I am Wealthy at 23

Currently, MFCentral only covers folios that have first holder PAN and mobile number same as the ones used during registration. Further, service requests are also not allowed for MF investments held in demat accounts from mint - Money https://ift.tt/39Vj1OE https://ift.tt/eA8V8J

Here is a list of banks that offer the highest FD rates for deposits up to Rs1 crore over various tenures from mint - Money https://ift.tt/39R3AqH https://ift.tt/eA8V8J

With a fair bit of planning and discipline, it is possible to break away from such a mode of life from mint - Money https://ift.tt/3kW5GvB https://ift.tt/eA8V8J

Do your online shopping in incognito or private mode to avoid prices of  purchases from being inflated from mint - Money https://ift.tt/3im0oYI https://ift.tt/eA8V8J

If you torture numbers enough, they will admit to what you want them to say from mint - Money https://ift.tt/3iiBNUr https://ift.tt/eA8V8J

It is generally a good practice to maintain independent coverage separate from an employer’s health insurance plan from mint - Money https://ift.tt/3B0FB49 https://ift.tt/eA8V8J

Interest rates on post office term deposits have been retained at 5.5-6.7% for tenors of one-five years from mint - Money https://ift.tt/3F0O61H https://ift.tt/eA8V8J

PPF will continue to earn 7.10%, the NSC will earn 6.8%, and Post Office Monthly Income Scheme Account will fetch 6.6% from mint - Money https://ift.tt/2Wqj2H4 https://ift.tt/eA8V8J

Here is a step-by-guide on how to avail SBI car loan from mint - Money https://ift.tt/3kU1HzP https://ift.tt/eA8V8J

Forex spreads and fees exact a steep toll on Indian immigrants and students in the US. Zolve is working with an Indian bank to secure a favourable deal for its customers. It earns its revenues from merchant discount rates on the cards from mint - Money https://ift.tt/3ojbscK https://ift.tt/eA8V8J

You can avail of a deductible equivalent to your base insurance policy and take a high sum insured under the new policy from mint - Money https://ift.tt/3CXAu5l https://ift.tt/eA8V8J

Debt funds offer some advantages over common fixed return options from mint - Money https://ift.tt/3COIZzI https://ift.tt/eA8V8J

As silver is bulkier than gold, the cost of storage of the metal could be higher, and, in turn, could raise the price of ETFs from mint - Money https://ift.tt/3ifeVoP https://ift.tt/eA8V8J

The best bet would be to go for a fund that invests in an international low-cost index fund, such as S&P 500 or Nasdaq 100 from mint - Money https://ift.tt/39Rdfxw https://ift.tt/eA8V8J

Instead of smoking five cigarettes a day, if you had instead put that money in a liquid fund, you would've saved almost 1 lakh over 3 years, says India's leading stock broker from mint - Money https://ift.tt/3ileQjB https://ift.tt/eA8V8J

Rights issues are a very popular way for companies to raise funds and can also be very beneficial for investors. Let’s understand what is a rights issue and how to apply for one from mint - Money https://ift.tt/3F0oimj https://ift.tt/eA8V8J

In the run up to the festive season, banks and home finance companies tend to slash home loan interest rates marginally and publicise their lowest rates of interest. Not many are aware that the lowest rates are offered only to the borrowers with a high CIBIL score. Let us decode what it means from mint - Money https://ift.tt/2Y2wqS0 https://ift.tt/eA8V8J

The first theme is BFSI, which, Manish says, will be in a very advantageous position owing to the rise in per capita income and penetration, driven by digital adoption, and with macroeconomic recovery from mint - Money https://ift.tt/3zLfY60 https://ift.tt/eA8V8J

Females are seeing a sharper decline in quantum of claims with 63.79% compared with men, with only 62.4%, in the year 2021-22 so far, compared with 2019-20 from mint - Money https://ift.tt/3iiGqxT https://ift.tt/eA8V8J

