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Investment / Livemint

Legal minefield: Decoding capital gains tax on the sale of leasehold and tenancy rights

A recent Bombay High Court ruling broadened capital gains tax to include tenancy/leasehold rights, impacting tax liabilities and exemptions on property redevelopment.

28 May 2025 5:20 pm
The split-up: How to protect your assets before and after marriage

Prenuptial agreements are more likely to recognized for Hindus under the Special Marriage Act, helping to protect assets and clarify inheritance. Family courts have become more receptive to these agreements, viewing them as beneficial in mitigating disputes during divorce proceedings.

28 May 2025 4:25 pm
ICICI Emeralde Private Metal Credit Card issues? Heres how to get fast support

Check out ICICI Emeralde Private Metal Credit Card support options, including toll-free numbers, email assistance, concierge services, and complaint redressal mechanisms for faster resolution of card-related issues.

28 May 2025 3:59 pm
How you can save tax on buying a mobile phone, laptop or leasing a car

The new regime still allows employers to reimburse the cost of mobile phones, laptops, or car leases if they are used for official purposes.

28 May 2025 2:30 pm
Want better loans in Delhi? Here's how to keep your credit score above 750

Maintaining a 750+ credit score in Delhi requires timely repayments, low credit utilisation, balanced credit mix, and regular credit report checks to access better loan deals and credit opportunities.

28 May 2025 1:46 pm
IndusInd Bank Samman Credit Card: Features, eligibility and how to apply

IndusInd Banks Samman RuPay Credit Card offers government employees cashback, UPI access, and fee waivers, with a simple online application process and essential financial safety guidelines.

28 May 2025 12:15 pm
How to get 3.5 lakh personal loan from Kotak Bank in just a few clicks

Kotak Mahindra Bank offers personal loans up to 35 lakh and higher with easy eligibility, quick approval, and digital application at competitive interest rates.

28 May 2025 12:13 pm
Worried about identity theft? Heres how a credit freeze can help

To protect your credit profile from identity theft, consider a credit freeze. This prevents access to your credit report, stopping new accounts from being created. It can be temporarily lifted, does not affect your credit score, and is a proactive measure against fraud.

28 May 2025 12:10 pm
Defaulted on a loan? Here are 7 ways to repair your credit fast

Loan defaults can severely impact your credit score and future lending opportunities. Recovery involves reviewing credit reports, disputing errors, budgeting, and making timely repayments. Patience and consistency are essential for rebuilding credit over time.

28 May 2025 10:53 am
Ask yourself these questions to avoid emotional investing

Investors continue to exhibit the same emotional tendencies: fear, greed, overconfidence, herd behaviour, and loss aversion.

27 May 2025 6:01 pm
27 May 2025 5:18 pm
Top 6 IRCTC credit cards for frequent train travel: Rewards, discounts and more

IRCTC offers co-branded credit cards with HDFC Bank, SBI, Bank of Baroda, and RBL Bank, providing benefits for frequent train travelers. Users earn 'Travel Points' for ticket bookings, redeemable for future travel. Loyalty users can also earn points on other purchases.

27 May 2025 4:02 pm
Moving abroad? Here's what you should do with your NPS investments.

Can you still keep investing in NPS after becoming a non-resident Indian or an overseas citizen of India? What are the compliance requirements, tax consequences, and rules around withdrawals? Read on to find out.

27 May 2025 2:22 pm
Mutual fund mis-selling: What the first public disclosures reveal

The mutual fund industry is taking steps towards transparency with new quarterly reports highlighting mis-selling cases by distributors. A review shows that four major fund houses reported six cases, primarily involving unauthorized switch transactions. 

27 May 2025 1:40 pm
Defaulted on a personal loan? Here's how long it stays on your credit report

Defaulting on a personal loan in India affects your credit score for up to seven years. This article covers its impact, recovery steps, and the role of disciplined financial behaviour.

27 May 2025 1:39 pm
Karnataka Bank Prime SBI Credit Card: Step-by-step application process

Understand how to apply for the Karnataka Bank SBI Card PRIME in simple steps, check eligibility, and explore key benefits like lounge access, reward points, and milestone vouchers.

27 May 2025 12:40 pm
How to open a demat account with HDFC Securities? A step-by-step guide

Opening a demat account with HDFC Securities is a quick, paperless process completed online in minutes. This guide outlines eligibility, document requirements, account features, and the seamless application steps for investing in equities, mutual funds, IPOs, and more.

