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Technological advancements have transformed the way we access cash. While cardless ATM withdrawals may not be universally available at every bank yet, they are becoming more widespread. from mint - money

The Kolkata-based dental surgeon has wealth accumulation goal of ₹8 crore from mint - money

Optimism in investment drives confidence and risk-taking but must be balanced with realism and data-driven analysis for success. Bill Gates advocates for optimistic investing, emphasizing human progress's resilience and compounding power. from mint - money

Capital gains on redemption of the bonds on maturity would be considered as an exempt transfer under section 47 (viic) of the IT Act and, hence, not liable to tax. from mint - money

Important dates included Paytm wallets with no transactions for over a year will close on July 20; SBI Card rule changes on July 1; ICICI Bank revises charges from July 1; ITR deadline on July 31; PNB updates lounge access on July 1; Citi card migration by July 15. from mint - money

Research indicates a shift in spending behavior towards luxury goods as a status symbol, while donations and tipping remain consistent with cash and cashless transactions. The influence of cashless payments on consumer spending is diminishing over time, leading to increased spending. from mint - money

Government will provide benefits on a monthly basis from mint - money

Kalki 2898 AD released in theatres earlier this week. The movie teaches us about diversification, growth opportunities, stability in investments, and planning for retirement amidst a fantastical blend of mythological storytelling and futuristic landscapes. from mint - money

Life insurance is the essential piece of the financial puzzle, offering personalized and affordable solutions tailored to individual needs. From term insurance for young professionals to ULIPs for investors and annuities for retirement, it ensures financial security and peace of mind. from mint - money

Experiencing a layoff shouldn’t be daunting if you’re financially prepared. Avoid letting your guard down and allowing circumstances to overwhelm you. Instead, use this period as an opportunity to prioritize your finances and maintain resilience against frustration. from mint - money

Offering a reduction or complete waiver of GST on health insurance premiums in Budget could encourage purchase and renewals of non-life insurance in the long term from mint - money

Although many people believe that fixed deposits are a safe investment with guaranteed returns, there are certain risks to be aware of. Even though they are typically a low-risk option, before investing, it is important to be aware of the following possible drawbacks. from mint - money

Any exceptional investor with a distinct perspective on investing, or a different approach to generating profits from the market, merits respect. You can either adopt it as an investing mantra for future reference or disregard it, potentially missing out on valuable insights for your learning. from mint - money

Bank FDs offer security with no default risk and stable returns, making them ideal for risk-averse investors, especially seniors. On the other hand, fixed income mutual funds provide higher potential returns and liquidity, catering to those seeking growth and flexibility in their investments. from mint - money

Lessons for first-time taxpayers filing ITR, including choosing tax regime, reviewing Form 26AS, and verifying returns to avoid penalties from mint - money

Gift City is hoping this will attract more wealthy individuals to route investments through it into US markets without worrying about the US' hefty inheritance tax. from mint - money

A bank holiday refers to a day when banks are closed and most traditional banking services are not available. When organizing your banking tasks, it’s crucial to take into account both the national/regional holidays and regular closures. from mint - money

Your credit score serves as a numeric reflection of your creditworthiness, indicating to lenders your likelihood of repaying borrowed funds. Given its pivotal role in various financial aspects of your life, it’s crucial to protect it diligently. from mint - money

The market is currently at valuation multiples which may not be called attractive, more so, for mid caps and small caps where the valuation premiums are above long-term averages. from mint - money

Pet insurance safeguards animals' health and well-being, covering costly medical expenses and unforeseen mishaps. Benefits include financial safety, exclusive benefits, and global coverage. Types include dog and cat insurance, with plans offered by various companies in India. from mint - money

Investing in EPF accounts can yield high returns with minimal risk, aiding in building a substantial corpus over time. EPFO ensures long-term financial stability for employees in India through various benefits. from mint - money

Active funds can protect investments during market downturns through tactical asset allocation, while index funds lack the flexibility to adjust holdings from mint - money

NDA's third term focuses on economic reforms, ease of doing business, infrastructure development, and renewable energy, offering NRI investors promising investment environment with tailored financial services. from mint - money

