Credit score: When debtors face financial struggles, accounts can be marked as settled or written-off. Settled accounts show partial payments made, while written-off indicates recovery efforts may continue despite significant defaults.

Personal loan EMI calculator enables borrowers to manage their monthly instalments

Best mutual funds: Sectoral funds invest in a particular sector of the economy such as infra, banking, technology and pharmaceuticals whereas thematic funds select stocks of companies in industries which belong to a particular theme

The Income Tax Department confirmed that the Income Tax Bill, 2025 does not change tax rates, including long-term capital gains, focusing instead on simplifying language and removing outdated provisions. The bill aims to enhance ease of doing business and reduce taxpayer litigation.

As business families grow more complex, structured approaches can help divide assets while preserving relationships and legacy.

Finances are an important portion of life. Getting that right, having the right expectations about money and from each other regarding money, is the foundation on which a good marriage rests. Here are a few tips to ensure that money matters do not contribute to marital discord.

A bad credit score can restrict access to personal loans and hurt job prospects. Understand credit score ranges, their impact, and the best steps to boost and maintain financial credibility.

People earning below 2.5 lakh may be exempt from filing an income tax return, unless specific financial conditions trigger mandatory ITR submission under current tax rules.

Credit card delinquencies in India rose 44 per cent to 33,886 crore, reflecting growing financial stress. Here are 5 smart credit card habits to avoid falling into debt.

Amid global trade shifts, the Indian bond market is thriving with a record issuance of 9.9 lakh crore in FY25. Livemint's new Bonds section, Bond Street, aims to empower investors with insights and resources for informed decision-making in the fixed income landscape.

Selling a property after upgrading it? From kitchen remodels to boundary walls, heres what you can claim as improvement cost under tax rules. Mint explains.

Tax-payers opting for old tax regime can claim deduction on education expenses such as tuition fees, preventive health check-up, etc. Certain spending attracts TCS, which can be claimed regardless of old or new tax regime.

The Central Board of Direct Taxes (CBDT) declared on Monday, 28 July 2025, that it is relaxing the time limit for income tax returns (ITRs) that were erroneously rejected by CPC. After the returns are processed, the department will issue the refund with interest if applicable in certain cases. 

India saw over 65,000 crore digital payments worth 12,000 trillion from FY20 to FY25, the government said. Fueled by UPI and targeted policy effort, this digital adoption soared beyond the metros, boosting financial inclusion and bringing millions of vendors and rural users into the formal economy.

After RBI cut the repo rate by a total of 100 basis points in three consecutive policy meetings, most banks followed suit and cut their interest rates

ITR 2025: These are some of the precautions you should take while filing your income tax return.

Co-branded credit cards offer various benefits like discounts and cashback. Key cards include Standard Chartered EaseMyTrip, Yatra SBI, and Amazon Pay ICICI, each with unique rewards.

If a parent gifts money to a minor child, any income generated from investing those gifted funds must be clubbed with the parents income under Indian income tax laws.

The report lists out latest trends relating to borrowing trends of Indian consumers. The report highlights that personal loan POS grew from 10.7 lakh crore to 14.6 lakh crore over two years but year-on-year growth fell sharply from 25.2 percent in FY2024 to 9.1 percent in FY2025.

A personal loan for debt consolidation can simplify repayments, reduce interest costs and improve financial control when used smartly, especially in managing high-interest debts across the country.

It's important to step out and talk to regular people your security guard, the person who sells you coconut water, or your auto driver to realise basic common sense is worth much more than 200 crore.

Income from foreign clients must be declared in Schedules FA and FSI in your ITR. Avoid penalties under the Black Money Act by understanding how to report and claim relief correctly.

Filing your income tax return even with zero liability ensures financial credibility, smooth loan approvals, quicker refunds and future compliance benefits across the country, making ITR filing a smart financial step.

Credit Information Companies (CICs) in India collect and analyse credit data for lenders, influencing loan approvals and credit limits. They also manage dispute processes for credit report errors, playing a crucial role in the credit ecosystem and ensuring regulatory compliance.

Students can build credit score without income by using secured credit cards tied to fixed deposits. Responsible usage and timely payments are essential for improving credit scores over time.

