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In Mumbai, a HUF seeks to partition assets following the father's death. Under Mitakshara law, married sons' received assets are considered individual
Ganesh Chaturthi signifies the start of India's festive season, highlighting financial reflection and growth opportunities. Consumer spending is proje
A few banks, including Kotak Mahindra Bank and Bank of Baroda, offer senior citizens an interest rate of 7.6 per cent on their three-year fixed deposi
Retail investors often assume that bonds are safer than equities. While this is generally true, bonds come with their own set of risks, including loss
Mutual Funds: If an investor were religiously consistent in their investment in Quant Multi Asset Fund since the scheme’s launch (i.e., April 2001),
Wealth advisors suggest that having more than one option to choose from is a good thing from a retiree’s point of view. They will soon be able to ch
The Sukanya Samriddhi Yojana (SSY) continues to be a popular investment option for parents seeking to secure their daughters' financial futures.
Regardless of circumstances, one should not exceed the credit card limit even by a whisker. Here are the basics one should know before using a credit
Insurance companies have their underwriting processes. While some policies might include a mandatory medical check-up based on age, sum insured, or ot
The Central Board of Direct Taxes rolled out an electronic Dispute Resolution Scheme (e-DRS) last week for taxpayers with incomes below ₹50 lakh a
As SME IPOs continue to attract massive investments, caution is essential. Experts warn of potential pitfalls, with many stocks turning into penny sto
RentenPe introduces a Rent Credit Score and R-Card in Mumbai, allowing tenants to earn rewards and qualify for loans based on consistent rent payments
Smart beta strategies, applied to indices, aim for better returns by diversifying investments across sectors and capitalizations, potentially outperfo
From October 1, 2024, buyback proceeds will be taxed as dividends, shifting the tax burden from companies to shareholders. Companies will need to dedu
In terms of transaction value, the market is expected to nearly double during this period, expanding from INR 265 trillion to ₹593 trillion by FY 2
Credit Cards: Credit limit enhancement offers from the bank help you lower the credit utilisation ratio, apply for premium cards, and during times of
Exemptions under Sections 54 and 54F can be claimed in the same year if conditions are met. However, purchasing a residential flat within one year of
Non-residents are subject to both the Income Tax Act and FEMA. Unlike income tax, which assesses residency post-factum, FEMA determines it instantly b
Teachers' Day 2024: One of the key objectives of investing is to achieve short-term and long-term financial goals which include, but are not limited t
Teachers’ Day 2024: Warren Buffett has often lauded Benjamin Graham — who was not only a good teacher, investor and mentor — but a generous pers