Zerodha Nifty 1D Rate Liquid ETF can be used by traders to park short-term money or margin money; other funds offer different payout structures. from mint - money

Financial stress is common and can lead to persistent anxiety, impacting physical health. Acknowledging the role of money in stress is crucial for finding solutions within oneself rather than blaming external factors. from mint - money

Maintaining a low credit utilisation ratio is crucial for a healthy credit score. High utilisation reflects risky financial behavior, while low utilisation showcases responsible spending. Monitoring and managing credit utilization helps in improving credit health and appeal to lenders. from mint - money

It is important to meet deadlines, ensure correct personal info, select the right ITR form, report all income sources, review Form 26AS, claim accurate deductions, and verify your ITR post-filing. These steps help prevent penalties, delays, and ensure a smooth filing process in India. from mint - money

The increasing credit card fraud cases emphasize the urgent need for robust security measures in the financial sector. It is crucial for financial institutions, businesses, and consumers to adopt comprehensive security strategies to prevent financial fraud. from mint - money

Kota Factory Season 3 explores money lessons through academic competitions and mentorship. Importance of showing working, finding a supportive mentor, and letting go of old beliefs are highlighted. from mint - money

Regular yoga practice can lead to lower insurance premiums by reducing the risk of critical illnesses like cancer, heart attack, and kidney failure. It also helps manage physical functions and mental well-being, contributing to a healthier lifestyle and cost savings. from mint - money

The latest data indicates that unclaimed deposits and investments in India, including mutual funds, shares, and debentures, amount to several thousand crores of rupees from mint - money

Household savings pool has declined drastically, with a corresponding increase in loans and investments, especially in mutual funds, according to government estimates. from mint - money

A lot of money coming into equity MF schemes through the SIP route makes things difficult for fund managers. Every time they need to invest this money into stocks, chances that they end up driving up the prices of those stocks are very high from mint - money

For Indian taxpayers, income tax exemptions and deductions offer significant benefits. Knowing these exemptions and deductions will enable you to choose investments and spending that will optimize your tax savings. from mint - money

Silver ETFs have gained 19.7% in 2024 so far, outperforming other asset classes. The newest silver ETFs have quickly attracted ₹5400 crore in assets. Silver prices are rising due to geopolitical uncertainties and high inflation. from mint - money

Sam Zell, amassed his wealth using notably unconventional strategies. Rather than shying away from calculated risks, Zell focused on rigorous risk assessment. Yet, he also prioritized minimizing risks wherever feasible, aiming for greater returns on the risks that remained unavoidable. from mint - money

Form 26AS is directly available to you via the income tax e-filing portal. However, after logging in, accessing AIS might necessitate going to a different AIS portal. from mint - money

Updating child insurance policies post-divorce is crucial for financial stability, custody arrangements, beneficiary designation, asset division, health insurance coverage, and contact information to ensure children's well-being and protection. from mint - money

Filing Income Tax Return (ITR) is mandatory even if tax is deducted at source. Criteria for filing include income exceeding exemption limit, assets abroad, foreign investments, large deposits, high sales, and significant expenditures from mint - money

Form 16 must be provided as per Section 203 of the Income Tax Act. Nevertheless, discrepancies may arise between the information in this form and the pre-filled ITR form. from mint - money

While the rules for the taxation of capital gains may seem straightforward, the practical application of the capital gains tax is far more complex. from mint - money

Deploy outsized gains sensibly, diversifying them in multiple assets like debt and gold.Unsure how to do this? Approach a Sebi-registered investment adviser from mint - money

Books are essential for learning the fundamental principles of value investing, financial analysis, and risk management, all vital for investors. They expose readers to diverse investment philosophies, helping them discover approaches that best suit their risk tolerance and financial goals. from mint - money

If you qualify as a tax resident of the foreign country, upon application, the tax authority of that nation would usually issue a TRC quoting the respective DTAA from mint - money

Active funds offer potential for higher returns through expert management, while passive funds provide cost-effective, market-mirroring options from mint - money

