Gold and silver prices: The yellow metal’s price in India’s retail market remained unchanged on Sunday, 7 June with both 24-karat, and 22-karat gold rates largely remaining stable across major…
Category: Banking And Finance
Capital gains taxation of hybrid funds: How different types of hybrid funds are taxed?
Capital gains taxation of mutual funds depends on how much the fund invests in equity and debt. Since hybrid funds have different equity-debt allocations, the tax treatment of their varies…
Planning an international trip? Credit card vs forex vs pre-paid travel card — Compare which option works best for you
Indian travellers choosing a foreign destination have multiple options to choose from when it comes to facilitating payments. Popular among these are , forex cards and pre-paid travel cards. But…
Own physical gold digitally? NSE’s EGRs make it possible — What they are, how they work and their key benefits
The National Stock Exchange of India () last month launched Electronic Gold Receipts (EGRs) as a new segment, in a bid to create a more transparent and efficient price discovery…
CBI conducts searches in Rs 661 crore IDFC First Bank-AU Finance Bank fraud case
The CBI has conducted searches at six locations in Chandigarh, Panchkula and Delhi-NCR in connection with an alleged Rs 661 crore fraud involving the siphoning of government funds from departments…
Health insurance claim rejected? IRDAI wants insurers to explain why
Nearly one in every 12 claims was repudiated in FY25. Now, the Insurance Regulatory and Development Authority of India (IRDAI) wants insurers to explain those decisions more clearly. Under the…
How Millennials and Gen Z can improve credit health and build a strong credit score for future financial success
We live in an era where financial decisions can shape families’ futures. An individual’s decision shapes long-term economic opportunities. As a result, credit health has emerged as a critical pillar…
Old vs new tax regime: Which saves more tax if you earn ₹20 lakh, ₹25 lakh or ₹30 lakh?
With the new tax regime offering lower rates but fewer deductions, many salaried taxpayers are wondering whether the old regime still makes sense. Here’s a comparison across income levels of…
Studying abroad on a loan? Here’s the true cost—and the mistakes that can make it even higher
A foreign degree today can easily cost Indian families as much as ₹1 crore and in some cases even more, making overseas education one of the biggest financial commitments they…
EPF e-nomination can be considered invalid if you miss this key step — Here’s what to do
EPFO has directed mandatory e-nomination for all its EPF members in accordance with the provisions of the EPF Scheme, 1952. Having a valid nomination in place ensures that EPF benefits…