I am Wealthy at 23

From LPG price change to RBI's 100-day, 100-payment campaign, here are eight changes starting today. Notable ones include mandatory testing for cough syrups and higher EPS pension deadline from mint - money https://ift.tt/hTowszP https://ift.tt/khNYdT3

These funds primarily cater to investors who abide by Shariah laws, which lay out the guidelines on sectors and companies that are Shariah-compliant. from mint - money https://ift.tt/Un2k5ZQ https://ift.tt/khNYdT3

Dynamic asset allocation funds (DAAF) or balanced advance funds (BAF) are hybrid funds which alter their asset allocation between stocks and bonds as per the market conditions. from mint - money https://ift.tt/LzGtoKB https://ift.tt/khNYdT3

The coverage offers protection against life-threatening complications arising out of the procedures and provides financial protection to their nominees in case of an unfortunate event leading to their death from mint - money https://ift.tt/p7dy4Ma https://ift.tt/1ND4ovh

Kotak FMP Series 312, a close-ended income fund, and Baroda BNP Paribas Value Fund, an open-ended equity value fund, both with a minimum investment of ₹5,000, are closing today from mint - money https://ift.tt/QUiv1gr https://ift.tt/1ND4ovh

Confusion persists among taxpayers about who needs to file an income tax return (ITR). Even if tax has been deducted at source, individuals receiving income from all sources above the basic exemption limit must file their ITR from mint - money https://ift.tt/acfEuVb https://ift.tt/1ND4ovh

The regulations not only prohibit trading, while in possession of UPSI, but also prohibit communication about UPSI to outsiders unless required for legitimate purposes on a ‘need-to-know’ basis. from mint - money https://ift.tt/ZXp1vDy https://ift.tt/1ND4ovh

The financial benefits for non-resident Indians become apparent when they earn in foreign currencies and convert them to Indian rupees to invest and save, leading to significant growth in rupee terms. from mint - money https://ift.tt/CrguB17 https://ift.tt/1ND4ovh

Bajaj Allianz Life launches a term insurance plan for pre-diabetic and Type 2 diabetic individuals in India. The new term plan offers life insurance coverage and incentivizes customers to manage their health by providing a 10% reduction in premium on policy anniversary for meeting health goals. from mint - money https://ift.tt/CsVROIX https://ift.tt/1ND4ovh

The number of fake notes of ₹2,000 denomination detected decreased to 9,806 pieces during the 2022-23 period from mint - money https://ift.tt/O31L9Q6 https://ift.tt/8VQj1kY

Portfolio diversification involves constructing a mix of different asset classes. Experts recommend consulting an advisor for portfolio management from mint - money https://ift.tt/kXFdEf6 https://ift.tt/8VQj1kY

HDFC aims to invest a minimum of 80 percent of the corpus in shares of defence and allied sector companies. from mint - money https://ift.tt/6CxXM7j https://ift.tt/8VQj1kY

HDFC Bank: The special fixed deposit scheme for seniors offering higher interest rates was launched in May 2020 from mint - money https://ift.tt/aKPFvqy https://ift.tt/8VQj1kY

AT-1 bonds, also known as Additional Tier 1 bonds, are a type of debt instrument that banks issue to meet their capital requirements under Basel III regulations from mint - money https://ift.tt/5oEhjTv https://ift.tt/8VQj1kY

Paytm Money has launched a bond investment platform for retail investors, offering government bonds for as little as INR100 ($1.35) and tax-free and corporate bonds for INR1,000. The move is aimed at making debt instruments more accessible to retail investors. The platform offers three types of bonds, including government bonds with tenures ranging from two months to 39 years, and tax-free bonds from government-owned companies and corporate bonds. The platform also offers ratings from different agencies and information regarding pricing and liquidity. from mint - money https://ift.tt/bvUVpdH https://ift.tt/8VQj1kY

Mutual Funds for senior citizens: It is easy to invest in MFs online these days. Withdrawal is also paperless and can be done quickly using online banking from mint - money https://ift.tt/fBaid5S https://ift.tt/fTgMR3d