Taxpayers with incomes exceeding ₹50 lakh must declare their assets in Schedule AL of ITR forms 2 or 3, including immovable property, financial assets, and liabilities from mint - money

These changes will attract more Indian capital to global markets and enhance the competitiveness of Indian investors from mint - money

In order to justify a claim of HRA exemption in such a case, it is important that certain conditions are fulfilled and can be further substantiated with documentary evidence from mint - money

Choosing a retirement plan for your dad is not just a practical decision; it is also a heartfelt gesture that reflects love and gratitude. from mint - money

Improving credit score is crucial for financial safety. Timely repayments and managing credit card dues are key. Avoid overutilization of credit limit and reduce outstanding balances. from mint - money

Monsoon season poses challenges for car owners, IMD predicts heavier rains. Safeguard your vehicle with monsoon-specific car insurance add-ons like engine protection, zero depreciation, tyre protector, and more for comprehensive protection. from mint - money

The Employees' Provident Fund Organization discontinues COVID-19 advance facility immediately, citing end of pandemic. from mint - money

Celebrate Father's Day 2024 by showing appreciation with financial gifts like SIP, clearing debts, add-on credit card, health insurance, and emergency fund to support father figures who have always been pillars of strength. from mint - money

Tax rules vary depending on whether your FoF is equity-oriented, impacting both short-term and long-term capital gains. from mint - money

Fund managers expect manufacturing as a theme to do well under Modi 3.0 from mint - money

Using its algorithm, peer-to-peer lending platform LiquiLoan seems to have cracked the convenience code for small investors. But do investors understand the risk involved? from mint - money

Aadhaar update: Updates can be made online for free on the myAaadhaar portal, with offline updates incurring a ₹50 fee. from mint - money

At times, a personal financial audit might seem boring and obvious, but remember that these steps are the building blocks of your financial life from mint - money

India's digital advancement has enabled financial services for millions, but also brought a surge in cyber fraud. Victims, often unaware, suffer financial losses and damaged credit history. Collaboration among stakeholders is crucial to address loopholes and protect digital trust. from mint - money

The recent AMFI data indicates that well-timed NFOs, a market rally, and the long-term belief in India’s growth story by domestic retail investors have fueled the recent surge in equity investments. from mint - money

Submitting your income tax return stands as a crucial yearly obligation for numerous individuals in India. Equally vital is the necessity to abide by specific essential directives before completing the ITR form. from mint - money

Last year was remarkable for small and medium enterprises, with 182 companies getting listed on SME exchanges via IPOs. But to bolster participation in SME IPOs and protect investors, the market expects a few regulatory enhancements from mint - money

DA hike: The increase in dearness allowance was implemented from April 1, 2025 from mint - money

Personal loans can serve as a strategic tool for credit building, emphasising the need for careful and intentional usage. from mint - money

The Aditya Birla Sun Life MF picks 35-80 companies in emerging markets and is mostly exposed to China, South Korea, Taiwan, and Brazil from mint - money

Several elder and geriatric care services provide all-inclusive packages for kins living away from their parents in other cities or countries. But peace of mind comes at a premium from mint - money

Only if mutual fund units do not qualify as ‘comparable interests in a company’ would they become ‘property’ that is not described under other paragraphs of the capital gains article under the India-Australia DTAA from mint - money

Professional indemnity insurance provides crucial financial protection for medical practitioners, covering costs related to legal disputes from medical negligence or errors..Doctors benefit from both financial security and peace of mind, allowing them to practice with greater confidence from mint - money

Claim available deductions and exemptions to minimize tax burden in India. Sections 80C and 80D provide opportunities for tax savings. Timely filing of Income Tax Return and accurate bank account validation are essential for smooth refund processing. from mint - money

Effectively managing your savings account can enhance your financial well-being by turning it into a powerful tool. By using strategies like analyzing interest rates and minimizing fees, you can maximize your savings account's potential for achieving financial security. from mint - money

Over the past year, Soumya Rajan has moved from small-caps to large-caps, seeing froth in the mid- and small-cap rally from mint - money

