The FinTech Hub
Source: Live Mint I have recently shifted my residence to Dubai. I’m a beneficiary along with my brother in a trust settled by my father in India. The trust owns a residential house along with some fixed deposits (FDs). Both my parents as well as my brother continue to live in India. Last month, the…
Source: Live Mint India’s travel and tourism sector has grown rapidly in recent years. On a trip, whether an official or family vacation, the major expenses usually include travel tickets, hotel accommodation, food, etc. When it comes to hotel accommodation, there are certain credit cards where the reward points can take care of the stay….
Source: Live Mint If you missed filing your income tax return (ITR) before July 31 then you do not need to fret! You can still file your tax return before December 31. For the financial year 2023-24 (AY 2024-25), while the last date of filing income tax return for individual taxpayers was July 31, one…
Source: Live Mint If you are planning to invest in a mutual fund, then it is recommended to examine the past returns of that scheme vis-a-vis other schemes in the same category. The past returns give a fair idea of how that scheme has performed over a period of time, thus giving an indication of…
Source: Live Mint Selecting an insurance plan can be a hassle. You need to choose the insurance company and then the insurance product. Certain ratios play a key role when comparing insurers. We list the best insurers in terms of different ratios, along with brokers’ ratings depicting their experience of working with insurers, based on…
Source: Live Mint Open for public feedback until 3 January 2025, the proposal emphasizes inclusivity while reinforcing market integrity through stringent safeguards. Decoding the proposal Sebi’s draft framework outlines key measures to make algo trading accessible yet accountable. Retail investors will be able to participate through brokers, who must obtain exchange approvals for each algorithm…
Source: Live Mint Self-employed individuals can avail of personal loans by providing their Income Tax Return (ITR) documents as proof of income. Banks typically assess their income tax returns (ITRs) to assess their financial stability, repayment capacity, and eligibility. If you want to procure a personal loan, you need to gather an income tax return (ITR)…
Source: Live Mint If you carry a credit card from India while travelling abroad and use it at a merchant overseas, you should remember that you will be charged a conversion mark-up fee. This mark fee typically varies between 1.5 to 3.5 percent of the converted Indian currency. Over and above of this conversion mark…
Source: Live Mint If you are short of funds and urgently need money to cover an unanticipated expense, you can rely on a personal loan. Although personal loans have lately caught a fancy with the young people in India there is another category of loans which are gradually foraying into the middle class ecosystem. We…
Source: Live Mint Since April 2023, fresh investments in the growth option of debt mutual funds have been taxable at the marginal income tax rate for short-term capital gains (STCG). For most investors, this is 30% plus surcharge and cess. The dividend option, now called income distribution cum capital withdrawal (IDCW) option, was already taxable…
