Demat Account: How to benefit from corporate announcements? Corporate actions include various benefits for investors like dividends, bonuses, and rights issues. Staying updated on company announcements is crucial for investors to make informed decisions impacting stock prices and investment...
Demat Account: What are the investment limits? Find out here Demat accounts help investors to buy and sell a wide range of securities, including stocks, mutual funds, bonds, and derivatives, conveniently through online trading platforms.
Avoiding TDS: What are 15G/15H forms? Who needs them and why? 15G is a mandatory form and EPF subscribers must fill them to avoid paying the TDS if they are withdrawing over ₹50,000. FD depositors are also meant to fill this form to avoid paying TDS when their interest income is less than ₹40,000
Demat Account: Benefits of handling mutual fund investments through demat Demat accounts streamline mutual fund investments by offering convenience and accessibility.
What drives crypto HODLers despite volatility, uncertain regulations, high taxes Belief in the potential of cryptocurrencies is one of the factors keeping investors interested in these virtual currencies despite its many disincentives.
Payment aggregators not permitted to save card holders' data from Aug 2025: RBI’s draft circular The good news for card users is that the payment aggregator firms will not be allowed to store card on file (COF) data from August 1 next year onwards. The only entities allowed to store the COF data...
Target net savings of 35% of pay for a corpus of ₹5 crore by age of 60 To reach a retirement corpus of ₹5 crore by the age of 60, a 38-year-old should save 35% of their ₹16.2 lakh annual income. By investing 80% in equities and 20% in debt schemes with a 10% annualized return rate, this goal...
It is time for KRACentral Challenges arising for investors due to recent KYC rule changes affecting investments in MFs and capital market products, highlight the need for a standardized online KYC process and upgraded KRA infrastructure.
From savings to success: Unveiling the secrets of female financial mavericks Financially empowered women navigate markets with finesse, empowered by education, strategic investing, networking, and technology. Breaking barriers, they redefine financial empowerment and inspire others on the path...
Credit Score: Look out for these 5 common errors in your CIBIL report You should also review the payment history of each credit account to ensure that all payments are accurately recorded. Look out for any missed payments or late payments that you believe are incorrect.
From dreaming to doing: How smart investing turns aspirations into achievements Saving is crucial, but investing smart is key to wealth creation. Google search data shows a rise in interest in managing finances during uncertain times. Investing in assets like stocks can outpace inflation and...
EPF rule change: Now you can claim partial withdrawal up to ₹1 lakh for medical treatment The Employees’ Pension Fund Organisation (EPFO) has deployed the change in the application software on April 10 this year. The rule change has received the nod of Central Provident Fund Commissioner, the...
How to get a home loan with an average CIBIL score? Here are 5 ways If your CIBIL score is average, you may still qualify for a home loan, but you might face challenges in getting favourable terms.
How can you increase your credit limit without hurting your CIBIL score? You may decide to contact your credit card issuer to request for a credit limit increase. Many issuers allow you to request increases online or through their mobile apps.
CIBIL score: Using multiple credit cards? Be mindful of these 6 key points Experts often point out that whenever possible, one should pay off your credit card balances in full every month to avoid paying interest. This helps keep your credit utilisation ratio low that can positively impact your...