A private trust is a beneficial structure for Indian families managing wealth, ensuring succession and asset protection. It serves as a guideline for wealth distribution and is regulated under the Indian Trusts Act, 1882, rather than a tax evasion tool.

Digital KYC is transforming personal loan processing by enabling faster customer onboarding and compliance with regulations. It prevents fraud and identity theft while being mandatory for all personal loans in India, streamlining the verification process for lenders and borrowers alike.

Exceeding your credit card limit can trigger hefty penalties, credit score damage, and hidden costs, causing financial distress for users across the nation despite regulatory safeguards in place.

Mutual fund: Independence and Retire Early (FIRE) is one of the key financial goals for GenZ investors, incentivising them to set aside a portion of their earning and invest in the long-term assets

Credit cards offer 45-day zero interest period aside from offering cashbacks and rewards. This typically goes in the favour of using card for rental payment

Banks typically give upto 20 times of monthly salary to borrowers. Borrowers, in this case, used fake documents to inflate their salaries to increase their loan eligibility.

The new Strata Elite Card by Citigroup, with a $595 annual fee, seeks to disrupt the luxury credit card market. It promises huge rewards for travel and dining, positioning itself against competitors like the American Express Platinum Card.

Since the reimbursements were taxed at the withholding stage and a tax was deducted at source by the employer, you may consider the same as non-taxable while filing your ITR for FY25.

Term insurance is more than a financial product. It is a public good, a stabiliser and an enabler of inter-generational progress. Countries with high life insurance penetration arent just better prepared for personal loss; they are also economically more resilient.

These bonds, named after Section 54EC of the Income Tax Act, 1961, offer a tax exemption on long-term capital gains if bought withing six months of selling the asset.

Mutual Funds: If someone were investing 10,000 every month in Edelweiss Flexi Cap Fund, the total corpus would have grown to 28 lakh

It is not uncommon to witness discrepancies in the information recorded in AIS and the actual number. If the information on AIS is wrong, duplicated or pertains to someone else, one can share feedback on it.

With 17 ombudsman offices overwhelmed by complaints, IRDAI suggests insurers appoint internal ombudsmen to address unresolved issues within 30 days. This initiative aims to improve efficiency and provide quicker resolutions for policyholders, ensuring transparent grievance handling.

India's gig economy has surged to 12 million workers in FY 2024-25, driven by digital connectivity and urbanization. This shift marks a structural transformation in labor, with gig workers gaining recognition and improved access to credit, though challenges like income volatility remain.

PM Jeevan Jyoti Bima Yojana offers one-year term life cover of 2 lakh to all the subscribers in the age group of 18 to 50 years for payment of 436 insurance per annum

Personal loans offer quick access to funds without collateral, flexible usage, fixed EMIs and minimal paperwork, making them a popular financing option across the nation over credit cards or secured loans.

Credit report errors can lower your credit score, affecting personal loan approvals and interest rates, making regular credit report checks and timely corrections essential for good financial health.

Kotaks new Solitaire program offers loans, premium cards, and family benefits for affluent customers. But do these rewards justify locking away 75L 1 crore?

Taking a personal loan to invest can increase potential gains but also financial risks. Fixed repayments may conflict with unpredictable investment returns, leading to financial stress.

Delaying income tax filing in the country can lead to penalties and stress; this guide explains common reasons for late ITRs, penalties, and simple ways to file on time.

As Mumbai sizzles with monsoon cravings, heres a handpicked list of films and shows thatll make you rethink your relationship with money. Forget the usual suspectsthis lineup dives deeper.

If you have a poor credit score, you could build your score gradually by repaying a small amount of personal loan first and then raising a bigger ticket loan soon afterwards

The stress test for the month of June reveals that it will take 52 days for HDFC small cap fund to liquidate 50 percent and 26 days to liquidate 25 percent of its portfolio.

Till now, select SBI credit cardholders were eligible to complimentary air accident insurance of up to 1 crore. However, this benefit will be discontinued starting July 15, 2025, as part of SBI Cards latest policy overhaul.

Income Tax: The five types of income liable to tax include salary, capital gains, house property, business or profession and income from other sources.