I am Wealthy at 23

Small Savings Scheme interest rate: Senior Citizens Saving Scheme interest rate has been raised to 8.20 per cent from existing 8 per cent from mint - Money https://ift.tt/i7OsTcw https://ift.tt/YfK7ktW

Under Public Provident Fund scheme, PPF interest rate is calculated on the minimum PPF account balance from 5th to last date of the month from mint - Money https://ift.tt/Vm4xds6 https://ift.tt/YfK7ktW

In March, last year, CBT trimmed the EPF interest rate to its lowest level in 40 years to 8.1% for fiscal 2021-22. The last time, the EPF rate was lowest was in 1977-78 at 8%. from mint - Money https://ift.tt/BvFD7Sn https://ift.tt/YfK7ktW

A special fixed deposit (FD) is a kind of investment option provided by some banks and financial institutions. from mint - Money https://ift.tt/oNkfRTh https://ift.tt/YfK7ktW

In March, last year, CBT trimmed the EPF interest rate to its lowest level in 40 years to 8.1% for fiscal 2021-22. The last time, the EPF rate was lowest was in 1977-78 at 8%. from mint - Money https://ift.tt/BvFD7Sn https://ift.tt/YfK7ktW

In the union budget for FY24, finance minister Nirmala Sitharaman announced measures to make small saving schemes more attractive from mint - Money https://ift.tt/wJm9Zpz https://ift.tt/YfK7ktW

New income tax rules: Proceeds from ULIP for annual premium above ₹2.50 lakh and life insurance policy for annual premium above ₹5 lakh will be taxable in FY24 from mint - Money https://ift.tt/cnEWk6o https://ift.tt/exERvWg

In case you are determined to be a non-resident or resident but not ordinarily resident in India, you will have to pay tax on income that accrues or arises in India or incomes that are received or deemed to be received in India. from mint - Money https://ift.tt/UfW5iyj https://ift.tt/exERvWg

Besides a health policy, people also need emergency corpus, top-ups and critical illness cover from mint - Money https://ift.tt/ZMtTGFC https://ift.tt/exERvWg

SBI gives 30 bps to as maximum as 55 bps concession on home loan rates either regular, top-up, or loan against property. These concessions are offered under SBI's campaign rates offer. The first disbursement will be done in the loan account by March 31, 2023. from mint - Money https://ift.tt/Esqjp6I https://ift.tt/exERvWg

According to the current SEBI Mutual Fund Regulations in India, an equity mutual fund scheme must invest at least 65% of its assets in equity-related stocks and securities. from mint - Money https://ift.tt/moaMpQz https://ift.tt/exERvWg

There is no difference between the tax rates for Senior citizens (60-80 years of age) and Super senior citizens (80+ years) in the old tax regime. from mint - Money https://ift.tt/Jgnpw3e https://ift.tt/exERvWg

One of the biggest hurdles to insurance penetration in India is the huge trust deficit between insurers and consumers from mint - Money https://ift.tt/hCpAl6N https://ift.tt/HmyUoNK

Fixed deposit interest rates are on the rise, and the majority of banks are now promising returns that outpace inflation as a result of the Reserve Bank of India's (RBI) uptick in the repo rate of 250 basis points (bps) since May 2022. from mint - Money https://ift.tt/bVismpX https://ift.tt/HmyUoNK

Investors are puzzled about whether to purchase debt mutual funds before March 31st because the indexation benefit would end starting from April 1, 2023. from mint - Money https://ift.tt/w4r5vnE https://ift.tt/HmyUoNK

The Income Tax Department issues an income tax notice for a number of reasons under a number of provisions. from mint - Money https://ift.tt/MjEZbq0 https://ift.tt/HmyUoNK

The tax benefits for long-term debt mutual funds were eliminated by the government as of 1st April 2023 by an amendment to the Finance Bill. from mint - Money https://ift.tt/sDbilHG https://ift.tt/fYhI5bx

