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There are several ways to invest in gold, including Gold ETFs, Electronic Gold Receipts, and Digital Gold. But which option is best for regularly investing your surplus monthly income? Lets explore.

Credit cards incur various fees such as joining, annual, transaction, cash advance, and late payment charges. Fees can vary widely and may be waived based on spending. Understanding these costs is essential for managing credit effectively.

Knowing the difference between hard and soft credit inquiries is important for maintaining good credit health. Soft inquiries do not impact your credit score, whereas multiple hard inquiries within a short period can reduce it. Responsible credit habits can help you build a strong credit profile. 

Flexi cap funds are types of equity mutual funds that invest at least 65% of their collected money in equity and related instruments. They invest across large-cap, mid-cap, and small-cap stocks.

Goa is ideal for energetic group vacations with nightlife and beach activities, while Puducherry offers affordability and relaxation. Goa's costs range 10,000- 12,000, whereas Puducherry can fit within 8,000- 10,000, making it suitable for budget-conscious travelers seeking a peaceful experience.

On May 24, gold prices in India remained stable with 24-karat gold at 159,340 per 10 grams. Silver prices also showed limited movement. The MCX is closed on weekends, affecting live trading rates.

Madhya Pradesh's Ladli Behna Yojana offers 1,250 monthly to over 1.25 crore women. Government employees are ineligible, while salaried women in private jobs can apply if their family income is below 2.5 lakhs. The scheme promotes women's economic empowerment since its launch in June 2023.

Investing through SIPs, it's essential to prioritize consistency and cash flow over frequency. Monthly SIPs are preferred for their efficiency and discipline, offering similar long-term returns as daily SIPs, while quarterly SIPs may underperform due to longer idle periods before investment.

US-focused funds have outperformed Indian equities over the past decades, raising questions on allocation. Abhishek Kumar warns against excessive investment in US equities, advocating for a 5-15% allocation for diversification while noting the risks and tax implications for Indian investors.

PFRDAs new NPS Retirement Income Scheme lets retirees keep non-annuitized corpus invested and withdraw it gradually till age 85. Here is what you need to know about the two withdrawal options and how to choose between them.

As markets grapple with war, oil shocks and uncertainty, the temptation to forecast grows. But the most valuable advice may still be the simplest: stay invested and admit what no one knows.

India's banks will be closed for two days next week, including May 27 for Bakrid. The RBI has declared nine holidays this month. Online banking remains operational during these closures, allowing customers to conduct transactions anytime.

The Income Tax department has notified ITR forms for FY 2025-26. Taxpayers must select appropriate forms to avoid defects that delay processing and refunds. Here's what happens if a person files the wrong ITR form.

In Bengaluru, high living costs limit savings for professionals. A ChatGPT inquiry about spending 20,000 monthly on an iPhone or investing it reveals significant financial implications, with potential wealth loss of 1417 lakh over five years if not invested.

Margin Trading Facility (MTF) allows investors to buy stocks by paying a portion upfront, with brokers funding the rest. While it offers opportunities, it carries risks as borrowed amounts incur interest. Details here.

ChatGPTs opening response was direct and reassuring: Your goal should be to double your savings from 25,000 to around 50,000 per month

For a Hindu woman dying intestate (without a Will), the legal line of succession depends entirely on the asset's originspecifically distinguishing between self-acquired and inherited property

Freelancers in India can simplify tax filings using Section 44ADA, allowing them to declare at least 50% of gross receipts as taxable income. Details here.

A Reddit post highlights a family's struggle to locate a deceased father's financial assets, sparking discussions on the importance of organizing financial information for families. Here's what experts recommend to avoid such a situation.

Foreign investors have withdrawn over 2,20,000 crore from Indian equities in 2026, influenced by high oil prices and inflation. How should retail investors navigate this situation? Read to know 

The EPF scheme supports retirement savings with both employees and employers contributing 12% of basic salary. The EPS provides pensions for eligible employees after retirement. Details here.

Retirement planning: We asked experts how much corpus a 27-year-old freelancer, living in Chennai and planning to retire to Munnar, will require to support parents and slow work by 55 years of age. Here's what they said

Debit card EMI influences credit score based on repayment behaviour, with timely payments improving credit profile while defaults or multiple loans may negatively affect borrowing capacity across financial institutions.

With a dedicated credit limit for business expenses, the card can be used across a wide range of expenses including office supplies, digital marketing spends, SaaS subscriptions, and business travel.

Thailand is ideal for nightlife and shopping, while Vietnam excels in affordability and culture, making it the best value. Sri Lanka offers a peaceful holiday. For 50,000, Vietnam provides a premium experience with quality accommodation and food.