The new financial year has begun, and people are looking at options which can help increase their wealth, give financial protection to the family and can also help save taxes. from mint - money https://ift.tt/jOHgJIK https://ift.tt/fTgMR3d

Here we list out the top 4 money deadlines that you should complete next month from mint - money https://ift.tt/cUpFb6q https://ift.tt/fTgMR3d

HDFC Bank has revised fixed deposit rates; launched two special FD scheme offering higher interest rates from mint - money https://ift.tt/UJCBwc8 https://ift.tt/fTgMR3d

Investors tend to invest in what is comfortable, but this does not generate consistent inflation-beating returns. Comfort can also become a deterrent to growing investor wealth, particularly in areas such as safety in known investments, high returns without taking risk and regulation into consideration, and being comfortable with short-term gains at the cost of long-term gains. Product choices in one's portfolio need to be goal-based, adhere to proper regulation and grievance mechanisms, and generate inflation-beating returns. Investors should get comfortable with being uncomfortable to achieve outsized returns over time. from mint - money https://ift.tt/ktMLCHh https://ift.tt/fTgMR3d

Forex cards, cash for foreign spends are kept out of the ₹7 lakh TCS exemption limit, unlike credit/debit cards. from mint - money https://ift.tt/lZMP1CF https://ift.tt/fTgMR3d

India's largest private sector lender HDFC Bank has revised its interest rates on bulk fixed deposits (FDs) of ₹2 Cr to less than ₹5 Cr. from mint - money https://ift.tt/cMHOa3Z https://ift.tt/mweLpBd

The objective of KYC/AMUCFT guidelines is to prevent money laundering or terrorist financing activities by use of Post Office Savings Bank intentionally or unintentionally by criminal elements, the circular stated from mint - money https://ift.tt/txw8MRj https://ift.tt/mweLpBd

Income Tax Rules: A recipient of a gift is required to pay tax if the aggregate of all the gifts received during one financial year exceeds fifty thousand rupees in a year. from mint - money https://ift.tt/QtigFmG https://ift.tt/gk5xvn8

The public sector lender Bank of India (BOI) has revised its interest rates on fixed deposits of less than ₹2 Cr. from mint - money https://ift.tt/gPljGDA https://ift.tt/gk5xvn8

Income tax return filing: Form 16 is commonly used by salaried individuals to file their ITR from mint - money https://ift.tt/TXaWrNm https://ift.tt/gk5xvn8

Insurers offer free annual health check-ups to customers, but many policyholders are unaware or ignore the service due to the perceived hassle involved, according to Abhishek Bondia, principal officer and managing director of SecureNow.in. Bondia found that the insurer's mobile app did not enable him to book an appointment, although customer service was responsive. The package lacked several tests, while the network of approved labs was limited, and the report sent to him contained altered information. Insurers need to ensure the alignment of interest of stakeholders and to manage the experience better, Bondia said. from mint - money https://ift.tt/rpYgB7s https://ift.tt/Kl043Vq

Fixed deposits (FDs) are a popular investment option in India, but investors may not be aware of barbell or laddering strategies that can boost returns. The barbell strategy involves dividing an FD portfolio into short-term and long-term deposits to take advantage of interest rate fluctuations, while the laddering strategy involves spreading investments across different maturities. Careful selection of the compounding period can also enhance returns. However, both strategies carry risks, such as lower overall returns due to interest rate fluctuations, reduced liquidity and exposure to interest rate risk. Regular assessment and diversification can help mitigate these risks. from mint - money https://ift.tt/Q14KJaS https://ift.tt/Kl043Vq

Low rates, passive investing and ESG have left opportunities for active shareholders from mint - money https://ift.tt/p0Hx8Iu https://ift.tt/Kl043Vq

Higher interest than bank FDs on these saving schemes: India Post provides several deposit options for investors, commonly known as post office saving schemes from mint - money https://ift.tt/fN7PkuY https://ift.tt/Kl043Vq

