest rates have slipped gradually — 7.1% at present — several investors still prefer it given…

The Union Cabinet on Wednesday approved the extension of a ₹1,500 crore incentive for the promotion of small-value BHIM-UPI (P2M) transactions. The new move, aimed to benefit common man and small merchants,…

Over the past six months, my investments in mutual funds and equities have been affected by macroeconomic instability, resulting in losses. Given the current market conditions, how do I navigate this situation?…

I am currently working in Mumbai. I am currently residing in a rented apartment and looking forward to purchasing a flat for investment purposes in Bhubaneshwar, for which I will take a…

In today’s dynamic financial landscape, Indian investors face increasing challenges with domestic market volatility and currency fluctuations. Recognising the need for diversification and global exposure, we are proud to presentMint Horizons, an…

I am 35 and investing in some mutual fund schemes through SIPs. The funds where SIPs are running are ICICI Small Cap, Kotak Small Cap, SBI Small Cap, Nippon Small Cap, and…

The recent stock market slump in the US has raised concerns about President Donald Trump’s economic policies such as tariffs, immigration crackdowns and federal budget cuts. Will these policies eventually benefit the…

Over the past 10 years, the Shanghai SE Composite Index rose just 2.5%. However, the Chinese government’s stimulus measures to boost domestic consumption and DeepSeek’s AI model lifted the sentiment. China’s benchmark…

(Bloomberg Opinion) — Gen Z has been in the workforce just long enough to want out. Well, at least temporarily. The concept of a micro-retirement has started to trend (again) on social…

The Central Pension Accounting Office (CPAO) on March 12 issued instructions to all relevant authorities to stick to its new guidelines of processing NPS pension cases in the same manner as the…

Best mutual funds: Prior to investing in a mutual fund scheme, investors tend to compare the returns given by that scheme vis-a-vis other schemes in the same category. Notably, rational investors –…

For Maibam Nirbuala Devi, financial literacy came too late. Together with her family, she invested ₹48 lakh in a local scheme promising 5% monthly returns—only to find out it was a Ponzi…

The city of Melbourne glues the stories together. A story about a father and son, a woman trying to make a place for herself in a strange land, a dancer who needs…

Credit card distribution growth and spending in India continues to rise, reaching ₹1.84 lakh crore in January 2025, according to data provided by Asit C. Mehta Investment Intermediates. Hence, in this kind…

Do you regularly invest in stocks and have booked capital gains by selling some shares recently? In case you are not aware, these gains can be set off against the losses you…

The latest data released by the Association of Mutual Funds in India (AMFI) has been dismal with regard to equity mutual funds. In February, inflows into equity mutual funds fell to ₹29,…

Investment word of the day: To make informed investment choices, it is essential to analyse potential profits and losses. By considering risks, investors can determine whether an investment aligns with their financial…

Modified Interest Subvention Scheme (MISS) is a central sector scheme by the Government of India which is fully funded for giving concessional short term credit to the farmers. Launched in the 2006-…

Credit cards are a great way to make smart transactions to save on money while not compromising on your lifestyle. If you are someone who has just started your career and are…

A good credit score holds immense value in India while applying for credit cards and loans. While loan repayment and usage of credit cards form most of your credit scores, people often…

I have a small patch of land in a village. I’ve given power of attorney of the land to a childhood friend residing in that village as I’m rarely there. I wanted…

In today’s world of digital payments, credit cards are more than just a way to pay—they can help you save big when used smartly. A simple trick called “stacking” lets you combine…

Here is a look at how equity and debt categories of NPS schemes have performed over time versus the respective benchmark indices. Past performance A three-year rolling return analysis of NPS equity…

On International Women’s Day, a number of financial institutions have rolled out special discounts and offers on loans meant exclusively for women. Aditya Birla Housing Finance launched Khushi, a customised home loan…

Women’s Day 2025: International Women’s Day is here again on March 8! On this occasion, while we celebrate women around the globe, the systemic cycles in every economy have certain hidden pressures…

Two con artists were arrested in Gurgaon for scamming a private firm employee through a fraudulent loan offer. The victim saw a loan advertisement on a poster in Udyog Vihar, leading him…

Several different forms of debt such as credit cards demand personal loans and medical expenses become complicated to handle at once. You can simplify debt repayment through debt consolidation loans which also…

If you want to invest in  tax saving instruments such as PPF, NSC, SSY and NPS, it is important to do it within the right timeframe. Those taxpayers who want to claim tax benefits…

UTI Nifty Index Fund, India’s oldest Nifty 50 index fund, turned 25 this March.  Since its launch in 2000, it has delivered a return of 11.51%, which means a sum of ₹10…

