Personal Finance

EPFO set to introduce self-attestation facility for completing KYC

KYC is a one-time process that helps in the identity verification of subscribers by linking the universal account number (UAN) with KYC details

Aggressive hybrid funds: Cope with mkt volatility, benefit from rate cuts

If interest rates decline, the bond component of these portfolios could generate capital gains. Conversely, rising interest rates may cause short-term losses

Investors must tilt portfolio towards quality amid market volatility

Mutual fund investors should maintain a diversified portfolio and continue with their SIPs

Kerala GST taxpayers get relief from multiple show-cause notices

Taxpayers who have been issued multiple notices for the same GST issue, albeit for different periods or jurisdictions, stand to benefit the most from this move

Apple's charity program: How 50 employees, including Indians, misused it

The Apple Matching Gifts Programme encourages charitable giving by matching employees' donations or volunteer hours with equivalent contributions from Apple

Fund review: Mirae Asset Large & Midcap Fund

Fund review: Mirae Asset Large & Midcap Fund

High penalties for cash transactions: Know I-T dept's key restrictions

The brochure advises taxpayers to refrain from using cash for daily transactions, particularly those involving significant amounts

How to create a roadmap for funding your child's higher education

Begin with a 100 per cent equity portfolio, which you can reduce gradually as the goal approaches

Buying Term Insurance? Here are the best plans for you to consider

Term insurance is a must for young professionals who are looking to provide a cushion for their dependants

59 luxury homes over Rs 40 cr sold in 2024, 16 in Mumbai over Rs 100 crore

Mumbai dominated with 52 ultra-luxury residential deals in 2024, comprising an 88% share of total deals. Delhi-NCR recorded 3 deals for two ultra-luxury homes in Gurugram and one in Delhi.

Italy's biometric rule to increase Schengen visa travel costs for Indians

The fingerprinting process, already a requirement for short-term visas, is now extended to cover long-term visas

Drive home your dream car: Find hidden deals & best loan rates by banks

Processing fees and rules of top lenders listed to help you make a decision

HDFC Bank hikes fixed deposit rates to 7.9% from 7.75%

The bank offers fixed deposits (FDs) with tenures ranging from 7 days to 10 years, featuring annual interest rates between 3 per cent and 7.90 per cent

Coolcations to 'Silver bullet' wellness: Key luxury travel trends for 2025

The rise in soaring temperatures in certain parts of the world has given birth to the concept of 'coolcations', where travelers head to cooler locations to seek refuge from the intense heat.

Top FD rates in January, 2025: 10 banks offering 8% or more interest

Among the options, Unity Small Finance Bank and North East Small Finance Bank provide the highest rates, offering up to 9% for select tenures

Singapore leads in 2025's most powerful passports; India drops to 85th

India emerged as 85th on the list, which means Indian passport holders can travel visa free to 57 nations of the world.

Wealth migration: Why 142,000 millionaires are likely to relocate in 2025

In 2024, 134,000 high-net-worth individuals relocated and established new domiciles worldwide, driven by robust inflows to the UAE, USA, and Italy

Borrowers with microfinance, retail overlap have higher delinquency: CRIF

The report highlighted that borrowers with an overlap of microfinance and retail loans exhibited higher delinquency rates compared to those with only microfinance loans.

Managing multiple loans: Lower interest cost via debt consolidation

Borrowers with multiple loans-such as credit card, personal, and home loan-can pool them into one large loan with a lower interest rate

Budget 2025: Why MF industry's top wish is tax relief for debt funds

The industry seeks a 12.5 tax rate on long-term capital gains (LTCG) for redeeming debt mutual fund units held over a year, aligning it with the rate applicable to listed bonds