For senior citizens to increase their savings and receive competitive returns, Fincare Small Finance Bank (SFB) has introduced the Senior Citizen FD Plan. from mint - money https://ift.tt/GzUsgnF https://ift.tt/Kl043Vq

Mutual Funds: Going for the large, mid, or smallcap MF scheme will broadly depend on the nature of the investor- conservative, balanced, or aggressive from mint - money https://ift.tt/hfZd2wa https://ift.tt/Kl043Vq

Mutual Funds: Kotak Nifty 200 Momentum 30 Index Fund is an open-ended scheme tracking the Nifty 200 Momentum 30 Index from mint - money https://ift.tt/8yHk1YR https://ift.tt/7hfW8L1

Bank fixed deposits (FDs): Experts suggest diversifying investment portfolios with market-linked products like mutual funds for higher returns from mint - money https://ift.tt/HIYmFR7 https://ift.tt/7hfW8L1

Having clarity on financial goals and investing across different funds based on market capitalization is always a good strategy and it is good to see you following it. from mint - money https://ift.tt/fAy2qIt https://ift.tt/7hfW8L1

The government has finally, via the Finance Act of 2022, included taxation of cryptocurrencies or virtual digital assets (VDA) in the Income Tax Act and laid out some key aspects around how much tax one has to pay on the gains, whether losses can be set off and which expenses to claim as deduction from gains arising from the sale of cryptocurrencies from mint - money https://ift.tt/uFG8Dmf https://ift.tt/7hfW8L1

Tandon believes that efficient market hypothesis has proven to be quite ineffective at understanding the markets and it’s time to change how people manage their money. from mint - money https://ift.tt/Y3seC8c https://ift.tt/7hfW8L1

Livemint spoke to personal finance experts to know about the top mutual funds where investors can park their hard-earned money for the best return from mint - money https://ift.tt/8hdK1Lu https://ift.tt/7hfW8L1

Bank fixed deposit (FD) withdrawal rule: If you want to withdraw the amount, you will have to pay the lenders a penalty charge from mint - money https://ift.tt/8sLBt5u https://ift.tt/7hfW8L1

SBI S&P BSE Sensex Index Fund: The investment objective of the scheme is to replicate the composition of the S&P BSE Sensex from mint - money https://ift.tt/rhBuOKw https://ift.tt/gqhjkml

In a world where overseas trips may remain an unaffordable dream, a group of credit card aficionados, are defying the odds from mint - money https://ift.tt/3J4tnqv https://ift.tt/gqhjkml

The public sector lender Union Bank of India has revised its interest rates on fixed deposits of less than ₹2 Cr. from mint - money https://ift.tt/JmbBnrX https://ift.tt/gqhjkml

Even with the possibility of default, betting on Treasurys could pay off again from mint - money https://ift.tt/1Xqrcv6 https://ift.tt/gqhjkml

Utkarsh Small Finance Bank has revised its interest rates on fixed deposits of less than ₹2 Cr. from mint - money https://ift.tt/cTF82wg https://ift.tt/gqhjkml

Income tax return filing: Among all the available ITR Forms, ITR-1, and ITR-4 are the most commonly used ITR forms from mint - money https://ift.tt/hL0dawj https://ift.tt/gqhjkml

Sukanya Samriddhi account: Simply opening a SSY account may not be sufficient for securing your daughter's future due to several reasons from mint - money https://ift.tt/VyAtYx7 https://ift.tt/gqhjkml

Fractional ownership allows multiple investors to pool funds and benefit from an asset's income sharing, reduced rates, and usage rights. It is practiced in real estate and can be introduced as a product by exchanges for stocks and bonds to benefit all investors. This concept is also seen in Global (US) stocks, mutual funds, and non-fungible tokens. With increasing financialization of savings and a growing investor base, retailization of investment avenues is desired. from mint - money https://ift.tt/Cig1Iyl https://ift.tt/jxgCoJz

