Planning smartly for the future and for unexpected situations is essential. Notably, when saving for your healthcare and related medical expenses, it is important to identify your goals, health status,…
Category: Banking And Finance
I asked ChatGPT: How can I make my kids more financially aware? AI gives me 10 money hacks
Most parents try to teach children about money through lectures. That rarely works. I asked ChatGPT: “How can I make my kids more financially aware?” AI gave me 10 hacks.…
Post office savings: Can ₹10 lakh FD and ₹10,000 RD create ₹1 crore in 20 yrs? Check how inflation impacts returns
A disciplined investment strategy using a ₹10 lakh post office fixed deposit (FD) and a monthly recurring deposit (RD) contribution of ₹10,000 can potentially help investors build a corpus close…
Do NRIs require tax clearance certificate before leaving India?
I have been residing in Oman for the last two decades. Due to the war situation in the Gulf region, I am currently staying in India. However, I intend to…
What is LPG subsidy? Know rules, eligibility and how to spot fake LPG delivery messages and avoid scams | Explained
State-run oil marketing companies (OMCs) have launched another verification drive to reduce the liquefied petroleum gas (subsidy burden by checking the annual income details of cooking gas consumers. As part…
Indian banks need AI-led defence systems as Anthropic’s Mythos heightens cyber risks: Barclays
New Delhi: Indian banks need to modernise their technology architecture and build artificial intelligence-based defence systems to counter emerging cyber threats posed by AI tools, India, MD & CEO Praveen…
I asked ChatGPT to calculate the savings needed as a freelance artist, to live my old age in Pune
Saving for future: I asked ChatGPT to calculate the how much savings corpus I should build for my old age as a freelance artist with irregular income, living in Pune.…
Sharing your credit card with friends and family could land you in trouble with the Income-Tax department — Here’s why
A line of short-term borrowing, credit cards are flexible borrowing instruments that come with the highest interest rates among most personal finance tools. The major benefit when using a credit…
‘Bangalore rent is like second EMI’: Couple says ₹1.3 lakh monthly expenses exclude holidays, luxury spending
A -based couple has yet again kick-started a debate about the rising cost of urban living after sharing that they spend nearly ₹1.3 lakh every month despite both earning well-paying…
8th central pay commission to engage stakeholders in Delhi, Telangana, J&K and Ladakh in May and June — Check dates
The 8th central pay commission (CPC) has set into motion discussions ahead of its recommendations for allowances, pay hikes, salary structure i.e. dearness allowance and fitment factor. Constituted every 10…