Under the provisions of the Income-tax Act, 1961, every person who has been allotted a PAN as on 1 July, 2017 and is eligible to obtain Aadhaar number, is required to intimate his Aadhaar to the prescribed authority on or before 31 March, 2023, on payment of a prescribed fee from mint - Money https://ift.tt/MlgSC8n https://ift.tt/fYhI5bx

Amid consecutive RBI rate hike, home loan has become highly expensive for the new borrowers and also for the existing buyers. Know some of the ways in which existing borrowers can reduce their home loan from mint - Money https://ift.tt/xlJXaOE https://ift.tt/fYhI5bx

In terms of validity, NCB will be terminated in case of a motor insurance claim, but many insurers now also offer an NCB protection add-on cover that retains your NCB even after you file for claims; the number of claims for this add-on cover can differ from insurer to insurer. from mint - Money https://ift.tt/VcaWxoY https://ift.tt/OzYGumy

Real estate agents these days are very persuasive for homes under construction from mint - Money https://ift.tt/V1gNWym https://ift.tt/OzYGumy

Debt funds with less than 35% equity will always be treated as short term, taxed at slab rate under new regime from mint - Money https://ift.tt/xUGQhpX https://ift.tt/OzYGumy

The Finance Bill initially introduced on 1 February, proposed to insert a new section 50AA providing for the taxability of any gain on transfer, redemption or maturity of market linked debenture (MLD) on or after 1 April, as a short-term capital gain, irrespective of the period of holding. from mint - Money https://ift.tt/UfT1QH4 https://ift.tt/XkVaQwT

HDFC Life Smart Pension Plus is made available in multiple variants - the unique ones being annuity with a liquidity option, simple and compound increasing annuity to offset inflation, and early return of premium (i.e. survival benefit) to fulfil one's own life goals. from mint - Money https://ift.tt/ZKIfX1u https://ift.tt/XkVaQwT

Fixed deposits are a low-risk investment choice since the interest rate remains constant during the duration of the account. from mint - Money https://ift.tt/mY7l2s9 https://ift.tt/XkVaQwT

As the financial year is near to its end, it is high-time for tax payers to recheck their investments and opt for the unutilised ones to ensure optimum tax savings. Here are the top tax-saving investment options people can consider before 31 March from mint - Money https://ift.tt/nYOHkyw https://ift.tt/XkVaQwT

The interest rate varies from 3% to 8.41% for normal individuals, and from 3.60% to 9.01% for senior citizens for tenures starting from 7 days to a maximum of 84 months. from mint - Money https://ift.tt/rHN7La9 https://ift.tt/XkVaQwT

Under the new framework, asset management companies (AMCs) will have to provide an option to the unit holders to submit either the nomination form or the declaration form for opting out of the nomination in physical or online as per the choice of the unit holders. from mint - Money https://ift.tt/5WpdijK https://ift.tt/XkVaQwT

Health insurance is a form of insurance that covers medical expenditures incurred by an individual for long-term well-being. from mint - Money https://ift.tt/U6sGkrP https://ift.tt/IVfRUGm

Form 16/ 16A is the declaration of tax deduction at source provided by the employer on behalf of the employees. from mint - Money https://ift.tt/vSy7Exj https://ift.tt/IVfRUGm

The NPS also provides subscribers with tax incentives under the Income Tax Act of 1961. Contributions made towards the scheme are deductible under Section 80C of the Act, up to a maximum of Rs. 1.5 lakh per year. from mint - Money https://ift.tt/ybZ6tIl https://ift.tt/IVfRUGm

Mutual funds: SIP calculator suggests that one can achieve ₹50 crore investment goal in 30 years, using 15% annual step-up from mint - Money https://ift.tt/7td9FsK https://ift.tt/IVfRUGm

As per reports, the government is likely to make such a proposal in the form of an amendment to the Finance Bill 2023 in the Parliament from mint - Money https://ift.tt/F0EcyPr https://ift.tt/tgM82rI