The Employees’ Provident Fund Organization (EPFO) has revised the rules for updating the profile of the members. With the recent revision, EPF members can update their Aadhaar-linked Universal Account Numbers (UAN) with…

I am planning to buy a home and will be taking a loan to finance my purchase. While exploring my options, I came across loan protection insurance. I want to understand whether…

A closer look at key quantitative measures can reveal how a fund is managed, the level of risk it takes, and its consistency across market cycles. What are these measures and what…

Total credit card expenditure in January 2025 declined to ₹1.8 trillion, reflecting a 2 per cent month-on-month decline and a 14 per cent year-on-year jump. Notably, the month-on-month decline in credit card…

As the global landscape of wealth management evolves, so do the expectations of affluent investors. Now, in early 2025, the focus has shifted towards a more nuanced and diversified approach, with high-net-worth…

Investment word of the day: Investing in the stock market may be intimidating, especially for beginners. Many struggle with understanding essential stock market terms, making the process complex.  Here’s a simple guide…

Gold prices have been rising quite fast in the past few weeks. Gold prices stand at ₹86,793 per 10 grams (24 carats) and at ₹79,573 (22 carats). Although the price witnessed biggest…

My wife’s PPF will mature in April. She wants to transfer ₹23 lakh to my senior citizen savings account and balance ₹7 lakh to our daughter. What will be the tax position…

Those taxpayers who want to updated their income tax return of previous two years can file an updated return before March 31. Although you can file the updated return anytime but it…

Over the past four decades, private employers have dumped pensions and replaced them with 401(k) savings plans. The result is that millions of Americans are their own pension plan managers, and they…

“Since you have redeemed X excess reward points beyond what is rightfully accrued by your transactions, we request you to pay INR 23,25,639 to the Bank as per MITC clause…” The notice…

No-cost EMI facility on credit cards is gaining traction in India, especially during the festival season. In this, customers can buy premium products and pay for the amount in easy and convenient…

“Sometimes I’ve made mistakes in assessing the future economics of a business I’ve purchased for Berkshire – each a case of capital allocation gone wrong. That happens with both judgments about marketable…

Some people who applied for it after the Supreme Court order in November 2022 are still waiting for the Employees’ Provident Fund Organisation (EPFO) to accept their applications.  Though, according to a…

US President Donald Trump on Tuesday announced the idea of launching a “gold card”, which could replace the EB-5 visa program, and the green card issued through it for immigrants. Talking to…

Investment word of the day: Whenever you make an investment, you will be curious to know how your money is performing over time. There are several measures to check the performance of…

As the Indian rupee continues to fall against the US dollar, students from India who plan to travel abroad for higher studies stare at a tough road ahead. Recently, the rupee breached…

Investment word of the day: Tracking your investments is essential for understanding how your money performs over time. Skipping this practice will make it difficult to know if you’re on the right…

Anyone investing in various instruments, including a Systematic Investment Plan (SIP) or regular deposits in mutual funds, will need to consistently track returns to assess the performance of their investments and make…

If you are planning to invest in a mutual fund, then the better way to do is through an SIP (systematic investment plan) instead of lumpsum. An SIP can help you average…

Several top-performing large-cap mutual funds in India have demonstrated superior returns compared to their benchmarks, according to Mutual fund body AMFI data from February 21, 2025. Funds like the Nippon India Large…

Union Finance Minister Nirmala Sitharaman on Feb 13 tabled the new Income Tax Bill in the Parliament. This was a landmark move as the entire 64-year-old income tax law was overhauled and…

New Delhi, Feb 22 (PTI) Industry body Amfi has launched three initiatives — SIP for smaller investments, Tarun Yojana to encourage young investors, and MITRA to help track and recover forgotten investments. …

Mutual funds have increasingly become extremely popular among retail investors for wealth creation. The latest data for Jan 2025 revealed by the Association of Mutual Funds in India (AMFI) shows that the…

Fans of horror movies will get all the satisfaction of scary demons and exorcism rituals. Fans of K-dramas will watch the beautiful actors emote in closeups as well as the mystical tradition…

Recently, Rattan Dhillon of Chandigarh, a State Bank of India (SBI) credit cardholder, brought to light an aggressive recovery message he had received from an SBI agent for a minor unpaid credit…

Acquiring a business loan stands as the potential key element that enables your organization to grow upward. The essentiality of capital access helps business owners achieve their aims of operation expansion and…

A high credit score offers much more than numerical value because it functions as a gate to better financial prospects together with financial independence. Credit scores determine approval rates on loans together…

Though the announcement was widely welcomed, it failed to address a critical question – does income from capital gains affect a person’s eligibility for the rebate? In other words, if a person…