Keep yourself updated with the latest financial news and updates.
Posted On : 04-Jun-2022
Reference : Money Control
Holding many bank accounts has its benefits, but for those who are not financially disciplined, keeping track of multiple cheque books, debit cards, net banking user IDs and passwords, and minimum monthly average balance can be quite cumbersome.
Posted On : 27-May-2022
Reference : The Economic Times
The Securities and Exchange Board of India has issued new norms for index funds and ETFs in both equity and debt space. The 16-page circular covers a lot of ground from equity FOFs to regulations on passive corporate bond funds. The circular also paves way for passive ELSSs.
Posted On : 27-May-2022
Reference : Due.com
Retirees have a particular advantage because they have both time and expertise in various fields. Here are 15 ideas for generating an additional income stream during your retirement.
Posted On : 22-May-2022
Reference : The Indian Express
The cyber fraudster allegedly sent the 63-year-old woman a text message asking her to pay her electricity bill and tricked her into revealing her bank details using a remote access application.
Posted On : 22-May-2022
Reference : Financial Express
As per SEBI, investments in alternative investments touched the ₹2 lakh crore mark during January-March 2021, rising more than 30% over the year despite the effect of the pandemic. This class of investments includes newer assets such as invoice discounting, angel investing, infrastructure funds, social venture capital funds, revenue-based financing, etc.
Posted On : 22-May-2022
Reference : The Street
The use of QR codes rose during the pandemic and hackers took advantage of the opportunity to steal financial data.
Posted On : 22-May-2022
Reference : Money Control
Ensure that you do your due diligence when renewing your health insurance so that you don’t have to face any issues in the future.
Posted On : 22-May-2022
Reference : Magic Brick
Capital gain is any profit or gain that occurs from the sale of a ‘capital asset’. The gain/profit is considered an ‘income’, and therefore, you are required to pay tax for that particular amount in the same year you have transferred the capital asset.
Posted On : 22-May-2022
Reference : 43
While investing in assets or spending in Indian currency value in a foreign land may turn more expensive, for an NRI, there are opportunities to capitalize on. If you are an NRI investing in your home country, India, then with the depreciation in the value of the Indian currency, every dollar repatriated home by you is worth so much more.
Posted On : 22-May-2022
Reference : Future Generalli
Long-term capital gains are chargeable to income tax @ 20%. There is no minimum exemption limit prescribed so the entire amount of capital gains will qualify for the deduction.
Posted On : 14-May-2022
Reference : The Economic Times
Scholarships are not only for the academically inclined. While it is necessary to have a strong GPA, preferably between 8.0 and 9.0 if you are looking for an undergrad course, and anything above 7.0 if you are going for a master's course, it is equally important to have some extracurricular achievements to add to your profile. Everything that you pursue carries weight - academics, sports, drama, music, etc.
Posted On : 14-May-2022
Reference : Hindustan Times
The notification said that any person who intends to make these transactions should apply for a PAN at least seven days before the date on which the transaction is intended to be made.
Posted On : 14-May-2022
Reference : Money Control
By virtue of being a nominee in the records of a Society, the complete title to the shares and property of the deceased member does not automatically vest in or transfer in favour of such a nominee. The nominee is supposed to merely hold such shares and property for the benefit of the actual legal heirs of the deceased member.
Posted On : 14-May-2022
Reference : The Economic Times
According to the Consumer Electronics and Appliances Manufacturers Association (CEAMA), fall of the Indian rupee against the dollar is creating more problems for the industry.
Posted On : 14-May-2022
Reference : Indiatoday.in
What happens to your money when Rupee falls? Who decides its value? And why is it measured against US Dollar? Let’s unpack currency depreciation that affects all of us