Not just debt MF, gold and international funds could also see capital gains taxed at investors’ income tax slab rate from mint - Money https://ift.tt/beI9dz5 https://ift.tt/tgM82rI

They are management students of prominent B-schools, in their early-twenties and have an active social life but unlike their peers, they are already fund managers in their own right from mint - Money https://ift.tt/iAOfpPd https://ift.tt/tgM82rI

Inarguably, a robust fraud risk management framework can help insurance companies both anticipate and address the risk of various types of fraud, including the risk of cyber-attacks from mint - Money https://ift.tt/RoibZGN https://ift.tt/tgM82rI

When renewing the policy, make sure to consider adding key features such as zero depreciation and engine protection coverage from mint - Money https://ift.tt/w6usBZF https://ift.tt/tgM82rI

For availing exemption for long term capital gains arising on sale of a residential house, you are required to invest only the indexed capital gains from sale of the existing house property and not the entire sale consideration from mint - Money https://ift.tt/QzJgOML https://ift.tt/tgM82rI

Higher tax-free income can lead to increased scrutiny by income tax authorities from mint - Money https://ift.tt/5C6GAVt https://ift.tt/8Zd4QwD

This fiscal year, the interest rate on education loans has spiked due to RBI opting rate hike cycle to tackle inflationary pressure. The policy rate hikes have led to a substantial increase in the cost of funds at banks and other financial firms which resulted in an increase in their benchmark lending rates. And hence, the end rate for any form of loan increased significantly in FY23. from mint - Money https://ift.tt/2lNIeT6 https://ift.tt/8Zd4QwD

Retirement preparation is the method of becoming ready for financial stability and independence in old age. from mint - Money https://ift.tt/JpqXwOv https://ift.tt/8Zd4QwD

Balance transfer home loans can be a good option if you are looking to save money on interest payments. from mint - Money https://ift.tt/UvWHo6B https://ift.tt/8Zd4QwD

Buy adequate term life insurance, preferably online and invest in mutual funds through monthly SIPs in equity mutual funds, advises Balwant Jain from mint - Money https://ift.tt/6K48CA9 https://ift.tt/8Zd4QwD

Anxieties surrounding the rapid depletion of savings remained consistent across rural India, with three in four respondents expressing concern about their savings diminishing in the next 10 years from mint - Money https://ift.tt/4oMsPRc https://ift.tt/8Zd4QwD

Are the Indian Stock Markets Overvalued?’ That was the topic of a panel discussion at the Mint India Investment Summit 2023 held recently from mint - Money https://ift.tt/0aFM7yl https://ift.tt/8Zd4QwD

Each time yield spikes, there will be some mark-to-market losses on a fixed income portfolio from mint - Money https://ift.tt/PvGT93r https://ift.tt/8Zd4QwD

As per Annual Reports of the Reserve Bank of India (RBI), the total value of ₹500 and ₹2,000 denomination bank notes in circulation as at end-March 2017 and as at March-end 2022 was ₹9.512 lakh crore and ₹27.057 lakh crore from mint - Money https://ift.tt/K4pr3Az https://ift.tt/8VRUSgI

Investors looking to invest in the real estate market often compare REITs to commercial real estate. Corporations, known as REITs or Real Estate Investment Trusts, function similarly to mutual funds in real estate investing. you can invest in REITs without possessing or managing any property by yourself. from mint - Money https://ift.tt/hbA1YUR https://ift.tt/8VRUSgI

A Home Loan is a financial source for your dream come true, along with making a better deal for tax savers. from mint - Money https://ift.tt/f4lKzRX https://ift.tt/oeCUzHW

The current financial year is about to end, and this is the best time to review your plans to maximize savings and get a solid head start for the year ahead. from mint - Money https://ift.tt/4z2l0MG https://ift.tt/oeCUzHW

NPS is a Central Government scheme in which any individual citizen (either salaried or non-salaried) of India (both resident and non-resident) between the ages of 18 and 70 can participate and set aside an amount on a regular basis from mint - Money https://ift.tt/TpgO3dS https://ift.tt/oeCUzHW

