The FinTech Hub
Source: Live Mint The taxation framework in India primarily focuses on individuals whose income is being assessed on an individual basis. Income earned from jointly owned property is taxed proportionately among co-owners based on their share in the ownership. There are, however, certain concepts such as clubbing of income or the concept of a Hindu…
Source: Live Mint Amid expectations the upcoming budget will address the issue, experts suggest steps such as reintroducing the faceless regime with personal hearings to handle complex cases, ramping up staffing, alternative dispute resolution mechanisms and mandating a one-year deadline to dispose of appeals. As per the Central Action Plan data, about 550,000 appeals were…
Source: Live Mint If you are looking for exciting discounts and deals on your favourite brands, then a co-branded credit card can be a great option for you. These credit cards are issued in collaboration with brands and provide exclusive reward points so that you can spend smartly without hurting your wallet. These credit cards…
Source: Live Mint If you want to get instant cash to cover your immediate financial needs then personal loans are a great choice. These loans have become popular as they have flexible repayment options with quick loan disbursement. These loans can be availed with minimal documentation and without collateral. If you are in need of…
Source: Live Mint While maintaining a positive outlook on IT, pharmaceuticals and chemical sectors, Varun Goel, Senior Fund Manager (Equity) of Mirae Asset Investment Managers says that he does not expect any major change in capital gains taxation or exemptions for mutual funds in Budget 2025. In an email interaction with Mint, he shares his views on investing in…
Source: Live Mint Credit cards are a great way to make smart transactions. With credit cards, you can have a luxurious lifestyle without burning a hole in your wallet. This is because credit cards provide you exclusive rewards, cashbacks and offers on almost all transactions done from the card. However, credit cards also attract certain…
Source: Live Mint A credit card is a financial instrument which almost every salaried person is expected to possess. It helps you make payments on credit and streamline your finances on monthly basis. As soon as young people start earning in a corporate job, they apply for a credit card in no time. It is,…
Source: Live Mint Inspired by developed nations, this progressive tax system is designed to promote fairness by imposing incrementally higher tax rates on higher income brackets. For instance, an individual earning ₹5,00,000 pays tax at 5%, while someone with an income of ₹7,00,000 is taxed 5% on the first ₹5,00,000 and 20% on the additional…
Source: Live Mint Have you ever wondered how a bank approves a personal loan within a few hours, sometimes within minutes, of applying? Is this because the bank knows you personally, or does the lender repose so much faith in you? Well, it could be the case but there is a process that works in…
Source: Live Mint Credit cards are now an integral part of modern money management, as they offer not only security and convenience but also opportunities to save cash and get rewards. You may maximize the benefits of your credit cards with the right strategies. Here we will look at valuable tips, tactics, and considerations to…
