The FinTech Hub
Source: Live Mint To continue receiving pensions, all central and state government pensioners must submit their life certificates (Jeewan Braman patra) every year by the end of November. With the advent of technology, submitting a life certificate has become simpler. Pensioners have three options for submitting their Jeevan Pramaan Patra: in-person, online, or through doorstep…
Source: Live Mint Savvy investors can turn market downturns into tax advantages through loss harvesting in a bear market. Tax loss harvesting is a tactic smart investors use to profit from market declines. This technique enables individuals to sell underperforming stocks during a down market, resulting in losses that can be used to offset capital…
Source: Live Mint Fin One, a digital-first project by Angel One Limited, has provided insightful information about the changing financial habits of Gen Z and Millennials in India. It has unveiled its Fin One: Young Indians’ Saving Habits Outlook 2024, offering valuable insights into the evolving financial behaviours of Millennials and Gen Z across India….
Source: Live Mint I have lived in the UK for the past 15 years. I came back to India on 15 October 2024 to take up employment. Do I have to file my Income Tax Return (ITR) in India next year? For a person who is a resident of India under the tax laws, his…
Source: Live Mint Just like other insurance coverage, credit cards also offer insurance to the card users. A credit card insurance covers a range of eventualities such as travel delay, trip cancellation, credit card shield and fraud protection. It is vital to note that a credit card user does not need to pay anything extra…
Source: Live Mint I resigned in August 2024 and received leave encashment as part of my final settlement. While making the payment, the employer deducted tax on the full amount of leave encashment, contending that I had resigned and not retired. Is my employer right to deduct tax on leave encashment, as I understand this…
Source: Live Mint A systematic investment plan (SIP) provided by mutual funds enables investors to contribute consistently and systematically to their financial objectives. By regularly making tiny, fixed-sum investments, investors can progressively accumulate wealth without requiring a sizable initial investment. Mutual funds offer a practical means of building a diverse portfolio by pooling funds to…
Source: Live Mint MFCentral (mfcentral.com), a mutual fund transactions platform jointly run by Computer Age Management Services Limited (CAMS) and KFin Technologies Limited (KFintech), has finally been converted into a separate joint-venture company. The platform, which has 2.5 million users, is run by registrar and transfer agents (RTAs) – Sebi-registered firms that provide services to…
Source: Live Mint Before investing in a mutual fund scheme, it is common among investors to examine the past returns. often than not, these returns are merely indicative, however, they are seen to be setting the tone of a scheme in the future. Here, we take a look at the returns delivered by flexi cap mutual funds…
Source: Live Mint Benchmark indices have fallen over 10 percent from their peak, retail investors have started feeling pangs of the market correction. This is enough to dissuade scores of retail investors from continuing to invest. Nifty has fallen over 10 per cent from its record high of 26,277, while the Sensex slid over 8,500 points…
