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One year of interest rate hikes: Debt funds emerge a winner despite headwinds

about 22 hrs ago

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Insurance

about 3 days ago

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Banking

Looking out for lower interest rates on home loans? A good credit score helps

about 20 hrs ago

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Tax

MC Explains: Higher tax exemption on leave encashment for non-govt employees

about 20 hrs ago

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Financial planning

Six ways to save your job in the current storm of layoffs

about a week ago

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Podcast

Simply Save: How 20% TCS will affect your investments in foreign stocks and property abroad

The recently announced 20% tax collected at source on international spends via credit cards has come as a rude shock to those planning a holiday abroad. But it’s worth remembering that these are not the only overseas spends that attract TCS. In a conversation with Moneycontrol, Rohinton Sidhwa, partner, Deloitte India, talks about how your foreign investments are impacted by TCS.

Simply Save
Simply Save: All you wanted to know about a top-up health insurance plan

With medical expenses on the rise, you may feel the need to increase your existing health insurance cover. If yes, can a top-up plan serve your purpose? Or, should you consider hiking the sum assured under your existing health plan? In a conversation with Moneycontrol, Abhishek Bondia, Principal Officer and Managing Director at SecureNow.in answers these questions and more.

Simply Save
Simply Save: Key risks one could face in Foreign Residency Programmes & how to avoid them

Residency by investment or alternative residency is fast becoming popular among rich Indians looking to establish a new base for their families in another country. These programs are specific long-term residency or visa programs run by many countries such as the US and Portugal. Shilpa Menon, Senior Director - India at LCR Capital Partners tells Moneycontrol what one should keep in mind when looking for an alternative residency programme. Tune in!

Simply Save
Financial and tax planning 2023-24: How to choose the most suitable tax regime | Simply Save

In this edition of the Simply Save podcast, Moneycontrol's Preeti Kulkarni speaks to Bhavesh Shah, senior partner with Mumbai-based chartered accountancy firm Hasmukh Shah & Co to understand why it is important to commence tax planning process early and how you should pick the tax regime most suitable to you. Tune in for more

Simply Save
RBI repo rate hike: Make part-prepayments, increase EMIs to cushion interest rise impact | Simply Save

Home loan interest burden is set to increase post the RBI’s repo rate hike of 25 basis points. Consequently, EMI per lakh have risen 20-25 percent since the start of this rising rate cycle. Vipul Patel, founder at Mortgageworld, tells you how borrowers can now take some steps to reduce the total interest payable over the loan tenure, in this podcast. Tune in!

Simply Save
Simply Save | Your guide to picking the right health insurance policy

In this edition of the Simply save podcast, Kapil Mehta - Co-founder and CEO of SecureNow Insurance Brokers - explains how to buy an independent health insurance policy and identify the right plan with the help of Moneycontrol-SecureNow Health Insurance Ratings

Simply Save
Simply Save | Why are Indians buying properties abroad?

According to the Reserve Bank of India (RBI), Indians bought property worth $113 million abroad in 2021-22. Akash Puri, director, International Business, India Sotheby's International Realty, says that the trend will continue.

Simply Save
Simply Save | How to buy foreign equities?

In this edition of the Simply Save personal finance podcast, Srikanth Bhagavat, managing director of Hexagon Capital Advisors, explains how you should invest in foreign equities -- directly or through mutual funds, country-specific investments or global funds.

Simply Save
Simply Save | Is the time limit for verification of I-T returns now down to 30 days for late filers? Listen in!

For tax returns filed by July 31, 2022, time limit to verify remains the same, that is, 120 days from the date of filing the tax return

Simply Save
Simply Save | ITR filing - Know all the tax benefits linked to home loans and HRA

Despite being commonly-claimed tax benefits, many tax-payers are not fully aware of tax rules related to home loans and house rent allowance (HRA) that can result in under-utilisation of tax breaks offered. Tune into Simply Save to know all about tax benefits and rules related to housing and accommodation before you file your returns.

Simply Save
Simply Save | Why you must file your income-tax returns by July 31

Giving income tax return-filing a miss could invite notices from the tax department, while delayed filing will attract penalties

Simply Save
Simply Save | Get discrepancies in Form 26AS rectified before proceeding to file income tax returns

As part of Moneycontrol’s income tax return-filing series, Preeti Kulkarni speaks to Mayur Shah of EY to understand why it is important to check and verify Form 26AS before you go ahead with your return-filing exercise.

Simply Save

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Classroom

You Can Start Investing With Only Rs 500! Watch this Classroom for Millennials

If you`re young and want to save money but have no clue about investment, then check out this Personal Finance classroom for millennials with Kayezad E. Adajania and Raksha Bihani for financial planning tips & tricks!
Personal Finance Classroom: A How-to guide for every millennial

Broke every month-end? Zero savings? Don`t know where to invest and how much money to start with? Well then this virtual #personalfinance classroom is everything you and your #millennial tribe needs!
Personal Finance Classroom Ep 3: Beware of Fraudsters!

