The FinTech Hub
Source: Live Mint The emergence of Buy Now, Pay Later (BNPL) services has completely transformed our purchasing habits. BNPL has become a very attractive alternative to conventional credit cards by offering interest-free payments and instant gratification. While it allows for flexibility and ease for temporary transactions, misuse of this payment option can seriously jeopardise your…
Source: Live Mint Do you want to know how your application for a credit card from Axis Bank is going? The steps in the application process are explained, and how to quickly check up on the status of your application online or otherwise. What are credit cards? A credit card is essentially a financial gadget…
Source: Live Mint The current financial landscape is constantly evolving, and the ways to avail credit have evolved immensely. Among the latest tech developments in the business world, an instant loan app is one of the latest additions that aims to provide loans quickly and conveniently. What is an instant loan app? An instant loan…
Source: Live Mint Despite the ease and rewards of credit cards, sometimes you may want to cancel one. Here, we will answer frequently asked concerns as well as advice to help make the process of cancelling your Axis Bank credit card easy. What are credit cards? You can use a credit card provided by a…
Source: Live Mint Income tax rule: As 2024 ends, it’s clear that India’s financial sector has experienced significant income tax reforms. The Union Budget 2024-25 introduced impactful changes to personal income tax, further refined by announcements in July 2024. Effective for the current financial year (2024-25), these revisions will influence the deductions and exemptions taxpayers…
Source: Live Mint The Central Board of Direct Taxes (CBDT) has announced an extension for resident individuals to file their belated or revised Income Tax Returns (ITR) for the Assessment Year (AY) 2024-25. The original deadline of December 31, 2024, has been extended to January 15, 2025. This means individuals who missed the original due…
Source: Live Mint During the annual meet, Rajiv Thakkar, chief investment officer of PPFAS, along with the fund management team, addressed investor questions—whether at the stock level, sector level, or about the overall strategy and operations of the fund house. Here are five key takeaways for investors from the annual meeting. Focus on long-term returns…
Source: Live Mint (Bloomberg Opinion) — So we’re at the end of another record-breaking year for heat. It became “effectively certain” at the start of December that 2024 is going to be the warmest year on record and more than 1.5C above the pre-industrial baseline, according to the Copernicus Climate Change Service, part of the European Union’s Earth…
Source: Live Mint 3 key EPFO rule changes coming in 2025: The Employees’ Provident Fund Organization (EPFO) has made significant announcements regarding its rules and regulations affecting millions of subscribers. These new retirement fund policies will benefit employees in the public and private sectors. 1)EPFO and ESIC subscribers may soon use claim amounts via e-wallets…
Source: Live Mint RBI’s New Year Gift: Starting January 1, 2025, the banking sector will see changes, including new Reserve Bank of India (RBI) guidelines for fixed deposits (FDs) offered by Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs). The banking regulator released a regulatory framework for HFCs (Housing finance companies) and NBFCs (Non-banking…
