Personal Finance - Angel One - Page 135

The Public Provident Fund (PPF) is a trusted long-term investment option for many Indian savers. It offers tax benefits, stable returns, and a 15-year lock-in that encourages disciplined investing. But the date you invest can also impact your final returns. If you’re planning to invest a lump sum in FY26, doing it before April 5 …

The Income Tax Department has issued a new directive that impacts many PAN card holders in India. If you received your Permanent Account Number (PAN) using an Aadhaar Enrolment ID (A distinct 28-character alphanumeric code provided to every individual applying for Aadhaar), you are now required to update it with your actual Aadhaar number. This …

Gold prices fluctuate daily based on global trends, geopolitical developments, and currency exchange rates. Keeping an eye on these changes is crucial for investors, jewellers, and buyers looking to make informed decisions. Here’s a snapshot of today’s gold prices in Dubai. Dubai Gold Rate Comparison: Today vs. Previous Session The table below shows the per-gram …

Buying a motorcycle (bike or two-wheeler) is a significant financial decision, and many buyers look for flexible payment options. If you are wondering whether you can purchase a motorcycle using a credit card and convert the amount into Equated Monthly Installments (EMI), the answer is yes. However, the process depends on various factors, including the …

The Income Tax Department is investigating individuals who have made political donations of ₹5 lakh or more to lesser-known political parties in FY 2020-21. Tax officials have sent a list of questions to these donors to scrutinise their donations and ensure they are legitimate. Money Laundering Concerns in Political Donations In some cases, donors gave …

In a major move to enhance operational efficiency and improve user experience, the Employees’ Provident Fund Organisation (EPFO) has introduced two significant changes in its claim settlement process. These simplifications are aimed at strengthening the Ease of Living for EPF members and promoting Ease of Doing Business for employers. No More Cheque Leaf or Passbook …

With the start of the new financial year, the process of filing Income Tax Returns (ITR) for the assessment year 2025-26 has begun. Taxpayers can file their ITR from April 1 for the previous financial year. However, most companies provide Form 16 only after mid-May, causing many people to delay their tax filing. But did …

IDFC FIRST Bank has received authorisation from the Central Pension Accounting Office (CPAO), Government of India, to disburse pensions to central government pensioners. With this approval, the bank will now facilitate pension payments for retired All India Service Officers, former Members of Parliament, retired High Court and Supreme Court judges, ex-presidents and Vice Presidents, and …

When the government launched the Sovereign Gold Bond (SGB) scheme, it was initially seen as a lucrative investment opportunity for individuals while reducing India’s dependence on gold imports. However, the scheme has turned into a financial challenge for the government due to soaring gold prices. While investors have reaped significant returns, the government is now …

As Financial Year 2025–26 begins, it’s a good time to tidy up your investments, just like you’d clean your home for a fresh start. Over the past year, your asset allocation may have shifted due to market movements. Rebalancing helps bring your portfolio back in line with your original goals, ensuring you’re neither overexposed to …