[ad_1] Recently, Rattan Dhillon of Chandigarh, a State Bank of India (SBI) credit cardholder, brought to light an aggressive recovery message he had received from an SBI agent for a minor unpaid credit card balance on social media platform X. Dhillon called the agent’s conduct intolerable and urged the bank to extend an apology. Claims…
[ad_1] According to data released by the Association of Mutual Funds in India (AMFI) on February 12, equity mutual fund inflows experienced a marginal decline of 3.6% in January, totaling âš39,687.78 crore. Despite the slight decrease in monthly inflows, net investments into open-ended equity funds remained in the positive for the 47th consecutive month, indicating…
[ad_1] The popularity of passive investing among investors who seek low-cost automation solutions has surged through the use of index funds together with Exchange-Traded Funds (ETFs). Most investors choose passive funds since they provide broad market coverage at lower operating expense levels. Some investors miss crucial threats that exist in their investments. This article investigates…
[ad_1] In todayâs fast-paced, information-driven world, itâs easy to get obsessed with monitoring the performance of your mutual fund every single day. With apps and websites giving live updates, checking your investmentâs performance has never been easier. But is this constant scrutiny really benefiting you? The answer may surprise you. In fact, it might be…
[ad_1] For the majority of us, the promise of consistent profits and long-term financial progress motivates us to invest in mutual funds. One of the least discussed cons, however, is a seemingly simple investment option that may just be shaving off your profits unnoticed: mutual fund fees. In India, where mutual funds are often hailed…
[ad_1] In a recently shared post on Linkedin, Zerodha’s co-founder and the younger of the two Kamath brothers – Nikhil Kamath â wrote about Unified Lending Interface (ULI) and how lending as a phenomenon can play a key role in scripting the growth of individuals. While showering praises on ULI (Unified Lending Interface), Kamath said…
[ad_1] In FY 2023-24, the new tax regime became a default regime. This shift has led many taxpayers to wonder whether traditional tax-saving investments such as PPF (Public Provident Fund), NSC (National Savings Certificate), post office saving scheme and NPS (National Pension System) are still relevant for the purpose of investment. The tax-saving instruments, which…
[ad_1] If you somehow failed to file your income tax return (ITR) for any of the past two years, you can still file an updated income tax return. These two years are 2021-22 (AY 2022-23) and 2022-23 (AY 2023-24) for which taxpayers can still file their updated return before March 31, 2025, reveals the department’s website. Notably,…
[ad_1] The recently announced Budget 2024 has brought significant changes to the income tax regime, raising pertinent questions about which tax structureâold or newâwill be more advantageous for different categories of taxpayers. Finance Minister Nirmala Sitharaman’s revisions include adjustments to tax slabs and deductions, aimed at providing relief to various segments of taxpayers. Let’s delve…
