[ad_1] Getting carried away while using your credit card is quite normal and you may end up spending more than you can normally afford. Some credit card issuers such as SBI Card give an option of converting large purchases into smaller more manageable instalments. If you use a card issued by SBI Card, you are…
[ad_1] Are you planning to apply for a personal loan? If yes, make sure that you take necessary steps which can maximise your chances for loan approval. These tips include maintaining a stable income, keeping your debt down, choosing the right lender and so on. Here, we share some key tips that can help you…
[ad_1] The Reserve Bank of India (RBI) has recently reduced the repo rate by 50 basis points. This gives the home loan borrowers a timely chance to recheck, replan and decide on their repayment strategies. In such a case lowering your Equated Monthly Instalments (EMIs) can immensely ease your financial burden and result in significant…
[ad_1] While all these vehicles pool investors’ money for investment and are regulated by the Securities and Exchange Board of India (Sebi), they are governed by different sets of regulations — and taxed under strikingly different rules. This fragmented approach has created opportunities for tax arbitrage, where investors can choose routes that offer more favourable…
[ad_1] They deducted the tax at source at the higher 31.2% rate (includes cess) applicable to non-resident Indian (NRI) sellers and submitted it to the tax authorities on time. However, they missed one additional step: filing an e-TDS return. Consequently, the couple, who did not wish to be named, was slapped with a penalty of…
[ad_1] Vivad se Vishwas Scheme, meant to reduce pending income tax litigation, among other things, will finally close on April 30. Broadly, this is a dispute resolution mechanism in respect of pending income tax litigation for taxpayers. The income tax department promises peace of mind to taxpayers, certainty and savings on account of time and resources…
[ad_1] Despite volatility in the market, the value of assets held by individual investors in mutual funds jumped 21.02 percent in the past one year from ₹33.31 lakh crore in March 2024 to ₹40.31 lakh crore in March 2025, the industry trends data released by AMFI (Association of Mutual Funds in India) shows. The value…
[ad_1] MobiKwik, which offers a wide range of payments and financial products, has announced a strategic partnership with Poonawalla Fincorp to offer instant personal loans. This collaboration aims to promote quick access to credit for millions of Indians through MobiKwik’s ZIP EMI product. The partnership enables MobiKwik app users across India to access instant personal…
[ad_1] I was born and raised in Dubai and currently reside in the UAE, where I run my own business. I still hold an Indian passport. I want to donate to an NGO in India, in which one of my relatives is a trustee. Do I have any tax or other reporting obligations in India? …
[ad_1] Much of this transition has been lauded for its ability to bring the unbanked into the formal banking system and for making financial transactions seamless, transparent, and accessible. However, this transformation has not been uniformly experienced across demographics and population. One segment that remains noticeably absent in this digital narrative is India’s elderly population….