Personal Finance - Angel One - Page 147

In 2024, major companies like  Reliance Industries and Wipro announced bonus share issues, which created a lot of excitement in the stock market. If you’re wondering whether the bonus shares have been credited to your Demat account, here’s how you can check and stay informed. Don’t worry—this guide simplifies the process for you. Credit Process …

The third instalment of advance tax for the financial year 2024-25 is due on Sunday, December 15, 2024. Taxpayers must ensure that 75% of their total tax liability is paid by this date. However, due to an existing Income Tax Department circular, payments made on Monday, December 16, 2024, will be accepted without any penalties. …

Fixed deposits (FDs) have been a preferred choice of investment for Baby Boomers and Gen X in India, making it one of the oldest saving instruments. With their money invested in FDs, depositors deemed the money to be in a safe place with an assured fixed rate of return. Of late, with a soaring fiscal …

On December 4, 2024, the Goods and Services Tax Network (GSTN) issued an important advisory outlining new guidelines for the filing of GSTR-7 returns. Effective from October 2024, it is now mandatory for GST-registered taxpayers, specifically those who deduct Tax Deducted at Source (TDS), to follow a sequential filing process. This new rule aims to …

When envisioning retirement, financial security and comfort take precedence. Throughout life, individuals work tirelessly, earn, and make financial sacrifices to secure a stable future. As income sources diminish during retirement, having a reliable corpus ensures independence, dignity, and the ability to maintain one’s lifestyle without financial stress. The question arises: how does one build such …

The government has raised the Tax Deducted at Source (TDS) limit on fixed deposit (FD) interest for senior citizens from ₹50,000 to ₹1 lakh per year. This change, effective from April 1, 2025, aims to reduce the administrative burden on senior citizens. However, tax experts emphasise that this is only a procedural change, and senior …

The government of India has reduced the import tariff on gold by $11 per 10 grams, lowering the price to $927 per 10 grams. This change comes amid ongoing selling pressure on gold, primarily due to a rebound in the dollar index and profit-taking. The import tariff price of gold represents the base price set …

Generating a stable monthly income can be a key financial goal for many investors, whether they are retirees seeking financial security or individuals looking for passive income. With evolving market conditions and changing interest rates, selecting the right investment options in March 2025 requires a balanced approach between risk and returns. From fixed-income instruments like …

The announcement of the 8th Pay Commission has brought excitement among central government employees, who are eagerly awaiting its implementation. The proposed effective date is January 1, 2026, marking the beginning of the last quarter of the 2025-26 financial year. This financial year’s budget was presented by the Finance Minister on February 1, 2025. However, …

Buying gold with a credit card is an option many consider, especially with rising gold prices and festive demand. While it offers convenience and instant ownership, factors like RBI regulations, interest rates, and repayment terms must be considered. Does this move affect your financial health? Let’s explore what the RBI says and weigh the pros …