Page 315 - Personal Finance
In charts: Out of 472 mutual fund managers in India, only 42 are women
While there has been a steady increase in the number of fund managers as compared with the 428 seen last year, the number of women fund managers has been static.
 "In charts: Out of 472 mutual fund managers in India, only 42 are women")
Explained: You can choose your own credit card network from 6 September
The Reserve Bank of India on Wednesday issued guidelines aimed at simplifying the process for customers to select credit cards.
 "Explained: You can choose your own credit card network from 6 September")
PNB ties up with EaseMyTrip to launch travel credit card: Key features
With a joining fee of Rs 2,000, this card offers many benefits like free lounge access, cashback, and discounts on EaseMyTrip bookings. Recently, AU Bank also introduced the ixigo AU Bank Credit Card
Starting an FD? Here are the top rates offered by private and public banks
Navigating fixed deposit options: A comprehensive guide to top rates across different banks
 "Starting an FD? Here are the top rates offered by private and public banks")
FD or SCSS? Best low-risk investment options for senior citizens
Some of the popular investment options are fixed deposits and recurring deposits. These are one of the most common types of investment for retired individuals.
 "FD or SCSS? Best low-risk investment options for senior citizens")
Work-life balance, home ownership, travel among top goals for women: survey
The study revealed that providing financial security for family is the top life goal, with 71 per cent women prioritizing it.
 "Work-life balance, home ownership, travel among top goals for women: survey")
Salaried but have sizeable other incomes? You have to pay advance tax
NRIs with income in India above Rs 10,000, post-TDS and tax treaty adjustments, must pay too
 "Salaried but have sizeable other incomes? You have to pay advance tax")
Planning to take a home loan? Here are the cheapest rates available
Comparing Home Loan Rates: A comprehensive guide to current offers from public sector banks, private sector banks, and housing finance companies
 "Planning to take a home loan? Here are the cheapest rates available")
Over two-third of small-caps have become multi-baggers in the last 4 years
Multi-Bagger stocks mean the stocks that provide returns that are several times the amount invested in them.
 "Over two-third of small-caps have become multi-baggers in the last 4 years")
How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens
For senior citizens in India, a combination of SCSS, PMVVY, POMIS, FDs, and carefully selected mutual funds can form a robust investment strategy.
 "How should a 60-yr old invest Rs 30 lakh? Ideal options for senior citizens")
80% of all term deposits are in Rs 15 lakh-1 cr ticket size with 1-3-yr duration
Deposit mobilization by banks continued to remain skewed in the 1-3-year bucket and it continues to rise consistently.
 "80% of all term deposits are in Rs 15 lakh-1 cr ticket size with 1-3-yr duration")
Exit small, midcap funds if risk appetite low and time horizon short
Those having considerable amounts of both should rebalance and stay put
 "Exit small, midcap funds if risk appetite low and time horizon short")
I-T dept asks taxpayers to file updated ITRs for AY 2021-22 by March 31
In cases where ITRs for A.Y. 2021-22 have not been filed and the department is in possession of information of specified high value financial transactions, the same also needs to be examined
 "I-T dept asks taxpayers to file updated ITRs for AY 2021-22 by March 31")
Bigger the FD, higher the return: Should you lock funds in non-callable FDs?
These FDs do not allow you to withdraw your deposit before the maturity date, which is not the case for callable FDs unless a court order is issued in the event of death or bankruptcy.
 "Bigger the FD, higher the return: Should you lock funds in non-callable FDs?")
FD for senior citizens: Here are the best rates, but should you invest?
Small Finance Banks offer the highest interest rates to senior citizens on fixed deposits
You can now get cashless insurance for inpatient mental health care
Sukoon Health has collaborated with five insurers to offer cashless coverage for mental health treatments, enhancing accessibility and affordability in India
 "You can now get cashless insurance for inpatient mental health care")
Rs 2 lakh as deduction: How to maximise tax saving with National Pension Scheme
The NPS is used not only to build a sizable retirement kitty but also to reduce your taxable income by an additional Rs 50,000.
 "Rs 2 lakh as deduction: How to maximise tax saving with National Pension Scheme")
73% will stop using UPI if transaction fee is charged, reveals survey
Some platforms or merchants are levying a convenience or transaction fee for UPI transactions
 "73% will stop using UPI if transaction fee is charged, reveals survey")
Make your retirement portfolio last longer, withdraw funds conservatively
A recent study suggests a withdrawal rate of 3-3.5%, but financial advisors suggest erring on the side of caution
Narrative is changing about senior care industry: Tara Singh Vachani
Executive chairperson of Antara Senior Care says 'service delivery' has to be the cornerstone of senior care industry
 "Narrative is changing about senior care industry: Tara Singh Vachani")