Senior citizen health insurance plans typically cover pre-existing diseases, hospitalization expenses, along with benefits of lesser waiting periods, preventive health check-ups, nil sub-limits, etc. for pre-existing diseases, and some even cover domiciliary or at home care expenses. from mint - Money https://ift.tt/C8eyFnq https://ift.tt/oeCUzHW

This double taxation puts a financial strain on retirement corpus of the individuals from mint - Money https://ift.tt/MXFC9Tf https://ift.tt/oeCUzHW

By adding a standard deduction of ₹50,000 and a deduction from family pensions up to ₹15,000 under the new tax regime, which was previously exclusively available to salaried persons under the old tax regime, the Finance Minister has given relief to individual taxpayers. from mint - Money https://ift.tt/UVupq3c https://ift.tt/oeCUzHW

SBI is offering two NPS schemes namely -- Tier 1 which is a pension account and mandatory, and Tier 11 which is an investment account and optional. The minimum contribution for the Tier 1 account is ₹500 and ₹1,000 for Tier II. from mint - Money https://ift.tt/2rYJ1Ae https://ift.tt/fOhanm0

Fixed deposit interest rate: This bank is offering general FD for three tenors — 181 to 201 days, 501 days and 1001 days from mint - Money https://ift.tt/aQZoe8d https://ift.tt/fOhanm0

Google Pay, PhonePe users are targeted in this mix of malware and human engineered phishing attack in which someone knowingly sends money and calls you to repay as it was sent by mistake from mint - Money https://ift.tt/ezHW0pX https://ift.tt/dIk8C0B

PPF interest rate is currently at 7.10 per cent per annum, which is payable on quarterly basis from mint - Money https://ift.tt/hAn1w5l https://ift.tt/dIk8C0B

Aviva New Innings Pension Plan provides customers with the opportunity to receive a corpus of up to 336% of premium paid, on maturity from mint - Money https://ift.tt/84wHdEA https://ift.tt/dIk8C0B

The Income Tax Act provides various provisions for a tax rebate on home loans from mint - Money https://ift.tt/hPwcol9 https://ift.tt/qU6a4uO

If the employee changes his job and transfers his EPF account from the old employer to a new one, then the period of previous employment would be included in computing the period of continuous service. from mint - Money https://ift.tt/PBoe9bN https://ift.tt/qU6a4uO

In an interview with Mint, Chandok spoke about how ICICI Securities has been on the path to widen its product basket and customer base, and reduce the impact from the cyclical nature of equity broking business. Edited excerpts: from mint - Money https://ift.tt/CI02ymp https://ift.tt/qU6a4uO

Under this insurance, losses incurred by shop owners due to floods, earthquakes, lightening, storms, cyclones, fire and other climate risks and any loss due to burglary of contents in the shop will be covered from mint - Money https://ift.tt/HGt5uMW https://ift.tt/qU6a4uO

Kotak Mahindra Bank hikes lending rates: The revised Marginal Cost of Funds based Lending Rates(K-MCLR) will be in effect from today, 16 March from mint - Money https://ift.tt/r4EomA0 https://ift.tt/qU6a4uO

If a taxpayer has evidential proof that TDS is already deducted on a particular Income, then even if such TDS credit is not reflected in 26AS, the taxpayer can manually claim the TDS credit, while filing ITR. from mint - Money https://ift.tt/XxNwMU6 https://ift.tt/qQ26U5L

One of the proposals that has made Union budget 2023 very popular among the middle class is that individuals and Hindu undivided families (HUFs) opting for the new regime in FY 2023-24 and onwards, and having their annual gross total income (GTI) of upto ₹7 lakh, will not be required to pay any income tax, as they will be able to claim a rebate of ₹25,000 under Section 87A of the Income tax act from mint - Money https://ift.tt/tBdJK8Q https://ift.tt/qQ26U5L

