Page 217 - Personal Finance
New Zealand grants part-time work rights to migrant school leavers from Oct
This plan, first announced in July 2024 by Immigration Minister Erica Stanford and now confirmed, aims to provide much-needed support for young migrants who have been unable to work under the current
 "New Zealand grants part-time work rights to migrant school leavers from Oct")
Step-up SIP: How does it help investors in building wealth over the years
Method allows investors to increase their SIP by a fixed percentage every year
 "Step-up SIP: How does it help investors in building wealth over the years")
Monthly SIP of Rs 10k since 2021 grows to Rs 5.6 lakh for this Value Fund
A monthly SIP of Rs. 10,000 since inception, which totals to Rs 3,60,000, would have grown to Rs 5,62,088, delivering an XIRR of 31.23% as of 31st August 2024 as against BSE 500 TRI XIRR of 27.08%.
 "Monthly SIP of Rs 10k since 2021 grows to Rs 5.6 lakh for this Value Fund")
Visa or MasterCard? From tomorrow, you can choose your credit card network
The RBI issued a circular on March 6 prohibiting banks and non-bank card issuers from entering into exclusive agreements with card networks
 "Visa or MasterCard? From tomorrow, you can choose your credit card network")
South Africa to offer 90-day visa waiver for Indian tourists from Jan 2025
South Africa will introduce the Trusted Tour Operator Scheme (TTOS) to simplify the entry process for Indian and Chinese tourists
 "South Africa to offer 90-day visa waiver for Indian tourists from Jan 2025")
Star Health launches insurance policy in Braille: Check details
The new policy, 'Special Care Gold,' is specifically designed for individuals with 40 per cent or more disability
 "Star Health launches insurance policy in Braille: Check details")
OCI income tax depends on person's residency status under I-T Act
Now, let's explore what the OCI status means, the investments OCIs can make in India, and how they are taxed
 "OCI income tax depends on person's residency status under I-T Act")
Retirement mutual funds AMC jumps 256% to Rs 29,903 cr in 5 years
ICRA said the growing awareness has led to a surge in the number of folios, which has increased by 17.44 per cent in the last five years to 2.936 million in July 2024
 "Retirement mutual funds AMC jumps 256% to Rs 29,903 cr in 5 years")
73% Gen Z & millennials prefer off-peak travel, solo trips to Egypt: Report
From international sports events to cultural explorations, Gen Z and Millennials are more inclined to make travel a part of their everyday lives
 "73% Gen Z & millennials prefer off-peak travel, solo trips to Egypt: Report")
HSBC Mutual Fund unveils new export-themed equity scheme: Check details
HSBC India Export Opportunities Fund has the flexibility to invest in companies that are part of the exports theme across market capitalization - large cap, mid cap and small cap companies
 "HSBC Mutual Fund unveils new export-themed equity scheme: Check details")
88% of Indians anticipate financial uncertainty over next 5 years: Survey
73 per cent rely on recommendations from friends and family when choosing insurance investments, 68 per cent trust their intuition
 "88% of Indians anticipate financial uncertainty over next 5 years: Survey")
How to use new electronic system to resolve Income Tax disputes
e-DRS system enables taxpayers to electronically submit applications for dispute resolution to the Dispute Resolution Committees
 "How to use new electronic system to resolve Income Tax disputes")
Motilal Oswal launches India's first 500 Momentum 50 Index fund: Details
This open-ended index fund aims to capture the performance of high-momentum stocks within the Nifty 500 index
 "Motilal Oswal launches India's first 500 Momentum 50 Index fund: Details")
How scamsters tricked investors of Rs 25 cr through fake apps and stocks
The con began with scammers posting fake advertisements on social media platforms like Facebook, Instagram, and X (formerly Twitter)
 "How scamsters tricked investors of Rs 25 cr through fake apps and stocks")
Is Canada closing its doors to more foreigners? What data reveals
In July 2024, Canada turned away 5,853 foreign travellers, the highest monthly figure since January 2019
 "Is Canada closing its doors to more foreigners? What data reveals")
Marriott Bonvoy HDFC credit card offers 50% discount on dining, 25% on spas
o celebrate the first anniversary of the Marriott Bonvoy HDFC Bank Credit Card, Marriott Bonvoy is offering discounts on dining and spa treatments at over 100 participating hotels across India
 "Marriott Bonvoy HDFC credit card offers 50% discount on dining, 25% on spas")
Know how to transfer Sukanya Samriddhi accounts opened by grandparents
Accounts opened by grandparents (not legal guardians) must transfer guardianship to a legal guardian or 'natural parents'
 "Know how to transfer Sukanya Samriddhi accounts opened by grandparents")
Malaysia raises visa fees for foreign workers by 150%: Details here
Malaysia's fee hike will impact key visa categories like the Employment Pass, Professional Visit Pass, and Long-Term Social Visit Pass
 "Malaysia raises visa fees for foreign workers by 150%: Details here")
Ajay Devgn leases out his office in Mumbai's Andheri for Rs 7 lakh a month
Devgn's office is situated in Signature Tower, and is developed by Lotus Developers.
 "Ajay Devgn leases out his office in Mumbai's Andheri for Rs 7 lakh a month")
For the first time, IPL's enterprise value drops 11.7% to $9.9 billion
The failed merger between Zee and Sony has impacted market dynamics.
 "For the first time, IPL's enterprise value drops 11.7% to $9.9 billion")