The FinTech Hub
Source: Live Mint Employees’ Pension Scheme (EPS) subscribers can access pension from any bank branch in India from today, January 1, 2025. Although the change in rule was announced in a statement on September 4 last year, it took effect today. This is the outcome of the introduction of the Centralised Pension Payments System (CPPS),…
Source: Live Mint The Income-Tax (I-T) Department is allowing taxpayers who qualify for the section 87A tax rebate for FY24 to now claim it in the updated Income-Tax Return (ITR) forms — ITR-2 and ITR-3, according to a report by Business Today. Eligible taxpayers will soon be able to submit a revised or belated income…
Source: Live Mint How can I check if I’m pre-approved for a consumer durable loan, and does it save time in the application process? -Name withheld on request Pre-approved consumer durable loans are a fast and hassle-free way to finance big-ticket purchases. These loans are typically offered by banks and non-bank lenders to existing customers…
Source: Live Mint What is the one important thing you can do now to take charge of your financial future? During a financial planning discussion, a client realized he had several major actions to take to streamline his finances. Although everything was clear, he was slightly overwhelmed and didn’t know where to start. To ease…
Source: Live Mint How to become rich in 2025: Building wealth is like running a marathon, not a sprint. While there’s no magic formula for getting rich quickly, mutual funds ( MFs) offer a diversified approach to investing that is ideal for long-term financial goals and helps investors amass wealth. Mutual fund investments are indirect…
Source: Live Mint New Delhi [India], January 1 (ANI): The Central Board of Direct Taxes (CBDT) has extended the last date for filing belated/revised income tax returns (ITR) for the Assessment Year (AY) 2024-25 for resident individuals, as stated in a notification issued by the CBDT. The deadline has been extended from December 31, 2024…
Source: Live Mint Catch all the Instant Personal Loan, Business Loan, Business News, Money news, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Business NewsMoneyPersonal FinanceSmall savings scheme: Interest rates on PPF, SSY, SCSS remain unchanged for January-March quarter; Check rates Read Full…
Source: Live Mint In March the rupee was at 82.77 to the US dollar. Currently, it is around 85.25, which is a drop of about 3%. We will look at the reasons for this depreciation, but the important point is that our external situation – as measured by our current account deficit (CAD) and balance…
Source: Live Mint In the last few months, several banks have made changes to their credit card rewards program. Some of these include spend-based access to domestic airport lounges, a levy of fees on utility bill payments, reduction or removal of reward points on some categories, etc. HDFC Bank has also made some changes to…
Source: Live Mint Funding higher education is one of the significant challenges for most students in India. Apart from good grades, it is equally important to have enough finances to fund your education. Most parents spend all their savings to fulfil their child’s dream. However, sometimes, the savings are not enough to cover education costs….
