Page 187 - Personal Finance

UTI MF launches two new Index Funds: Alpha Low-Volatility 30 and Midcap 150

The NFO starts on 11th November 2024 and closes on 25th November 2024. The schemes will be managed by Sharwan Kumar Goyal and Ayush Jain

EPF, EPS contribution limit may be hiked: Impact on salary explained

A higher wage ceiling will influence both the benefits and deductions within your salary structure

RBI: Customers can submit online self-declaration for Re-KYC if no changes

Banks are advised to enable self-declaration for customers via non-face-to-face channels like registered email, mobile, ATMs, online/mobile banking, and letters, removing the need to visit branches

Sweden cuts EU Blue Card processing time to 30 days for skilled workers

Under the new rules, the processing time for the EU Blue Card has been cut from 90 days to just 30 days for highly qualified applicants

Possible H-1B visa restrictions under Trump: A win-lose situation for India

The H-1B visa programme enables US employers to bring in skilled foreign professionals for specialised roles that require particular qualifications

How do the rich grow their wealth? Survey reveals strategies used by HNIs

. Over 40 per cent of wealthy women are between the ages of 51 and 60, with many favouring lower-risk, stable investment products.

Index Funds are the go-to choice for India's young investors, shows survey

Sectoral indices remain a top choice among Index funds, with a marked preference for Indian sectoral indices over commodities and smart beta funds among younger and middle-aged investors, said the sur

Emerging tech to create 2.7 mn new AI jobs in India, retail to lead: report

The research shows that the retail sector is set to lead employment growth, requiring an additional 6.96 million workers to fuel its expansion

Samco MF launches tax-efficient arbitrage fund for high-tax slab investors

The scheme aims to invest in arbitrage opportunities between spot and futures prices of traded equities and within derivatives. If none are available, the Fund Manager may invest in debt and money mar

How Gen Zs, millennials are funding dream weddings for social media 'likes'

Gen Z and millennials are reshaping the wedding industry, financing unique, lavish ceremonies through personal loans to capture social media-worthy moments and avoid family financial burden

US December 2024 visa bulletin: Small gains for Indians in EB-2, EB-3

The US December 2024 Visa Bulletin shows minor advances in the EB-2 and EB-3 categories for Indian applicants, while family-sponsored visa categories remain unchanged across all regions

Why mutual fund inflows aren't enough to counter Indian market volatility

The accelerating pace of equity supply is the key reason domestic equity markets are again developing a vulnerability to the volatility in foreign flows.

Arbitrage funds: Tax-friendly debt alternative, but expect minor dips

Arbitrage funds capitalise on price differences between the spot and futures markets

Canada hikes temp worker wages by 20%: Know latest rates across provinces

The LMIA, a necessary step for employers hiring foreign talent, uses wage thresholds to classify jobs into high-wage and low-wage streams

Kolkata's US visa wait hits 500 days: What Indian travellers need to know

To manage the rising demand for US travel, the United States will be adding one million visa appointment slots in 2025

ICICI Prudential Multi-Asset Fund turns Rs 10 lakh into Rs 7.5 cr in 22 yrs

The investment strategy spreads its money throughout several asset classes and market capitalizations in an effort to produce returns over a longer period of time. It allocates at least 10% of its ass

Shahid Kapoor leases out luxury flat in Worli for over Rs 20 lakh a month

Shahid and his wife, Mira Kapoor, had jointly purchased the property in May 2024 for Rs 58.6 crore.

UAE family visa: Costs, minimum salary, and application process explained

If you've moved to the UAE for a job or to start a business and want to bring your family over, here's what you need to know

India leads global IPOs, raising $4.3 bn in Q3 2024: Tax impact decoded

Tax implications on IPO gains depend on holding periods, with short-term gains taxed at 20% and long-term gains exceeding Rs 1.25 lakh taxed at 12.5%.

New trading options for investors: UPI block mechanism and 3-in-1 accounts

The UPI-based block mechanism ensures that funds are only committed when necessary, reducing the need for upfront payments and the associated risk of idle funds.