The FinTech Hub
Source: Live Mint In today’s financial ecosystem, using a credit card has become more of a norm than a choice. At the same time, making payments through UPI – by and large – has surpassed debit card payments by a wide margin. The value of UPI payments spiked from ₹17.15 lakh crore in Oct 2023…
Source: Live Mint The Employees’ Provident Fund Organisation (EPFO) has made a net addition of 14.63 lakh members during November 2024, the Ministry of Labour and Employment said on Tuesday, citing provisional payroll data. There has been a 9.07 per cent increase in registered net members in November compared to October, while a 4.88 per…
Source: Live Mint Airlines require you to report at the airport a couple of hours before the flight departure timing. Early reporting is required to complete the security check, collect the boarding pass, hand over the baggage, etc. What if you complete all the above formalities and there is still some time for the flight…
Source: Live Mint There was a hue and cry after the Union Budget 2024-25 as the Centre increased the long-term capital gains (LTCG) tax on equity from 10% to 12.5%. However, since April 2023, the benefit of indexation has been taken away from debt-oriented mutual funds (MFs), and it is taxable at marginal slab rate…
Source: Live Mint Paying your credit card bills on time is extremely important to keep a healthy credit score and get better deals on your future borrowings. HDFC bank offers a wide range of credit cards which are a popular choice amongst people as these cards provide exclusive offers on travel, shopping, entertainment and even…
Source: Live Mint Your twenties is a pivotal time in life – a period of growth, exploration, and laying the groundwork for your future. Amidst the whirlwind of excitement and newfound independence, one often overlooked, yet profoundly significant aspect of adulthood is building your credit history. Establishing a strong credit history in your twenties can…
Source: Live Mint A good credit score is one of the pre-requisites for obtaining a loan. The credit score is mainly dependent on your credit report. But what happens if your loan application is rejected due to inaccuracies and outdated data on your previous loans in your credit report? The decision to grant a loan…
Source: Live Mint For S Anand, managing household expenses for her ageing parents had always been a challenge. Her father, a senior citizen, often hesitated to make digital payments himself, worried about entering incorrect details or navigating complex UPI interfaces. Anand found herself either making payments for him or transferring the money from her own…
Source: Live Mint The ease of lending based on an Aadhaar makes it easier to get small, personal loans. We have provided instructions on how one can get an ₹2,000 loan that is based on one’s Aadhaar card, combined with its pros and success hints, regardless of whether this is for something urgent or more…
Source: Live Mint I am 28 years old and have a portfolio worth ₹47.4 lakh, comprising ₹36.5 lakh in equities and the rest in mutual funds. I regularly invest ₹25,000 per month via SIPs, with a 10% annual increment in these contributions. With no liabilities, I am considering investing an additional ₹10 lakh, either in…
