News and Updates

Keep yourself updated with the latest financial news and updates.

Posted On : 12-Oct-2024

Reference : ET Wealth

7 REASONS WHY NPS VATSALYA MAY NOT BE A GOOD INVESTMENT FOR YOUR CHILD

NPS Vatsalya investment: The government has launched NPS Vatsalya, a pension scheme for minors. On the surface, it may seem like a good option to promote early habits to save for a pension from an early age. However, there are 7 reasons why it may not be a good investment to save for your children's education and marriage.

Posted On : 12-Oct-2024

Reference : Hindustan Times

TOP REAL ESTATE DEAL IN MUMBAI'S SUBURBS: 4 BHK APARTMENT IN BORIVALI SELLS FOR ₹14 CRORE AT ₹56,000 PER SQ FT

Mumbai real estate: This is perhaps the highest rate at which a property has been sold in Borivali until now

Posted On : 12-Oct-2024

Reference : The Economic Times

BANKS, NBFCS NOT PERMITTED TO LEVY FORECLOSURE CHARGES OR PRE-PENALTY ON LOANS TO MICRO AND SMALL ENTERPRISES: RBI

Central bank governor’s announcement to cover floating rate term loans sanctioned to individual borrowers for non-business purposes.

Posted On : 12-Oct-2024

Reference : The Economic Times

RBI MPC: WHAT MUTUAL FUND EXPERTS SAY ON THE RATE PAUSE?

RBI kept repo rate unchanged at 6.5%. Debt MFs may benefit, equity markets positive long term. Experts expect rate cut in next year.

Posted On : 12-Oct-2024

Reference : The Economic Times

RATAN TATA: WHY INDIANS LOVED THE BUSINESS TYCOON

Ratan Tata was renowned for his transformative leadership of the Tata Group, marked by ambitious global acquisitions and ethical values. Rising from humble beginnings, he expanded the company globally. Even in retirement, Tata remained a pivotal figure, focusing on philanthropy and supporting startups while exemplifying responsible business practices.

Posted On : 01-Oct-2024

Reference : India Today

STOCK MARKET CHANGES EFFECTIVE TODAY: 3 THINGS INVESTORS NEED TO KNOW

Three key updates effective today will impact transaction fees, Securities Transaction Tax, and share buyback taxation for stock market investors.

Posted On : 01-Oct-2024

Reference : India Today

NEW PPF RULES EFFECTIVE TODAY: ALL YOU NEED TO KNOW

New PPF rules effective today streamline account management for minors, multiple account holders, and NRIs, impacting interest rates and regulations.

Posted On : 01-Oct-2024

Reference : ET Wealth

DON’T LET MONEY HURT YOUR MARRIAGE: HOW MARRIED COUPLE CAN MANAGE MONEY AND AVOID CONFLICTS ON FINANCIAL MATTERS

Financial disagreements can drive a wedge in the relationship. The key to preventing financial conflicts after marriage is open communication. Both partners should be comfortable discussing money matters without fear of judgment. ET Wealth examines some common arguments that couples can have after marriage. We hope the suggestions from experts will smoothen their financial lives.

Posted On : 24-Sep-2024

Reference : The Hindu

AYUSHMAN BHARAT HEALTH INSURANCE: HOW TO APPLY FOR SENIOR CITIZEN’S HEALTH COVER?

The Union Cabinet approved health coverage under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY). Here’s how to apply for the flagship scheme.

Posted On : 24-Sep-2024

Reference : Business-standard.com

RS 1 CR PENALTY ON HDFC BANK: HOW TO PROTECT YOURSELF FROM RECOVERY AGENTS

Recovery agents may use untraceable phone numbers or WhatsApp messages to avoid identification.

Posted On : 24-Sep-2024

Reference : ET Wealth

EIGHT INCOME TAX NOTICES A SALARIED INDIVIDUAL CAN GET BEFORE OR AFTER ITR PROCESSING: KNOW YOUR OPTIONS

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

Posted On : 02-Sep-2024

Reference : ET Wealth

CREATE WILL IN FEW MINUTES: STEP-BY-STEP GUIDE ON HOW TO MAKE AN ONLINE WILL IN INDIA

Today, making a will has become easy, especially with some online platforms offering user-friendly tools and resources to help individuals draft and execute wills from the comfort of their homes. Here’s how you can create an online will.

Posted On : 26-Aug-2024

Reference : ET Wealth

No indexation benefit on loss: The government has provided partial relief to the homeowners for properties bought before July 23, 2024 and sold after that.

No indexation benefit on loss: The government has provided partial relief to the homeowners for properties bought before July 23, 2024 and sold after that. However, this relief is available only in the case of LTCG arising from the property sale. If the property is sold at a loss then there is no indexation benefit available.

Posted On : 14-Aug-2024

Reference : The Economic Times

THINGS AT HDFC WEREN'T GOING ACCORDING TO PLAN POST MERGER, SAYS MD & CEO SASHIDHAR JAGDISHAN

Jagdishan acknowledged that the banking landscape changed dramatically after the lender decided to merge with parent HDFC in April 2022, but he defended the decision.

Posted On : 14-Aug-2024

Reference : Economic Times

INDEXATION BENEFIT MAY BE A REALITY AGAIN! LTCG TAX AMENDMENT PROPOSAL BRINGS JOY TO REAL ESTATE SECTOR

Real estate industry leaders welcomed the amendment proposed by Finance Minister Nirmala Sitharaman in the Finance Bill, which aims to provide significant relief on capital gains tax in property transactions. They believe this change will stimulate investment in the real estate sector and boost sales across all housing segments.