BUSINESS
Budget 2024 unveils progressive blueprint for India's development
Monetary support of up to Rs 10 lakh for higher education for credit-deficient students can absolutely widen the talent base in years to come.
BUSINESS
Should you buy your first home now or wait for lower interest rates?
Appreciation in property prices could lead to a situation where there is no benefit in waiting for interest rates to fall, as you could end up buying a costlier house and therefore, repaying a higher loan due to the delay in making the decision.
BUSINESS
"Good for taxpayers and the middle class": Raj Khosla, MyMoneyMantra.com
From withdrawal of disputed tax demands to proposing a housing scheme for the middle and lower income groups, Budget 2024 had some positives for the common man.
BUSINESS
6 easy steps to become debt-free
We all want to break free of a debt trap we may be in, or at least avoid one. While it may seem daunting, it is doable with the right approach. Which loans to pay first, which ones to pay last and should you prepay? Here we tell you how.
BUSINESS
Budget 2023: Why is this a good budget for the salaried class, senior citizens and small investors
The salaried class was anticipating a rebate and relaxation of some sort in the income-tax slabs. This has rightly been taken up in Union Budget 2023. The new proposals include raising the rebate limit, reducing the number of tax slabs, and increasing the standard deduction limits.
BUSINESS
Diwali Shopping: How to make the best use of festive offers
From cashbacks to discounts to waiver of processing fees on home loans, many banks have lined up goodies for consumers. Make sure to check if there are offers with your credit and debit cards as well.
PERSONAL-FINANCE
Fixed or floating, which way should one go?
As interest rates are on an upward trend and there are no signs of any rate cut soon, both first-time home buyers and other home loan borrowers should look forward to availing fixed-rate loans, instead of floating-rate loans
BUSINESS
Personal loans or credit cards: Which is better for short-term goals?
Selecting between the two options depends on the repayment ability of the individual, the existing burden of any EMIs and future expenses.
BUSINESS
What are potential side-effects of a bad credit score?
A bad credit score can reduce your chances of getting a fresh credit line. Lenders will certainly charge a higher rate of interest on loans and advances.
BUSINESS
Budget 2022: No new tax is itself a relief
The Section 80C investment limit, last reviewed eight years ago in 2014, also remains unchanged at Rs 1.5 lakh
BUSINESS
Seven steps to make 2022 a financially prosperous year
Sticking to original allocation, booking profits and rebalancing will certainly help
BUSINESS
How much health insurance do you need to cover your spouse, children and parents?
For a household with young kids and senior parents a Rs 5 lakh family floater plan is just not sufficient
BUSINESS
Festive loan and credit card offers galore: Why borrowers must tread cautiously
Keep your festive purchase decisions aligned with your present as well as future cash flow needs
BUSINESS
Banks queue up to offer attractive home loans: Here’s a checklist for borrowers
Choose a home loan with low interest rate. It is also important to select a lender with superior post-disbursal services
BUSINESS
Choosing the best personal loan: Here's a borrower's checklist
Be mindful of instant loan offers from lending apps, which could come at a high rate of interest
BUSINESS
Markets at new highs and overvalued: Here’s what equity fund investors must do
Mutual fund investors have earned good returns in the past 8-10 years. The decision to exit should be guided by the time horizon of their financial goals
BUSINESS
6 financial ratios to understand before buying a property
In today’s climate of uncertainty, it would be advisable to purchase a property only for self use and to refrain from speculative activity, especially with borrowed funds
BUSINESS
Increase health insurance cover, avoid fresh loans to deal with COVID-19 second wave
Here are a few steps that can help safeguard your financial health in these challenging times
BUSINESS
Seven money moves to make as a new financial year begins
As you draw up a plan for your money in the new financial year, here are some steps to ensure that your finances are on an even keel.
BUSINESS
Women get better terms on home loans, stamp duty payments and insurance policies
Premiums are lower on insurance policies, as are stamp duties on property registration than those for men. Women can get a better deal on most financial products.
BUSINESS
Budget 2021: Here’s how retail investors and taxpayers will be affected
If those above 75 have income from rent and capital gains, they are not eligible for the exemption from filing tax returns
BUSINESS
What retail investors want from Budget 2021
In a relief for equity investors, LTCG must be completely removed or at least the threshold increased to Rs 3 lakh
BUSINESS
7 money lessons that COVID-19 taught us for 2021
Investors who lost their nerve in March and exited, turned their temporary losses into permanent ones
