Take the case of Ankit Jain, a 40-year-old NRI who works as a consultant in Germany. He paid ā¹86,641 for his policy but will receive a ā¹15,595 GST refund, thanks to sub-clause (iv) of Section 2(6) of the Integrated Goods and Services Tax (IGST) Act. It states that when an NRI buys an insurance policy…
New Delhi, May 1 (PTI) The RBI’s instructions on revised ATM usage cost have come into effect from Thursday under which banks can charge ā¹23 per cash withdrawal once a customer exhausts the free permissible limit in a month. Earlier, banks were allowed to charge up to ā¹21 per such transaction. Customers are eligible for…
It is not uncommon to examine the past returns of a scheme before you decide to invest in it. Typically, investors assess the historical returns of a mutual fund scheme across different time lines before deciding to invest in it. Here, we assess the past returns of Parag Parikh Flexi Cap Fund, which was launched…
Now that you’ve seen it, tell me doesnāt that sum up half the financial arguments you see online. You say mutual funds? Someone screams “stocks!” You say fixed deposits (FDs)? Someone else declares them useless. Apparently, on social media, picking one thing means trashing everything elseāand nuance has left the chat. Hereās the truth: very…
Stock market outlook: “Sell in May and go away” ā the old stock market adage is once again under the spotlight as the month of May kicks off. With the Indian stock market benchmark index Sensex posting a robust 9% gain over the past two months, investors are wondering: Does the saying still hold water…
Bank of Barodaās (BoB) premium Vikram credit card offers lifetime-free service and is designed exclusively for Indian defence personnel. The application for the credit card is an easy and streamlined digital application process. All eligible individuals can apply for and obtain the BoB premium Vikram credit card in five simple steps. Here are five steps…
IT major Tata Consultancy Services (TCS), on April 30, announced that it has fixed record date for the payment of final dividend of ā¹30 per share. (This is a developing story) Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We…
Tesla stock price declined more than 3% on Wednesday after a report that the companyās board had initiated a search for a potential successor to CEO Elon Musk. Tesla share price ended 3.38% lower at $282.16. In the extended hours, Tesla shares gained 0.13% According to a Wall Street Journal report citing people familiar with…
Gold prices in your city, May 1: Easing of global market pressures have somewhat cooled gold prices in India, but for investor seeking to secure their portfolios, the yellow metal has emerged as the favourite safe haven choice. In terms of returns over the past year, April 30 was Akshaya Tritiya, and rates for the…
The Indian stock market will remain closed today, on Thursday, 1 May 2025, in observance of Maharashtra Day. Also known as Maharashtra Divas, this day is a state holiday to commemorate the formation of the state of Maharashtra. The three major stock exchanges of the Indian stock market – Bombay Stock Exchange (BSE), National Stock…