Until there’s improved public healthcare or regulations on private hospitals in India, health insurance premiums are likely to continue increasing from mint - money

Eliminating the hidden cost of float could make investing in India more economical for FPIs and allow service providers to reprice at an accurate market value, absent any covert subsidy. from mint - money

Personal loans are growing fast with attractive offers from banks. Eligibility depends on income, credit score, and spending capacity. Here are essential do’s and don’ts you must keep in mind while applying for a loan from mint - money

Raj Khosla advises on the financial implications of taking loans for weddings or zero-interest EMIs, highlighting the need for budgeting, understanding loan terms, and considering future financial goals to avoid falling into a debt trap. from mint - money

Season 4 of Gullak follows the Mishra family's heartwarming tales, highlighting the dynamics between family members and life lessons intertwined with money management, portrayed through relatable scenarios at work and home. from mint - money

Rising gold prices have boosted loan-to-value for gold, with borrowers now able to get more money using gold as collateral. Here's how from mint - money

RBI keeps repo rate unchanged at 6.5%: The real estate sector anticipates lower interest rates later this year, which could provide an impetus for housing demand and sectoral growth across industries. from mint - money

Financial changes can occur year-round, though certain periods tend to be more active than others. from mint - money

Trusting a fee-only financial adviser ensures unbiased and personalized financial guidance, as commissions or product sales do not influence their advice from mint - money

Mint has collated the annual salaries of two highest-paid executives for each of the top 10 asset management companies by average asset under management. from mint - money

UHNIs have a unique relationship with money and require bespoke investment strategies tailored to their goals, risk tolerance, and circumstances. from mint - money

Government personal loan schemes refer to personal loans provided by banks that offer specific benefits tailored for government employees. from mint - money

Despite its advantages, fractional ownership necessitates careful consideration. Investors should look for platforms that offer transparency, robust property management, and a strong track record. from mint - money

Retirement planning is a crucial as it ensures financial independence and security in the later years of life..Many Indians remain unprepared for retirement as they prioritize current expenses over future security, underscoring the need for better awareness of financial planning. from mint - money

Prime Minister Narendra Modi secures third term with coalition support, impacting real estate market positively with policy certainty and investor confidence from mint - money

Taxpayer should define the nature of employment at the time of filing of income tax return while filing of return i.e., whether s/he is central government employee, state government employee, employee of public sector enterprises, pensioners, employee of private sector. from mint - money

Prior to applying for an EPF withdrawal — also known as advance — it is important that the UAN (Universal Account Number) is activated and the phone number linked to UAN is functional. from mint - money

Most banks have an unwritten rule which states that shorter the tenure, lower the interest rate. And longer the tenure, higher the interest rate. from mint - money

In the never-ending journey of wealth management, selecting a good wealth manager remains the first step. from mint - money

Generally, due to the lack of knowledge about the tax laws, Individuals travelling for work outside India are unable to correctly determine their Indian Residential Status and taxability and assume that income from foreign employment is not taxable in India. from mint - money

You can file a revised return under Section 139(5) of the Income Tax Act of 1961 to correct any mistakes or omissions in your initial ITR filing. from mint - money

Small savings schemes not only offer assured returns in the range of 4 to 8.2 per cent per annum, but enable investors to claim income tax exemption of up to ₹1.5 lakh under section 80C of Income Tax Act. from mint - money

Fixed deposits (FDs) offer varied interest rates for different tenures. For instance, SBI offers 6.5 percent for an FD of 10-year tenure, and 6.75 percent for tenure between 3 to 5 years from mint - money

Deciding how much of your paycheck to invest in real estate requires considering factors like income, savings goals, and expenses. from mint - money

Manoj Maheshwari wants to focus on low-cost funds, increase his equity exposure to 70%.For Maheshwari, achieving financial independence and retiring early (FIRE) doesn't equate to quitting work altogether; instead, it means having the freedom to pursue one’s passions from mint - money

Investing in health insurance at a young age allows individuals to easily pass waiting periods, receive wellness benefits, and ensure coverage beyond employer group plans for long-term health security. from mint - money