If you are thinking about signing up for a new credit card, it is recommended to first compare the features of the different ones. Credit cards offered by various banks. These key features include reward points, eligibility, renewal fee and other benefits such as free access to the lounge. There may be some features that … Read more
Without a valid power of attorney, parents risk serious financial penalties and legal problems. A power of attorney can help you manage your children’s finances legally, offering protection and peace of mind while ensuring compliance with FEMA regulations. Avoid shortcuts, get a power of attorney, and keep your family’s finances safe. Avoidable mistakes: legal risks … Read more
Health coverage for seniors: The Union Cabinet on Wednesday approved an expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), extending the health cover of Rs 500,000 to all persons aged 70 years and above, irrespective of their income. This new provision will benefit about six crore senior citizens, according to Union … Read more
At its core, factor investing focuses on specific characteristics, or “factors,” of stocks that have been shown to deliver superior returns than most diversified portfolios achieve. While it is based on rigorous academic research, it is not just about chasing trends. Ajay, who has been riding the momentum factor for the past two years and … Read more
I am thinking of returning to India after working abroad for 35 years. I have some deposits in FCNR. I have been advised to convert them into RFC deposits when I return. Like interest on FCNR deposits, is interest on RFC deposits also tax exempt?—Name withheld on request Indians returning home have the option to … Read more
If you run out of cash and are thinking of withdrawing your mutual fund investments, take a break. There is another option: you can take out a loan with mutual funds as collateral and not interrupt the potential long-term profitability of your investment. Several banks offer loans against mutual fund units at interest rates ranging … Read more
Wadhwa started her journey when Facebook was booming and Instagram was a photo-sharing platform. During that time, she created her online persona, Miss Coco Queen, a name that reflects her love for Coco Chanel and Alexander McQueen. “Back then, I used to work through blogs and Facebook posts – there were no videos,” she recalls. … Read more
In recent months, there has been a sharp rise in the number of income tax notices sent to taxpayers across India. These communications – everything from faulty returns to demands for additional tax – have led to anxiety and confusion, especially among individual taxpayers. This article delves into the reasons behind the increase in income … Read more
The Indian government confirmed the First case of Mpox On Monday, alarm was raised over the transmission of the virus in the country. This coincides with the prevalence of other infectious and vector-borne diseases, such as malaria, dengue, chikungunya, etc., which increases concerns about rising medical costs. He World Health Organization The United Nations (WHO) … Read more
While the quality of life in Melbourne is superior, it comes at a high price, both literally and metaphorically. “What we miss the most is family and the general lack of community. Australia is a lonely country. That’s the main reason we want to come back,” said Saurabh. “Also, the cost of living as a … Read more
