A growing number of would-be homebuyers prefer lenders that incorporate rent and utility payments into credit assessments, marking a significant change in mortgage underwriting expectations, especially among younger consumers. Experian says a growing share of would-be homebuyers are paying attention…
Key Equity Release calls for a holistic approach to financial advice for older homeowners, urging the integration of later-life lending considerations with tax-free pension withdrawals in light of rising flexible pension access and upcoming inheritance tax changes. Later-life lending should…
A Gorakhpur man fell victim to a Facebook-based scam after believing a false story about airport luggage detention, resulting in a loss of over Rs 15 lakh, with police now probing the case. A man in Gorakhpur has alleged that…
A wave of innovative financial tools and services is empowering seafarers to attain true financial freedom, shifting focus from visible wealth to sustainable options and long-term stability. For many seafarers, financial freedom is less about displaying wealth than about gaining…
Guidelines emphasise prompt notification, complete evidence, and organised records as key to avoiding delays in car insurance claims, with recent advice offering practical strategies for policyholders to expedite settlements. Prompt reporting, careful record-keeping and clear follow-up remain the best ways…
Despite easing deposit rates, savers can still secure attractive yields on short-term certificates of deposit, with Synchrony Bank leading offers at 4.15% APY for a 14-month term amid ongoing rate fluctuations. Deposit rates are easing, but savers can still find…
India’s domestic semiconductor industry is gaining momentum with new plants operational and significant government investments, signalling a strategic move towards technological self-reliance and economic resilience, as the country aims to build a comprehensive chip ecosystem over the next decade. India’s…
The Indian tax authorities specify that speculative trading must be reported separately from regular business income and exclude such activities from presumptive taxation, affecting low-turnover traders with losses. In India’s ITR-3, speculative trading is meant to be reported separately from…
The Delhi bench of the Income Tax Appellate Tribunal has clarified that interest paid under section 28 of the Land Acquisition Act cannot be taxed separately as income when the land in question is classified as rural agricultural and outside…
The Reserve Bank of India has introduced new rules in 2026, removing prepayment charges on floating-rate personal loans for eligible borrowers, offering greater financial flexibility and transparency. A year-end bonus or a windfall from a successful investment often prompts one…