New Delhi: Conservative, moderate or aggressive: What type of portfolio do you have? And how has it fared over the years, in terms of generating returns? In this article, we explore how three different portfolios with varying risk parameters—conservative (where the asset allocation is in the ratio of 65:25:10:0 in debt, equity, gold and international equity), moderate (45:40:10:5), and aggressive (25:60:5:10)—have performed over 10-15 years from mint - money https://ift.tt/6cQIEoH https://ift.tt/jxgCoJz

Encourage more insiders to spill the beans, says Kelly Richmond Pope from mint - money https://ift.tt/Pilk73E https://ift.tt/jxgCoJz

To become rich, individuals need to learn how to invest smartly and grow their money from mint - money https://ift.tt/G7vAolx https://ift.tt/jxgCoJz

Unclaimed deposits in bank savings accounts, FDs: The primary reason for deposits becoming unclaimed is the death of the depositor/accountholder without leaving a nomination from mint - money https://ift.tt/PbnkyaG https://ift.tt/jxgCoJz

The new fund offers (NFOs) of UTI Mutual Fund opened for subscription today, May 22, 2023, and will close on June 5, 2023 from mint - money https://ift.tt/ITRNswa https://ift.tt/jxgCoJz

Public Provident Fund (PPF) account can be opened either by visiting the branch or online from mint - money https://ift.tt/v8konie https://ift.tt/AbihMUn

The week witnessed an almost equal mix of mid-sized and small deals from mint - money https://ift.tt/As2hKGr https://ift.tt/AbihMUn

The conspicuous consumption of real estate just creates the wrong kind of incentives from mint - money https://ift.tt/tAlHZ0N https://ift.tt/AbihMUn

Almost two years since the Account Aggregator (AA) framework was launched by the Reserve Bank of India (RBI), the investment industry is slowly warming up to the financial data-sharing system from mint - money https://ift.tt/mEyC1fi https://ift.tt/AbihMUn

A multi-asset allocation fund should be part of a portfolio due to their ability to provide diversification across different asset classes, which helps to spread risk and potentially enhance returns. from mint - money https://ift.tt/BW72F6A https://ift.tt/AbihMUn

The Central Board of Direct Taxes (CBDT) expanded its evaluation methodologies under the angel tax provision for foreign investors in start-ups on Friday. from mint - money https://ift.tt/4xFCZih https://ift.tt/NtfkUpe

Sebi proposes uniform total expense ratio for mutual funds. What it means for MF investors from mint - money https://ift.tt/pCrBlcf https://ift.tt/NtfkUpe

TCS on international debit, credit cards: The government had earlier this week brought overseas credit card spending under Liberalised Remittance Scheme (LRS) from mint - money https://ift.tt/2IP80CY https://ift.tt/NtfkUpe

The public sector lender Punjab National Bank (PNB) has revised its interest rates on fixed deposits of less than ₹2 Cr. from mint - money https://ift.tt/caqrhg6 https://ift.tt/6hIJdXy

Top six large-cap mutual funds: Large-cap funds are usually associated with lower risk than other types of equity funds from mint - money https://ift.tt/FXGMxTC https://ift.tt/6hIJdXy

Personalised health insurance plans are increasingly getting popular amongst consumers today from mint - money https://ift.tt/als9f13 https://ift.tt/6hIJdXy

The credit card issuer will collect the tax when the bill is settled in rupees and can be adjusted against the cardholder’s tax liability when paying taxes from mint - money https://ift.tt/aRCMJ1O https://ift.tt/6hIJdXy

Room rent limit in health insurance: Understanding a room rent limit is hence pivotal to avoid any last-minute financial stress on policyholders from mint - money https://ift.tt/0KRVPU3 https://ift.tt/c9q7Z0h

Mutual funds: Actively managed funds aim to outperform their benchmark index, while passive funds seek to replicate the performance of a specific index from mint - money https://ift.tt/wtdXTQ1 https://ift.tt/c9q7Z0h

Fixed deposit interest rate: Kotak Mahindra, DCB, Bank of Baroda, and Federal Bank are among the six banks that have hiked FD rates in May 2023 from mint - money https://ift.tt/Uaf3B7Z https://ift.tt/c9q7Z0h

