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5 mins read

Ways to save more money after your monthly expenses

Let's say you earn ₹20,000 per month and wish to save at least 30% - which is ₹6,000. Here comes…

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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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4 mins read

Tax saving countdown – With 2 months to go, options to consider under 80C

Now that we have stepped into the new year, there are just three months left before the current fin…

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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

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4 mins read

Mis-selling trap – Why ULIPs are not for senior citizens

Haldar’s investment was hit during the 2020 market crash and he lost a big part of his savings. Plu…

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1 min read

Bandhan Bank hikes interest rates on fixed deposits

According to the statement from the lender, the revised FD rates are applicable for retail deposits…

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3 mins read

For a regular, steady income from investments, consider these options

Mutual funds are one of the best options to generate a regular income. Mutual funds offer a lot of …

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2 mins read

What happens if you forget to claim your fixed deposit proceeds after maturity? Explained

It commonly happens that people do not share basic financial information with their close ones or f…

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3 mins read

Explained: How to build a debt portfolio for the long term

Asset allocation is one of the chief tenets of investment. Basically, it means that your investment…

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3 mins read

RBI’s floating rate savings bonds – Decoding the investment option

Recently the Reserve Bank of India (RBI) revealed that it has set the annual interest rate for the …

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8 mins read

Explained: Is surrendering your moneyback policy a wise idea?

Meet Ms. Sharma, a working professional who, a decade ago, invested in a money-back policy. The pol…

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1 min read

Google Pay to let users open fixed deposits on its platform

Setu is an application programming interface (API) infrastructure start-up, which offers APIs ac…

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4 mins read

Fixed deposits back in vogue as crypto, stock market get hit by global headwinds

Not very long ago millennials investors were taking a dig at ‘baby boomers’ for keeping fixed depos…

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3 mins read

Have foreign assets or income? Not disclosing it may lead to heavy penalties

Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…

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1 min read

RBL Bank introduces Super Senior Citizen Fixed Deposits

RBL Bank has announced a launch of Super Senior Citizen Fixed Deposits Product, which will offer hi…

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1 min read

IDBI Bank revises interest rates on term deposits, introduces limited-period 500-day fixed deposit

IDBI Bank has introduced a limited period special 500 days deposit under the Amrit Mahotsav FD sche…

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3 mins read

Secure your future today: Here’s five reasons why retirement planning can’t wait

Retirement is a non-negotiable phase in one’s life – one where the absence of financial planning ca…

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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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4 mins read

Looking to file taxes on your own? Here is what you need to keep in mind

It is that time of the year again – when we have to file our taxes. While we can take the services …

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8 mins read

ULIPs are not for senior citizens — Here’s how to pick the right investments to secure the golden years of your life

In the last few days, Twitter has been awash with tweets about senior citizens being mis-sold ULIPs…