SBI special FD scheme for senior citizens -We Care -offers an additional 30 bps interest rate to the senior citizens on their FD for the tenor of 5 years and more from mint - Money https://ift.tt/3CWnygc https://ift.tt/eA8V8J

Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too from mint - Money https://ift.tt/39LzcxK https://ift.tt/eA8V8J

In respect of self-acquired property, a person has absolute rights to alienate, mortgage, gift, bequeath by way of a Will or transfer self-acquired property from mint - Money https://ift.tt/3kMwz4Z https://ift.tt/eA8V8J

A major change in the new regulations is the change in the definition of ‘employee’ from mint - Money https://ift.tt/39PP9CY https://ift.tt/eA8V8J

Auto-debit mandates for utility bills and payments for subscriptions are likely to get stuck under the new regime from mint - Money https://ift.tt/3ig3IEH https://ift.tt/eA8V8J

Individuals invest in different forms of gold depending on their financial goals. However, different forms of gold are taxed differently. Let’s find out more from mint - Money https://ift.tt/3EY82lA https://ift.tt/eA8V8J

Gold typically outperforms when markets are stressed, and climate-related risks are going to challenge all markets more often and more severely. Gold’s diversification potential is going to be increasingly relevant from mint - Money https://ift.tt/3F1cBeY https://ift.tt/eA8V8J

Cheque book holders of these three PSU banks can go through net banking, mobile banking or via bank branch to get new cheque book from mint - Money https://ift.tt/3CPnkaA https://ift.tt/eA8V8J

A person’s portfolio holds different types of assets based on her financial goals, and each asset class gives different types of returns, which is why a portfolio must have an ideal mix of financial products from mint - Money https://ift.tt/3kIOWYL https://ift.tt/eA8V8J

Our starting point  is to find stocks where we have conviction  and can deploy  money. Whatever is left, is in cash, says Rajeev Thakkar, CIO, PPFAS Mutual Fund from mint - Money https://ift.tt/3ETDtO2 https://ift.tt/eA8V8J

Besides dispensing cash, WLAs may also offer many other services and facilities to users. Such services include account information, cash deposit, bill payment, mini statement, PIN change and placing requests for cheque books from mint - Money https://ift.tt/2WfSEj1 https://ift.tt/eA8V8J

Patches to tax laws have made them extremely complex and inconsistent at times from mint - Money https://ift.tt/2Y6w8dt https://ift.tt/eA8V8J

Switching within the same AMC from a debt fund to an equity fund is effectively a redemption request from mint - Money https://ift.tt/3odMBHy https://ift.tt/eA8V8J

Children are covered under the exempted category of ‘relative’ as defined under the Income Tax Act from mint - Money https://ift.tt/3ocJ6Ba https://ift.tt/eA8V8J

INDmoney is a platform and not a broker. It connects the local banking channel with US brokers. Consumers' US stocks are managed by DriveWealth, and similar brokers, and they get a unique account with this entity from mint - Money https://ift.tt/3ALEqFK https://ift.tt/eA8V8J

Even customers of other banks can avail the OD facility from ICICI Bank, if they are registered as sellers with amazon from mint - Money https://ift.tt/3lZtldT https://ift.tt/eA8V8J

LTA or Leave Travel Assistance benefit can only be claimed for journey undertaken to any place in India from mint - Money https://ift.tt/3kGguOu https://ift.tt/eA8V8J

The riders offered by insurers provide benefits that are tailored to meet the needs of different people differently from mint - Money https://ift.tt/39Lxdtb https://ift.tt/eA8V8J

Here are some personal loan rates and other costs of the top private and public sector banks in India from mint - Money https://ift.tt/39U5sz3 https://ift.tt/eA8V8J

Tax exemption on capital gains can be sought in any of the following ways: by investing the LTCG in a new residential house situated in India; by investing LTCG in specified bonds or by investing net consideration in equity shares of an eligible startup from mint - Money https://ift.tt/3i8C2Sf https://ift.tt/eA8V8J

Do not get swayed by too-good-to-be-true offers. Stick to your repayment capacity from mint - Money https://ift.tt/3ith3K7 https://ift.tt/eA8V8J

