The FinTech Hub
Source: Live Mint I had invested in Sovereign Gold Bond (SGB). I opted for early redemption after the completion of five years. Are the profits made on such early redemption also tax-exempt, like redemption on maturity? Am I required to declare long-term capital gains on these bonds in my ITR2? A Sovereign Gold Bond (SGB)…
Source: Live Mint Weddings in India have transformed into extravagant celebrations, often leading couples to seek significant funding. Wedding season is about to start, and this is the time when people start applying for wedding loans. This requires a well-thought-out decision to recognise and avoid predatory lending. Post-wedding debt can feel daunting, but with a…
Source: Live Mint Close on the heels of HDFC Bank upgrading the eligibility criteria for its premium credit cards and SBI increasing interest rates for its credit cards, ICICI Bank has reduced the benefits for customers across credit cards. There will be no reward points on government-related spending on ICICI credit cards. The bank has…
Source: Live Mint Vasan Bala who gave us the unforgettable Mard Ko Dard Nahi Hota goes humongous budget with Dharma Productions’ Jigra. Alia Bhatt plays Satya, the problem solver for the family – carefully and emotionlessly she sends the poor girlfriend of the rich groom away to London to have his baby while he gets…
Source: Live Mint If you have multiple loans to service and want to repay them in one go, what would you do? Raising a fresh loan doesn’t seem like a rational thing to do. You can, however, opt for it if you want to retire the current loans and consolidate them into a fresh personal…
Source: Live Mint Are you a travel freak and love to explore new places? Or are you a young college student who likes to visit the country’s hinterland to interact with people from different regions? Else, do you desperately like to view, see and feel the things which your income may not support — but…
Source: Live Mint The company suffered a severe hacking episode last month in which a hacker using the alias “xenZen” created a website and Telegram chatbots to leak its policyholders’ sensitive personal data from names, phone numbers, email IDs, addresses to financial and health information. The hacker said Star Health’s chief information security officer Amarjeet…
Source: Live Mint Personal loan interest rates are an important issue to consider when borrowing money for personal reasons. These rates determine the cost of the loan and have a substantial impact on your monthly payments. Interest rates are usually represented as a percentage of the principal amount borrowed. Personal loan interest rates are influenced…
Source: Live Mint When considering a personal loan, one key factor to evaluate is the loan tenure, which refers to the repayment period agreed upon between you and the lender. Understanding the differences between short-term and long-term tenures is essential for selecting the option that best suits your financial situation. Also Read | Why do…
Source: Live Mint Credit cards offer a convenient way to make purchases without the immediate burden of cash, allowing you to delay payment until the next billing cycle. However, if not managed properly, they can quickly lead you into a debt trap. In this article, we’ll explore the risks associated with credit cards and how…
