The FinTech Hub
Source: Live Mint ITR Filing: Income Tax Department has now released forms 1 and 4 now for filing of tax return for FY 2024-25. The last date to file tax returns for individual taxpayers is July 31. There are two tax regimes under which the income tax return can be filed: old tax regime and…
Source: Live Mint Take the case of a man who died in his thirties without naming a nominee. He was married, but his wife is estranged from his parents. After his death, both sides filed claims for the provident fund and pension. “The employer says they will process the payment in favour of the wife,…
Source: Live Mint Zomato Q4 Results: Zomato, now known as Eternal, on Thursday, May 1, posted a sharp decline of 78% year-on-year (YoY) in its January-March quarter of the financial year 2024-25 (FY25) to ₹39 crore, largely on account of the accelerated investments in its quick-commerce business Blinkit. Moreover, the slowdown in the food delivery…
Source: Live Mint Personal loans help borrowers meet day-to-day needs and aspirations such as medical expenses, education costs, home reconstruction and other similar family or lifestyle-related requirements. Let us discuss five widely prevalent myths you should stop believing to make the most of your personal loan. Understanding these myths will boost your confidence and help…
Source: Live Mint Now that you’ve seen it, tell me doesn’t that sum up half the financial arguments you see online. You say mutual funds? Someone screams “stocks!” You say fixed deposits (FDs)? Someone else declares them useless. Apparently, on social media, picking one thing means trashing everything else—and nuance has left the chat. Here’s…
Source: Live Mint The three-month average cash level in active equity mutual fund schemes stood at 6.2% in March, the highest in over six years, and up from 5.7% in January and 6.0% in February, show data compiled by Elara Capital. The last time cash positions were this elevated was in November 2018, at 6.3%,…
Source: Live Mint New Delhi, May 1 (PTI) The RBI’s instructions on revised ATM usage cost have come into effect from Thursday under which banks can charge ₹23 per cash withdrawal once a customer exhausts the free permissible limit in a month. Earlier, banks were allowed to charge up to ₹21 per such transaction. Customers…
Source: Live Mint Adani Enterprises Q4 Results: Profit zooms 756% YoY to ₹3,845 crore on exceptional gains from Adani Wilmar stake sale Read Full Article
Source: Live Mint John C. Bogle, the visionary founder of the Vanguard Group, transformed the investment world with his advocacy of low-cost index funds. In his iconic book The Little Book of Common Sense Investing, first published in 2007, Bogle discusses decades of financial wisdom into thought-provoking and enlightening guidance for both retail investors and…
Source: Live Mint It is not uncommon to examine the past returns of a scheme before you decide to invest in it. Typically, investors assess the historical returns of a mutual fund scheme across different time lines before deciding to invest in it. Here, we assess the past returns of Parag Parikh Flexi Cap Fund,…