It is applicable even if you are switching between det and equity fund within the same AMC from mint - Money https://ift.tt/3zC2mdi https://ift.tt/eA8V8J

New auto-debit rules for debit, credit cards from next month in which the cardholder will have the option to either disapprove or approve the transaction from mint - Money https://ift.tt/3D1Fl5N https://ift.tt/eA8V8J

If you are young and your goal is to invest for 15-20 years it is advisable to go for equity oriented schemes despite risk from mint - Money https://ift.tt/2XR5g0F https://ift.tt/eA8V8J

Post offices offer term deposits ranging from one year to five years from mint - Money https://ift.tt/3i9YV7D https://ift.tt/eA8V8J

Recurring deposit interest rate: RD investment is quite useful when an investor has an anticipated expense, like an important event approaching or an emergency medical expense, etc from mint - Money https://ift.tt/3o6ih1j https://ift.tt/eA8V8J

Cheque book holders of these three PSU banks are advised to apply for new cheque book as their existing old cheque book will become invalid from 1st October 2021 from mint - Money https://ift.tt/3zGYvMb https://ift.tt/eA8V8J

REITs investment is comparatively better than direct real estate investment as it gives more liquidity to an investor, experts believe from mint - Money https://ift.tt/39zEzjJ https://ift.tt/eA8V8J

Mutual fund calculator: A ₹50 lakh corpus requires ₹21,000 to ₹22,000 per month in SIP if the individual go by the average rate of expected return at 12 per cent for 10 years from mint - Money https://ift.tt/3CJYetx https://ift.tt/eA8V8J

If your interest from FD is below the tax exemption threshold of ₹5 lakh, your tax liability will be zero and by filing Form 15G with your bank, you will be exempt from TDS with respect to your interest income from mint - Money https://ift.tt/39z0Aiq https://ift.tt/eA8V8J

As you are investing in large cap, mid cap and small cap funds, it may not be necessary for you to invest in a sectoral fund. Sectoral funds are cyclical and carry additional risk from mint - Money https://ift.tt/39DLCIa https://ift.tt/eA8V8J

Getting bigger is a way for managers to cope with fee pressure, but mergers can be tough and product also matters a lot from mint - Money https://ift.tt/3CK01il https://ift.tt/eA8V8J

Twitter wrote in a blog that its tipping feature, called Tips, is rolling out to everyone with more payment options to choose from—even crypto from mint - Money https://ift.tt/3EMb4cL https://ift.tt/eA8V8J

Post office recurring deposit account: In case loan is not repaid till the maturity, loan plus interest is deducted from the maturity value from mint - Money https://ift.tt/39wOw18 https://ift.tt/eA8V8J

NRIs are allowed to purchase residential or commercial properties in India but they are not allowed to purchase any agricultural land, farm house or plantation property in India from mint - Money https://ift.tt/2W6mDtE https://ift.tt/eA8V8J

First, an individual must ask, can I do without this loan? Some loans are needed for important time-sensitive expenses, while others may be avoided by deferring or reducing consumption from mint - Money https://ift.tt/2ZtBKPl https://ift.tt/eA8V8J

Amongst the many features we will launch, there will be a zero base folio. Imagine a world where you don’t want to invest at all, but you want to be a mutual fund-ready investor from mint - Money https://ift.tt/2XU3Vq8 https://ift.tt/eA8V8J

No-cost EMI is an ecosystem between a retailer, bank and the customer. All three parties benefit from this scheme from mint - Money https://ift.tt/3nZfE1j https://ift.tt/eA8V8J

Analysts said lower interest rates announcements by banks are appropriately timed and will give the right fillip to flat sales from mint - Money https://ift.tt/3ukQVG1 https://ift.tt/eA8V8J

GST is applicable on freelancers if they meet certain criteria laid down under the tax laws from mint - Money https://ift.tt/3i3KK49 https://ift.tt/eA8V8J

