Keep yourself updated with the latest financial news and updates.
Posted On : 20-Jan-2023
Reference : ET Wealth
Before retiring, you can also take money out of your EPF account for a variety of purposes. These include financing financial emergencies, a home purchase or construction, a child's wedding and education, and paying for these expenses.
Posted On : 12-Jan-2023
Reference : ET Wealth
Despite substantial rate hikes done within the last 9 months the likelihood of a further hike in interest rates cannot be ruled out completely yet. So, if investors book or start a long-term FD now, they may regret it later if the rates go up. On the other hand, if they wait longer for the rates to peak — which might not happen — they risk losing out on the current high rate.
Posted On : 08-Jan-2023
Reference : Money Control
The RBI said customers can use registered email IDs, registered mobile numbers, ATMs, digital channels (such as online banking/internet banking, mobile application), letters, etc. to do re-KYC, without the need for a visit to the bank branch.
Posted On : 08-Jan-2023
Reference : Mid Day
The advisory which was issued by Vishal Thakur, DCP, Operations, Mumbai Police said, It is necessary that some check should be put on Landlords/tenants so terrorist/anti-social elements in the guise of tenants may not cause subversive activities, riots, affray, etc. and that immediate action is necessary for the prevention of the same.
Posted On : 08-Jan-2023
Reference : ET Wealth
Find out how to make the most of the opportunities that could unfold in the New Year.
Posted On : 08-Jan-2023
Reference : ET Wealth
Crowdfunding is a boon for those who want to raise a large amount of money for an important need.
Posted On : 12-Dec-2022
Reference : Financial Express
Retirement planning from a financial point of view is about creating a corpus that provides adequate returns to allow individuals to enjoy the lifestyle they desire.
Posted On : 04-Dec-2022
Reference : Business League
SMS New Rule: Whenever the operator issues a new SIM, the incoming and outgoing services of SMS will be stopped for the first 24 hours.
Posted On : 25-Nov-2022
Reference : Financial Express
Bajaj Housing Finance Home Loan MY EMI offer: Customers can pay as low as 0.1 percent of the loan amount as EMI, starting at Rs. 4,999, for a period of up to 3 years, or till project completion.
Posted On : 25-Nov-2022
Reference : ET Wealth
RBI recently asked banks and card issuers to calculate the minimum amount due on credit card bills in a way that does not result in negative amortization. How will banks and card issuers calculate the minimum amount due now? All you need to know
Posted On : 11-Nov-2022
Reference : Money Control
Fixed deposit ‘laddering’ is about dividing your FD investments and spreading them over multiple smaller FDs with different maturity periods.
Posted On : 11-Nov-2022
Reference : ET Wealth
Are you paying housing rent to a Non-resident Indian? If yes, then ensure that you are deducting tax before making a rent payment to the NRI landlord. Remember under the income tax laws, as a tenant, if you fail to deduct tax, then you will be liable for penal consequences. Read on to know the income tax rate at which taxes are to be deducted and how to deposit them with the government.
Posted On : 11-Nov-2022
Reference : The Economic Times
Apart from the four small cap funds, the list features one flexi cap fund, one multi cap fund, and one large & mid cap fund. These schemes are offering better returns in a 10-year period than many small cap funds. None of the large cap funds made it to the list.
Posted On : 06-Nov-2022
Reference : ET Wealth
Have you recently sold or are planning to sell an under-construction property? If yes, then ensure that you know the income tax laws on capital gains correctly. The income tax laws are different for under-construction properties and fully constructed houses. Read on to know to calculate capital gains on selling under-construction property and the income tax rate at which tax will be payable on such capital gains.
Posted On : 06-Nov-2022
Reference : ET Wealth
SafeGold, an online digital gold platform, has launched a service called Gains. Under this service, a customer having a digital gold account with them can rent out the accumulated gold from their vaults to the jewellers that are available on the website. However, before you go ahead, one must understand the risks involved in the scheme.
