Personal Finanace

Your residential status in India for the financial year and whether the income was earned, received, or accrued in the country or outside determine if you are liable to pay tax in India and file returns

Senior Citizen FDs: Banks Offering Up to 8.5% Interest for 3-Year Tenure

Looking to invest safely with solid returns? Here are the top Indian banks offering the highest interest rates on 3-year fixed deposits (FDs) for senior citizens, as of July 25. Learn how much your ₹1 lakh can grow in just 3 years!

How soon will your personal loan be disbursed? These 4 things matter most

Need instant cash via a personal loan? While most lenders offer "instant approval," the actual time it would take to receive the cash in your bank account may not be as speedy. While some borrowers find it in their accounts within hours, others find it a few days later. It all depends on a few critical parameters—your credit score, the lender you approach, the application mode, and the speed of verification of documents.

ITR Filing 2025-26: Senior Citizens Can Claim ₹50,000 Tax Benefit Without Insurance | Section 80D

Senior citizens without health insurance can still claim up to ₹50,000 in tax deductions under Section 80D of the Income-tax Act while filing their ITR for FY 2025–26. Learn how medical expenses qualify, who can claim, and why this matters before the September 15 deadline. Old tax regime only.

Home Loan: Should You Prepay Your Home Loan When Interest Rates Fall?

Is it wise to prepay your home loan when interest rates are dropping? This video breaks down the benefits, risks, and strategic considerations of early repayment. Learn how prepaying can reduce total interest, increase cash flow, and help you become debt-free faster. But also discover the hidden costs—like prepayment penalties and opportunity costs—and how to align your decision with long-term financial goals. Whether you're a homeowner or planning to be one, this guide will help you make smarter money moves.

Stolen Identity? Here's What to Do if You're a Victim of Credit Loan Fraud in India

Thousands are falling victim to credit fraud in India — fake loans, identity theft, and ruined credit scores. Learn how it happens, how to fight back, and how to protect yourself from being the next target. ?‍? Watch till the end for prevention tips and escalation paths to the RBI, cyber cell, and credit bureaus.

Big Money Rule Changes from July 2025 | ITR Deadline Extended & Aadhaar Made Mandatory

From new PAN card rules to revised credit card and bank charges, July 2025 is packed with crucial financial updates. Here's everything you need to know: ? ITR deadline extended from July 31 to September 15 ? Aadhaar now mandatory for new PAN applications ❌ SBI Card ends air accident cover on select premium cards ? New MAD (Minimum Amount Due) calculation on SBI Cards ? HDFC Bank introduces 1% fee on rent, wallets & gaming spends ? ICICI Bank revises ATM, cash, IMPS charges starting July 1 Stay informed and avoid penalties or hidden charges. Watch the video for full details.

Stock Trading for Beginners: 6 Easy Steps to Start Investing Today

Ready to start trading stocks but not sure where to begin? In this beginner-friendly video, we break down how to trade stocks in 6 easy steps—from choosing your trading style to managing risk like a pro. Whether you're curious about day trading, swing trading, or long-term investing, this guide will help you build confidence and make smarter decisions.

Turnover Ratio: This One Ratio Can Make or Break Your Mutual Fund Returns

Personal Finance: In this video, we break down the concept of the turnover ratio in mutual funds—what it is, how it’s calculated, and why it’s important for investors. Whether you're a beginner or a seasoned investor, understanding turnover ratio can help you make smarter decisions about where to put your money.

SIP: Avoid These 5 Costly SIP Mistakes to Maximize Your Investment Returns | MC Explains

Are you investing in SIPs but unsure if you're doing it right? In this video, we break down the 5 most common mistakes SIP investors make—and how to avoid them to maximize your returns and secure your financial future.

What Is SIP & How to Start One in 2025 | Mutual Fund Investing Made Easy

Ever wondered how to invest without stress? Meet SIP — the easiest way to grow your money through small, regular investments in mutual funds. In this video, we break down: ✅ What is SIP ✅ How it works ✅ SIP vs Lump Sum ✅ Power of compounding ✅ Real examples and benefits Whether you're just starting out or looking to invest smarter, this is your beginner-friendly guide to financial freedom.

Stocks vs Mutual Funds: Which Investment Is Right for You?

Feeling stuck between investing in stocks or mutual funds? This video breaks down the key differences, pros and cons, and helps you decide which option aligns best with your financial goals, risk tolerance, and investment style.

NAV in Mutual Funds EXPLAINED: What It Is & Why It Matters!

Ever wondered what NAV really means in mutual funds? This video breaks down Net Asset Value (NAV)—the daily price tag of your investment units. From how it’s calculated to why it matters, we’ll guide you through the essentials with clear examples and visuals. Learn the truth behind low NAVs, how fund houses compute it, and why it’s just one piece of your investment puzzle. Whether you're a beginner or a seasoned investor, this is your go-to guide for understanding NAV like a pro.

