Page 359 - Personal Finance

Flood losses pegged at Rs 15,000 cr, but only 8% covered by insurance

In Himachal Pradesh, roads, transformers, electric substations, and water supply schemes have suffered damage. An initial estimate suggests the loss could range between Rs 3,000 cr and 4,000 cr

Deposit growth hits 6-yr high on Rs 2000 note withdrawal, higher FD rates

In absolute terms, bank deposits have increased by Rs 22 trillion in the trailing twelve-month period

What is form 26AS and AIS? Which is more important in filing tax returns?

While they serve different purposes, understanding their differences and significance is crucial for accurate tax compliance.

Salary, fee or business gains? Type of moonlighting income decides taxation

The taxman, unlike your employer, knows about your moonlighting income via TDS, so disclose it accurately

India's average monthly salary in urban India is Rs 21,647

The monthly average income of a salaried person in urban India has grown only 7.5 per cent from Rs20,030 in the second quarter of fiscal 2022 to Rs 21,647 in the first quarter of fiscal 2023

How HDFC-HDFC Bank merger impacts shareholders and mutual fund investors

Every HDFC shareholder has got 42 shares of HDFC Bank for every 25 shares they hold.

Explained: How consultants and freelancers can file their ITR

There are less than two weeks for filing your income tax returns. If somebody is working as a consultant or a freelancer, then the process of ITR applied is different

Go by firm's equity track performance when selecting multi-cap fund

These funds can capture growth across market caps; and even if one segment underperforms, damage to them is limited

Why individual investors' share in mutual funds assets is surging

Nearly six rupees out of every ten in individual MF investments are in equity schemes

Filing ITR for crypto gains: Here's your guide on taxation for VDAs

All cryptocurrency purchases, sales, and transactions are subject to a 30% capital gains tax on profits, with no provisions for reduced rates or deductions under Section 115BBH.

Is the Bajaj Allianz term insurance plan for diabetics worth it?

Bajaj Alliance Diabetic Plan not only provides life cover for diabetics but also weaves in a health regimen that can have long term benefits for diabetics. That is what makes the policy special.

Easy hacks: 47% Indians willing to alter travel plans for bargain deals

Over half of Indians (55%) are planning purpose-related travel in India to engage in activities such as scuba diving, golf, yoga, or wellness retreats.

Account Aggregator to Digilocker: Apps that help in managing financial life

These government-backed services make sharing and access of important documents easy

Pair base insurance policy with super top-up to limit premium cost

Opt for insurers with lenient no-claims bonus policies to tackle need to hike sum insured periodically

A snapshot of fixed deposit rates offered by various companies

A snapshot of fixed deposit rates offered by various companies

A snapshot of personal loans offered by various banks with details

A snapshot of personal loans offered by various banks with details

Housing.com partners with FinBox to offer instant loans up to Rs 10 lakh

Once the application is approved, applicants receive instant loan offers, with funds typically disbursed within 24 hours

Missed Aadhar-PAN link deadline? Here are transactions you can still do

Even if your PAN card is no longer operative, there are certain financial transactions that can still be completed. These transactions, however, will result in a higher TDS and TCS

Choose luxury flooring that will lift up your home's aesthetics

The material you use should match the decor of your spaces and it should be easy to maintain

$590 bn rally since March faces earning reports, retail pull back tests

Key gauges in India hit records in July on bets that Asia's third-biggest economy will stage a strong recovery even with elevated policy rates