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Location American Market News for 3 February 2025
Palantir's earnings report follows a historic rally in the stock last year.
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What does no income tax up to ₹12 lakh really mean? Decoding differences between tax rebate, deduction & exemption In Budget 2025, Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax rebate, not a full exemption, effectively reducing tax liability to zero for t...
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Are small cap funds still risky for investors? This is what latest stress test shows. Should you invest? All mutual fund houses are supposed to disclose the results of stress test for their small and mid-cap schemes since March 2024.
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Income Tax: ITR(U) filing deadline extended to 48 months-Key details you need to know Income Tax: Now taxpayers have a longer timeframe of up to 48 months to file an updated income tax return which was 2 years earlier. The provision of ITR(U) was introduced in Budget 2022
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Can students get a credit card? Here's what you need to know Various student credit cards are available with no or low fees, but students must understand financial literacy to avoid debt. It's important to create a budget and pay on time, as credit cards can be risky for those wit...
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New credit card? Here's how to activate it via net banking, app, and more Activating a credit card is crucial for safe transactions. Responsible usage is key to avoid high interest rates and debt. Always pay bills on time and monitor spending. Activation requires setting up a PIN, which can be...
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Irdai caps annual premium hike for senior citizens at 10% annually--what it means for policyholders Irdai has capped annual increases at 10%. While this ensures predictability for policyholders, experts warn of potential challenges, including stricter underwriting and claim settlements.
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Budget 2025: How the new tax rules will impact ULIP investments--Key changes you need to know The Union Budget 2025 clarifies the tax treatment of Unit Linked Insurance Policies (ULIPs), aligning them with other investment options like mutual funds. This change promotes fairness, simplifies tax compliance, and ai...
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How will my annuity be taxed if I live in Portugal on a Golden Visa? Since NPS annuity income is not directly covered by any particular article in the India-Portugal DTAA, it falls under Article 22 - 'Other Income'.
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How to add a credit card to PhonePe? A step-by-step guide Linking your credit card to PhonePe allows for safe online purchases and smoother transactions. However, credit cards can lead to high-interest debt and affect credit scores if mismanaged. They offer convenience but requ...
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How does the balance transfer facility work on credit cards, and how can you avail of it? The balance transfer facility allows the transfer of credit card outstanding from one card to another at a lower interest rate with the ease of EMI payments.
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How to close your Kotak Mahindra Bank credit card? A step-by-step guide Credit cards offer rewards and benefits but can cause financial strain if mismanaged. Responsible use and timely payments are essential. Closing a Kotak Mahindra Bank credit card can reduce liabilities, though it may tem...
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How to close your ICICI Bank credit card? A step-by-step guide Credit cards can help save money and earn rewards if used wisely. However, mismanagement can lead to debt. Closing an ICICI Bank credit card requires clearing bills and considering reward points. Be aware that it may tem...
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How small credit card disputes with banks can snowball into major mistrust The RBI ombudsman is the last resort for customers if banks fail to address their grievances.
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Golf perks on credit cards: 4 best cards offering benefits for golfers Credit cards in India are transforming golf into a more accessible sport by offering perks such as complimentary games and coaching sessions. Top cards like HDFC Diners Club Black and ICICI Emeralde cater to golf lovers ...
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Top 5 mutual funds for short-term investments in 2025 Investors should align their choices with financial objectives, considering tax implications of debt and equity-oriented funds. Low-risk mutual funds cater to short-term goals, investing in instruments like treasury bill...
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Credit utilisation ratio: How to keep it at an optimum level The credit utilisation ratio is the percentage of your total available credit that you are currently using. It is a key factor affecting your credit score
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Credit Score: How to achieve a car loan approval even with a low credit score? Credit score: In this ever evolving growth environment there are numerous options through which a borrower can avail car loans. Still, having a low credit score or a weak credit profile can easily bring down chances of l...
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