These 5 credit cards give free access to domestic and international airport lounges. Check list here | Mint

Travelling by air is not a luxury anymore for most urban dwellers. And when you take a flight to any domestic or international destination, it is usual to wait for an hour or longer at the airport. And for that, airport lounge comes handy. It is vital to note that each credit card has certain … Read more

How to convert large purchases made by SBI credit card into EMIs? A step-by-step guide | Mint

Did this ever happen that you bought an expensive product through your SBI Card and want to pay back in small monthly instalments? If that is the case, you can do that on the SBI Card’s website. Here we share a step-by-step guide for the same. Convert large purchases into EMIs I. Choose flexi pay: … Read more

Monthly SIP of ₹10K in this mutual fund since its launch would have grown to ₹3.18 crore now. Check how | Mint

Choosing a mutual fund requires careful planning and objective analysis of data including past returns. Here we examine the past returns of a mutual fund scheme i.e., Quant ELSS Tax Saver Growth fund which has arguably given good returns in the past 25 years of its existence. Sample this: If an investor had invested ₹10,000 every … Read more

Aiming for an 800 plus credit score? It may be possible if you take THESE steps | Mint

Aiming for an 800 plus credit score is a good financial goal as it can elevate your profile to the level of ‘extra ordinary’ people.  With this score, you can access best interest rates on loans, premium credit card offers, and very convenient terms on loans.  Here, we give a snapshot of tips that you … Read more

Kisan credit cards buck the trend, show decline in NPAs. Check details | Mint

In the last few years, the share of non-performing assets (NPAs) in Kisan Credit Card (KCC) accounts across various banking sectors has consistently declined, Union Agriculture Minister Shivraj Singh Chouhan has said. In a written reply to a question in the Lok Sabha, Chouhan said when it comes to scheduled commercial banks or SCBs, the … Read more

Income Tax: Last date to declare tax arreas under Vivad se Vishwas Scheme is April 30. Check details here | Mint

Central Board of Direct Taxes (CBDT) has notified April 30 as the last date, on or before which a declaration in respect of tax arrears can be filed by taxpayers under the Direct Tax Vivad se Vishwas Scheme, 2024. This declaration is meant to be made to the designated authority, the CBDT circular says. Income Tax … Read more

Credit score below 600: These are 7 key reasons responsible for it | Mint

Credit score plays an important role in securing a credit card or raising a personal loan on convenient terms. And when someone’s credit score is absymally low i.e., below 600, s/he finds it hard to get a loan at a low rate of interest. What will you do when your credit score is lower than … Read more

Credit card NPAs spiked 500% in past four years, shows RBI data. What is driving defaults? | Mint

Credit card usage has undoubtedly risen considerably in the past few years, primarily steered by increased consumer spending and the growing popularity of digital payments. However, non-performing assets (NPAs) in the credit card segment also spiked by 28.42 per cent to ₹6,742 crore during the 12-month period ended December 2024, the latest Reserve Bank of … Read more

Income tax calculator: How does it help you compute your payable tax? A user’s guide | Mint

If you are an income taxpayer and want to compute your total tax payable for the financial year 2024-25, you can use an income tax calculator to find it. The income tax calculator helps you calculate tax under both the old and new tax regime for all categories of taxpayers —individuals, firms, trusts, companies and … Read more

EPFO subscribers can now use face recognition to activate UAN, view passbook, other PF services. Details here | Mint

To simplify and to make the process of allotment and activation of UAN stronger, EPFO (Employees Provident Fund Organisation) has launched a number of features in the UMANG app while leveraging the face authentication technology (FAT). Now, EPFO subscribers can use this technology for allotment and activation of Universal Account Number (UAN). What are the … Read more