The FinTech Hub
Source: Live Mint Did you borrow money from a bank but now realise that you got a rough deal from it? You have realised that there are too many hidden costs or the rate of interest was raised unreasonably soon after? Or is there something else, which the bank has done that violates the line of…
Source: Live Mint Budget 2024 eliminated indexation advantages and rationalized capital gains tax on several products. With very few notable exceptions, we anticipate that this year’s budget will mainly continue in the same direction. As demonstrated by previous budgets, the administration will probably keep concentrating on fiscal consolidation. Union Budget 2025 wish list Streamlining the…
Source: Live Mint Have you ever come across someone who is not eligible for a credit card because they have a poor or no credit history to build credit. Or the applicant has an income which is lower than the minimum eligibility criteria for the card? Well, this is not unusual. In such cases, banks tend…
Source: Live Mint Financial emergencies are something that can strike at any time. While we cannot prevent them, what we can do is stay prepared with an emergency fund and cushion their financial impact. In this article, we will understand what an emergency fund is, how much it should be, and whether you should rely…
Source: Live Mint As the Union Budget 2025 approaches, the cryptocurrency industry in India anticipates a more favourable tax and regulatory environment. India has consistently ranked among the top nations in crypto adoption. However, the sector still faces challenges from the 2022 Union Budget, which imposed higher taxes, including a 1% TDS on crypto transactions…
Source: Live Mint ITR deadline today, January 15, 2025: Taxpayers must noted that today is the deadline for filing your income tax returns (ITR) if you missed the original date or are submitting a revised return for the assessment year 2024-25 (AY2024-25). Originally, the deadline was set for December 31, 2024. However, the Central Board…
Source: Live Mint Getting an urgent loan in India can be very challenging, especially for people who have bad credit. Low-rated applicants with a history of previous failures like defaults or non-payment are declined by most of the lenders. Sometimes, it becomes crucial to have money today. Despite this, a poor credit score has nothing…
Source: Live Mint I will be adding unclaimed interest on my home loan to the cost of acquisition. Should I add indexed cost or absolute cost of unclaimed interest while calculating capital gain? – Name withheld on request Various high court and tribunal decisions have favoured allowing unclaimed home loan interest to be included in…
Source: Live Mint Imagine you’re shopping for shoes on Amazon. You start with thousands of options but gradually narrow your search using filters like category, colour, size and material until you find the perfect pair. This process mirrors the concept of factor investing: using specific criteria, or factors, to filter and select investments. What are…
Source: Live Mint A flexi personal loan is similar to a credit card, it is a flexible financial tool. Instead of receiving a lump sum payment, borrowers are given a pre-approved credit limit that they can use as needed. This strategy offers flexibility in borrowing and repayment, which makes it a great option for handling…
