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Source: Live Mint Read this | Investing in 2025: How often should you rebalance your portfolio? Much like the “Impossible Trinity” in economics, the Fixed Income Trinity highlights that optimizing all three elements simultaneously is unfeasible. Investors must prioritize two, inevitably compromising the third. Fixed Income Trinity explained The Trinity revolves around three key aspects:…
Source: Live Mint I am a married man, 35 years old, and have two minor children. Neither my wife nor I own anything substantial at this time, but we have nominees for some bank and demat accounts, PPF, etc. We have been advised to create a will, but we feel we are too young for…
Source: Live Mint The importance of the housing sector to India’s gross domestic product (GDP) cannot be overstated. The major employment generator is expected to contribute 13% to the national GDP. With the Union budget being around the corner and the emphasis that the current dispensation is laying on the real estate sector, there is…
Source: Live Mint Investing in a mutual fund consistently can yield good returns. In fact, consistency is the key to investment and wealth generation. An investment made over a long period of time gives the benefit of compounded returns. Compounding is so potent that it is sometimes referred to as magic. This is how it works: when…
Source: Live Mint Confused about Hindu Undivided Family (HUF) units? This guide answers the most common questions about their tax advantages, formation, income types, and legal intricacies. Get expert insights on how to effectively manage your HUF for maximum tax savings and compliance. Read Full Article
Source: Live Mint With only two days to go before the deadline to file revised income tax return (ITR) for FY 2023-24 expires, taxpayers can claim tax rebate under section 87A. Notably, the income tax department recently released excel utilities for ITR forms ITR-2 and ITR3 to exercise the option to claim rebate u/s 87A. However, you have…
Source: Live Mint Do you regularly check your credit score at one of the four credit bureaus in India such as CRIF High Mark and Experian? If not, it is important that you do it on a regular basis. It is often recommended to individuals to check their credit score at least once in a year in…
Source: Live Mint Q. I am a Senior Creative Director working with a marketing agency in Bengaluru. I have been investing in large-cap index mutual funds for the past 4 years. I plan to diversify my portfolio and invest in other categories. Many of my acquaintances have suggested that I invest in quant funds. However,…
Source: Live Mint Credit cards are a great way to save on your expenses and become a smart spender. In today’s times, credit cards are no longer just an add on to your luxury but have become a necessity. The flexibility and convenience of paying through credit cards makes it a popular choice amongst users….
Source: Live Mint The Federal Bank has revised its fixed deposit interest rates starting Jan 10, 2025. Now this private bank offers up to 8 percent interest rate per annum on its FDs. The highest interest rate is now given on a tenure of 444 days. The highest rate is 7.5 percent for general citizens and 8…
