If you are all set to borrow a personal loan, then the first and foremost thing that you need to do is to zero in on a bank to borrow the money from. Amid a flurry of borrowing options to go around, one can opt for an NBFC (non banking financial corporation) or a fintech…
Do you have a grown-up daughter or a son who is studying in a different city and managing her own expenses? If she is not an earning member of your family, then the chances are that she is not eligible to apply for a credit card. And of course, you would not risk handing over…
The move comes amid a recent World Bank report which said women faced a sharp drop in their labour force participation post-marriage in India. Image for representation | Photo Credit: Getty Images The Centre will soon bring out a national policy document on female labour force participation with a focus on providing an enabling atmosphere…
When an NRI becomes a resident, can the foreign currency non-resident account FD be freely repatriated without coming under the ambit of the liberalised remittance scheme (LRS)? – Name withheld on request. When an NRI becomes a resident under FEMA, the FCNR (B) deposit held in India would be recharacterized as a resident account, and…
Photo used for representation purpose only. Growth in Gross Goods and Services Tax (GST) revenues slowed to 8.5% in November from 8.9% in October, with the indirect tax receipts easing to a little over ₹1.82 lakh crore from ₹1.87 lakh crore in the previous month. However, net GST revenues, after factoring in refunds to…
Have you just stopped using a credit card? If yes, should you close the card altogether? Well, this is not as simple as it sounds. Closing a credit card that you are not currently using is a decision that calls for consideration of several benefits and drawbacks. But before you take a decision, be mindful…
The techie, whose third visit to his favourite destination was for his honeymoon in November last year, sayshe prefers Vietnam over Goa for two reasons: it is more tourist-friendly and costs nearly the same. “You basically get to experience a new country at the cost of domestic holidays, which feels amazing,” Harsh told Mint. As…
Prior to investing in a mutual fund scheme, it is worthwhile to examine the paste returns of that scheme in relation to other schemes in the same category. Although past returns do not a scheme’s future returns, these are still important for understanding the future investment potential of a scheme. Other factors which investors are…
A number of key decisions were taken in the 236th meeting of Central Board of Trustees (CBT), EPFO on Saturday. These changes relate to paying a higher interest to subscribers, Investment in InvITs and REIT, and redemption Policy for ETF investments. The meeting was headed by Mansukh Mandaviya, Union Minister for Labour & Employment and…
Representational image only. File | Photo Credit: Special arrangement Foreign investors pulled out ₹21,612 crore ($2.56 billion) from the Indian equity market in November, mainly owing to the rising U.S. bond yields, strengthening dollar and expectation of a slowdown in the domestic economy. While the sell-off continues, the quantum of net outflow significantly reduced compared…