27 May 2025 12:11 pm
How divorce settlements affect your credit score? What you need to know

Divorce impacts both financial and emotional aspects, particularly credit history. Joint loans remain binding unless legally severed, affecting credit scores if not managed properly. Alimony can stabilize finances if paid timely, reflecting financial discipline and improving creditworthiness.

27 May 2025 12:02 pm
Rebuilding credit? Heres why a secured credit card is your best first step

Secured credit cards are essential for those with poor credit histories, offering a way to establish creditworthiness. By making a deposit, users can access credit limits, and with responsible use, they can improve their credit scores, paving the way for better financial opportunities.

27 May 2025 10:46 am
The Dhandho Investor: 5 timeless lessons from Mohnish Pabrais low-risk investing strategy

Mohnish Pabrais The Dhandho Investor champions low-risk value investing through simple, proven businesses, downside protection, and high-conviction bets for long-term wealth creation.

26 May 2025 5:06 pm
Life of a soldier: A secure job, but financial literacy lags

Financial literacy among military personnel is traditionally low. While their job is secure, there's a crucial need for financial education to secure their future and move beyond traditional investment strategies

26 May 2025 4:38 pm
Ayushman Vay Vandana card: 5 lakh health coverage for senior citizens above 70 years | Here are 10 steps to apply

Ayushman Vay Vandana Yojana, part of Ayushman Bharat, offers free medical insurance up to 5 lakh for senior citizens over 70. The Vay Vandana card, introduced in October 2024, allows access to free treatment in government and private hospitals without income restrictions.

26 May 2025 3:58 pm
Are sector funds worth the hype? Not for most investors

Sectoral funds promise high returns but are tough to time and risky for retail investors. Diversified, thematic strategies offer smarter, more consistent long-term outcomes.

26 May 2025 3:02 pm
Who is an education loan guarantor? Meaning, role, and responsibilities explained

Education in India has become costly, leading many students to rely on education loans, which often require a guarantor. A guarantor's role is to ensure loan repayment if the borrower defaults, but this responsibility carries financial risks.

26 May 2025 2:40 pm
5 smart tips to repay your personal loan faster and save money

Paying off personal loans early cuts interest costs and boosts credit health. Smart steps like extra payments, using windfalls, balance transfers, and negotiating terms speed up repayment and strengthen financial stability.

26 May 2025 2:32 pm
PNB Matritva loan for working women: Interest rates, documents and how to apply

PNB Matritva loan offers financial support to working women for maternity related expenses, with loan amounts up to 3 lakh, low interest rates, and flexible repayment. Eligibility includes salaried employment and having a PNB salary account.

26 May 2025 2:31 pm
What comes after UPI? Can BBPS and voice-led payments replicate its success

India's digital payments are reshaped by UPI's success and the rise of BBPS and voice technology. These innovations promise to enhance payment accessibility and convenience for a diverse population, ensuring that all can participate in the cashless economy.

26 May 2025 1:58 pm
Can an OCI holder lend to their Indian company?

An German citizen who is an OCI cardhholder is co-promoting an Indian auto parts firm and wants to extend a shareholder loan. Heres what Indian regulations permit, what tax to expect, and how to lower liability under the India-Germany tax treaty.

26 May 2025 12:39 pm
National pension scheme: Retired on or before March 2025? Here's how to claim UPS benefits for yourself or spouse

The NPS Trust has announced UPS benefits for retirees under NPS as of March 31, 2025, valid for themselves or spouses. The deadline to claim is June 30, 2025. PFRDA is hosting webinars on UPS, and claims can be made online or in person.

26 May 2025 12:22 pm
Youve hit 700Now what? 5 proven ways to keep improving your credit score

A credit score above 700 is good, but aiming higher can unlock better loan terms and credit offers. To achieve the same objective you must inculcate sincere financial discipline, timely repayments, and smart credit habits.

26 May 2025 11:59 am
EPFO alert! Can transfer claims be rejected for overlapping service period? Check official clarification here

EPFO clarified that overlapping service periods should not be grounds for rejecting employee transfer claims.

26 May 2025 11:17 am
Bandhan Bank Suraksha home loan: Eligibility, documents and application process

Bandhan Banks Suraksha home loan offers financing of up to 90% for purchasing, constructing or extending residential properties, with flexible tenures and competitive interest rates, supported by a straightforward eligibility, documentation and application process.

26 May 2025 11:12 am
How WATER can put out the euphoria of FIRE - The key factor of early retirement

Aiming for FI + Purpose or FI + Passion allows us not to retire from work but repurpose our energy. We shift from earning a livelihood to building a legacy. Productivity does not end it evolves.

