Page 26 - Personal Finance

Money changes in February: Impact on UPI, credit cards & other transactions

Key financial changes in February include updates to UPI, credit card terms, savings account rules, and more

Budget 2025: Spend some, use rest to retire debt and secure long-term goals

A few instruments, which offer tax deduction, remain relevant even for taxpayers in the new regime

Consumer protection: Hotel to face action over swimming pool death

The National Commission concluded that the absence of the attendant and the failure to attempt rescue and revive Neeraj constituted a breach of duty and negligence

Ulips post-Budget: Assess suitability, examine costs before investing

Investors prioritising liquidity and flexibility should stick to a term plan-MF combo

Budget 2025: Tax-free income limit under new regime rises to Rs 12 lakh

Old tax system remains unchanged

Budget 2025: Relief on 2 self-occupied properties, without riders

Annual limit of Rs 2.4 lakh for TDS on rent increased to Rs 6 lakh

Personal finance and Budget 2025: Key strategies for smart planning

Smart planning can help individuals maximise benefits and achieve long-term financial goals, say experts

Here's how income tax rate tweaks will boost middle class spending

India's economic growth is expected to slow to a four-year low this fiscal year due to weak demand, particularly in urban areas where the cost of living has soared

Understanding Budget documents: Identify changes relevant to your finances

The July 2024 Budget changed little for taxpayers, heightening expectations for relief this year

What is credit card swipe charge: How it impacts merchants and consumers

Consumers should be aware of how these charges shape product prices and payment options

Claiming health insurance from multiple companies: How to do that

Subscribing to multiple companies helps people whose single policy's sum insured is insufficient to cover the full cost of medical treatment

Feeling guilty about those French fries? Air fryers offer a healthy way out

Quickly catching on in Indian kitchens, the air fryer is a healthier option to typically oily and calorie-rich Indian foods

How two Indians tried to enter the UK with fake work visas and got caught

India has seen a sharp increase in immigration fraud, with dishonest agents exploiting those hoping to study, work, or settle abroad

UPI credit cards: Track spending as frequent small txn can strain budget

Security-related precautions for UPI-enabled credit cards are similar to those for standard UPI payments

HC pulls up I-T dept for software: Taxpayers can now claim 87A tax rebate

Bombay High Court finds Income Tax Department's restriction on rebate claims for certain income types to be unfair and arbitrary

Banking sector funds: Invest now to capitalise on credit growth pickup

The ideal time to invest in sector funds is during a downturn so that investors can capitalise on a turnaround in 1.5-2 years

Senior citizens expect tax relief and higher returns in Budget 2025

Speculation is rife that the government may raise exemption limit significantly, with some experts suggesting a new threshold of Rs 10 lakh to alleviate the tax burden on senior citizens

Taxpayers warned about fake GST summons: Here's how to check fraud

Fake summons copy GST department's logo and Document Identification Number to deceive and exploit people

Yellow metal: Maintain allocation; tariff battles may sustain bull run

"Central banks usually purchase about 400 tonnes of gold annually. However, in 2022 and 2023, they bought over 1,000 tonnes each year," says Vikram Dhawan

Budget 2025-26: Taxpayers expect greater exemption limit, simpler filing

Lightening the burden on the middle class will encourage them to spend more, say experts