The FinTech Hub
Source: Live Mint I am a US citizen and have stayed there for more than 25 years. I have now retired and returned to India in May 2024. I will start receiving social security benefits from the next calendar year. Do I need to include this income in my Indian income tax return?—Name withheld on…
Source: Live Mint Credit cards are a very under-rated tool in the financial services industry. It is a tool that can reward you handsomely if used wisely for your day-to-day expenses. Credit cards range from beginners to luxury cards that can reward you handsomely. The rewards can range from cashbacks to flight tickets (from economy…
Source: Live Mint The concept is simple: For those living in apartments without enough space to install solar panels, SundayGrids helps you buy solar panels that are put up elsewhere. The electricity generated by these offsite panels is credited against your electricity bill. It’s a novel solution that makes users feel like they have solar…
Source: Live Mint A lot has been discussed about active versus passive mutual funds, and how to choose between their categories. With many active funds, especially large-cap ones, struggling to consistently outperform their benchmarks, investors are increasingly turning their attention to passive funds. But did you know that within the passive large-cap space—the top 100…
Source: Live Mint Receiving a gift, whether it’s cash, property, or a sentimental item, is always a delight. However, not all gifts come without strings attached – some may bring a tax bill along with them. Gift-giving is a cherished part of Indian culture, often reflecting love, respect, and generosity. While many gifts are modest,…
Source: Live Mint We are in a phase of economic evolution where social security for oneself and family is achieved and shaped largely by individual financial planning and efforts rather than as a community mechanism, although a small part may be facilitated by government-backed mechanisms like the Employees’ Provident Fund, which does not cover the…
Source: Live Mint Whenever you fall short of money or stare at a sudden shortfall, all you typically think of is to raise a personal loan. There could be a slew of reasons to raise a personal loan. You might want to buy an expensive gift for your partner, or there could be an urgent requirement…
Source: Live Mint If you are planning to subscribe to a credit card and believe that a credit card will only help you borrow credit to make payments for a slew of products and services then you are mistaken. There are a range of other services also that a credit card offers including fuel surcharge waiver,…
Source: Live Mint Are you planning to apply for a new credit card but struggle to get a credit score good enough to procure a card? Well, you are not alone. This problem is quite prevalent. There could be a lot of reasons for the poor credit score, also known as CIBIL score. And once…
Source: Live Mint I am a non-resident Indian working abroad. I plan to return to India and live and work here for at least a few years. Am I allowed to keep my local Indian bank accounts? Do I need to open non-resident external (NRE) or non-resident ordinary (NRO) accounts? Should any income from India…
