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Source: Live Mint Unlike direct investment in stocks, which involves cumbersome account setups, regulatory complexities, and high costs for Portfolio Investment Scheme (PIS) or Non-PIS demat accounts, mutual funds offer a streamlined and cost-effective alternative. Mutual funds also allow a person to spread risk across market caps, sectors and asset classes, providing NRIs with professionally…
Source: Live Mint The deadline to file income tax returns (ITR) by corporates and individuals requiring audit for the financial year 2024-25 is November 15, 2024. The deadline was set for October 31, 2024, initially, but was extended to November 15. Any further extension to this deadline is unlikely. This income tax return submission is…
Source: Live Mint Passive income is both a dependable financial safety net and a catalyst for future expansion. However, the first critical step is to maintain a clear boundary between personal and business finances—this foundational strategy enables sustainable growth and effective financial management. Also Read: Thank digital tools for small businesses going formal on their…
Source: Live Mint Children’s Day 2024 celebrates the innocence and potential of every child. For parents, the occasion can be an opportunity to rethink their future planning for their kids. Sound planning requires well-calibrated and smart investments in options like mutual funds, fixed deposits and other schemes. Multiple government schemes have been launched for parents…
Source: Live Mint With the shift towards digital payments, the credit card landscape has evolved, too. Along with the rapid changes in the credit card space, there is a need for enhanced security measures. The EMV chip technology or credit card security chips is one such measure. What is EMV chip technology? Europay, Mastercard, and…
Source: Live Mint Many people buy credit cards to earn rewards and cash back and benefit from the same. Undoubtedly, they are a great choice for people who can manage them. However, a lot of people struggle with missed deadlines and managing multiple cards at once seamlessly. Credit cards can be managed easily with the…
Source: Live Mint Gold Exchange-Traded Funds (ETFs) are attracting attention from investors as global uncertainties, geopolitical tensions, inflationary pressures, and market fluctuations drive interest in the yellow metal. Along with gold mutual funds and bonds, ETFs are a smart option for investing in gold. Among these options, gold ETFs have witnessed a surge in demand…
Source: Live Mint Your credit score is an important indicator of your creditworthiness, ability to repay loans, and overall financial health. Your credit score can help you get loans like a home loan to buy your dream house, a car loan to buy the car you always eyed or a personal loan to enjoy a…
Source: Live Mint ICICI Bank announced several updates to its credit card fees, set to begin on November 15, 2024. The changes cover finance charges, late payment fees, and additional transaction fees for education, utilities, and fuel. These adjustments come as ICICI Bank aims to streamline its charges in line with industry trends and to…
Source: Live Mint What followed was nothing short of a nightmare. Within an hour, the octogenarian received calls from people posing as Central Bureau of Investigation (CBI) officers from Mumbai. They alleged that his Canara bank account had been used to launder money. Oswal did not have an account with Canara Bank, but the scamsters…
