The FinTech Hub
Source: Live Mint “Is the 30% hike on your in-hand salary?” the father asked. “It’s on the CTC. Increase in take-home can’t be too off-the-mark,” Sanjay replied. “Well, it depends on how the CTC is structured. How many components does it have?” “About ten. Five of these are new if I compare them to my…
Source: Live Mint Have you ever considered how we transitioned from cash and checks to the convenience of a plastic card? The history of credit cards is intriguing and has significantly influenced today’s financial landscape. From early charge cards to the modern credit cards we use daily, let’s explore the key milestones that have shaped…
Source: Live Mint Misplacing or losing a credit card can be a stressful experience, but it’s essential to act quickly to protect your finances. Here’s a comprehensive guide on the steps you should take if your credit card is lost or stolen. 1. Inform your bank immediately The first and most crucial step is to…
Source: Live Mint In today’s competitive financial landscape, securing a personal loan can be challenging. However, understanding the key factors that lenders consider can enhance your chances of approval. This article outlines effective strategies for improving your personal loan application, leading to a smoother and more successful borrowing experience. Understanding personal loans Personal loans are…
Source: Live Mint Credit card statements can often feel overwhelming due to the wealth of information they contain. However, grasping the details of your statement is essential for effective financial management. By understanding your statement, you can gain insights into your spending habits, identify any discrepancies, and make informed financial choices. What are credit card…
Source: Live Mint Among the many other provisions and laws of the land, Section 80DD of the Income Tax Act, 1961, (the Act) is a vital provision aimed at offering relief to those caring for disabled dependents. This section allows tax deductions for expenses related to medical treatment, training, and rehabilitation of dependents, as well…
Source: Live Mint NEW DELHI : October 2023-24 brought a tax shocker. The rate of tax collected at source (TCS) on the purchase of foreign tour packages and foreign remittances under the Liberalised Remittance Scheme (LRS), other than for education and medical purposes, was raised from 5% to 20%. Though this additional TCS outflow could…
Source: Live Mint Mint spoke to some young families to find out how they deal with the various costs associated with parenthood. View Full Image Graphic by Pranay Bhardwaj The Google family Google Llc employee Aman Narang and his wife Isha Aggarwal are parents to a 14-month-old son. While now in Gurugram, the couple was…
Source: Live Mint After keeping the benchmark interest rate unchanged for ten consecutive meets, Reserve Bank of India (RBI) is expected to cut the repo rate in the next monetary policy committee (MPC) meet scheduled in December. It is, therefore, recommended to lock your savings in fixed deposits (FDs) for as long as possible, argue…
Source: Live Mint You shout out all the Gabbar Singh dialogues, you know Veeru is going to be drunk atop the village water tank, you hold your best friend’s hand as Jai and Veeru celebrate the song of friendship. You travel in the local train after having watched Khosla Ka Ghosla, uncaring of the strange…
