Page 113 - Personal Finance

RBI asks banks to pay 8% interest for delay in central govt pension payment

Interest should be paid automatically, without any demand from the pensioner: RBI circular

Paying rent above Rs 50,000? Deduct TDS or face income tax default notice

The tenant must deduct 5 per cent TDS on the rent amount and deposit it with the government using Form 26QC within 30 days from the end of the month in which the rent is paid

Almost 80% of Indians plan to use rewards points for leisure travel: Report

84% of them say they will support local small businesses while visiting a new destination, according online survey by American Express

For the select few: Equirus launches elite wealth-tech platform for HNIs

Built as India's first integrated Wealth-Tech experience, the platform combines portfolio insights, real-time analytics, and advisory tools in one place, transforming the way wealth is managed for HNI

Cricketer KL Rahul, actor Suniel Shetty buy 7 acres in Thane for Rs 9.85 cr

The deal involves 28,327.95 square meters (~33,879.58 square yards) of undivided land-indicating potential future development or joint ownership arrangements within a larger master plan.

Mutual funds decoded: What sectors and stocks are fund managers betting on?

In March alone, fund managers increased exposure to Capital Goods, Utilities, Oil & Gas, Cement, and Insurance, signaling confidence in India's domestic growth story.

Overlapping mutual funds reduce your returns: Here is how to fix risk

Portfolios repeating the same investments can lead to non-representation of certain parts of the market

BoI lowers FD rates, ends 400-day special scheme offering 7.30% interest

Several lenders have revised their fixed deposit plans after central bank cut the repo rate

Mumbai's Rishabraj Developers buys 3.8 acres in Borivali West for Rs 539 cr

The documents indicate that the developer intends to develop the four land parcels into residential and commercial spaces.

Minimising payout on home loan: Boost credit score, prepay, cut tenure

A home loan balance transfer can help move to a lower interest rate

SBI cuts FD rates, reintroduces 'Amrit Vrishti' scheme with lower returns

The highest rate is now 6.90 per cent for deposits of 2 to 3 years for regular customers, and 7.50 per cent for senior citizens for deposits of 5 to 10 years

Experts divided over HC verdict on pension rights to second wife

Legal experts term it a 'progressive' order which may open Pandora's box

Is foreclosing a loan good or bad for your credit score? Explained

Paying a loan before the full tenure is generally seen as a good sign by lenders

Is pre-closing personal loans a smart move? Know benefits & drawbacks

You save on interest costs, particularly if you make early repayments in the loan cycle when interest forms a large portion of the EMI

Govt mulling scheme to lure users to replace old AC with new 5-star models

Consumers may be able to turn in their old units and receive a certificate that can be redeemed while purchasing a new five-star AC, that can save up to ₹6,300 a year in electricity bills

Odisha hikes DA by 2% for govt staff; check recent raise in other states

Odisha government employees will receive the increased DA as cash benefit along with their April salary

Bollywood Singer Shaan, wife buy plot-plus-bungalow in Pune for Rs 10 cr

The plot spans approximately 0.4 hectares (4,787.92 sq. yd), while the built-up area of the bungalow is around 5,500 sq. ft.

Document drama galore: Top reasons PF claims get rejected-and how to fix it

Despite a clear process on paper, PF claimants often face delays, confusion, and technical snags that can stretch out the timeline for receiving their hard-earned savings.

South Delhi, luxe realty, 20%+ returns: Decoding GGF's investment strategy

Golden Growth Fund is bringing institutional strategy to India's most exclusive real estate markets with its boutique AIF.

HDFC Bank cuts saving account interest rate, now offers 2.75 per cent

For balances above Rs 50 lakh, the interest rate has been lowered to 3.25 per cent, down from 3.5 per cent