Page 144 - Personal Finance
Govt may raise deposit insurance beyond Rs 5 lakh amid bank scam concerns
After the New India Co-op Bank scam exposed a Rs ₹122 crore fraud, the govt is mulling over raising deposit insurance beyond Rs 5 lakh amid rising concerns over financial security
 "Govt may raise deposit insurance beyond Rs 5 lakh amid bank scam concerns")
UK study visas: Applications up 13% in January 2025, first rise in a year
The increase in student visa applications follows a period of decline triggered by policy changes introduced in January 2024
 "UK study visas: Applications up 13% in January 2025, first rise in a year")
Former cricketer Zaheer Khan, wife buy flat in Lower Parel for Rs 11 crore
The property acquired by the trio is located in Indiabulls Sky, developed by Equinox India Developments Limited.
 "Former cricketer Zaheer Khan, wife buy flat in Lower Parel for Rs 11 crore")
Sebi updates CAS timelines, extends PAN data deadline to 5 days
The regulator's new circular mandates AMCs and MF-RTAs to submit common PAN data to depositories within five days of month-end, instead of the previous three-day deadline
 "Sebi updates CAS timelines, extends PAN data deadline to 5 days")
Canada's new rules can cancel visas, work, study permits: Who's affected?
The updated Immigration and Refugee Protection Regulations came into effect on January 31, 2025
 "Canada's new rules can cancel visas, work, study permits: Who's affected?")
NPCI's new FASTag rules take effect from today: What should users do?
A FASTag that is hotlisted or on the exception list will have a maximum window of 70 minutes to resolve issues like low balance, KYC updates, or registration number mismatches
 "NPCI's new FASTag rules take effect from today: What should users do?")
US visa interview waiver cut from 48 months to 12 - impact decoded
Visa applicants now qualify for the dropbox process only if their visa expired within the past 12 months
 "US visa interview waiver cut from 48 months to 12 - impact decoded")
Australia to ban foreign investors from buying existing homes for two years
Under the government's plan, foreign investors - including temporary residents such as international students and foreign-owned companies - will not be allowed to purchase an established dwelling
 "Australia to ban foreign investors from buying existing homes for two years")
Sebi cracks down on REITs, InvITs with tougher financial disclosure rules
SEBI is tightening the rules around financial disclosures by REITs and InvITs to make sure that investors have access to clear, detailed, and up-to-date financial information
 "Sebi cracks down on REITs, InvITs with tougher financial disclosure rules")
Should you continue holding SIPs in mid, smallcap funds or stop them?
Those significantly overweight on these categories must book profits to rein in exposure. A lot depends on your horizon and risk appetite
 "Should you continue holding SIPs in mid, smallcap funds or stop them?")
Consumer protection: Flat sale to third party illegal if agreement valid
The State Commission found that termination of the agreement through a lawyer's notice was illegal; a registered agreement can only be annulled through another registered document
 "Consumer protection: Flat sale to third party illegal if agreement valid")
Purchasing term insurance: Choose a policy that balances coverage and price
CSR represents the percentage of claims settled by an insurer within a financial year
 "Purchasing term insurance: Choose a policy that balances coverage and price")
12,000 H-1B visas: JPMorgan, Goldman among top US financial firms filing
The H-1B visa programme allows US companies to hire foreign workers in specialised fields, particularly in technology and finance
 "12,000 H-1B visas: JPMorgan, Goldman among top US financial firms filing")
TDS to capital gains tax: What impact new tax Bill will have on NRIs
NRIs who earn Rs 15 lakh or more annually in India will be classified as residents for tax purposes
 "TDS to capital gains tax: What impact new tax Bill will have on NRIs")
New Zealand golden visa: Why Indian investors are better off in Dubai
Despite changes, it remains unclear whether Indian investors will be interested in the revamped New Zealand investor scheme
 "New Zealand golden visa: Why Indian investors are better off in Dubai")
US tightens visa rules for tourists, businesses - longer waits ahead
The US has rolled back a Covid-era relaxation that allowed travellers to renew their visas without an interview if their previous same-class visa had expired within the last 48 months
DSP MF launches Nifty Private Bank Index Fund, will track 4 pvt lenders
DSP Nifty Private Bank Index Fund presents tax-efficient way to access private banking sector without investing directly in such stocks, says company
 "DSP MF launches Nifty Private Bank Index Fund, will track 4 pvt lenders")
MBBS student loses Rs 44 lakh in crypto scam: Tips to protect yourself
Schemes promising high returns quickly are a red flag and must be avoided, according to experts
 "MBBS student loses Rs 44 lakh in crypto scam: Tips to protect yourself")
Linking your credit card with UPI: Convenience or a debt trap?
Experts call for responsible credit card usage as it involves borrowed money and associated interest charges if not paid within the billing cycle
 "Linking your credit card with UPI: Convenience or a debt trap?")
Will take back all illegal Indian immigrants from US: Modi promises Trump
Those who stay in other countries illegally do not have any legal right to be there, Modi said in a press conference in the US
 "Will take back all illegal Indian immigrants from US: Modi promises Trump")