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Source: Live Mint Top investment opportunities in 2025: In 2025, several vibrant industries will show up as excellent investment prospects as India’s economy continues its upward trajectory. Global trends are bringing about change and opening up new opportunities for investors as the new year draws near. According to industry analysts, investors can anticipate strong returns…
Source: Live Mint 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 registered gift deed in April 2022. The completion certificate was received in April 2018. The wife expired in June 2024 without a will. Her share automatically went…
Source: Live Mint 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 the date to submit the wage details to January 31, 2025. “A final opportunity is being given to the employers till 31.01.2025 to ensure that employers process…
Source: Live Mint Cybercrime tricks: With the rising number of cybercrimes in the country, India’s largest bank, the State Bank of India, has issued an advisory outlining possible ways in which fraudsters can trick customers. 10 common cybercrime tricks TRAI Phone Scam: Some fraudsters may threaten to suspend your mobile services over allegations of illegal…
Source: Live Mint In a verdict that will impact lakhs of credit card holders in India, the Supreme Court on December 20 overturned a 2008 National Consumer Disputes Redressal Commission (NCDRC) judgment capping credit card interest rates at 30% annually on late bill payments. “In view of foregoing reasons, the judgment of the NCDRC is…
Source: Live Mint I had invested in bonds of a listed Company with a cumulative option for interest. These bonds were redeemed on 15th July 2024. I have received the redemption money of 1 lakh with interest of ₹67,595/-towards interest after deducting TDS of ₹7,511/-. I have not shown any interest income regarding these bonds…
Source: Live Mint Bank FD rates: Several banks, including Federal Bank, RBL Bank, Equitas, etc, have revised their fixed deposit interest rates in December 2024. As per the revised FD rates, investors can earn up to 9% return on their fixed deposits. Fixed deposits are one of the most suitable options for investors who are…
Source: Live Mint Personal loans can be a panacea for a number of financial crises. Whether it is an emergency or a wedding, be it a renovation at home or the urgency to buy a luxury item for your loved one – one can raise a personal loan from a bank or a financial institution to…
Source: Live Mint Many people want to become home owners, and owning a home might be as simple as taking a home loan. Obtaining a home loan however, is not just by making an application; in addition to this, several conditions have to be satisfied. One of the necessary requirements is that you ought to…
Source: Live Mint 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 to make any payment. It is noteworthy that the moratorium affects loan repayment since interest keeps accruing, following which one has to pay the combined interest, thus…