Besides investing the change from rounded off amounts, the app users can set up fixed monthly investments, too from mint - Money https://ift.tt/3AE3QVN https://ift.tt/eA8V8J

With urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult—the main obstacle being cost from mint - Money https://ift.tt/2W7g0r3 https://ift.tt/eA8V8J

You can consider post office deposits as their rates are currently higher than bank deposits from mint - Money https://ift.tt/3EPsSUu https://ift.tt/eA8V8J

Like a bear preparing to hibernate, you should prepare yourself for retirement from mint - Money https://ift.tt/3lX1ATp https://ift.tt/eA8V8J

This article provides a broad overview to foreign students on some of the important tax aspects that they should keep in mind, like the tax residency status, tax implications and capital gains from mint - Money https://ift.tt/2W49mSm https://ift.tt/eA8V8J

The jump followed the asset management company's revision of the value of existing DHFL bonds upwards to ₹20.5 against zero earlier from mint - Money https://ift.tt/3kwrfTs https://ift.tt/eA8V8J

Infosys acknowledges the challenges the taxpayers faced and continue to face when using the new income-tax (I-T) portal from mint - Money https://ift.tt/3Cv3Aca https://ift.tt/eA8V8J

If your policy’s annual premium is considerably high, you also get an option of EMIs to pay your health insurance premiums from mint - Money https://ift.tt/3CHkTqB https://ift.tt/eA8V8J

When you are investing in one fund using a relatively low monthly systematic investment plan amount, it is important that you choose a fund that gives a ‘broad’ exposure from mint - Money https://ift.tt/3ESALZg https://ift.tt/eA8V8J

You can ensure the safety of investments by following simple guidelines from mint - Money https://ift.tt/3nXP5cJ https://ift.tt/eA8V8J

This week, HDFC joined SBI, Kotak Mahindra Bank, and Bank of Baroda in cutting home loan rates. These rate cuts are being offered to both salaried and non-salaried borrowers. Mint takes a look: from mint - Money https://ift.tt/39t121D https://ift.tt/eA8V8J

After this office order, pensioners who retired from 1st January 2020 to 30th June 2021, will get the same gratuity and leave encashment benefits as they would have got without freezing of DA from mint - Money https://ift.tt/3EHkUwf https://ift.tt/eA8V8J

The launch comes ahead of the festive season as Federal Bank aims to cash in on consumer credit demand, which is expected to peak around the festive season on the back of economic revival from mint - Money https://ift.tt/3CD9wA2 https://ift.tt/eA8V8J

For a transaction not subjected to STT at the time of sale, the capital gain shall be chargeable to tax at normal tax rates and not at 15% from mint - Money https://ift.tt/3CuF36W https://ift.tt/eA8V8J

The current bull run in financial markets is possibly a break from the past as households may have got into the bandwagon of self-fulfilling prophecy of a decent return on their investment, SBI Report says from mint - Money https://ift.tt/3u1ZSnl https://ift.tt/eA8V8J

Among debt instruments in India, there are various types of bonds available, with different features-duration, tax benefits, coupon rates and lock-ins from mint - Money https://ift.tt/3nYIzm3 https://ift.tt/eA8V8J

The onus of furnishing the correct information remains on the person filing and verifying the return of income from mint - Money https://ift.tt/3EEL9Ug https://ift.tt/eA8V8J

Rules that need the human element, such as those on hate speech, are not suitable for RaC from mint - Money https://ift.tt/3tXhwst https://ift.tt/eA8V8J

Any immovable property held for more than 24 months is classified as long-term capital asset and the taxable capital gain on them will be the sale consideration less expenditure, less the indexed cost of acquisition, less the indexed cost of improvement from mint - Money https://ift.tt/3lFW3jU https://ift.tt/eA8V8J

This is the fastest pace of addition in the history of the bourse from mint - Money https://ift.tt/39qb57Q https://ift.tt/eA8V8J

Just like SBI, HDFC home loan offer will be applicable to all new loan applications irrespective of the loan amount or employment category from mint - Money https://ift.tt/39lokXc https://ift.tt/eA8V8J

