Page 133 - Personal Finance

Gifting dollars to NRI kids? RBI's 180-day rule could trip wealthy Indians

If an NRI wishes to gift offshore funds, the funds must first be brought back to India and then remitted abroad. Non-compliance with this requirement can lead to penalties and legal complications.

Discounts and deals for Akshaya Tritiya: Gold, homes, scooters, travel

Real estate, ecommerce, travel companies woo customers on auspicious festival

Bank holidays in May 2025: 12-day state-wise schedule and key dates

In May 2025, banks are scheduled to remain shut for 12 days due to state-wise regional and national holidays. Check complete list here

Only 39% of equity funds beat benchmarks in March: Large Caps lead the pack

Large Cap Funds was the best performing category where 71.88% of the schemes outperformed the benchmark.

Should you rent or buy a home in 2025? New study breaks it down city-wise

Buying a home could be a smart wealth-building move if you plan to stay in cities like Bengaluru, Hyderabad, or Pune for at least 4-8 years.

Coping with rising rentals: Research areas, opt for longer leases

A recent Reuters poll of housing experts also indicated that both house prices and rentals are likely to outpace consumer inflation this year

Form 16: Why is it crucial, its structure & checklist as ITR filing begins

Form 16 is a key document for salaried individuals, summarising income and TDS, simplifying ITR filing, and serving as proof for loans, refunds, and visa applications.

Need to break your fixed deposit early? Here's how to slash penalty costs

Learn how to minimize penalties on premature FD withdrawals by choosing the right bank and smart structuring strategies like laddering, sweep-in, and loans against FDs.

Vicky Kaushal to pay Rs 6.2 cr for 3-year lease renewal on Juhu apartment

Vicky Kaushal has renewed his lease for an apartment located in Mumbai's prestigious Juhu locality, for a monthly rent starting at Rs. 17.01 lakh

EPFO's new update makes PF transfer faster and smoother, revamps Form 13

The move aims to streamline PF transfers, eliminate delays by allowing instant credit once the source office approves. The update also simplifies tax calculations and introduces bulk UAN issuance, ben

Turning Rs 50 lakh into Rs 2 cr: 10-yr growth of equity, gold, real estate

Here is how Equity, Gold, and Real Estate performed over 10 years

Missed your NPS contribution? Unfreeze your account with these steps

Missed a contribution to your NPS account? Learn how to unfreeze it by making the required payment and get back on track with your retirement savings.

Gold up 200% since 2019: How buyers are going light this Akshaya Tritiya

Gold has delivered over 30% returns since May 2024, with prices nearing Rs 1 lakh per 10 grams ahead of Akshaya Tritiya 2025

Let asset allocation, not price direction guess, guide decision on gold

As gold scales Rs 1 lakh peak, investors are wondering whether to sell now and book profits or wait to see how the tariff wars play out. Here's a handy explainer on the best way forward

EPFO eases PF transfer on job change, removes employer's approval

This revamped functionality also provides the bifurcation of taxable and non-taxable components of PF accumulations to facilitate accurate calculation of TDS on taxable PF interest

Optimise credit card rewards by picking high-value redemption option

"They swipe the same card for every transaction, regardless of whether it offers optimal rewards for that category," says Adhil Shetty, chief executive officer (CEO), Bankbazaar.com

Akshaya Tritiya 2025: PhonePe & Paytm roll out gold deals & rewards

PhonePe and Paytm are celebrating Akshaya Tritiya 2025 with special digital gold offers. From cashback and discounts on PhonePe to Paytm's 'Golden Rush' rewards, users can invest in gold with ease.

1% TCS on luxury goods: FAQs, items covered under it & what experts say

'It could be counterproductive. PAN details were already required for purchases above Rs 2 lakh. TCS may discourage consumers, hurt GST collections from formal retailers, while benefiting grey market'

Shriram Finance cuts FD rates after RBI move; experts urge early lock-in

Highest yield now at 9.93%. Experts suggest locking in current rates as banks and NBFCs move towards lowering deposit returns

MHADA lowers rates for extra area, allots permanent homes to tenants

Sanjeev Jaiswal, IAS, announced major relief measures including ground floor eligibility, premium adjustment, and accelerated allotments under MHADA's 100-Day Action Plan