Don`t get fooled by fake websites or phoney phone calls with financial advice. Do a background check before giving anyone your money - There`s a checklist in the video. Keep it close!
PF Classroom for Millennials: How To Start Investing?

First Steps of Investing: Which mutual funds to invest in? How to start and from where? To get an advisor to fill up your application forms or try yourself online?
Personal Finance Classroom for Millennials: First Investments

By now if Kayezad E. Adajania & Raksha Bihani have made saving money fun and easy-breezy for you #millennials, are you ready to make your 1st #investment?
Women and Money - No, it`s not Women`s Day

From Captain Marvel to Daenerys Targaryen, we see #women leading the way on reel. You can be Wonder Woman in real life with big moolah in your bank accounts!

Videos

Mankind Pharma: IPO price, company financials; Here are 10 key things to know

The biggest IPO of 2023 so far in terms of issue size - Mankind Pharma IPO - opened for subscription on April 25. The total fundraising would be Rs 4,110 cr at the lower price band. It has established several differentiated brands in condoms, pregnancy detection, emergency contraceptives, etc. Here are the 10 key things you must know before applying for this IPO!
Money Mojo | Out of funds? Here’s how you can get money for your travel

Thinking of ways to get funds to cover all your travel, hotels and other expenditures this holiday season? Moneycontrol tells you a hack – Holiday loan. What is a holiday loan? How to avail it? Most importantly, should you take it? We tell you all this in this video. Watch!
LIC Housing Finance MD & CEO on rising interest rates, competition in housing finance industry | LIVE

Moneycontrol’s Correspondent Harsh Kumar in an exclusive conversation with LIC Housing Finance Limited MD & CEO. Y. Viswanatha Gowd. During the conversation, Gowd talks about the challenges in the housing finance industry. He also said that 30 percent of the borrowers are from this age group 25 to 35.
Income Tax: 4 mistakes to avoid while tax-planning at the last minute| Personal Finance | Money Mojo

The clock has started ticking for those who have not made their tax-saver investments yet. March 31 is the last date to complete your tax-planning exercise for the financial year 2022-23 and claim deductions of up to Rs 1.50 lakh under Section 80C. Well, better late than never. But we tend to make mistakes, when in a rush. Watch this video to find out 4 mistakes that you need to avoid while devising a tax-saving plan at the last minute.
Money Mojo | Five instruments to help you save Income Tax

Are you looking for ways to save the tax on your income? In this video, we tell you five tax-saving instruments, divided on the basis of the minimum investment tenure and the rate of returns so you can select as per your requirement and choice. Watch!
Old Vs New Pension Scheme | What’s The Difference And Which One Is Better? | MC Explains

One of the compelling reasons of the switch from old pension scheme to the new one was the ballooning of pension bills. But was it a good move? What are the key differences between the old and new pension schemes? Which one is better? Why are state governments pushing to go back to the old pension scheme? Watch the video to find out!
Live: Diwali & your portfolio | Guide to investing in mutual funds, gold & insurance

Add sparkle to your investment portfolio this Diwali! Karunya Rao chats up with our Personal Finance Editor, Kayezad Adajania, on how to pick the right asset class & create long-term wealth
The 'art' of investing abroad: Buy artwork, rare jewellery & expenses attached to it

When the pandemic derailed many investment avenues, ultra-rich Indians acquired art. Here’s a closer look at what’s involved, if you’re planning to acquire an expensive piece, especially overseas.
Tokenisation | How To Make Online Credit & Debit Card Payments Safer While Shopping

The 16-digit numbers on your credit and debit will get replaced with a ‘token’ starting October 1, 2022. So, what is tokenisation, how can you tokenise your card, and how safe is it? Find out in this video

Explained
Remember This While Availing Tax Deductions | Investments | Tax | MC Explains

Availing deductions under section 80C is the go-to for every taxpayer. But what most don’t realise is that these benefits can be reversed too if they don’t fulfil the required conditions. One can claim these deductions only when these specified conditions are fulfilled, failing which the entire deduction amount claimed in the previous year will be considered as income for the next financial year.
How Should Gen Z Build Their Perfect Investment Portfolio | Personal Finance

Do you belong to Gen Z and are looking to build a perfect investment portfolio? But should you go about it the same way your parents did? Remember, back then the prices, background, socio-political situation, investment avenues and job scenario, everything was completely different from what it is today. Therefore you should not make the mistake of comparing yourself to the previous generations. Keeping an emergency fund, paying off debt in time, investing in SIPs and diversifying are just some of the ingredients that can help you build a perfect portfolio and achieve financial freedom! Here are some of the ways that zoomers can construct ‘The Perfect Portfolio’. Watch!
Investing Abroad | Overseas investment opportunities attract Indians — what's driving this trend?

Many Indians have taken to investing abroad. As per RBI data, outward remittance under Liberalised Remittance Scheme for investment in equity and debt went up to $746.6 million in 2021-22 from $195.5 million in 2014-15. The trend of rising remittances speaks of the willingness of resident individuals to acquire assets abroad. So, what is driving this trend? Watch the video to find out.