Among private banks, the best interest rates are offered by this bank  on savings accounts  from mint - Money https://ift.tt/3CqBvm4 https://ift.tt/eA8V8J

Experts say that the inflow into hybrid mutual funds can be a sign that investors are jittery about equity markets from mint - Money https://ift.tt/3AqYvko https://ift.tt/eA8V8J

A person’s portfolio holds different types of assets based on her financial goals, and each asset class gives different types of returns, which is why a portfolio must have an ideal mix of financial products from mint - Money https://ift.tt/2XGihKw https://ift.tt/eA8V8J

On the basis of the PoA, the lease deed can be registered before the concerned sub-registrar of assurances from mint - Money https://ift.tt/3AqZKQH https://ift.tt/eA8V8J

LTCL on sale of shares or equity-oriented MF units can be set off against  LTCG from mint - Money https://ift.tt/3CuSofD https://ift.tt/eA8V8J

Conmen modify customer care coordinates of a company on Google and use SEO to push their fake number at the top of the search results. Most consumers look up for a service provider’s customer care coordinates on Google. Frauds take advantage of this basic disposition of consumers. from mint - Money https://ift.tt/2Z8iK8F https://ift.tt/eA8V8J

If a non-salaried taxpayer switches to the new tax regime in the current assessment year, she will have the option to switch back to the old regime only once in her life from mint - Money https://ift.tt/3kpep9v https://ift.tt/eA8V8J

The Reserve Bank of India has been working on a phased implementation strategy for a CBDC and the pilot may be launched by the end of this year from mint - Money https://ift.tt/3EzasqM https://ift.tt/eA8V8J

Many taxpayers will benefit from tax-loss harvesting this year, as well as changes in the rules around charitable giving from mint - Money https://ift.tt/2XID6VR https://ift.tt/eA8V8J

It’s the largest investment many people will ever make—and the most emotional one. That can be a bad combination from mint - Money https://ift.tt/2Z4hi7g https://ift.tt/eA8V8J

Gold prices are sliding due to the strong US Dollar (USD) in the Forex market, say experts from mint - Money https://ift.tt/3hL69is https://ift.tt/eA8V8J

Banks have started informing their customers about the new rule on credit card, debit card auto-debit transactions from mint - Money https://ift.tt/39pLlIo https://ift.tt/eA8V8J

Car loans are usually of three to five years but some lenders may offer loans for up to seven years too from mint - Money https://ift.tt/2Zhhq3H https://ift.tt/eA8V8J

While it is better for NRIs to buy these policies in India, they can also buy term policies when they are abroad from mint - Money https://ift.tt/3kpKqOO https://ift.tt/eA8V8J

Putting off investing decisions for too long can be costly in the long run from mint - Money https://ift.tt/3hNqgwj https://ift.tt/eA8V8J

As per tax rules, the accumulated PF balance due and payable to the employee, i.e. balance to his credit on the date of cessation of his employment, is exempt from tax, if he has rendered continuous service for five years or more from mint - Money https://ift.tt/3CmgVTY https://ift.tt/eA8V8J

Building a corpus of ₹30 lakh in six years with a monthly SIP contribution of ₹20,000 will require your investments to register an annualized return of 23%, which is not realistic from mint - Money https://ift.tt/2VRRCto https://ift.tt/eA8V8J

Balanced Advantage Funds are less risky compared with equity-oriented hybrid funds as they can dynamically change their allocation in equities and debt depending on the market conditions, outlook and view of the fund manager from mint - Money https://ift.tt/3knlffD https://ift.tt/eA8V8J

FD calculator: Fixed deposit accounts are available in all PSU, private sector and small finance banks or SFBs but their FD interest rates varies from mint - Money https://ift.tt/3Ctib83 https://ift.tt/eA8V8J

Mutual funds' ratings work as composite measure of both risk and return because it gives an idea about the risk and reward involved in a mutual fund plan from mint - Money https://ift.tt/3ExC2ob https://ift.tt/eA8V8J

