A recent column advocates a layered approach to managing finances, emphasising the importance of securing employer matches, building emergency funds, reducing debt, and optimising tax efficiency before investing surplus savings. A sensible financial plan is rarely about finding the perfect…
A family can transfer mutual fund units as a gift without triggering capital gains tax, but the process involves specific procedures and implications for future taxation, especially when transferring to minors or relatives. A family plan to set aside ₹10…
Despite the importance of family financial planning for managing short- and long-term needs, many households remain underprepared for disruptions, highlighting the urgent need for comprehensive and regularly updated financial safety plans. Most households are better at planning a holiday than…
Experts highlight how the updated 20-4-10 rule can help buyers balance affordability and long-term financial stability when purchasing a car on loan, emphasising the importance of upfront payments and loan terms. Buying a car on finance can feel straightforward in…
India’s Supreme Court explores the potential use of AI-driven ANPR technology to enforce insurance compliance, possibly paving the way for a ‘no insurance, no fuel’ rule amidst ongoing legal debates. If a motorist one day reaches a fuel station and…
A set of 12 simple yet powerful money habits emphasise the importance of consistent discipline, from paying yourself first to tracking expenses, in creating long-term financial security. The path to wealth is rarely dramatic. More often, it is built through…
While transactions through UPI, NEFT, RTGS and IMPS do not automatically invite tax notices, discrepancies between digital credits and declared income can prompt investigations, emphasising the importance of proper record-keeping. Digital transfers through UPI, NEFT, RTGS and IMPS do not…
UGC Maker’s Marketing Studio is transforming fintech marketing by enabling rapid creation of human-style explainer videos that build trust early in the user journey, addressing safety concerns and boosting app installations. For fintech apps, the hardest part of user acquisition…
With household power bills climbing due to increased tariffs and device usage, India’s PM Surya Ghar scheme presents a promising solution through subsidised rooftop solar, enabling savings and energy independence for millions. Indian households are feeling the strain of higher…
CIMB’s StarSaver Savings Account returns up to 2.38% annually on fresh funds, boasting tiered rates, no lock-in period, and instant access , a flexible choice for savers seeking competitive yield amidst promotional offers until July 2026. CIMB’s StarSaver Savings Account…
