PERSONAL FINANCE NEWS - Page 3

fixed deposit, FD laddering, finance, business news, indian express

How FD laddering helps achieve short and long-term goalsSubscriber Only

February 20, 2025 13:49 IST

FD laddering spreads investments across multiple deposits with different maturities, ensuring regular and easy access to funds.

The choice between callable FD and non-callable FD depends on your financial needs and investment goals.

Callable vs. Non-Callable Deposits: Which One Should You Choose?Subscriber Only

February 17, 2025 13:13 IST

Callable FDs allow you to withdraw your deposit prematurely, but at a penalty which varies from bank to bank. Non-callable FDs, on the other hand, lock in your money until maturity and do not allow early withdrawals.

Union Budget 2025: This article highlights three ways the government can encourage savings and help taxpayers tackle current economic challenges

Union Budget 2025: 3 key tax expectations in the new regimeSubscriber Only

January 22, 2025 19:13 IST

Under the new tax regime, income up to ₹7.75 lakh is currently tax-free. Raising this limit to ₹10 lakh would provide significant relief, as tax-free income works independently of tax slabs.

urgent cash, fixed deposit, personal finance, indian express

Need cash urgently? Use this smart trick to borrow instantlySubscriber Only

January 14, 2025 11:10 IST

FDs are a popular investment that many Indians use to park their funds.

7 Effective Steps to Declutter Your Finances In 2025Subscriber Only

January 8, 2025 19:26 IST

Ensure that you review your life, health, and vehicle insurance coverage at the start of the year and adjust the coverage based on your evolving needs.

Young credit card users must exercise caution as spends soarSubscriber Only

December 30, 2024 10:49 IST

Young credit card users are increasingly using credit for non-essential purchases, often relying on EMIs to finance their spending.

Here’s the EMI on a Rs 1 lakh car loan from top 10 largest banks

December 27, 2024 13:28 IST

State Bank of India (SBI) and ICICI Bank offer competitive rates of 9.10%, resulting in an EMI of ₹2,474 per lakh.

Mutual Funds vs Fixed Deposits: Choosing the Right Option for Your GoalsSubscriber Only

December 20, 2024 13:07 IST

Unlike mutual funds, FDs are not influenced by market fluctuations, making them low-risk investments. They work best for conservative investors who prioritise capital protection over growth.

Budgeting Basics: All You Need to Know About the 50-30-20 Financial RuleSubscriber Only

December 6, 2024 17:46 IST

Out of your total income, 50% should be allocated to essential living expenses.

fixed deposit, investments, indian express

NRI investment in fixed deposits: Check latest rates for tenure up to 5 years

November 29, 2024 14:18 IST

Fixed Deposits for NRIs: There are a few types of fixed deposits that NRIs can choose from.

Becoming an NRI? Here is your financial checklistSubscriber Only

November 21, 2024 13:31 IST

Your finances are a crucial part of your life, and planning them in advance is essential when preparing for an international move. Below are key financial steps to take before becoming an NRI.

In India, many salaried individuals depend on loans to fulfill their dreams or manage expenses.

Debt is rising in India: 6 strategies to manage yours effectivelySubscriber Only

November 12, 2024 14:32 IST

Stagnant incomes combined with rising inflation ar driving more people to borrow for everyday expenses.

NRE fixed deposits: Check the latest interest rates of public sector banks here

October 25, 2024 12:39 IST

NRIs can invest in fixed deposits through NRE FDs, wherein the investment can initially be done in a foreign currency but the FD is maintained in Indian Rupees

gold prices, business economy news, indian express

Gold prices touch all-time high: Should you invest in the yellow metal this festive season?Subscriber Only

October 21, 2024 11:02 IST

Gold is typically a long-term wealth-building asset.

NRIs are allowed to invest in Indian mutual funds through the Foreign Exchange Management Act (FEMA) guidelines.

Mutual funds for NRIs: What are the tax rules and benefits?Subscriber Only

October 11, 2024 15:15 IST

In this article, we will discuss the tax implications that NRI investors must consider before investing in mutual funds in India.

Festive Season Special – 6 financial fraud tactics to be wary ofSubscriber Only

October 2, 2024 14:07 IST

Impersonating authority figures, confusing you with jargon, leveraging fake social influence, or creating a false sense of urgency, scammers try to trick you into revealing your financial details.

Festive season special – 6 financial fraud tactics to be wary ofSubscriber Only

October 1, 2024 13:44 IST

Let’s explore the finer details and the signs you can watch out for to avoid becoming a victim of such schemes.

NRI investment options in India: A complete guideSubscriber Only

September 27, 2024 16:34 IST

Whether you are aiming for high returns in equity markets or prioritising safety with fixed deposits and bonds, it's crucial for NRIs to understand the tax implications, risk factors, and regulatory requirements before investing.

Best Fuel Credit Card in 2024: How to choose the right oneSubscriber Only

September 19, 2024 13:57 IST

There are many credit cards available today that offer fuel-related benefits, but how do you select the one that’s right for you?

If you’re in your 40s and buying a home is one of your financial goals, it’s not too late to begin. (File Photo)

Taking a home loan in your 40s? 5 crucial pointers to keep in mindSubscriber Only

September 16, 2024 12:36 IST

If you are planning to take a home loan, check your credit score. Your creditworthiness plays a crucial role in the home loan deal you may get – lower interest rates and better loan terms.

credit cards, credit card spendings, credit card transactions, Reserve Bank of India, RBI data, e-commerce, Amazon, Flipkart, Indian express news

Credit Card Balance Transfer: All You Need To KnowSubscriber Only

September 9, 2024 11:04 IST

The facility is offered with certain credit cards and allows the cardholder to clear their credit dues for a particular card by transferring the outstanding balance to another card.

Borrowing to buy a house? Tips to help lower your EMI burdenSubscriber Only

August 8, 2024 12:34 IST

A lower rate can translate to significant savings while a higher rate can increase your debt burden. To help you, here are some key factors that can help you lower your debt burden.

ITR Refunds 2024: The volume of returns filed can lead to processing delays, and taxpayers must e-verify their returns within 30 days of filing.

ITR Refund: Know how to check income tax refund status and what to do if it’s delayed

August 1, 2024 15:58 IST

As the ITR filing deadline has now passed, here's how taxpayers can efficiently check the income tax refund status and take appropriate action if delays occur.

Union Budget 2024: Deductions under New Tax RegimeSubscriber Only

August 1, 2024 14:53 IST

Deductions in New Tax Regime: Speaking of the new tax regime, the lower tax rates it offers come at the cost of fewer deductions and exemptions, compared to the old regime.

Budget 2024 Revises LTCG for Mutual Funds – What It Means For Investors?Subscriber Only

July 29, 2024 12:41 IST

One of the significant changes announced was a hike in the long-term capital gains (LTCG) tax on listed assets, specifically equity mutual funds. LTCG tax on equity was introduced in March 2018 and is applicable to the sale of long-term assets.