When you take a home renovation loan, the choice of your tenure can substantially impact your finances in the long-run. In this article, we will explore the implications of taking a ₹15,00,000 loan for 8 years versus 12 years at an interest rate of 11%. Pros and Cons of Choosing the 8-Year Tenure In the 8-year …
The State Bank of India (SBI) has revised its special FD scheme, ‘Amrit Vrishti’. The new changes will be effective from 15th April 2025. The scheme was initially launched in July 2024 and concluded on 31st March 2025 after multiple extensions. However, it is now back with a revised interest structure. The new scheme aims to promote deposit mobilisation …
The Ayushman Vaya Vandana Yojana is an innovative initiative under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PMJAY). This program aims to provide free healthcare services to senior citizens aged 70 and above, addressing their specific medical needs with a focus on affordability and accessibility. What is Ayushman Vaya Vandana? Ayushman Vaya Vandana …
Gold prices in Dubai change daily, influenced by global market trends, geopolitical developments, and currency fluctuations. Whether you’re looking to invest, buy jewellery, or simply stay updated, tracking these price movements can help you make smarter financial decisions. Here’s a look at today’s gold prices in Dubai. Dubai Gold Rate Comparison: Today vs. Previous …
As more Indians become financially aware, knowing what makes a good credit score is now more important than ever. Your credit score is a three-digit number between 300 and 900 that shows how trustworthy you are with credit. Banks and lenders use it to decide if they can approve your loan or credit card, and …
The Income Tax Department has intensified its scrutiny on large cash transactions, with taxpayers now facing the possibility of receiving notices for even minor lapses. Under Section 269ST of the Income Tax Act, receiving cash over ₹2 lakh is strictly prohibited in certain scenarios, and any violation could lead to hefty penalties. When the ₹2 …
If you’re a conservative investor, chances are you’ve considered Fixed Deposits (FDs) for their safety and assured returns. However, government-backed small savings schemes, like those from the post office, often offer better interest rates, especially for long-term investments. Let’s take a closer look at how these two options compare in terms of returns and tax …
As the financial year has ended, it’s time to prepare to file your income tax return (ITR) before the deadline of July 31, 2025. One of the key decisions you’ll need to make is whether to go with the old tax regime or the new tax regime. Here’s a simple guide to help you understand …
Dubai, known for its luxury shopping and impressive architectural landmarks, is also famous for its Gold Souk, one of the most iconic markets where you can purchase gold jewelry, coins, and bars at competitive prices. In addition to offering a wide range of gold items, Dubai provides an opportunity for tourists to reclaim VAT (Value …
The Reserve Bank of India (RBI) just dropped a major policy update—and it could have a direct impact on your EMIs, mutual funds, and the stock market. In its first bi-monthly monetary policy of FY26, the RBI, under Governor Sanjay Malhotra, cut the repo rate by 25 basis points—from 6.25% to 6%. More importantly, it shifted …
