The FinTech Hub
Source: Live Mint A recent report from the Indian Cyber Crime Coordination Centre reveals that digital financial frauds have cost India an astounding ₹1.25 lakh crore over the past three years. With the rising prevalence of such scams, Truecaller has introduced its fraud insurance policy in partnership with HDFC Ergo under its “Cyber Sachet” insurance…
Source: Live Mint Managing credit card bills can feel daunting, especially for newcomers to the world of credit. But don’t worry! Whether you prefer the convenience of online payments or the traditional touch of offline methods, we’ve got you covered. Paying your credit card bill on time is crucial—not just to avoid pesky late fees…
Source: Live Mint Achieving financial stability and prosperity involves more than just earning a good salary or making high returns on investments. It requires cultivating effective habits that align with your financial goals and help you manage your money wisely. In this article, we’ll explore essential habits that can enhance your financial life and set…
Source: Live Mint As the festive season approaches, it’s a prime time to explore investment opportunities that can lead to significant growth. Investors have a unique chance to capitalize on opportunities that promise high returns. Jyoti Bhandari, Founder and CEO of Lovak Capital, says that this period often sees increased consumer spending, making sectors like…
Source: Live Mint Every year, countless Indians find themselves entangled in the complexities of third-party motor insurance claims. Unfortunately, the current system relies heavily on the judicial process for settlement and cases often drag on for at least four years on average before they are resolved in a Motor Accident Claims Tribunal (MACT). This prolonged…
Source: Live Mint These historically conservative investors are increasingly looking to diversify their portfolios beyond traditional asset classes and fixed-income instruments to earn better returns while keeping risk in check. Read Full Article
Source: Live Mint The status of being a non-resident in India is determined under two different laws: income tax laws and the Foreign Exchange Management Act (FEMA). The first law impacts the taxability of income earned in India and outside India. The second one regulates investments and banking transactions in India. In this article, we…
Source: Live Mint When it comes to growing wealth, exploring diverse investment options is crucial, especially in a landscape where SME IPOs can be unpredictable. While SME IPOs may attract attention for their potential high returns, alternatives like mutual funds, stocks, ETFs, real estate, and REITs offer compelling benefits that can enhance financial security and…
Source: Live Mint NPS Vatsalya is a new initiative within the National Pension System dedicated to securing the financial future of children. Union Finance Minister Nirmala Sitharaman launched the NPS Vatsalya Yojana, which was announced in the July Budget 2024, on Wednesday, September 18. It will be managed under the Pension Fund Regulatory and Development…
Source: Live Mint Which of the three dates (date of allotment, date of registration, or date of possession) is taken as the date of purchase of a house property? I feel the capital gains exemption available under Section 54 is available for long-term capital gains. Is there any exemption available for short-term capital gains of…