In light of the current interest rate environment, investors can benefit from higher rates while reducing risks related to market swings by investing in a variety of debt products. from mint - Money https://ift.tt/VWIDCSR https://ift.tt/qQ26U5L

Policyholders will be able to enhance their coverage further at a small added cost by opting for add-ons like PED waiting period modification cover from mint - Money https://ift.tt/mihv5gf https://ift.tt/qQ26U5L

Individuals who look to fix their finances often follow influencers to learn about the latest trends and investment opportunities from mint - Money https://ift.tt/2KsSUfl https://ift.tt/qQ26U5L

A look at some of the last minute income tax saving options from mint - Money https://ift.tt/L5giXjs https://ift.tt/qQ26U5L

If EPS growth expectations embedded in the stock price are too lofty then it is reasonable to avoid the stock. from mint - Money https://ift.tt/YOUhZ5E https://ift.tt/Rlpx6Gt

Home loan borrowers are aghast from mint - Money https://ift.tt/cR2GA9z https://ift.tt/Rlpx6Gt

The Pension Fund Regulatory and Development Authority (PFRDA), which is governed by the Ministry of Finance of the Government of India, oversees the National Pension System (NPS), a voluntary specified contribution pension scheme in India. from mint - Money https://ift.tt/CdzVwYM https://ift.tt/Rlpx6Gt

ICICI Bank’s ‘Startup Ecosystem Banking’ offers treasury and transaction banking solutions, lending solutions, digital integrations, handling FDI and regulatory compliances, personal banking services for employees and founders from mint - Money https://ift.tt/9oD6qBv https://ift.tt/Rlpx6Gt

There is a possibility of making quick gains from short trades but investors face a greater risk of losing money from mint - Money https://ift.tt/CUXFcKs https://ift.tt/Rlpx6Gt

Under this new account, women can earn up to 7% interest rate per annum with monthly interest credit coupled with a specially designed RuPay Platinum Debit Card which offers discounts on shopping and online purchases and many more. from mint - Money https://ift.tt/bZQj0SX https://ift.tt/Hyt9iQf

Silicon Valley Bank crisis may have negative impact on US bond investors dealing in treasuries, say experts from mint - Money https://ift.tt/iynYRFw https://ift.tt/Hyt9iQf

Kotak Mahindra AMC launches silver ETF Fund of Fund: The New Fund Offer opens for public subscription on March 13, 2023 and closes on March 27, 2023 from mint - Money https://ift.tt/6S8CHUx https://ift.tt/Hyt9iQf

Anecdotal evidence indicated that inflation concerns and competitive pressures were the main factors stymieing business confidence from mint - Money https://ift.tt/tUGWk7w https://ift.tt/Hyt9iQf

Brokerages, portfolio management service firms and fintechs have ventured into the mutual funds space from mint - Money https://ift.tt/D1ujzaH https://ift.tt/Hyt9iQf

Also, digital gaming and sports platform Nazara Tech said its step-down subsidiaries hold cash balances in the SVB – which is currently under the receivership of the FDIC – for around ₹64 crore. from mint - Money https://ift.tt/t9CKyQn https://ift.tt/Hyt9iQf

Amid rising interest rate regimes some banks are providing special fixed deposits (FDs) with irregular tenors of days rather than months or years—that effectively guarantee higher interest rates than traditional FDs. from mint - Money https://ift.tt/9sSrIYv https://ift.tt/Hyt9iQf

When receiving a specific payment, such as a dividend, Tax Deducted at Source (TDS) is subtracted from the total amount received. from mint - Money https://ift.tt/cA6nQ9F https://ift.tt/1uOhtZQ

PAN-Aadhaar link: From 1st April 2023, one's PAN card will become inoperative and linking of these two KYC documents will incur ₹1,000 PAN-Aadhaar link fee from mint - Money https://ift.tt/JlozrUV https://ift.tt/1uOhtZQ

