News

8th Pay Commission: The Finance Ministry confirmed that the 8th Pay Commission will not merge dearness allowance or relief with basic pay.

The new income tax returns form under the Income Tax Act, 2025, will be issued before the 2027-28 financial year, according to Minister of State for Finance Pankaj Chaudhary.

A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, an online Form 10FA must be submitted, confirming tax residency in India for the relevant financial year.

Credit report errors such as incorrect details, misreported repayments, active closed loans and duplicate accounts can reduce your credit score and hinder loan approval, making regular credit report checks essential.

The markets in 2026 may test investors. When instinct pushes for quick reactions, it is behaviour discipline, restraint, and clarity of purpose that will decide outcomes.

Gifts from relatives are exempt from tax, while gifts over 50000 from non-relatives are taxable. Gifts received during marriage are fully tax-exempt. 

Each AIF is different and an investor needs to understand if and where it fits into their asset allocation mix, based on their portfolio size, risk-taking ability, return expectations and liquidity considerations

As part of Mints travel series, the couple shares details of their nine-day Oman holiday, showing how its possible to enjoy a full, hassle-free holiday without stretching the wallet.

As 2025 ends, it's vital to debunk personal finance myths, especially regarding credit. Misconceptions include beliefs that BNPL doesn't affect credit scores, high income ensures good scores, and closing old cards is beneficial. 

Axis Bank credit cardholders can transfer their reward points to 20 partners (6 hotels and 14 airlines) categorised into Group A and B. There are groupwise calendar year limits on points transfers.

With traditional domestic mutual funds reaching overseas investment caps, this guide explores alternative routes, including Gift City funds, foreign brokerage platforms, and global mutual funds, to help build a robust international portfolio.

Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.

From expensive stocks to liquid funds and corrections, everyday language in finance often means something entirely different and its tripping up even sensible investors.

Personal loan apps make borrowing smoother and quicker than traditional loan options. Since the entire process can be completed on a mobile phone, you can stay in complete control.

Capital markets regulator Sebi passed an order impounding over 546 crore in the accounts of unregistered investment advisor Avadhut Sathe and his trading academy.

Until August 2024, credit institutions used to update credit information monthly. On 8 August 2024, the RBI instructed CIs to carry out credit information reporting every fortnight. This is now being revised to every week.

Senior citizens can choose the best credit card by considering factors such as low fees, competitive interest rates, rewards, fraud protection, mobile support, and flexible EMI options.

Interest rates on home loans, when linked to EBLR and MCLR, are adjusted based on the change in the RBI's repo rate.

Personal loans can support recovery after financial setbacks by offering quick, flexible credit, manageable EMIs and structured borrowing guidance while highlighting key risks and the importance of disciplined repayment.

Self-employed or informal income? Learn how to secure a personal loan by leveraging alternative income documents (ITR, GST, bank statements) and maintaining an excellent credit score above 750.

RBIs MPC delivers an unexpected unanimous 25 bps rate cut as inflation plunges to 0.25% and growth projections rise. Liquidity infusion of 1.5 lakh crore aims to speed up rate transmission.

Indias life insurers are strengthening trust through faster settlements, digitized processes and tighter governance, even as challenges like nomination gaps and fraud prevention persist.

Esops help in retention and wealth creation, but a behavioural reluctance prevents many employees from selling company stock, even when it creates dangerous concentration risk in their portfolio.

Health insurance plans are typically seen as a safety net that comes into use only during hospitalisation. However, this phenomenon has undergone a sea change in 2025, according to a Policybazaar report.

Both equity-linked savings schemes and index mutual funds are suitable for long-term investment.

FD interest rates: We list out NBFCs such as Muthoot Capital and Shriram Finance that offer high interest rates on their fixed deposits (FDs)

Digital loans accounted for 19% of the sanction value and 80% of the sanction volume

Despite golds stellar run and equities late-year recovery, 2025 shows why chasing performance can hurt investors. A diversified, style-balanced portfolio is key to navigating shifting market cycles.

While the percentage-based model that some RIAs offer may provide a wider range of services, the fixed-fee route can help clients access core financial planning for as low as 20,000 in the first year.

Mutual Funds: To accumulate 1 crore in the next 10 years, you must invest 43,470.95 every month in mutual funds via a systematic investment plan, assuming a 12% annual rate of return.

There are half a dozen mid-cap mutual funds that have delivered over 25% annualised returns in the past three years. A CAGR return of 25% over three years implies that an investment of 1 lakh would have grown to 1.95 lakh.

CBDT sent messages and emails starting 28 November to taxpayers, urging them to revise their income tax returns (ITRs) before the 31 December deadline by disclosing their foreign income and assets

A common trick fraudsters use to dupe credit card customers is to offer credit enhancement. Under the pretext, it is easy to convince people to share their card number, CVV, expiry date and even the OTP.

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.