The ace fund manager of Helios Capital says investments were moved into financials and consumer companies from mint - money https://ift.tt/rRlMbew https://ift.tt/c9q7Z0h

Only a few companies can deliver high profit growth consistently over the years from mint - money https://ift.tt/Bb0IkWZ https://ift.tt/c9q7Z0h

The World Health Organization (WHO) has announced that it will be setting up a panel to review its handling of the COVID-19 pandemic. The panel will be led by former New Zealand Prime Minister Helen Clark and former Liberian President Ellen Johnson Sirleaf. from mint - money https://ift.tt/qf1sydG https://ift.tt/c9q7Z0h

Top six small-cap mutual funds: Small-cap funds are associated with higher risk. In a bullish market, these schemes can generate substantial returns from mint - money https://ift.tt/on1vdWg https://ift.tt/26ke8R3

EPFO: Subscribers opting for higher pensions will get three months to give their consent for diverting additional contributions or dues under the EPS from mint - money https://ift.tt/JaBD0tN https://ift.tt/26ke8R3

BoB vs SBI vs HDFC Bank vs ICICI Bank FD rates compared: After the latest hike, BoB offers an interest rate ranging from 3% to 7.25% to general customers from mint - money https://ift.tt/tryQkjO https://ift.tt/26ke8R3

Despite Sebi's introduction of Registered Investment Adviser (RIA) regulations in 2013, there is still a lack of awareness about the benefits of RIAs, limiting the growth of the profession. RIAs offer unbiased investment advice and are not influenced by commission-based incentives. Sebi introduced the regulations to address the problem of inappropriate recommendations from wealth management professionals. However, more awareness needs to be created to boost demand for fee-based advisers and attract more quality people to the profession. from mint - money https://ift.tt/08NMpFK https://ift.tt/26ke8R3

A UK-based NRI's relatives in India are questioning the authenticity of his father's will and ownership of property. He must obtain confirmation of the will's probate from a UK court, then use an authenticated copy of that will to obtain letters of administration from an Indian court having competent jurisdiction. If there is any question on the validity of the will, Indian courts will have to try this before allowing the executor to administer the properties in India. In such cases, a deed of family arrangement signed by all members or beneficiaries may be a prudent option to avoid litigation. from mint - money https://ift.tt/KOX74ba https://ift.tt/26ke8R3

Many RIAs have called it quits as they find it difficult to comply with new Sebi regulations from mint - money https://ift.tt/OYvjX5g https://ift.tt/26ke8R3

Investor-friendly changes at Japanese companies will boost returns from mint - money https://ift.tt/duwnqPj https://ift.tt/VKQ5vR2

Shah Rukh Khan is now considered one of the richest celebrities in the world. from mint - money https://ift.tt/ol7GeLX https://ift.tt/VKQ5vR2

Their source of revenue is online courses, brand promotions; some earned substantial revenue from affiliate links. from mint - money https://ift.tt/c0Zxz6H https://ift.tt/VKQ5vR2

Proposed MSM Reits will have minimum asset size of ₹25 crore, as against ₹500 crore ticket size of regular Reits. from mint - money https://ift.tt/7Q9xfVm https://ift.tt/eBKjp4E

Taxpayers must submit an income tax return to the government, commonly once a year, in order to disclose their earnings, deductions, and tax liabilities. from mint - money https://ift.tt/4rk0acg https://ift.tt/eBKjp4E

The three major government-backed retirement plans, Employee Provident Fund (EPF), Voluntary Provident Fund (VPF), and Public Provident Fund (PPF), operate differently in terms of interest rates, taxation, and withdrawal guidelines. from mint - money https://ift.tt/3U4kRN9 https://ift.tt/eBKjp4E

DCB Bank has hiked its interest rates on savings accounts and fixed deposits of less than ₹2 Cr. from mint - money https://ift.tt/oIe7FBg https://ift.tt/eBKjp4E

