Track India’s and Asia’s economic trends, stock market movements, GDP data, inflation figures and financial policy updates on Asia Wire.
On September 1, LPG and ATF prices, along with banking charges, may change. Consumers should check local prices and bank fees to avoid unexpected costs. Important tax deadlines also impact taxpayers, with August 31 being crucial for return filings and…
There is increasing demand for education loans from Tier II and III cities, lending data from Kuhoo Finance platform showed. Smaller cities account for 86.5% of applications on the platform, it added.
Rima invests in PPF, while Seema opts for an equity SIP. Rima’s corpus may reach ₹32.5 lakh after 15 years, tax-free. Seema’s final amount fluctuates based on market returns, potentially achieving up to ₹46 lakh after tax, highlighting differing investment…
Over the past financial year, the number of accounts contributing between ₹500 and ₹1,000 fell by nearly 1.4 million—the first decline in years.
The income tax department said more than seven crore ITRs had been submitted as of 27 August.
AMFI has re-elected Sundeep Sikka as Chairman and Vishal Kapoor as Vice Chairman. Here’s a look at the careers, experience and industry roles of the two executives who will continue to lead India’s mutual fund industry.
Deadline to file income-tax returns for business or professional (including freelancers) income, is fast approaching on 31 August. Here’s who must file their returns, checklist for taxpayers and top things to know…
Celebrating a paid-off home loan is essential, but ensure to collect original documents, including sale deeds and No Dues Certificates. Per RBI guidelines, lenders must return these within 30 days; failure results in compensation.
Equity mutual fund returns can vary sharply across categories and schemes. Over a 10-year SIP period, some small-cap and mid-cap funds emerged among the top performers, while certain large-cap, value and flexi-cap schemes featured at the lower end.
Index funds are becoming increasingly popular among retail investors in the passive investing segment. Here’s why Indian investors are choosing index funds over ETFs despite the latter being a cheaper option.
