Page 134 - Personal Finance
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.
 "Akshaya Tritiya 2025: PhonePe & Paytm roll out gold deals & rewards")
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'
 "1% TCS on luxury goods: FAQs, items covered under it & what experts say")
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
 "Shriram Finance cuts FD rates after RBI move; experts urge early lock-in")
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
 "MHADA lowers rates for extra area, allots permanent homes to tenants")
Canara Bank cuts lending rates, making loans cheaper for customers
Canara Bank has reduced its Repo Linked Lending Rate by 25 basis points; home loans start at 7.90% and vehicle loans 8.20%
 "Canara Bank cuts lending rates, making loans cheaper for customers")
LIC eases claims process for families of Pahalgam terror attack victims
Insurer will accept any evidence from government records confirming death of a policyholder in attack
 "LIC eases claims process for families of Pahalgam terror attack victims")
No OCI? PFRDA says close your NPS Account after renouncing citizenship
New rule will ensure compliance with foreign exchange rules and updated eligibility norms, says pension manager
 "No OCI? PFRDA says close your NPS Account after renouncing citizenship")
Explained: Can you break your SCSS deposit early, and what would it cost?
After the two-year mark, the penalty for early withdrawal remains at 1%.
 "Explained: Can you break your SCSS deposit early, and what would it cost?")
Settle a Sebi case? You can't claim it as a business expense anymore
The Income Tax Department has ruled that businesses can no longer claim tax deductions for settlements or penalties paid under four key laws, including the SEBI and Competition Acts.
 "Settle a Sebi case? You can't claim it as a business expense anymore")
Manoj Bajpayee, wife lease office space in Mumbai's Andheri for Rs 11 lakh
This is a commercial lease agreement for a 5-year period where the tenant (Barcode Influencer Marketing) will occupy two office units. They will begin paying Rs 10.94 lakh/month.
 "Manoj Bajpayee, wife lease office space in Mumbai's Andheri for Rs 11 lakh")
Manufacturing funds: Bet on potential gains from global trade shifts
There are 12 actively managed manufacturing funds, which have total assets under management (AUM) of ₹32,999 crore. Four passive funds also exist; they together have an AUM of ₹473 crore
 "Manufacturing funds: Bet on potential gains from global trade shifts")
Fund review: Kotak Small Cap Fund
Fund review: Kotak Small Cap Fund
 "Fund review: Kotak Small Cap Fund")
Motilal Oswal launches equity fund tracking India's infrastructure growth
Scheme will invest in roads, railways, energy and other projects, provide investors 'long-term value'
 "Motilal Oswal launches equity fund tracking India's infrastructure growth")
Kotak Bank, Axis cut fixed deposit rates again, offer up to 7.65 % interest
Lenders updating schemes after Reserve Bank of India cut repo rate to 6% earlier this month
 "Kotak Bank, Axis cut fixed deposit rates again, offer up to 7.65 % interest")
At 98%, Greater Noida sees highest avg price rise in NCR in last 5 years
At 92%, Noida records second-highest avg. price rise; Gurugram sees 84% jump in the period
 "At 98%, Greater Noida sees highest avg price rise in NCR in last 5 years")
RBI allows SGB redemption for 2017, 2018 series as gold tops Rs 1 lakh
The series have completed the mandatory five-year lock-in period and investors are allowed early exit
 "RBI allows SGB redemption for 2017, 2018 series as gold tops Rs 1 lakh")
Watches, art, bags, sportswear over Rs 10 lakh? Say hello to 1% TCS
If you're planning a big-ticket luxury buy, check if it falls under the new TCS list. Keep the invoice, PAN details, and TCS certificate handy for smooth tax filing.
 "Watches, art, bags, sportswear over Rs 10 lakh? Say hello to 1% TCS")
After 7-yr delay, Max Estates takes over and revives Delhi One in Noida
Relief to homebuyers as Max Estates takes over 'Boulevard Projects Private Limited (BPPL)' to revive Delhi One project in Noida, after 7 long years of wait.
 "After 7-yr delay, Max Estates takes over and revives Delhi One in Noida")
Rs 290 cr deal: Godrej family buys 4 flats on Carmichael Road in Mumbai
The four luxury apartments are in the Godrej Carmichael project on Carmichael Road, Mumbai, and have been purchased at a record price of Rs 1.78 lakh per square foot.
 "Rs 290 cr deal: Godrej family buys 4 flats on Carmichael Road in Mumbai")
Buying forex: Compare exchange price offered by seller with interbank rate
One way to assess how much you paid is to compare the amount sent with the amount received
 "Buying forex: Compare exchange price offered by seller with interbank rate")