Pension calculator: NPS account may yield 10 per cent NPS interest rate in long term if equity debt exposure is kept in 60:40 ratio, say experts from mint - Money https://ift.tt/3LMXHqW https://ift.tt/1uOhtZQ

Though the phase of retirement evokes positive emotions among respondents, at the same time, they are also cognizant of the need to factor in inflation and rising medical expenses while planning for their life’s new chapter from mint - Money https://ift.tt/FViWgqp https://ift.tt/owzyPr8

Take advantage of loyalty programmes, credit card reward points to save on hotel tariffs from mint - Money https://ift.tt/u5a2WTE https://ift.tt/owzyPr8

Teena Gandhi, Vice President, Earnnest.me said, owning a home not only provides a safety net but also holds sentimental value. Buying the first home can be overwhelming as it requires a considerable amount of corpus, so one has to plan meticulously. from mint - Money https://ift.tt/NDjFW7T https://ift.tt/owzyPr8

Making investments as early as possible is what changes the game when it comes to ensuring long-term financial stability in the future. from mint - Money https://ift.tt/LKqsaXA https://ift.tt/owzyPr8

Following completion, the acquired team will join Gallagher’s existing Indian reinsurance team from mint - Money https://ift.tt/FaBTYsv https://ift.tt/owzyPr8

By extending its NPS offering to its customers, Muthoot plans to provide its customers with an additional avenue for long-term retirement planning as well as benefit them with a tax concession of up to ₹50,000 under subsection 80 CCD (1B). from mint - Money https://ift.tt/rPzQkxu https://ift.tt/oSaM8n1

With this partnership, both entities aim to provide, convenient home finance solutions such as home loan for salaried employees, loan for plot purchase and construction etc from mint - Money https://ift.tt/J28KagH https://ift.tt/oSaM8n1

The two most well-liked government-backed initiatives for elderly adults during the prevailing interest rate regime are the Senior Citizen Savings Scheme (SCSS) and Pradhan Mantri Vaya Vandana Yojana (PMVVY). from mint - Money https://ift.tt/JK72bTk https://ift.tt/oSaM8n1

For income generated in India, non-resident Indians (NRIs) are required to file income tax returns. from mint - Money https://ift.tt/1GvpBUY https://ift.tt/oSaM8n1

Some of the tax and other incentives which a women salaried employee can avail include reduced interest on home loan, stamp duty concession etc. to empower women. from mint - Money https://ift.tt/iagrV13 https://ift.tt/oSaM8n1

According to World Bank data, though women in India represent 48% of the population, they contribute only around 17% of the GDP compared to 40% in China. For the year 2021, World Bank's data states that female labor force participation rate in the United States was 46%, while in India it was 21%. from mint - Money https://ift.tt/nxG6PA8 https://ift.tt/oSaM8n1

Why do we propagate the myth that women are not savvy in finance? Just because they prefer to focus on cooking, rearing children, cleaning and looking after the sick in the family, among other tasks, in most households they have relegated the investment planning to the men in the family from mint - Money https://ift.tt/ZN6X0bv https://ift.tt/xN08KOY

A quick calculation throws up a startling number – during a lifetime of working, women end up with 50% lesser money than men from mint - Money https://ift.tt/uVjOmDH https://ift.tt/xN08KOY

Flat interest rates effectively remain higher than reducing interest rates, and the interest rates remain fixed during the loan's tenure, which is determined based on the principal amount of your car loan. from mint - Money https://ift.tt/K2el1xk https://ift.tt/xN08KOY

Mutual funds are the most popular long-term investment vehicle since they provide not only liquidity but also dividends, diversification, expert administration, flexibility to invest in tiny portions, lower cost, lower tax on gains, tax benefits, and so on. from mint - Money https://ift.tt/IhpbE9D https://ift.tt/xN08KOY

