The FinTech Hub
Source: Live Mint Vivad se Vishwas Scheme 2024: Taxpayers facing income tax disputes can choose to settle their tax disputes under the Vivad se Vishwas Scheme 2024. This scheme was announced in Budget 2024 and allows taxpayers to pay a lower tax amount. “Under this scheme, you must pay the disputed tax amount and a…
Source: Live Mint Implications for India’s monetary policy The Reserve Bank of India (RBI) faces a delicate balancing act. With the Fed signalling a slower pace of rate cuts in 2025, foreign capital inflows into India could diminish, especially as US treasury yields become increasingly attractive. This may prompt the RBI to consider steps to…
Source: Live Mint The landscape of international investments through exchange-traded funds (ETFs) in India has become increasingly complex, with investors facing unprecedented challenges in accessing global markets. Regulatory constraints and market dynamics have created a unique investment environment where overseas ETFs are trading at substantial premiums. The regulatory stranglehold The Reserve Bank of India (RBI)…
Source: Live Mint In the modern digital age, Amazon has become the preferred online retailer for everything ranging from groceries to electronics. It’s no wonder why we often shop there given its wide selection and easy usage. But it could be hard to choose the best credit card for your Amazon spending since there are…
Source: Live Mint Retirement planning is essential for ensuring financial security in the future. Adopting a proactive, planned investment approach can significantly aid in developing a solid corpus. Industry experts suggest that a person can create a diversified, growth-oriented strategy by combining instruments like systematic investment plans (SIPs) with government-backed programs like the Employees’ Provident…
Source: Live Mint The Pradhan Mantri Fasal Bima Yojana was started by the Indian government to aid farmers by providing them with financial support following a loss. By using the official website, farmers can report crop losses and receive compensation from the government. The program covers all crop losses brought on by natural disasters such…
Source: Live Mint Using a credit card for an expensive item is not unusual. People tend to use a credit card to buy almost everything ranging from a gadget to jewellery, and smartphone to flight tickets. Most banks invariably give a 40-45 day interest free period for making the payment. However, when the bill is…
Source: Live Mint The price of one Bitcoin is approximately ₹80 lakh today. So, if someone possesses 10,000 Bitcoin, his asset would be ₹8,000 crore in today’s scenario. A few years ago, Laszlo Hanyecz (Laszlo) made the first documented purchase of a good with Bitcoin when he bought two Domino’s pizzas for 10,000 BTC. That…
Source: Live Mint If you are planning to raise a personal loan, you may use a personal loan EMI calculator to ascertain the exact EMI you stand to pay across different interest rates. If you are short on money and do not have many options, it is advisable to check your personal loan eligibility. Typically,…
Source: Live Mint The Employees Provident Fund Organisation (EPFO) has extended the deadline for UAN activation and seeding of bank accounts to Aadhaar to avail the benefits under the ELI (Employment Linked Incentive) scheme to January 15. The earlier deadline for this was December 15 and the provident fund body has now issued a circular…