Under Sebi rules, any person can deliver advice, views or comments on financial products in the media. However if they charge money for specific advice to clients they must be registered as investment advisors from mint - money https://ift.tt/Th9BZSz https://ift.tt/0OoEchS

The PSB has hiked retail term deposits interest rates in the range of 10 bps to 30 bps on selective tenures. Also, the bank has raised rates of Baroda Tiranga Plus Deposit Scheme. from mint - money https://ift.tt/KngT0Wv https://ift.tt/0OoEchS

Mutual funds: Over the past few years, SEBI has taken a proactive role in bringing about improvements to investing legislation, assisting retail investors on their path from mint - money https://ift.tt/eKzhtjn https://ift.tt/0OoEchS

They offer high returns, low correlation with other assets and protection from inflation from mint - money https://ift.tt/CH8xeJr https://ift.tt/0OoEchS

The taxation rules for all schemes of mutual funds units whether bought from the fund house or as ETFs (Exchange Traded Funds) bought and sold on stock exchanges are the same from mint - money https://ift.tt/ZLze76b https://ift.tt/B5y1Us8

Travellers can earn free stays in luxury 5-star hotels by accumulating reward points from credit card usage or by enrolling in a hotel chain?s loyalty programme. Marriott Bonvoy, Club ITC, World of Hyatt, and Hilton Honors are some popular loyalty programmes. A tiered membership structure offers accelerated rewards as you climb up the tiers with increasing spends or stays. Most luxury hotel chains have partnerships with credit card firms and have transfer ratios of up to 1:3. from mint - money https://ift.tt/MT7NGOx https://ift.tt/B5y1Us8

Rising yields on debt threaten higher borrowing costs for lenders from mint - money https://ift.tt/DXdA4yN https://ift.tt/B5y1Us8

Making a Will can be a simple procedure if the assets are few from mint - money https://ift.tt/9yaqF5n https://ift.tt/B5y1Us8

Investing in mutual funds for beginners: There are three major categories of mutual funds- large-cap, mid-cap, and small-cap from mint - money https://ift.tt/Q0CB2RU https://ift.tt/B5y1Us8

Senior Citizens Savings Scheme: According to the SCSS rules, an account can be closed before the 5-year maturity period, but premature closure will incur a penalty from mint - money https://ift.tt/6Q5WroC https://ift.tt/B5y1Us8

Ideally, a balanced investment approach is to have adequate exposure to different baskets of asset classes. In this regard, multi asset alvlocation funds offer a one-stop solution. from mint - money https://ift.tt/lKOUI9o https://ift.tt/tAyTYlb

A CAMS study showed that 95% of new millennials chose advisers or distributors for their MF investments. from mint - money https://ift.tt/zg5hrOS https://ift.tt/tAyTYlb

Small, profitable firms in strategic industries are now all the rage from mint - money https://ift.tt/k1LdIm8 https://ift.tt/tAyTYlb

There are many ways to create a large corpus till retirement and one of the ways is through mutual funds from mint - money https://ift.tt/m1YxSBD https://ift.tt/tAyTYlb

‘I am confident that a large number of investors will take advantage and avail of loans against mutual funds/ shares to take care of their short-term money requirements,' said Krishna Kanhaiya, Chief Executive Officer, Mirae Asset Financial Services from mint - money https://ift.tt/mklbGeZ https://ift.tt/tAyTYlb

While many investors rely on the nomination process in their demat accounts to ensure a seamless transfer of wealth to their loved ones, it’s crucial to understand the limitations of this process. from mint - money https://ift.tt/oAjBGUS https://ift.tt/tAyTYlb

If you are on social media, chances are that you would have come across at least one travel junkie on your timeline boasting of taking free flights using air miles. from mint - money https://ift.tt/IUpxLAZ https://ift.tt/tAyTYlb

Experts suggested top mutual funds where investors can park their hard-earned money for the best return in the long term from mint - money https://ift.tt/pPjvz9q https://ift.tt/bqkAdvm

