The FinTech Hub
Source: Live Mint Personal loans remain a popular tool for Indians to get money in a hurry for a variety of purposes, from medical emergencies to renovating homes. With several banks and financial institutions fighting with one another, it is necessary for an individual to be aware of the prevailing situation of interest rates and…
Source: Live Mint The government is contemplating rolling out a system to route and settle interest subsidies on education loans through digital currency wallets, Economic Times reported quoting bank executives aware of this. A system is being worked out to integrate the Central Bank Digital Currency (CBDC)-based subsidy system with the Unified Portal for Education Loan, one of the…
Source: Live Mint ITR filing 2025: The decision between the old and new tax regimes hinges on thoroughly understanding the available benefits. While the new tax regime is often characterised by its simplified slabs and lower rates, it doesn’t entirely eliminate opportunities for tax planning. By examining the remaining provisions, such as the standard deduction,…
Source: Live Mint Credit card frauds are on the rise in India, and most of them are happening through internet transactions. Rapid digitalization of payment services is also a crucial factor facilitating: credit card scams, loss of funds and identity thefts through numerous fraudulent transactions. There are some legal rights of the Indian citizens to…
Source: Live Mint I read online that to claim a tax refund under the proposed Income Tax law, the income tax return needs to be filed within the original given due date. If it is not filed within that date, a refund cannot be claimed even if the income tax return is filed on a…
Source: Live Mint Adverse tax assessments by tax authorities often result in additional tax liabilities, commonly known as “tax demand.” Under the Income-tax Act (IT Act), taxpayers must pay the tax demand within 30 days of receiving the demand notice. While they have the right to challenge an adverse order before a higher forum, the…
Source: Live Mint India has the highest population of all the countries in the world. India also is the fastest growing economy among all the major economies. It is common knowledge that humans are the real capital of any civilization. Also Read | How can building credit history in your 20s set you up for…
Source: Live Mint Amidst global economic uncertainties and fluctuating equity markets, fixed-income instruments are experiencing a surge in popularity among retail investors in India. From corporate bonds and G-Secs to Non-Convertible Debt (NCD) IPOs and NBFC Fixed Deposits, investors increasingly allocate 15% to 20% of their portfolios to these stable assets. Experts like Abhijit Roy,…
Source: Live Mint If you use a credit card and are obsessed with online payments at the same time, you may want to explore UPI credit cards. While UPI allows you to make payments directly via bank account, a credit card helps you make use of credit for carrying out transactions. UPI credit card, therefore, helps you…
Source: Live Mint I have listed shares and fixed deposits with a few banks in my HUF account. I have two sons and a daughter. All are married. After my death, how will the HUF assets be transferred to my son? Or should I dissolve my HUF now and distribute all the assets among my…
