The FinTech Hub
Source: Live Mint Big marketplaces such as Facebook and Google demand full payment upfront for running ads, without any deductions. This is contrary to the very definition of TDS, said Lokendra Singh Tomar, a chartered accountant (CA) in Jaipur. “TDS provisions require the payer to withhold tax at the source, deposit it with the government…
Source: Live Mint In a gold rush, a few pioneers can strike it spectacularly rich while many other prospectors go home empty-handed. That may be an apt description for what’s transpiring in the asset management industry as companies rush to launch more actively managed exchange-traded funds amid surging demand from investors and financial advisors. Assets…
Source: Live Mint Best mutual funds: Wealth creation includes saving money for long term financial goals such as buying a dream house, retirement and children’s education. There are some solution-oriented mutual funds which help investors meet these specific financial goals over a period of time. There are essentially two categories of solution-oriented mutual funds: retirement…
Source: Live Mint The ArisInfra Solutions IPO has been scheduled to open for subscription on Wednesday, June 18, and will close on Friday, June 20. The ArisInfra Solutions IPO date for allocation to anchor investors is scheduled to take place tomorrow (Tuesday, June 17). The ArisInfra Solutions IPO price band has been fixed in the…
Source: Live Mint In the dynamic world of investing, market cycles are inevitable. From economic booms to downturns, bull runs to bear markets, navigating these cycles requires more than just patience. It demands a well-thought-out strategy that evolves with the times. One of the most critical aspects of portfolio management is having the right equity,…
Source: Live Mint Most banks award reward points on most credit cards, except for some cards on which they give cashback. The reward points are versatile and can be redeemed against various options. It gives the credit cardholder the flexibility to use the reward points for various purposes depending on the need at the time…
Source: Live Mint Samay Project Services IPO: The initial public offering (IPO) of Samay Project Services, an engineering, procurement and construction (EPC) firm, kicked off for subscription on Monday, June 16, with an aim to raise nearly ₹15 crore from the initial share sale. The SME IPO saw decent demand from investors despite a lacklustre…
Source: Live Mint ITR 2025: The income tax return (ITR) filing season is back and taxpayers are busy arranging documents for filing of their return. Here, we list out top 7 things that salaried taxpayers should be aware of as they go through the maze. These key points include the reasons which influence the choice…
Source: Live Mint As digital banking gains popularity in the country, a parallel rise in cyber crimes and financial scams, especially KYC fraud has authorities and banks on high alert. KYC simply means Know Your Customer. Basic concept of KYC fraud The fraud related to KYC basically involves tricking individuals into revealing critical personal or…
Source: Live Mint Infibeam Avenues share price jumped over 5% on Monday after the company shared an update regarding its rights issue. Infibeam Avenues shares rallied as much as 5.13% to ₹22.95 apiece on the BSE. Infibeam Avenues said its Rights Issue Committee will meet on 19 June 2025 to consider and approve various terms…