Mutual funds as an investment vehicle have gained popularity among investors, although the average ticket size of retail investors has dropped from mint - money https://ift.tt/iF4sruC https://ift.tt/bqkAdvm

Fixed deposits that qualify as tax-saving FDs (Fixed Deposits) under Section 80C of the Income Tax Act provide tax advantages to investors. from mint - money https://ift.tt/z8PNslD https://ift.tt/bqkAdvm

This story delves into the global funds that are currently made available from GIFT City and the operational and tax aspects of investing in such funds for investors. from mint - money https://ift.tt/HfVruPx https://ift.tt/bqkAdvm

As a homeowner, it's essential to understand the property taxes you're responsible for paying. Property taxes are levied on real estate and are typically based on the assessed value of the property. from mint - money https://ift.tt/dFiDRWo https://ift.tt/bqkAdvm

HDFC Bank hikes lending rates: The new loan interest rates are effective from May 8, 2023, as per HDFC Bank’s website. from mint - money https://ift.tt/H8wLSVC https://ift.tt/dEPcHvA

Senior Citizen Savings Scheme: 5 disadvantages of investing in SCSS—interest rate to fixed tenure from mint - money https://ift.tt/qY7xtMm https://ift.tt/dEPcHvA

Parag Parikh Financial Advisory Services, also known as PPFAS, has been dubbed India's Berkshire Hathaway due to its spectacular growth and flagship Flexicap Fund, which has grown 200 times in size since its 2013 launch. PPFAS takes a unique approach to investing with just one scheme on its menu that invests across market segments and international stocks. Despite initial challenges, the AMC's success has been attributed to its radical approach, professional focus, and long-term investment strategy. However, critics argue that PPFAS's performance is reliant on US tech stocks and international investments. from mint - money https://ift.tt/Ob08BYu https://ift.tt/dEPcHvA

Debt has long been a controversial topic in personal finance, with many people viewing it as a financial burden that should be avoided at all costs. from mint - money https://ift.tt/Hek1vfy https://ift.tt/dEPcHvA

Stocks of listed companies are what equity mutual funds such as multi cap, flexi cap, and focused equity funds all invest in. from mint - money https://ift.tt/QB9xnuw https://ift.tt/dEPcHvA

Unity Small Finance Bank (SFB) has hiked its interest rates on fixed deposits of less than ₹2 Cr. from mint - money https://ift.tt/kDEnXa1 https://ift.tt/dEPcHvA

This SFB has raised the bar of offering hefty interest rates on fixed deposits below ₹2 crore. A general public can earn as high as 9.10%, while senior citizens can get maximum 9.60%. Savings account customers can also enjoy 7% rate. from mint - money https://ift.tt/k8Stql1 https://ift.tt/LTOU2Rc

Income tax return: For computing taxable income, you are allowed to claim a standard deduction of 30% of the rent received by you from mint - money https://ift.tt/0yRQrVw https://ift.tt/LTOU2Rc

Women millennial investors accounted for up to 30 per cent of new millennial investors in FY23 from mint - money https://ift.tt/62zbSaq https://ift.tt/r4iUE8v

So, if your goal as an investor is to accumulate ₹1 crore, there is a simple and effective strategy that you can follow- the 15x15x15 rule from mint - money https://ift.tt/rFBWEDQ https://ift.tt/r4iUE8v

Taking a loan against a life insurance policy offers advantages such as lower interest rates compared to personal loans and a faster approval process than other lending instruments. from mint - money https://ift.tt/COvYHMn https://ift.tt/r4iUE8v

State-owned lender Punjab National Bank (PNB) in a surprise move announced an interest rate hike on bulk fixed deposits of more than ₹2 Cr to ₹5 Cr. from mint - money https://ift.tt/BDeEjJ0 https://ift.tt/r4iUE8v

The private sector lender Dhanlaxmi Bank has hiked its interest rates on fixed deposits of less than ₹2 Cr. from mint - money https://ift.tt/YSpyrdM https://ift.tt/r4iUE8v