As the new finance year (2025-26) has kicked off and majority of salaried individuals are likely to go with new tax regime. They tend to believe that they have a lower incentive of investing in tax-saving instruments such as Public Provident Fund (PPF). It is important to note that investment in PPF may not give … Read more
Market in freefall: Stock markets in India and abroad have declined considerably in the past few days due to US President Donald Trump’s announcement of imposing reciprocal tariffs on its trading partners. The US administration has announced a 27 per cent tariff on imports from India. On Friday, the Sensex closed 1.22 per cent lower, … Read more
With market being extremely volatile in the past few weeks, retail investors’ confidence as well as risk appetite has hit low. Benchmark index Nifty50 closed 1.49 percent lower on Friday. The index now hovers around 12.8 percent lower than its peak of 26,277 which it hit on September 27 last year. Retail investors, meanwhile, can … Read more
Do you love to eat out often? Remember that the latest rates of Goods and Services Tax (GST) took effect on April 1. As per the new rates, customers may have to pay either 5 per cent or 18 per cent based on where the restaurant is located and whether it is part of ‘specified’ … Read more
Investment advisors (IAs) and research analysts (RAs) can charge their fees in advance for one year instead of three months earlier, the Securities and Exchange Board of India (Sebi) said in a circular. Sebi has received a number of representations regarding the restrictions on advance fees. According to stakeholders, the three-month limitation disincentivises RAs and … Read more
There was a time when South action films showed up at single screen theatres like Aurora in Bombay and fans learnt to say, ‘En Vazhi, Thani Vazhi’. And young men in the South learnt the joy of ‘Palat…Palat’ But this horrendous sambhar flavoured misal pav ends up making you want to never buy a First … Read more
Personal loan: If you are planning to raise a personal loan from a bank or a non banking financial institutional (NBFC), it is vital to compare the interest rates charged by different institutions. Typically unsecured loans are given at fixed rates of interest. This means when a loan is taken at 11 percent interest rate, it will … Read more
With the new financial year FY2025-26 starting today, on April 1, 2025, we take a look at what changes for you in terms of online payments, GST rates, income tax slabs, bank balance, LPG cylinder prices, TDS, tolls, credit cards, and more. Citizens and taxpayers have to be alert about new income tax rules, new … Read more
Not being in the pink of financial health could prompt you to take out a personal loan. And if your financial situation is bad, you may get tempted to take out a personal loan in a jiffy. Although it is not recommended to borrow money without exercising due caution, but if you cannot help doing … Read more
Are you planning to apply for a credit card but worried about its prohibitively high annual fees? If that is the case – you should bear in mind that there are a slew of cards which do not levy any annual fee at all. Here, we list out five of these credit cards which do … Read more