Page 26 - Personal Finance
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
 "Sweden cuts EU Blue Card processing time to 30 days for skilled workers")
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
 "Possible H-1B visa restrictions under Trump: A win-lose situation for India")
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
 "US December 2024 visa bulletin: Small gains for Indians in EB-2, EB-3")
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
 "Canada hikes temp worker wages by 20%: Know latest rates across provinces")
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
 "Kolkata's US visa wait hits 500 days: What Indian travellers need to know")
Non-disclosure of foreign property invites Rs 10 lakh penalty per year
Rental income from a foreign property is taxed under the head "Income from House Property". This income must be declared in the Foreign Source Income schedule of the ITR
 "Non-disclosure of foreign property invites Rs 10 lakh penalty per year")
Investment opportunities in India's booming wedding market
Interestingly, the industry also offers investment opportunities. And like the marriage, experts advice long-term vow
 "Investment opportunities in India's booming wedding market")
Why should you check if your EPF interest is credited on a regular basis
Recent tax rules state that interest on contributions exceeding Rs 2.5 lakh per year is taxable, so keeping an eye on credited interest helps you plan your tax liabilities and ensure accurate filings
 "Why should you check if your EPF interest is credited on a regular basis")
Trump win impact: Will H-1B workers, STEM grads get green cards faster?
Since Trump's recent election win, experts have debated his approach to immigration
 "Trump win impact: Will H-1B workers, STEM grads get green cards faster?")
Credit card rewards, benefits cut: What options do customers have?
RBI has established guidelines for banks issuing credit cards, to protect customers when terms change
 "Credit card rewards, benefits cut: What options do customers have?")
Canada ends fast-track visa scheme: What Indian students must do now
India holds the top spot for international students in Canada, with an estimated 4,27,000 Indian students currently enrolled in Canadian institutions
 "Canada ends fast-track visa scheme: What Indian students must do now")
Improve score, opt for secured credit card to tackle squeeze in issuances
If you are finding it hard to get a personal loan, try to get a collateral-based one
 "Improve score, opt for secured credit card to tackle squeeze in issuances")
With benchmarks becoming harder to beat, avoid very high-cost funds
Portfolio construction begins with asset allocation, which depends on risk appetite and investment horizon
 "With benchmarks becoming harder to beat, avoid very high-cost funds")
HDFC Bank hikes lending rates by up to 5 bps: What this means for borrowers
The rate adjustment raises the overnight and one-month tenures by 5 basis points each, with a similar 5 bps increase for the three-year tenure
 "HDFC Bank hikes lending rates by up to 5 bps: What this means for borrowers")
Axis MF announces new Target Maturity Fund , says offer has moderate risk
Fund plans to invest 95-100% of its assets in fixed-income instruments that mirror the CRISIL-IBX AAA Financial Services - Sep 2027 Index
 "Axis MF announces new Target Maturity Fund , says offer has moderate risk")
FD rates for senior citizens in November: 13 banks offer 8.5%+ interest
Private and small finance banks in India are currently offering FDs with rates over 8.5% for specific tenures
 "FD rates for senior citizens in November: 13 banks offer 8.5%+ interest")
Canada ends automatic 10-year tourist visas, tightens rules for entry
The visa policy update is part of Canada's broader approach to balancing immigration and public concerns
 "Canada ends automatic 10-year tourist visas, tightens rules for entry")
Digital Life Certificate Campaign 3.0:How to get Jeevan Pramaan via face ID
Pensioners who are unable to access the digital platform can choose the traditional way to submit their documents
 "Digital Life Certificate Campaign 3.0:How to get Jeevan Pramaan via face ID")
YES Bank, ICICI update credit card rewards: More spending, fewer benefits
From December 1, YES Bank will cap YES Rewardz points on flights and hotel bookings. ICICI Bank will raise lounge access spend requirements from November 15
 "YES Bank, ICICI update credit card rewards: More spending, fewer benefits")
BS BFSI Summit: SBI's Nitin Chugh backs 'happy friction' to reduce fraud
SBI's Nitin Chugh introduces the concept of 'happy friction' - a system of checks and balances to protect vulnerable accounts and reduce cybercrime
 "BS BFSI Summit: SBI's Nitin Chugh backs 'happy friction' to reduce fraud")