The FinTech Hub
Source: Live Mint I live and work in Dubai for a startup whose parent entity is in India. As part of my remuneration package, I had received employee stock options (ESOPs), which I exercised last month after a two-year vesting period. Will I be taxed for this in India since they are Indian company shares?…
Source: Live Mint Two important resources for managing your own financial affairs are your credit score and your credit report. But the landscape of credit scoring can be a bit confusing given the many forms of scores and reports that are out there. The many varieties of credit scores and reports are outlined in this…
Source: Live Mint It is quite essential to know about your creditworthiness in this fast world of finance. A responsible credit agency, CRIF High Mark, gives detailed credit reports to help in understanding the credit history. A credit report is the most essential tool that measures financial health. Therefore, for you to get a good…
Source: Live Mint The successful control of credit card usage requires proper understanding of financial terms that impact your monetary state. You should remember the financial term outstanding balance or outstanding amount. If you want to summarize all your liabilities to your credit card issuer you should call it your outstanding balance. This section examines…
Source: Live Mint Despite an increase in systematic investment plan (SIPs) contributions, the stoppage ratio of SIPs, which stood at 52.3 per cent last year, has spiked to 109 per cent in January 2025. Against 56.19 lakh new SIPs registered, 61.33 lakh were discontinued last month. This means more SIPs were discontinued in January 2025…
Source: Live Mint The new income tax bill, 2025, has transferred section 80C tax saving deductions to clause 123, in Chapter VIII in it with an intention of bringing ease and decluttering the tax structure. This has been detailed in the bill tabled by the Finance Minister of India in the Parliament on February 13,…
Source: Live Mint For instrumentation engineer Annamalai Ramanathan and his wife Meena Palaniappan, a finance professional, this is what life is like in Sweden. Thanks to the country’s social security benefits, the couple’s savings and goals are very different from those of the average Indian working couple. Though Sweden consistently ranks highly on quality of…
Source: Live Mint Kotak Mahindra Bank has slashed its interest rates on savings accounts effective February 17, 2025 soon after the Reserve Bank of India (RBI) reduced its repo rate by 25 basis points. Below are some important updates which all customers of the bank should know: What are Kotak Mahindra Bank’s new savings account…
Source: Live Mint A loan is generally needed for living a better life and meeting immediate requirements such as education, health, home purchases etc. Hence, if you are considering an HDFC Bank personal loan here’s a comprehensive guide: What is an HDFC bank Xpress personal loan? This is an unsecured loan. That is why you…
Source: Live Mint With the new tax regime becoming increasingly prevalent and more common, taxpayers stand to lose their eligibility to claim most of the exemption and deductions offered under various provisions such as sections 80C, 80D, 80DD and 80G under the old tax regime. Nearly 73 percent of taxpayers have already opted for the new…
