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Recent tribunal rulings say NRIs in select treaty countries can pay capital gains tax only where they live making Indian mutual fund redemptions potentially tax-free if documents are in place.
Warren Buffetts former daughter-in-law, Mary Buffett in an old interview mentioned that the Berkshire Hathaway Chairman used to give all family members $10,000 as Christmas gifts.
For credit card application approval or rejection, in addition to the credit score, a banks eligibility checks typically include the city of residence, employment status, minimum income, age, and residential status, among other factors.
Two months rent as security deposit, the landlord must give 24 hours' prior notice to inspect the property and cannot enter before sunrise or after sunset
Investors often assume that adding a multi-asset fund equals instant diversification. But unless the allocation is meaningful, the exposure to each asset may be too small to make any real difference.
An occupancy certificate is one of the most important documents to be verified at the time of buying a property
World Cup-winning Indian women's cricket team skipper Harmanpreet Kaur says she is happy to be the first customer of PNB RuPay Metal Credit Card Luxura.
Grievances against the banks comprised the largest portion, accounting for 81% of complaints received. This was followed by NBFCs accounting for 14.80% of complaints received during FY 2024-25.
Income Tax: There are certain scenarios in which you can file a revised return, but these do not include the filing of a return after an inquiry notice by the assessing officer under section 142(1).
AadhaarUAN seeding: There will be no further extension for mandatory Aadhaar seeding with UAN for filing of ECR (Electronic Challan cum Return), announced EPFO via circular dated 1 December
Total UPI transactions witnessed a 22% year-on-year rise in volume terms, reaching 26.32 lakh crore in November.
A credit score is shaped by payment history, credit utilisation, credit mix and inquiries, with disciplined borrowing and timely repayments helping maintain strong creditworthiness in todays expanding credit-driven economy.
HSBC is offering a 40% bonus for the transfer of credit card reward points to the Marriott Bonvoy program. The offer applies to 5 HSBC credit cards, is valid for a month, and the bonus Marriott Bonvoy points are capped at 2,00,000 per customer.
Rural lending is crucial for India's growth, as improved infrastructure and entrepreneurship thrive in these areas.
Indian tax laws treat marriage and divorce as significant events affecting tax liability. Gifts received during marriage are exempt up to Rs. 50,000. Alimony taxation varies, with lump sum payments considered capital receipts while periodic payments are taxable.
An individual whose total tax liability from non-salary income exceeds 10,000 after accounting for TDS and TCS must pay advance in four instalments. Heres how it works
Early investing during high-income, low-responsibility years builds the compounding base families rely on later. How couples can preserve discipline as income patterns shift with marriage and kids.
WhatsApp chats have become a common source of evidence in income-tax investigations. However, recent ITAT rulings indicate that such messages require independent corroboration to be deemed valid, as courts emphasize the need for solid evidence over mere speculation.
Paying a credit card bill with another credit card is mostly restricted, but balance transfers offer a safe alternative while cash advances carry high fees and interest for cardholders.
Under Indian income tax law, a transfer of property between specified relatives qualifies as an exempt transfer and therefore does not trigger capital gains tax for the sender.
Sebi's move to lower mutual fund costs could help investors grow long-term wealth with smaller fees.
A strong credit score reduces credit card costs by securing lower interest rates, higher limits and better offers while poor scores increase borrowing risks, making responsible credit behaviour essential.
Many people with disabilities are unable to access financial services because their conditions prevent them from completing electronic know-your-customer procedures. There's plenty that needs to be done to resolve this, experts say.
Long-term capital gains on the sale of residential property are exempt only if the gains are reinvested in another residential property or on investment in certain bonds, capped at 50 lakh.
Starting December 1, 2025, changes in key money rules could affect your daily expenses. These include possible update in bank loan rates, bank working days, monthly fuel rates revision and pension requirements among others.
Capital markets regulator Sebi has announced that the investments made by mutual funds and specialised investment funds in real estate investment trusts (REITs) would be reclassified as equity related instruments.
Almost all banks offer 50 basis points higher interest to those depositors who are above the age of 60.
If someone had invested 1 lakh in the ICICI Prudential Value Fund at its launch on 16 August 2004, the amount would have grown to 48.5 lakh by 31 October 2025, delivering an annualised return of 20.1%.
There is a noticeable shift from survival to success with digital lending and smart credit as catalysts of aspiration, reveals a report titled 'How India Borrows' by Home Credit India.
The student credit card scheme is aimed at supporting higher education, allows students to avail themselves of loans up to 10 lakh at a nominal interest rate, and the entire interest subsidy is borne by the state government
A strong credit score impacts financial opportunities at every stage of adult life enhancing loan approvals, lower interest rates, credit card benefits, and long-term financial stability from 25 to 60.
If you are a frequent traveller and a credit card user at the same time, you are recommended to use the cards that offer airmiles
Best Mutual Funds: We list out mid-cap mutual funds which have delivered more than 25% annualised returns in the past five years
Taxpayers are issued a refund, along with interest at the rate of 6% per annum, which will start on 1 April 2026 and continue until the date of issue.
Effective 1st October, banks can reduce the spread charged on a loan earlier than three years. Customers can benefit faster from lower interest rates and save money on the interest amount paid.
An NRI living in Dubai missed the July deadline for filing an Income Tax Return but wants to claim a refund of excess TDS deducted on a stock buyback.
The four new labour codes notified on 21 November come with a mixed set of implications for employees.

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