PERSONAL FINANCE NEWS
When kids shun your wealth: 5 ways parents can deal with such a situation
In our earnestness about providing for the children, we many times forget that they are also entitled to the joys of being self-made. We fail to see that they may want to own their successes without finding us at every threshold of major decision making in their lives.
Tweet Buster: Investing lessons from cricket; Ian Cassel-style microcap ideas
Kochi-based ace investor Porinju Veliyath said the valuation ga...
2020 headliners: Stock market and economic developments that affected our money matters
Within nine months of the Covid-induced crash, the Se...
How stock prices are manipulated by operators: Six rules to guard against rigging
It is easy to blame operators when a bet turns sour but are small investors also to blame for their predicament? Have they bought stocks without considering the company fundamentals? These rules can reduce the chances of falling prey to stock price manipulation.
It is important to understand how personal finance services work to make better, informed decisions
Personal finance services are a hard thing to form a mental model of. If we understand exactly how a service works, who is the provider, who is the seller, how they make money and where you fit into their scheme of things, only then can we make better decisions.
It’s time for tech-led financial service to expand to other markets: Scripbox CEO Atul Shinghal
Many of the investing decisions of Non-Resident Indians (NRIs) are based on old wisdom, believes Scripbox & CEO founder Atul Shinghal. The assets they have - land, property, bank deposits - do not generate inflation-beating returns. Scripbox sees a market opportunity in this.
SBI gives covid relief, extends loan EMI moratorium; starts notifying borrowers via SMS
According to the PSU lender's press release, it has "proactively reached out to all of its eligible loan customers to obtain their consent to stop their Standing Instructions (SIs) / NACH mandate for the EMIs falling due in June, July and August 2020."
Employees' PF contribution can go higher than 10%, not of employers: Labour ministry
The ministry on Monday notified lower rates of provident fund contribution at 10 per cent, increasing the in-hand salary of 4.3 crore provident fund subscribers. Last week, Finance minister Nirmala Sitharaman had announced the reduction of statutory provident fund contribution by both employers and employees for the next three months to 10 per cent of basic wages from 12 per cent.
All about the personal finance changes made in Budget 2020
FM Nirmala Sitharaman surprised us with various announcements in Budget 2020, the ...
Budget 2020: What the FM can do to ease tax burden of common man
Individual taxpayers are hoping that the government will lower income tax ra...
Income tax changes of 2019: The impact they made on your personal finances
The changes help salaried people save more tax, while the uber rich took a big hit on the taxation front.
These 19 PSU banks will now give in-principle approval of loans in 59 mins
The customer gets multiple options to choose a bank with a suitable offering at the completion of the digital journey.
Budget 2019 may implement NPS withdrawal tax-exemption plan
Extension of this benefit to investors other than employees would be a welcome change.
How to link Aadhaar card to bank account
The process of linking your Aadhaar with a bank account can be done both online and offline.
PAN to become invalid if not linked with Aadhaar by September 30
The earlier deadline to link PAN and Aadhaar was March 31, 2019, but, there was no clarity among chartered accountants and legal experts as to whether PAN will become inactive.