Investing benefits from compounding over time, highlighted by the '8-4-3 rule' which shows how wealth accelerates. FundsIndia's report emphasizes patience, revealing that equities show true potential after seven years, with returns significantly outweighing contributions in the long run.

Missing a home loan EMI can hurt your credit score and weaken your financial stability. Timely communication with your lender, smart repayment planning and expert financial advice can help you manage the situation effectively.

Parents can build a 1 crore corpus for their child by age 18 through early investments, averaging 8,000 10,000 monthly via SIPs. Compounding plays a key role, and delaying investment increases monthly contributions significantly.

There is no single best SIP date for maximizing long-term returns; historical trends show negligible differences between dates. Staggered SIPs on the 1st, 15th, and 25th offer a balanced approach. Factors like increasing SIPs and maintaining asset allocation are more important for wealth creation.

Teen-focused fintech apps like Paytm Pocket Money and FamApp are helping young Indians make digital payments without bank accounts through prepaid cards, UPI access, parental controls and budgeting tools.

On 23 May, gold prices in India remained stable, with 24-karat gold priced at 159,320 per 10 grams. Silver prices also showed limited movement, with 999 Fine silver at 272,250 per kg. MCX trading is closed on weekends, limiting live updates.

Delhi Chief Minister Rekha Gupta announced the resumption of issuing new ration cards from May 15 after 13 years. The government has cancelled 7.72 lakh invalid cards and is inviting fresh online applications, with eligibility limits for annual family income raised from 1 lakh to 1.20 lakh.

The PFRDA has clarified that NPS Tier-II accounts will incur annual maintenance charges (AMCs) similar to Tier-I accounts. The AMC for dormant accounts will be 10% and PRAN opening charge shall apply only at the time of initial PRAN generation. 

Petrol and diesel prices rose by up to 91 paise per litre, marking the third increase in less than 10 days. Analysts predict further hikes may be necessary as oil companies face significant losses due to elevated crude prices stemming from the West Asia conflict.

All banks in India are closed on May 23, 2026, due to the scheduled bank holiday on the fourth Saturday. This closure is part of the RBI's holiday schedule, with banks also closed on specific Sundays and local holidays varying by state.

The Public Provident Fund (PPF) is a government-backed savings scheme in India, offering 7.1% interest with tax benefits. Individuals can only maintain one account to prevent misuse of tax benefits.

Modern tax compliance has transformed into an entirely data-driven process. Contemporary income tax returns are never evaluated independently

Taxpayers who earn capital gains are required to report them when filing their income tax returns using the appropriate ITR form.

Tax liability of individuals is influenced more by residential status than citizenship under Indian tax law. NRIs and foreign citizens may be taxed based on their days in India and income nature. Here's what you need to know.

Life insurance provides financial protection for policyholders' families upon their death. Premiums can be paid regularly or as a lump sum. Here's when your policy lapses and ways to revive it among other details.

8th Pay Commission Update: The commission's Lucknow visit is scheduled for 2223 June and appointment requests have to be submitted before 10 June. Check out the latest developments and how the fitment factor has risen from 1.86 to 2.57. 

Many retirees may believe that ITR filing is optional. Pension income is taxable, requiring ITR submission based on total income. ax rules, forms and deductions explained here.

Requesting an additional credit card requires strategic planning to enhance approval chances and protect financial health. Frequent applications can negatively impact credit scores, so stagger requests to minimise adverse effects while considering your credit history.

Financial planning for children includes SIP investments, term insurance, health cover, Sukanya Samriddhi Yojana, emergency savings and legal protection to secure a prosperous future for every family across the country.

EPFO will soon enable members to withdraw Provident Fund money via UPI, according to Union Labour Minister Mansukh Mandaviya. Heres how instant EPF withdrawals will work.

Smart budgeting on a monthly salary of 1 lakh depends on effectively managing in-hand income, controlling expenses, prioritising savings, and diversifying investments for long-term financial stability. 

Credit card EMI conversion lets you pay off large transactions in smaller, fixed monthly instalments with interest. Here's how it is different from paying the minimum due and which option is better for your credit score.

Asset allocation is crucial for long-term wealth creation. A balanced portfolio of equities, debt, and gold offers stability and higher returns, as shown in FundsIndia's report. Diversification reduces volatility and downside risk, ensuring a smoother investment journey over time.

A seven-day Sweden trip sounds romantic on paper, but when flights, visas, hostels and daily costs are added up, is Sweden actually realistic for a middle-class Indian traveller on a 1.5 lakh budget? We asked ChatGPT for a brutally honest financial and logistical breakdown.

PPF investment with disciplined annual contributions and long-term compounding can help investors build a 1 crore corpus and generate more than 50,000 stable monthly income through guaranteed interest returns, all one needs is proper planning and patience.