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5 types of income to remember while filling ITR - (A)

There is little less than a day and a half left before the deadline for submitting the Income Tax return (ITR). The deadline, July 31, is fast approaching. Meet this deadline if you don’t want to pay late fees, default interest on taxes owed, and lose other benefits of filing the ITR before the due …

Five key financial issues that need your attention - (A)

Whether you’re on time deposits, have a home loan, or are a taxpayer, there are several big changes coming in August that will affect your piggy bank. Aggressive RBI Monetary Policy Announcement For the month of June, India’s headline retail inflation rate, as measured by the Consumer Price Index (CPI), was 7.1%. This brings average …

How Educational Inflation can harm your child's future - (A)

What is the first thing that comes to mind when inflation rises? Fruit and vegetable prices? Maybe fuel costs too. While discussions about the cost of lemons, tomatoes, and potatoes have been all the rage, there are other areas where inflation has consistently affected over time. The cost of education is one of those areas …

New limits for international mutual funds based on redemption - (A)

As of February 1, 2022, international investment funds will be able to reinvest in shares of companies listed abroad to the extent of the redemptions and therefore sales of foreign shares that have suffered these systems. These foreign investment limits came into effect on February 1, 2022, and since the limits were not raised, most …

Eyeing for an international scholarship - This how you can maximize your chances - (A)

For talented students in India, various scholarship packages are available in undergraduate, postgraduate, and master’s programs at foreign universities. This allows students to access amazing educational opportunities. However, the competition for these scholarships is fierce and you must start the process at least a year in advance to qualify. Scholarships can be 100% or even …

As demand for credit rises in India, banks may soon be rushing to get deposits - (A)

Credit growth in India hit a three-year high and is expected to rise further as economic activity gains traction, but much slower deposit growth could prompt banks to seek funding and raise interest rates. deposit quickly, analysts and bankers said. Deposit growth has taken a hit as high inflation led to lower savings and depositors …

Centre's budget deficit at Rs. 3.52 lakh crore for April-June, 21% of FY23 target - (A)

The central government budget deficit stood at Rs 3.52 lakh crore from April to June, 21.2 percent of the full-year target, according to data released by the Comptroller General on July 29. The budget deficit in the first three months of FY22 was Rs 2.74 crore. This means that the budget deficit for the first …

5 myths about money that women should bury - (A)

“Kids and family should be my priority, not my personal investments. … “Women are not good with numbers” … “Investments and taxes are too complicated for women to understand” … You would hear people, including some women, repeat those lines over the years. This is despite the fact that women carefully follow their financial plans …

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