Provident Fund: Secure Your Future with Confidence!

The Provident Fund (PF) is a powerful financial tool designed to secure the future of salaried employees. It not only encourages disciplined savings but also offers significant tax benefits, emergency financial support, and long-term wealth accumulation. With contributions from both the employee and employer, PF builds a strong retirement corpus, ensuring financial independence and peace of mind in later years. Whether you're planning for retirement, facing unexpected expenses, or simply looking to grow your savings safely, understanding the full potential of PF is essential for every working professional."

Finance Bill 2025 removes indirect investment tracking for offshore funds, boosts India's appeal for global fund managers

The Finance Bill 2025 has amended the rules so that only direct investments by Indian residents will be considered within the 5 percent safe harbour threshold.

India Scraps 6% ‘Google Tax’ | How It Impacts Advertisers & Tech Giants | MC Explains

India is removing the 6% ‘Google Tax’ on foreign digital services starting April 1, 2025. Why was it introduced? Why is it being scrapped now? And how will businesses be affected? Watch this explainer for all the details!

India’s Universal Pension Scheme Explained | Who Benefits & How It Works? | MC Explains

The Indian government is working on a Universal Pension Scheme that aims to provide financial security for all citizens, including gig workers, self-employed individuals, and informal sector workers. Will it replace NPS? How does it compare to global pension systems? Watch this video for a complete breakdown!

New Income-Tax Bill to replace 'assessment year' with 'tax year’ , make compliance easier

Tax year, which will run from April 1-March 31, will be the period during which income is earned and reported

Tax cuts won’t be inflationary, fiscal consolidation path intact, says finance secretary

Rejecting the notion that the Budget is skewed towards either consumption or capital expenditure, Tuhin Kanta Pandey tells Moneycontrol that the government has ensured a balanced approach

Budget 2025: How the Government Earns Beyond Taxes? | Non-Tax Revenue Explained

Discover the lesser-known source of government income—non-tax revenue! From public sector profits to royalties and fines, this video breaks down how the government generates funds without raising taxes, and how it impacts you and the economy.

Budget 2025: Old vs. New Tax Regime – Which One Saves You More? | Explained

Budget 2025 is around the corner, and taxpayers are eagerly waiting for potential income tax changes! Should you stick to the old tax regime with deductions or switch to the new simplified structure? We break down the latest slabs, tax rates, and savings for different income levels. Watch now to find out which regime is best for you!

MC Explains: Surprising Benefits of Personal Loans for Women You Never Knew | Personal Finance

Unlock financial opportunities with personal loans designed exclusively for women!

Switching Jobs? Don’t Miss These Crucial Financial Steps!| MC Explain

Changing jobs is more than just a new role—it's an opportunity to reset your financial game. in this video, join @payal1303 as we explore the must-do financial tasks when switching jobs, including updating your tax details, managing your health insurance, handling epf, and tips to maximize your salary increase. make sure you're on top of your finances during this transition for a smooth and successful switch. watch now for expert advice on navigating your financial journey.

Here is how your marriage can affect your credit score

Joint loan accounts with your spouse as the co-borrower, credit utilisation ratios and debt consolidation can impact your credit score. Here’s a guide to managing joint loan accounts for healthy credit scores

Golden visa via real estate investment: Why Indians are preferring these global destinations

ndia’s wealthy are increasingly scouting for real estate investment opportunities in overseas destinations and are also looking to acquire apartments in gateway cities around the globe. London is one example. Indians form one of the largest communities of property owners in the city. To be sure, the United Kingdom recently scrapped its golden visa programme. Watch here for more details

Simple steps to take control of your personal finances

Taking control of your personal finances starts with small, manageable changes. By setting clear goals, creating a budget, and practicing mindful spending, you can secure your financial future while enjoying the present.

Smart borrowing: why diversifying your funding sources makes sense

When financial needs arise, relying on multiple funding sources can be a smarter choice than sticking to a single option.

Thinking about taking a personal loan? Ask yourself these 10 questions first

Before taking a personal loan, it’s essential to evaluate your financial situation and needs. Thoughtful planning ensures your loan supports, rather than hinders, your financial goals.

Protect your credit: Why late payments can cost you

Late payments might seem like small mistakes, but they can have serious consequences for your credit score and financial health. Proactively managing your payments not only protects your credit score but also empowers you to achieve long-term financial goals.

Digital Arrest Scams: How Fake Police Are Emptying Bank Accounts

Imagine receiving a phone call. The voice on the other end claims you’re involved in a criminal case. Your Aadhaar card has been misused, and you’re at risk of being arrested. Panic sets in. What should you do next? Watch here to know