26 May 2025 10:54 am
Tradition Rewired: Why millennial and Gen Z are keeping the past aliveOn their own terms

Millennials and Gen Z in India grapple with old financial customs while navigating newfound wealth. Cultural pressures influence spending on weddings and assets, leading to a struggle between traditional values and the desire for financial independence.

26 May 2025 10:41 am
How Capitalminds Deepak Shenoy covered shortfall in his sons education goal

Shenoy had to adjust his sons education-linked investments after it was decided that overseas education would better suit him.

25 May 2025 7:00 pm
How to rebuild emergency fund without halting SIPs

A realistic emergency savings strategy involves balancing discipline with flexibility. Heres how to rebuild your buffer gradually, without pausing your SIPs, while also planning for health and home contingencies.

25 May 2025 6:57 pm
Is your PF money stuck? Heres how you can get it back

Worked multiple jobs only to see your hard-earned money stuck with the EPFO with no way of getting it out? Well, help may be at hand. Read on to see how you may finally be able to claim what is rightfully yours.

25 May 2025 6:00 pm
What tax benefits are available for parents of autistic children?

Parents of children with autism are eligible for special tax deductions, exemption from income clubbing, and can set up special needs trusts to secure their childs future. Heres how the law supports you.

25 May 2025 4:59 pm
Why balanced advantage funds are back in focus for moderate risk investors

Dynamic asset allocation funds are uniquely positioned to benefit from todays volatile equity markets and stable debt yields. Their ability to switch between asset classes makes them ideal for investors seeking inflation-beating, tax-efficient returns over the next 35 years.

25 May 2025 2:57 pm
EPFO ratifies interest rate at 8.25% on employees provident fund deposits for FY25

EPFO, earlier this year, had decided to retain the interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for the financial year 2024-25 (FY25)

24 May 2025 3:38 pm
Can the income of a joint property be taken in single name?

The benefits of House Rent Allowance (HRA) are only available under the old tax regime. One can claim HRA benefits if you are paying rent for a property which is occupied by you and is not owned by you, even if you own any other house.

24 May 2025 3:38 pm
EPFO rules 2025: Here are 4 key changes every EPF member should be aware of

EPFO rules 2025: In 2025, EPFO implemented reforms, including digitising the joint declaration process, enabling online profile updates, and simplifying provident fund transfers without employer approval. 

23 May 2025 5:09 pm
ICICI Bank wedding loan explained: Interest rates, eligibility, and documents

ICICI Bank provides for personal wedding loans up to 50 lakh with interest rates starting at 10.85% per annum, flexible tenures, and no collateral. Check eligibility, EMI, documents, and apply online.

23 May 2025 3:49 pm
How to apply for Axis Bank ACE Credit Card online? A step-by-step guide

Get a quick guide to applying online for the Axis Bank ACE Credit Card, covering eligibility, documents, benefits, and timelines to enjoy hassle-free approval and cashback rewards.

23 May 2025 2:04 pm
What is co-signing a loan and how does it impact your credit score?

Co-signing a loan shows trust but carries shared liability that affects your credit health. Timely payments can improve your score, while defaults harm it. Consider the impact on your debt-to-income ratio and future borrowing before co-signing.

23 May 2025 1:56 pm
Flipkart Axis Bank Credit Card update: Key changes you must know before June 20

The changes on Flipkart Axis Bank Credit Card include an increase in cashback on Myntra to 7.5%, capping of cashback on Flipkart and Cleartrip to Rs. 4,000 per statement quarter, and discontinuation of complimentary domestic airport lounge access. The changes are effective from 20th June.

23 May 2025 1:47 pm
Unemployed but want a better credit score? Try these 4 proven strategies

You can improve your credit score even while unemployed with smart strategies like timely payments, low credit utilisation, and report correction. These simple ideas help maintain credit health and future financial access.

23 May 2025 11:46 am
How to download your dividend statement from Kotak Securities? A step-by-step guide

Explore simple steps to access your Kotak Securities dividend statement through the capital gains report. Easily generate, download, and save for efficient tax filing.

23 May 2025 11:24 am
Bhool Chuk Maaf: From nikamma to niveshakFinancial lessons buried in the farce

Bhool Chuk Maaf: In this film, Rajkummar Rao's character Ranjan repeatedly experiences his 'Haldi' ceremony, struggling with lessons on good deeds. Despite a quirky ensemble, the film lacks charm and humor, rendering it unengaging and overshadowed by the classic Groundhog Day.

23 May 2025 10:59 am
8th Pay Commission soon? Here's what we know so far

The 8th Pay Commission is expected to be formed by 2026, prompting employee unions to discuss salary and pension adjustments.

23 May 2025 9:22 am