To understand an NFO, one should keep in mind asset class, which comes under the type of fund, its category, the launching AMC, the fund manager's performance, fund’s philosophy, security selection process, among other factors from mint - Money https://ift.tt/2Z8OuL4 https://ift.tt/eA8V8J

Even though one can rely on the data provided by mutual fund managers, calculations carried out by them to arrive at the figures of gain or loss incurred should be thoroughly verified before filing the return of income from mint - Money https://ift.tt/3Ayh324 https://ift.tt/eA8V8J

National Pension Scheme: The employer’s contribution to your NPS account is tax free up to 10% of your salary subject to an annual overall ceiling of Rs. 7.50 lakh  from mint - Money https://ift.tt/2XFN6yZ https://ift.tt/eA8V8J

Senior Citizens can invest in Senior Citizen Saving Scheme, RBI floating rate saving bonds and Pradhan Mantri Vaya Vandana Yojana from mint - Money https://ift.tt/3Es5TOR https://ift.tt/eA8V8J

Home loan: There is no such restriction as regards to payment of interest on borrowed capital from mint - Money https://ift.tt/39hwG26 https://ift.tt/eA8V8J

A good way to take care of your post-retirement monthly need is to invest your accumulated retirement corpus across debt, small savings schemes and equities to ensure growth along with safety from mint - Money https://ift.tt/39eGCJx https://ift.tt/eA8V8J

Mutual fund calculator: Currently, cost of higher education is around 10 lakh. If we assume 10 per cent inflation for next 8 years, then the future cost of higher education comes at around ₹22 lakh, say experts from mint - Money https://ift.tt/3zfeAbC https://ift.tt/eA8V8J

In case a Hindu dies without leaving a valid Will (called intestate death) all his assets pass on to his relatives as per the provisions of Section 8 of Hindu Succession Act, 1956 from mint - Money https://ift.tt/2Xqw1t3 https://ift.tt/eA8V8J

Few 401(k) plans have an ESG investing option. We asked advocates on each side to make their best case for why that should—or shouldn’t—change. from mint - Money https://ift.tt/3zfI3SF https://ift.tt/eA8V8J

Many lenders have also started considering credit scores as part of their risk-based pricing practice, while setting interest rates for their loan applicants.Hence, those having higher credit scores have greater chances of availing loans at lower interest rates from mint - Money https://ift.tt/3CkI0qO https://ift.tt/eA8V8J

Exemption for long term capital gains on sale of all the capital assets including debt mutual funds can be claimed under Section 54F by investing in a residential house property or flats within specified time limits from mint - Money https://ift.tt/3zhvPJs https://ift.tt/eA8V8J

Axis Bank and Kotak Mahindra Bank have revised interest rates on fixed deposits (FDs). from mint - Money https://ift.tt/3zoDhTa https://ift.tt/eA8V8J

Several banks like SBI, BoB have cut home loan rates to cash in on festive season demand from mint - Money https://ift.tt/3EpD9X5 https://ift.tt/eA8V8J

Here is a list of banks that offer the highest FD rates for deposits up to Rs1 crore over various tenures from mint - Money https://ift.tt/3tKmnx0 https://ift.tt/eA8V8J

Those following a cash system could argue that interest is to be taxed only on withdrawal from mint - Money https://ift.tt/3tKtMMN https://ift.tt/eA8V8J

Endowment plans, unit-linked insurance policies (Ulips) and term insurance are collectively referred to as life insurance plans from mint - Money https://ift.tt/3AiHpoS https://ift.tt/eA8V8J

The apps prevent the risk of overspending, as parents are given the control to set limits from mint - Money https://ift.tt/3CyeQ7N https://ift.tt/eA8V8J

Beginning current assessment year, the maximum late filing penalty has been capped at ₹5,000. If your taxable income falls below the exemption limit of ₹5 lakh, you will be liable to pay ₹1,000 in late fee from mint - Money https://ift.tt/399kGzC https://ift.tt/eA8V8J