Planning to buy a car and considering a loan of ₹10 lakh? One of the key decisions you’ll need to make is choosing the loan tenure. A common dilemma for borrowers is whether to opt for a shorter tenure like 5 years or go for a longer one, such as 7 years. Let’s break …
As discussions around the 8th Pay Commission gather pace, the staff side of the National Council of Joint Consultative Machinery (NC-JCM) has revived a long-standing demand: the inclusion of a clause in the Terms of Reference (ToR) for merging Dearness Allowance (DA) with basic pay. Why Merge DA in the 8th Pay Commission? The staff side …
As the new financial year kicks off, taxpayers across India are looking forward to filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025–26. However, the process can only begin once the Income Tax Department officially notifies the ITR forms for the current assessment year. ITR Forms Yet to Be Notified Last year, …
Investors holding the Sovereign Gold Bond (SGB) 2019-20 Series V now have the option to redeem their bonds early, with the redemption price set at ₹9,069 per gram. This follows the SCB’s first premature redemption date on Tuesday, April 15, 2025. Since its launch on October 15, 2019, at ₹3,788 per gram, the SGB has …
The Maharashtra government has announced a significant reduction in the budget allocation for the Mukhya Mantri Majhi Ladki Bahin Yojana, cutting its funds by ₹10,000 crore for the financial year 2025-26. This move comes as the state grapples with mounting debt and a widening fiscal deficit, forcing the government to focus on financial prudence rather …
With people living longer and prices rising, planning for retirement is more important than ever. In India, more investors are turning to market-linked options like the National Pension System (NPS) for better long-term returns. NPS equity funds have shown strong performance recently thanks to smart asset allocation and focus on high-growth stocks. Top Performers Among …
Credit card closure may impact your credit score, depending on various factors. This includes your credit use, holding period, remaining dues, and past payment history. As per recent news reports, nearly 33% of digital domestic transactions in 2024 were made using credit cards. This makes it important for you to understand the financial repercussions of …
If your monthly income is ₹50,000 and you’re planning to take a loan, one of the first questions that comes to mind is how much EMI you can manage. While the answer varies from person to person. What is an EMI? EMI, or equated monthly instalment, is the fixed amount you pay to the lender …
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 Session …
Buying high-value items like smartphones on EMI (Equated Monthly Installments) has become quite common. It allows you to convert a large expense into manageable monthly payments. But what if your credit limit is lower than the cost of the product? For instance, can you purchase a ₹56,000 phone if your credit card limit is …
