Page 47 - Personal Finance

Indians get second shot at H-1B visa: USCIS announces 2025 lottery

USCIS has indicated that the second selection will happen "soon"

Sovereign Gold Bond 2016 to yield 12% annual return on maturity on August 5

Investors have earned an annual interest rate of 2.5% over the past 8 years on Sovereign Gold Bonds

Property buyers in Mumbai demand larger flats; registration up 16% in July

The Western and Central Suburbs of Mumbai continue to be the preferred choices for property buyers

IDFC FIRST Bank revises credit card payment terms: Check details

The changes are effective September 2024, as per the IDFC FIRST Bank website

Green card to citizenship: Indian-Americans can become citizens in 3 weeks

Becoming a US citizen comes with numerous advantages that extend beyond what Green Card holders enjoy

60 million file ITR for 2024 under new tax regime: What you need to know

India currently offers two personal income tax regimes: the old and the new. The old regime has higher tax rates but allows for numerous exemptions and deductions

ZET app's new secured credit card aims to boost CIBIL scores

Secured credit card comes against a FD of minimum Rs 5,000 ranging to Rs 25,000 with 90 per cent of the amount as the credit limit

Overlook recent outflows and invest in ELSS if you are in old tax regime

They remain attractive for investors having higher risk appetite and longer horizon

Essential guide for traders on F&O trading tax reporting

If you have both F&O gains and losses in a financial year, declaring the losses allows you to offset them against the gains, reducing the overall tax liability on F&O transactions

Don't let tax rate hikes disrupt wealth creation through equity funds

International, gold and silver funds and ETFs will be taxed more favourably from next year

Exit with indexation should be offered

When the government reintroduced taxation on listed equity in 2018, it took care to exempt capital gains accrued until the date of the 2018 budget

Visa-free countries for Indians: From Americas to Africa, here's the list

As of 2024, Indian passport holders have visa-free access to 58 destinations around the world

Only 38% Indians debt-free, 40% lack emergency fund: What a survey reveals

About 40% of affluents and HNIs in India lack a sufficient emergency fund, and 27% haven't planned their taxes effectively

How donations to crowdfunding campaigns can help reduce your tax burden

If you make any donation to qualified organisations, you become eligible for claiming the same as a deduction from taxable income

Pakistan to give visa on arrival to Sikhs, exempt visa fee from 126 nations

Pakistan has been grappling with a prolonged economic crisis, seeking financial assistance from friendly nations and global lenders

How to file 'belated' ITR: Benefits, limitations, and step-by-step guide

If tax dues are pending while filing a belated ITR, a penal interest of 1 per cent per month will be levied on the due amount

Life insurance premium; luxury pool villas: Top personal finance stories

This week's newsletter tells readers about the strategy they should follow as life insurance premiums rise and the best pool villas

Non-reporting of foreign moveable assets up to Rs 20 lakh decriminalised

Be cautious, taxman could still come after you for wilfully withholding information

ITR filing: How to correct errors in your ITR using discard ITR feature

The Discard ITR option acts as a delete option for income tax returns that have been filed but are waiting for verification

Goa, Thailand, Bali, Coorg: Top 10 destinations for August holidays in 2024

For those looking to stay within India, Goa is the top choice, followed by Lonavala in Maharashtra, Udaipur in Rajasthan, Wayanad in Kerala, and Coorg in Karnataka