Manking Personal Finance Easy
The initiative is part of the implementation of the e-Verification Scheme, 2021. | Photo credit: Getty Images The Income Tax Department on Tuesday (Dec 17, 2024) said it is sending SMSes and emails to taxpayers and non-filers in which it has identified a mismatch between the transactions reported in the Annual Information Statement (AIS) and…
A personal loan is the most preferred financing option for many as it does not require collateral and can be used in multiple ways. However, a personal loan application can be rejected for various reasons. Rejection of a loan application does not mean that you will never get a loan in the future. By focusing…
Credit card offers and rewards seem very tempting to many card users. These offers attract many people to choose credit cards as a means of payment. However, using a credit card is not limited to offers and benefits; the small print determines exactly the impact of card use. The fine print of a credit card…
However, not all of these factors have an equal impact on your credit score. For example, your repayment history is much more important than the number of hard inquiries on your credit report. A hard inquiry, also called a hard credit check or hard credit check, is when a lender or financial institution reviews your…
If you are a salaried employee and have already made investments in certain tax-saving instruments, it is imperative that you declare this to your employer so that your salary is not substantially reduced in the last two months of the 2025 financial year. For example, if you have invested ₹1 lakh for insurance premium and…
Capital market regulator Securities and Exchange Board of India (Sebi) has proposed a platform to provide relief to investors who have lost track of their mutual fund investments. Releasing a draft circular on Tuesday, Sebi expressed its intention to launch a service platform, MITRA or Mutual Fund Investment Tracing and Retrieval Assistant, that will help…
The Parliamentary Standing Committee on Labor recently recommended that the government increase the current minimum pension ₹1,000, granted by the Employee Provident Fund Organization (EPFO) under its Employee Pension Scheme (EPS). In its report tabled in Parliament on December 16, the panel noted that more than ten years have passed since the minimum pension of…
Union Finance Minister Nirmala Sitharaman speaks during the winter session of Parliament in New Delhi, December 17, 2024. | Photo credit: PTI Union Finance Minister Nirmala Sitharaman said on Tuesday (Dec 17, 2024) that the lower-than-expected GDP growth of 5.4% in the second quarter was a “temporary blip” and that the economy will see healthy…
Take the case of Aarav, who wanted to move to another city. Luckily, a certain Mr. and Mrs. Raghavan were looking for an apartment in his area. It was a match made in Heaven. However, there was one problem. Aarav still had one ₹There was a loan of Rs 80 lakh pending for the house,…
Mumbai, India’s long-term structural growth story remains intact thanks to favorable demographics and stable governance, and Indian equities are likely to remain positive next year, a report showed on Tuesday. According to a note from ITI Mutual Fund, private banks, capital goods and digital trading are expected to see strong earnings growth by 2025. In…