Growing up, the most important lesson that I learnt from my mother was to avoid aamdani atthanni, kharcha rupaiya (spending more than you earn), says Lakshmi Iyer, CEO, Kotak Investment Advisors from mint - Money https://ift.tt/0ZpjhFa https://ift.tt/xN08KOY

Senior citizens now have exposure to their best-fixed deposit booking opportunity thanks to the hike in the repo rate, which has climbed by a total of 250 basis points to 6.50 per cent so far. from mint - Money https://ift.tt/so61MmI https://ift.tt/xN08KOY

Women have shown fierce attitudes and invested and built wealth, riding the wave as and when needed from mint - Money https://ift.tt/RsDnlp3 https://ift.tt/TfNZjtJ

The tie-ups with Fibe, Bajaj Finance, Mahila Money, GMoney, and Unofin would empower the mid-income groups to get these wide varieties of secondary care surgeries done on time from mint - Money https://ift.tt/8oVeRnJ https://ift.tt/TfNZjtJ

Tarun Birani Founder and CEO of TBNG Capital Advisors said that women believe owning property can provide them with a sense of security and stability. It's cardinal that financial stability is crucial for women's empowerment and independence. from mint - Money https://ift.tt/T0XI6Ub https://ift.tt/TfNZjtJ

The only reason he could even consider taking a career break in 2019 was that his bases were covered financially, the YouTuber said from mint - Money https://ift.tt/UPi6pOX https://ift.tt/7wTjEJv

Existing investors, who have invested before 1 November 2022 using Aadhar as KYC document, are required to re-validate by 30 April from mint - Money https://ift.tt/kVzBqsE https://ift.tt/7wTjEJv

Max Life’s new product offerings include innovation in various consumer segments including homemaker, NRI and self-employed. The firm has leveraged digital & AI at scale enabling superior customer experience with frictionless on-boarding, managing risk and creating a digital enterprise from mint - Money https://ift.tt/hH6jXUe https://ift.tt/7wTjEJv

The family offices through which the world’s wealthiest 0.001% invest are a new force in global finance that few have heard of from mint - Money https://ift.tt/H61Rm58 https://ift.tt/7wTjEJv

A study by Credit Suisse says Generation Z investors may not be as lucky as those in the previous generations. from mint - Money https://ift.tt/pl52Zgm https://ift.tt/7wTjEJv

But so far, two small finance banks are providing the highest FD rate in the nation. For deposits with a 700-day tenor, Utkarsh Small Finance Bank (SFB) is now giving a maximum interest rate of 8.25% for the general public and 9.00% for elderly individuals. from mint - Money https://ift.tt/xTAJlZX https://ift.tt/7wTjEJv

The two most well-liked government-backed initiatives for elderly adults during the prevailing interest rate regime are the Senior Citizen Savings Scheme (SCSS) and Pradhan Mantri Vaya Vandana Yojana (PMVVY). from mint - Money https://ift.tt/LQes7Zw https://ift.tt/7wTjEJv

For income generated in India, non-resident Indians (NRIs) are required to file income tax returns. from mint - Money https://ift.tt/tlghWpU https://ift.tt/7wTjEJv

If you think the founder of the country’s largest online tax filing platform does his own taxes, think again from mint - Money https://ift.tt/X48dAtC https://ift.tt/7wTjEJv

The Secure Act 2.0 will help a lot. But there’s much more that can be done from mint - Money https://ift.tt/0YgNQGc https://ift.tt/Lhlp4Vj

Bajaj Finance has hiked FD rates by up to 35 basis points, for tenures between 15 months and 23 months, with effect from 4 March from mint - Money https://ift.tt/4PY2EAq https://ift.tt/Lhlp4Vj

ITR filing: Income tax exemption from long term capital gains is not available in respect of repayment of a home loan from mint - Money https://ift.tt/M0EB7yn https://ift.tt/Lhlp4Vj

Mutual fund investors with one to two year perspective can look at hybrid equity funds instead of debt funds, say experts from mint - Money https://ift.tt/tMbioeB https://ift.tt/Lhlp4Vj