Many people follow the popular 50-30-20 budgeting rule, dividing income into 50% for needs, 30% for wants, and 20% for savings. But personal finance expert, Ritesh Sabharwal, warns that this…
Category: Banking And Finance
Here’s a step-by-step guide to checking and updating KYC for mutual funds
Before investing in mutual funds, one basic requirement every investor must fulfil is completing and updating their KYC (Know Your Customer) details. But before rushing to update anything, it’s important…
Diwali 2025: Here’s why not every gift you receive is tax-free, says expert
The festive season of Diwali is all about exchanging gifts and spreading happiness. From cash and sweets to jewellery and vouchers, gifts flow freely, but CA Abhishek Walia reminds us…
Why cyber insurance has become a must-have for individuals in India
As India races ahead in the digital age, our increasing reliance on online banking, e-commerce, and social media comes with a hidden cost—In 2023 alone, thousands of cybercrime cases were…
PAN Card Misuse: Here’s How To Check If A Loan Has Been Taken In Your Name
New Delhi: Loan frauds and identity thefts are on the rise, and one of the biggest risks is someone taking a loan in your name using your PAN card. Since your…
SIP vs RD: Where should your monthly savings go?
For most Indian households, setting aside a fixed amount every month is a discipline passed down through generations. Earlier, — safe, predictable, and easy to understand. But with mutual fund…
Bank Holiday Alert: Know When Banks Will Remain Shut Between Oct 6 and Oct 12– Check List
New Delhi: Planning to visit your bank next week? You may want to check the holiday list first! Banks across India will remain shut on several days due to regional…
Is Your KYC Updated? Here’s How To Check For Mutual Funds– Documents Required Are..
New Delhi: When it comes to investing in mutual funds, keeping your KYC (Know Your Customer) details updated is the very first step. Without a valid KYC, you won’t be able…
Health insurance in 2025: Key traps that could drain your pocket
Due to growing awareness of health insurance and the surging cost of medical treatment, many now prioritise obtaining coverage. While this is a positive trend, many still struggle to fully…
SBI Credit Card Users Alert: New Fees And Charges Applicable From Nov 1– Details Here
New Delhi: Starting November 1, 2025, SBI Card customers will have to brace for some changes. The credit card company has announced a revision in its charges and fees, issuing…