NPS gets a makeover: Multiple schemes, 100% equity option now live from October 1
The most striking update is the 100% equity option. Under the high-risk variant, pension funds can now allocate the full investment amount to equities for subscribers with a long-term horizon and higher risk appetite.
Dearness Allowance 3% hike: Why families should invest before festival splurging
With the DA hike putting more money in hand and reduction in GST rates, the temptation to indulge in unplanned shopping and excessive spending is stronger than ever.
How many Sukanya Samriddhi accounts can you open in one family?
The Sukanya Samriddhi Yojana permits parents to save for the future of their daughters but puts a restriction on the opening of accounts.
From gold loans to EMIs: RBI’s fresh rules every borrower must know from Oct 1
In an official statement on Monday, the RBI stated, "RBI has today issued seven Directions/Circulars, proposing to amend some of the extant Directions/Circulars applicable to banks and other regulated entities".
Don’t sign your loan agreement until you know these key details
A loan document is a binding agreement, and the more you understand about its nitty-gritty, the less likely you are to suffer financial trauma later.
Investor relief: RBI hikes loan limit against shares to Rs 1 crore, IPO financing to Rs 25 lakh
Governor Sanjay Malhotra announced that the repo rate remains unchanged at 5.5% and said the regulatory ceiling on lending against listed debt securities will be removed, making it easier for investors to access credit.
RBI strengthens grievance redressal, rural cooperative banks brought under ombudsman scheme
Rural cooperative banks have been brought under the purview of the RBI Ombudsman Scheme, extending these enhanced customer protection services to a wider customer base
RBI rolls out digital makeover for Basic Savings Bank Deposit Accounts
The Reserve Bank of India has announced that Basic Savings Bank Deposit Accounts will now include digital banking services like mobile and internet banking.
Global funds doing well, China, Korea and Brazil are a good bet, says PGIM India CEO Abhishek Tiwari
We are very conscious about whether we have the exact talent required to deliver the experience that you need for a product like SIF, Tiwari tells Moneycontrol
RBI holds rates: Lower your EMI smartly with these steps to ease the home loan burden
Internal balance transfer to a lower interest rate for a home loan is always the easiest path, with less paperwork and without the need for a property revaluation, according to experts.
RBI leave repo rate unchanged: What it means for home loan borrowers
The RBI's decision to keep the repo rate unchanged at 5.5 percent means home loan EMIs and interest burdens will stay the same, providing stability for borrowers
Can capital gains from the sale of two house floors be combined to purchase a single residential property for claiming LTCG benefits u/s 54?
The law allows claiming exemption on long-term capital gains from the sale of more than one residential house by investing the gains in a single residential house
Small savings schemes: Interest rates on PPF, NSC, Sukanya Samriddhi and other post office scheme remain unchanged
Interest rate on popular options like PPF (7.1%), NSC (7.7%), Sukanya Samriddhi (8.2%) and SCSS (8.2%) remain unchanged.
Returning to India: A financial checklist for NRIs
NRIs returning to India should consider key financial aspects like job security, settling credit card dues, managing bank accounts, health insurance and estate planning for a smooth transition
Silver vs gold: Which will shine brighter for you this festival season?
In India, investors can gain exposure to silver digitally through exchange-traded funds or Silver ETF funds of funds
The dangers of lifestyle inflation: How to avoid financial pitfalls
Financial woes often stem from lifestyle inflation, peer pressure and poor money management rather than income. Prioritising goals and prudent borrowing can help mitigate financial stress.
Do clubbing provisions apply to rent credited to a son's account for property owned by his father?
The rental income would be taxable in the hands of the father due to clubbing provisions
Last chance alert for September 30: Complete these financial tasks today or miss out!
From routine compliance requirements like Jan Dhan account re-KYC, crucial registration renewals for charitable trusts to switch to Unified Pension Scheme (UPS) september 30 demands close attention.
Big changes from October 1: NPS rules, RBI cheque clearing, New railway rules, bank charges and more
From October 1, 2025, Indians will see major changes in banking, pensions, railways, and postal services. HDFC Bank, PNB, and Yes Bank are revising charges, the RBI is introducing continuous cheque clearing, IRCTC is tightening ticket booking rules, and Speed Post rates are going up.
Does a low credit score affect your chances of getting a visa?
Most ask whether their credit history follows them when they apply for a visa abroad.
Is income tax payable on gifting a flat to your wife?
Gift to your husband/wife is tax-free during transfer but future income from it has strings attached.
EPFO premature withdrawals: What the rules, penalties, and recovery process really mean
Withdrawal of provident fund savings before retirement has stringent rules and possible penalties involved.
Should you buy life insurance in your 20s? Here’s how much to get
Life insurance may not appear to be an immediate priority when you're young, but an early start will save you money and provide peace of mind.
Festive season home loan offers: Top banks' interest rates and EMIs for Rs 50 lakh loan
This festive season, top banks are offering home loans at varying interest rates ranging from 7.3% to 9%.
