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    1. Business News
    2. Authors
    3. amitava.chakrabarty

    Amitava Chakrabarty

    mutual fund, MF, Mutual Fund Sahi Hai, financial needs, MF category, equity fund, ELSS, debt fund, liquid fund, overnight fund, hybrid fund, market risks, systematic investment plan, SIP
    Mutual Fund Sahi Hai! Know which MF category to choose to meet your financial needs

    Mutual funds provide opportunities for the regular investors investing in equity-oriented MF schemes through the systematic investment plan (SIP) to…

    By Amitava Chakrabarty
    November 3, 2022 19:02 IST
    Central Bank Digital Currency, CBDC, retail CBDC, wholesale CBDC, Digital Rupee, UPI, NEFT, RTGS, IMPS, debit card, credit card, crypto currency, RBI
    Central Bank Digital Currency: How is CBDC different from UPI, NEFT, RTGS, IMPS?

    The Digital Rupee will be used for making digital payments similar to making payments made through UPI, NEFT, RTGS, IMPS,…

    By Amitava Chakrabarty
    November 2, 2022 20:26 IST
    tax, income tax, income tax return, ITR, ITR due date, ITR due date extension, taxpayers without audit needs, assessees with books of accounts subject to audit, tax audit
    ITR Due Date: While normal taxpayers get no extension, what makes govt extend relief in audit cases?

    The normal taxpayers didn’t get relief for even a day this year (AY 2022-23), while the due date for those…

    By Amitava Chakrabarty
    November 2, 2022 18:49 IST
    mutual fund, MF, long-term investment, short-term investment, debt mutual fund, debt fund, equity-oriented mutual fund, equity MF, equity fund, tax benefits, capital gains, arbitrage fund
    Want to invest in equity-oriented mutual funds for short term? Here is an option

    As mutual fund (MF) investments – especially in equity-oriented funds – are subject to market risks, it is advised never…

    By Amitava Chakrabarty
    November 2, 2022 13:32 IST
    gold, gold investment, Sovereign Gold Bond, SGB, Reserve Bank of India, RBI, SGB 2017-18 Series V, premature redemption, absolute return, compound annual growth rate, CAGR, Reserve Bank of India, RBI
    SGB 2017-18 Series V premature redemption: At 11.6% CAGR, investors get 73.16% absolute return!

    The premature redemption of Sovereign Gold Bond is allowed after fifth year from the date of issue of such Gold…

    By Amitava Chakrabarty
    November 1, 2022 14:59 IST
    pension, retirement plans, provident fund, Public Provident Fund, PPF, Employees' Provident Fund, EPF, General Provident Fund, GPF, maturity benefits, interest, tax, tax benefits
    PPF vs EPF vs GPF: Know basic differences and benefits of the retirement plans

    There are several types of provident funds – like PPF, EPF, CPF, GPF, etc – which are used by organisations…

    By Amitava Chakrabarty
    October 31, 2022 17:48 IST
    General Provident Fund, GPF, GPF subscription limit, tax on GPF, Public Provident Fund, PPF, Old Pension Scheme, OPS, government employees, retirement corpus
    Setback for govt employees: Like PPF, cap on total subscription introduced for GPF

    GPF is used by government employees, entitled to receive benefits under the Old Pension Scheme (OPS), for building their retirement…

    By Amitava Chakrabarty
    October 30, 2022 11:15 IST
    Digital Payment, Unified Payments Interface, UPI, mobile phone, smartphone, feature phone, UPI 123Pay, UPILite
    Digital Payment: UPI becomes a game changer, but operational costs may become a pain point

    The rapid growth in digital payment technology and more importantly, the introduction of the Unified Payments Interface (UPI) has changed…

    By Amitava Chakrabarty
    October 28, 2022 20:15 IST
    loan, personal loan, pre-approved loan, credit card, credit score, credit history, soft inquiry, hard inquiry
    Do you know that your credit score falls if checked frequently? Here is why

    A high credit score would not only make it easier for a person to get a loan, but would also…

    By Amitava Chakrabarty
    October 28, 2022 15:19 IST
    income tax, income tax return, ITR, ITR due date, ITR due date extension, filing of return, income subject to audit, CBDT
    ITR due date extension: How beneficial will it be?

    CBDT has allowed the assessees whose books are subject to tax audit 7 more days to file their return of…

    By Amitava Chakrabarty
    October 27, 2022 20:42 IST
    diwali, diwali bonus, large bonus, Diwali shopping, lump sum investment, fixed deposit, FD, mutual fund, MF, SIP, STP, debt fund, equity fund, liquid fund
    Got a large bonus on Diwali? Here is how to invest it for a better return

    While any type of bonus brings happiness, receiving a large bonus may make you think how to utilise it after…

    By Amitava Chakrabarty
    October 26, 2022 20:23 IST
    gold, holding cost, locker rent, insurance premium, gold mortgage, loans, gold loan, secured loan, lower interest on loan
    How are Millennials availing benefits of loans on their gold assets?

    As a secured loan, the rate of interest on gold loans is not only lower than most of other loans,…

    By Amitava Chakrabarty
    October 26, 2022 19:22 IST
    Gen Z, 360-degree approach, financial planning, investing, new generation investors, calculated risks, insurance, crypto currencies, equities, Goal-linked planning, diversification
    Empowering Gen Z with 360-degree approach in financial planning

    From the safety of insurance to extremely risky crypto currencies, the new generation investors want to explore all the investment…

    By Amitava Chakrabarty
    October 26, 2022 18:12 IST
    banks, bank fraud, cheque payment fraud, duplicate cheques, cheque dishonour, cheque returned unpaid, RBI, authenticity of cheques, positive pay
    Cheque Payment Fraud: How to avoid bank fraud while avoiding cheque dishonour

    With the increase in the number of bank frauds involving cheques, the RBI has asked banks to verify the authenticity…

    By Amitava Chakrabarty
    October 26, 2022 16:24 IST
    Diwali, Diwali celebrations, Diwali shopping, fund shortage, loans, gold loan, interest rate
    Gold loans light up Diwali celebrations

    Gold not only acts as a hedge to limit the losses at the time of economic downturn and market meltdowns,…

    By Amitava Chakrabarty
    October 24, 2022 18:04 IST
    Diwali, Diwali shopping, Diwali gifts, festive seasons, festive shopping trend, electronics, apparels, jewelleries, groceries
    Diwali Shopping: Check recent spending trends during festive seasons

    To understand the zeal of Diwali shopping, let’s see some of last year’s numbers revealed by Razorpay, a payment solution…

    By Amitava Chakrabarty
    October 22, 2022 15:59 IST
    diwali, diwali shopping, fund shortage, credit options, creidit card, BNPL, loans, banks, NBFC, fintech, digital loans
    Facing fund shortage for Diwali shopping? Here are some quick options

    Apart from options like credit card, buy now pay later (BNPL) etc, there are a number of digital lending platforms…

    By Amitava Chakrabarty
    October 21, 2022 19:15 IST
    Diwali, Diwali gifts, tax, income tax, tax on Diwali gifts, gift from boyfriend, gift to fiancee, gifts from relatives, gifts from friends, gifts from employers
    Diwali Gifts: How many gifts one may get without any tax obligations?

    Gifts received from family members of self and from those of spouse’s family are not taxable, but unfortunately relatives do…

    By Amitava Chakrabarty
    October 21, 2022 16:13 IST
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