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Source: Live Mint Income Tax (I-T) department released a statement recently saying that the taxpayers must e-verify their return as soon as they can. This is because an income tax return (ITR) is not considered valid unless it has been verified. The tax department’s message pointed out that taxpayers can still e-verify your IT return…
Source: Live Mint Before you invest in a mutual fund, it is natural to evaluate its past returns and compare the same with its peers in the same category. Although past returns do not guarantee a scheme’s future returns, they give an indication of a mutual fund scheme’s growth potential. Besides the absolute returns, investors…
Source: Live Mint How to become rich: Anyone can become rich; all it takes is knowing how to increase your wealth and be consistent. You can see your wealth increase over time by making wise investments, managing your money well, and consistently reinvesting your money. Developing wise financial practices as we move into 2025 might…
Source: Live Mint When raising a personal loan, lenders often urge the borrowers to opt for loan insurance. This is to make sure that any unforeseen circumstance does not prevent the borrower from clearing the loan obligation. Difficulty in loan repayment could arise due to unemployment, disability or even the borrower’s demise. Although it is…
Source: Live Mint If you are planning to raise a personal loan for any reason, such as for a wedding or a vacation, the process is quite simple and convenient. From exploring different options for instant loans to finally choosing the right lender – almost everything has turned extremely simple and convenient. What has made…
Source: Live Mint If you are planning to raise a personal loan then the bank would invariably ask you to submit several documents (unless it is a pre-approved loan) such as your salary slips, your bank statement and Aadhaar card, PAN, among others. Notably, if your documents indicate financial liquidity, the bank may even offer…
Source: Live Mint Did you file your income tax return (ITR) well in time before July 31 this year and are still waiting to receive your refund? Well, you are not alone. There are a large number of taxpayers who are perhaps in the same boat. Some have even expressed their grievance on social media,…
Source: Live Mint Raising a loan is not unusual anymore, particularly for salaried people, in today’s time and age. If you fall short of money while you are planning to go on a vacation or to buy jewellery, you can raise a personal loan. Additionally, if you need money to repay your current debt, you…
Source: Live Mint Conservative investors who refrain from investing in equity tend to invest in financial instruments that give assured returns. These instruments include post office schemes or small savings schemes. There are a number of small savings schemes that offer tax benefits along with assured returns to investors. Investments in these schemes not only…
Source: Live Mint The total assets managed by the mutual fund industry jumped nearly 40 per cent in a year to ₹68.05 trillion in November 2024, a 39.59 per cent jump over November 2023, according to the latest data from the Association for Mutual Funds in India (AMFI). Interestingly, the increase is primarily attributed to…
