Page 55 - Personal Finance

Deadline to documents: What you must know about visa application process

The time a country takes to process a visa application depends on volume and seasonal demand

2 out of 5 Indians say savings key goal of financial planning: Report

People older than 30 likely to save almost 25% of their monthly income and those younger save only 10-15%

Deceased's tax dues: Heir's liability capped at value of inheritance

Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal consequences

Star Health deploys AI face tool to assist in health assessment

With the face scan feature, individuals can effortlessly track vital parameters such as blood pressure, pulse rate, heart rate, haemoglobin levels and stress levels

Reversion to mean: Why frequent switching of SIPs should be avoided

Long-term investors should never stop their SIPs during market corrections

EPFO discontinues Covid-19 advance facility: Check details of other options

A non-refundable advance was provided to the EPF members during the outbreak of the first wave of Covid-19 and another advance in the second wave

To avoid notice, align your tax return with TDS on freelance income

The income earned through moonlighting can be received as a salary, or as professional fees/business income

US July 2024 visa bulletin: Big leaps for Indians in Green Card category

The US Visa Bulletin lists priority dates, essentially placeholders in the green card application line

47% Indians faced financial fraud in 3 yrs; credit card, OTP scams top list

Over half of the respondents reported unauthorised charges on their credit cards by both domestic and international merchants

PM Modi to release 'PM Kisan' 17th instalment on June 18: Check details

PM-Kisan is a direct benefit transfer initiative under which beneficiary farmers receive an annual sum of Rs 6,000 in three equal instalments.

Mutual Fund SIP vs Lump Sum investment: Which is better investment option?

SIP is suitable for investors who prefer a disciplined and systematic approach to investing, while lump sum investment may be appropriate for those with a significant amount of money

Soon, Indians may travel to Russia visa-free: Here's what you need to know

Currently, Russia allows visa-free entry for citizens from China and Iran under its tourist exchange programme

Data to diversification: 7 things digital lenders must do to manage risks

Assessing is challenging for digital lenders as they have to rely on alternative data sources and algorithms to evaluate creditworthiness

Tax law requires you to report income, assets abroad: What you must do

Not reporting foreign assets and income may also result in penalty and even jail sentence

Father's Day 2024: 35% of health insurance for dads are bought by children

This Father's Day, consider gifting your dad a health insurance policy

Are adventure sports covered in travel insurance? Here's what you must know

Regular medical or travel insurance may not cover if you take up an adventure sport

Mutual funds or NPS? Go for both if you don't mind latter's lock-in

MFs offer investors access to a wider range of assets (gold and international funds), fund houses and fund managers. Barring ELSS, the open-ended funds offer anytime liquidity

PNB MetLife announces Rs 930 crore bonus; 582,000 customers to benefit

'This year's bonus represents a significant 21% increase from the previous year,' the company stated

Studying in Australia costs Rs 12-30 lakh/year: Key factors to consider

Planning your finances well is key to a stress-free studying experience in Australia

General Provident Fund interest rate announced for June quarter: Know more

General Provident Fund and other similar funds shall carry interest at the rate of 7.1% effective from April 1, 2024 to June 30, 2024