The FinTech Hub
Source: Live Mint 8th Pay Commission salary hike: Days ahead of budget 2025, the Union Cabinet has approved the 8th Pay Commission to revise salaries of almost 50 lakh Central government employees, Union Minister Ashwini Vaishnaw announced on Thursday. The 8th Pay Commission will not only lead to salary hikes for Central government employees and…
Source: Live Mint Life is unpredictable and financial emergencies tend to appear when they’re least expected. Securing a loan in such situations may not be easy especially if you have a poor credit score. A bad credit score increases the risk for the lenders to provide you with the loan. However, even if you have…
Source: Live Mint The protagonist, a farmer from a small town near Bengaluru, is now facing a staggering ₹69 crore tax demand. The man did not wish to be identified, so we will refer to him as AN for ease of narration. What began as a brief stint in futures and options (F&O) trading a…
Source: Live Mint A good credit score of 750 and above is one of the eligibility criteria for getting a credit card or other credit instruments like loans. But what if you have started working recently and have never availed of a credit instrument? In such a case, your credit score will be -1, which…
Source: Live Mint Rajiv faced simultaneous challenges – dipping cash flows in his business and the legal claim that threatened his personal savings. His story underlines a critical lesson for Indian business owners: the importance of ring-fencing personal and business assets. Even after his diligence in expanding his business, Rajiv’s financial strategies were reactive. His…
Source: Live Mint Planning an international trip is a thrilling journey. Selecting a destination, crafting an itinerary, and anticipating each step fills you with excitement. The thought of immersing yourself in diverse cultures, savouring unique cuisines, and creating cherished memories is truly exhilarating. Yet, it’s equally crucial to handle your finances thoughtfully during your travels….
Source: Live Mint To address such scenarios, the Securities and Exchange Board of India (Sebi) has rolled out revamped rules that allow nominees to manage the accounts of physically incapacitated investors without requiring a power of attorney (POA). Announced on 10 January, these rules aim to provide families with a financial safety net. However, experts…
Source: Live Mint Purchasing a car is a major financial commitment, and the idea of using a credit card for the payment may seem appealing, particularly if you’re aiming to earn rewards. While this method can offer benefits, it’s essential to weigh the pros and cons carefully. This blog will guide you through the important…
Source: Live Mint I have been diagnosed with diabetic retinopathy. The doctor recommends intravitreal injections over a few months. It’s a daycare procedure and doesn’t require hospitalisation. However, it is an expensive treatment. Will my health insurance cover the expenses? -Name withheld on request Insurance coverage for intravitreal injections, an essential treatment for diabetic retinopathy,…
Source: Live Mint New LTC rule: The Centre has allowed its employees to travel through Tejas, Vande Bharat and Humsafar trains under Leave Travel Concession (LTC), reported PTI citing an official order. The new development comes after the Department of Personnel and Training (DoPT) received several requests from different offices and individuals regarding the admissibility…
