Early filing can help taxpayers get refunds sooner. Additionally, it gives them more time to revise or correct returns without penalty, say experts.

Before onboarding, a portfolio manager and the client will enter into a written agreement that clearly defines the relationship and sets out their mutual rights.

Finance Minister Nirmala Sitharaman has refuted media reports that said the new government will bring some sweeping changes in the income tax system after the Lok Sabha election results.

Credit counselling entails a number of sessions where you receive guidance on managing your finances, creating a budget, and developing strategies to repay debt. Putting this advice in practice can lead to better financial habits, which may eventually improve your credit score.

Balance transfer can be a useful tool to manage debt and improve your credit score. It should not be seen as a quick fix since improving your credit score takes time and regular financial management habits.

On the campaign trail, the US President said xenophobia was responsible for stalling economic growth in India, China and Japan. His comment is puzzling, especially in India, which has the worlds fastest-growing major economy and prides itself on inclusivity.

Personal loans are becoming more attainable, user-friendly, and customized to suit individual requirements. Furthermore, in areas such as India, the utilization of data analytics for credit evaluation and a concentration on simplified loan solutions in rural sectors are burgeoning trends.

Although using a personal loan to settle your student loans may seem feasible, many lenders might reject your application if they discover that the loan will be utilized for this specific purpose.

Open AI-founded chatbot tells investors with a high risk appetite to opt for cryptos since the market is highly speculative and volatile. The popular options are bitcoin, Ethereum and other altcoins.

Exactly two months before the expiry of the deadline for nominating a nominee for mutual fund folios, Sebi made the process optional for investors who hold accounts in joint mutual fund folios

Whatever premium-payout combination one designs, the point remains that the IRR in traditional life insurance plans tends to be poor.

In terms of number of transactions, the figure declined to 13.30 billion in April from 13.44 billion in the preceding month

In its meeting on 30 April, the board of Sebi approved the proposal to reduce the minimum ticket size for privately placed listed bonds to only Rs10,000 from Rs1 lakh earlier. Let us understand why it was done and what implications this has for investors, bond market, and issuers.

The start of a new financial year presents an ideal opportunity for a fresh beginning in your finances. Its a moment to capitalize on renewed motivation and implement essential financial planning principles.

Insider trading refers to the buying or selling of a publicly traded company's stock by someone who has non-public, material information about that stock. Participating in insider trading, whether knowingly or unknowingly, can have serious implications for demat account holders in India.

The IPL season provides valuable insights for investors, adding an extra dimension of excitement to watching the matches.

Some ways of using your annual bonus include treating yourself, repaying high-cost debt, emergency fund, upgrading skills, tax planning, financial goals, home loan prepayment, etc.

Patience is crucial for investors during uncertain times, offering long-term returns. Retail investors should prioritize transparency, network building, and understanding market risk to maximize investment potential.

Your plan to step up the SIPs every year to build a downpayment corpus is good as you would have been able to reach around 44-48 lakh with the present monthly investment of 40,000 per month for the next 6 years, if we assume an annual return of 10-12%.

It is still early days in India for passive funds, but without doubt, there is a growing interest.

Balpreet Singh's family opted for structured financial planning under the guidance of a fee-only registered investment adviser

A senior citizen can submit form No. 15 H if the total tax on her income is nil

There are two major share depositories in India: NSDL (National Securities Depositories Limited) and CDSL (Central Depositories Services Limited).

In order to maximise the advantages of demat accounts, new investors need to carefully choose the right depository participant or stockbroker.

Automated trading, also known as algorithmic trading or mechanical trading systems, involves using specialised software backed by algorithms to execute trades at high speed.

Investment is a complex activity, and finding the right investment solutions is even more challenging in current times.

Women in India juggle work and family responsibilities while facing specific health challenges. Specialized health insurance is essential to address issues like stress, reproductive health, and cancer.

It is true that TDS rates on interest and dividend income are different for a resident and a non-resident unitholder.

May is a crucial month for taxpayers with important deadlines including depositing taxes, issuing TDS certificates, filing statements and more.

As per available data, MFs command over 55 trillion in assets and traditional NPS tier-1 funds have assets worth Rs1.75 trillion, while NPS tier-2 funds only have 5,435 crore under its hood.

Gifting shares or bonds through a demat account is a unique gesture symbolising a lasting investment in the recipient's future. It can be done via off-market trades or online platforms provided by brokerage firms.

ITR filing 2024: Salaried individuals can file income tax returns for FY 2023-24 from June after receiving Form 16. The form includes PAN, TAN, salary details, deductions, and tax deducted at source (TDS)

Some banks offer higher interest rates on Fixed Deposits (FDs) compared to Sukanya Samriddhi Yojana (SSY), making FDs more appealing for investors seeking fixed returns

Major financial institutions like Yes Bank, ICICI Bank, and HDFC Bank are implementing changes to savings account charges, credit card rules, and fixed deposit schemes starting May 1, 2024.

Investors can borrow funds from brokers with interest rates ranging from 9-20%, but such leveraged bets also come with higher risks

Critical illness insurance is crucial as it provides financial support in case of serious illness. Buying a standalone policy covering a maximum number of critical illnesses is recommended. Ensure the coverage is at least equal to your life insurance amount

Dematerialisation is the process by which a trader or investor converts physical share certificates into electronic shares. Here's a look at the cost of converting physical shares into electronic form and why you should do it?

If you want the return data to reveal all its secrets, you will need to undertake a factor-based analysis for which historical NAV is needed

The issue is secured and redeemable, rated AA/stable by Crisil Ratings and India Ratings.

Understanding the holding period is crucial for investment success, influencing tax implications, risk management, and overall returns. Investors hold stocks for varying durations based on market conditions and investment strategies, aligning decisions with financial goals and objectives.

There are numerous ways to improve your credit score quickly: paying off your existing debt, paying credit card bills on time, maintaining good credit mix and reducing credit utilisation.

Spends on a travel-focused card earn the cardholder rewards that can be converted into loyalty points of partner airlines or hotels, or can be used to book flights or hotels through the travel aggregator platform of the bank or card issuing company.

To minimize tax liability, retail investors should diversify their portfolio with tax-exempt assets and choose between dividend and growth stocks wisely. Investing in assets with indexation benefits and utilizing systematic withdrawals from equity funds can further reduce tax burden.

Tax filing season is approaching, plan ahead to avoid last-minute hassles. Check ITR form eligibility, residential status, choose tax regime wisely, maintain proper documentation and more.

It is vital to incorporate discussions around credit scores into regular conversations about money and finance.

EPF subscribers anxious over delayed interest crediting; EPFO assures no loss of interest, interest for FY 2022-23 credited to 28.17 crore accounts.

In most cases, ITR filed before 15 June will get a mismatch notice from the IT department due to incomplete data regarding TDS, statement of financial transactions, TCS, etc.

Interest rates will probably stay higher for longer not just in the US, but here in India too. It could restrain a revival in private investment and constrain what the government can spend.

Vishal Khandelwal tries to apply Charlie Munger's investing philosophy in the Indian context

The 53-year-old chemical engineer with a Gujarat-based fertiliser company offers free investment advice to the more than 133,000 members on his Facebook page.