If an individual’s CIBIL score has been falling, they might have taken financial decisions that have dented their score. To fix that, he/she first needs to understand what has affected the score.
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Section 80C includes an exhaustive list of investments on which you can claim tax deduction while filing for your taxes. Some of these are Employee Provident Fund, Public Provident Fund, life insurance and so on.
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The Reserve Bank of India (RBI) today cautioned people against frauds being conducted in the name of KYC updation. In a statement, the RBI said it has been receiving complaints/reports about customers falling prey to frauds being perpetrated in the name of KYC updation.
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The due date of furnishing of Return of Income for the Assessment Year 2021-22 was July 31, 2021; it has now been extended to December 31, 2021.
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Senior Citizens above the age of 75 years, who only have pension and interest as a source of income, will be exempted from filing the income tax returns (ITR) for fiscal year 2021-22. The Central Board of Direct Taxes (CBDT) has now notified rules and declaration forms which senior citizens would have to file with the specified bank.
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There have been and will continue to be several rule changes this month. These changes come in the form of regulatory policies across banking, financial and even automotive sectors that will affect the day-to-day lives of the average citizen. With that said, here are the 10 most important changes that citizens have to contend with, in the month of September 2021.
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As equity shares of a company are considered as capital assets, selling such shares would either result in a capital gain or capital loss.
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If handled carelessly, credit cards can adversely impact your financial health for a long time to time. These five common signs indicate you are using your credit card the wrong way.
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MUMBAI: Life Insurance Corporation of India has said that its asset base has crossed Rs 38 lakh crore with total investments of Rs 36,76,170 crore and a life fund of Rs 34,36,686 crore as of March 2021.
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As August comes to a close, the month of September brings new changes with it. From Aadhaar to the bank, to the price of LPG cooking gas, there are quite a few changes that will take effect as of next month. These new rules and implementations will be affecting your day-to-day life as well as changing the landscape of the economy somewhat.
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Having a good credit score goes a long way. Experts say a good credit score is a gateway to a smooth financial life. That is the reason many individuals actively seek information to manage their creditworthiness.
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This Independence Day, be well informed and choose to be free of financial worries by covering your risks with insurance.
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Here's a five-point checklist to help you set your future goals and build a unique plan for your financial freedom and security.
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Let's see 7 different types of health insurance plans and what they have to offer.
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Try to improve your credit score even if you get a loan with a higher rate at the beginning so that the risk premium gradually gets lowered during the course of the loan
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Pension plans are a combination of Insurance Plans with Annuity. Experts say the ideal way of investing in it is to start investing in the late 20s wherein the premium is relatively low comparing it with later years of age.
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From budgeting missteps and impulse purchases to inadequate contingency planning and much more, nobody is immune to financial faux pas.
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To provide relief to depositors in stressed banks like Punjab and Maharashtra Co-operative (PMC) Bank, Union Cabinet on Wednesday cleared the amendments in Deposit Insurance and Credit Guarantee Corporation Act, 1961, (DICGC Act). Depositors of banks under moratorium the will no longer have to wait for the Reserve Bank of India (RBI) to rescue the bank to access their funds.
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