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

    Amitava Chakrabarty

    digital transactions, digital payments, online transactions, cyber crimes, cyber frauds, phishing, website spoofing, malware, data breach, data protection, demonetisation, Covid-19 lockdown, Data Protection Bill
    Will the Data Protection Bill make online transactions secure?

    With people moving towards cashless economy, petty criminals are graduating to cyber fraudsters and the money related crimes are also…

    By Amitava Chakrabarty
    September 9, 2022 19:00 IST
    money, loans, personal loan, credit card loan, unsecured loans, secured loans, home loan, when to use personal loan, when to avoid personal loan
    When to use a personal loan and when to avoid it

    Anyone may face financial difficulties in life and may need loans – like a personal loan, credit card loan etc…

    By Amitava Chakrabarty
    September 8, 2022 18:01 IST
    income, expenditure, earnings, spending, savings, essentials, needs, wants, secured future, standard of living, financial freedom
    What is the 50-30-20 rule of budgeting you should know about?

    Along with essentials, one needs to ensure that one has some extra money for important but non-essential goods and also…

    By Amitava Chakrabarty
    September 7, 2022 18:38 IST
    Life Insurance Corporation of India, LIC of India, LIC's New Pension Plus, NPP, pension plan, Like the National Pension System, NPS, investment options, insurance cover, Guaranteed Additions
    LIC of India introduces New Pension Plus – an NPS alternative with additional benefits

    Like the National Pension System (NPS), LIC’s New Pension Plus (NPP) also provides pension seekers various investment options.

    By Amitava Chakrabarty
    September 7, 2022 14:33 IST
    education, higher education, students belonging to poor families, education loan, top institutions, placement opportunities
    5 tips to boost your education loan eligibility despite having a low income of your parents

    For the students belonging to poor families having lower income, it’s difficult to get an education loan, unless the students…

    By Amitava Chakrabarty
    September 6, 2022 20:03 IST
    Guaranteed Return Plans, fixed return plans, fixed deposit, FD, recurring deposit, RD, public provident fund, PPF, higher return, tax benefits, inflation, purchasing power, insurance plans
    Better than FD, RD, PPF! Know the features and benefits of Guaranteed Return Plans

    An ideal investment plan is the one that gives you high returns along with tax benefits, so that you can…

    By Amitava Chakrabarty
    September 6, 2022 18:15 IST
    money, cyber attack, cyber fraudsters, phishing, how to identify phishing mails, personal banking details, Debit Card numbers, PIN, Passwords
    Beware! Fraudsters may steal your money: Know how to identify phishing mails and stay protected

    The advancement of technologies brings things to your fingertips and lets you perform all types of financial transactions, including making…

    By Amitava Chakrabarty
    September 5, 2022 22:53 IST
    Credit Card, debit card, UPI, credit score, free credit period, cash back, reward points, deals, discounts, EMI option, eligibility conditions, document proofs
    Want a credit card of your choice? You need to have a good credit score

    If you can use it judiciously, a credit card can get you better deals than a debit card – like…

    By Amitava Chakrabarty
    September 5, 2022 18:09 IST
    RBI guidelines, digital lending, Annual Percentage Rate, fees, Penal Interest, charges, Cooling off, Look-up Period, Digital Lending App, Lending Service Provider, NBFC, commercial banks
    RBI issues guidelines for digital lending: Lenders can no longer levy hidden charges

    The RBI has reiterated that the obligations of Regulated Entities don’t get diminished by entering into outsourcing arrangements with a…

    By Amitava Chakrabarty
    September 2, 2022 19:56 IST
    retirement planning, pension, regular income, annuity, fixed deposit, FD, pension plans, LIC's Jeevan Akshay, SCSS, PMVVY, mutual fund, MF, BAF, DAAF, SWP, taxation, risks
    Want Rs 50,000 pension per month after retirement? Know the investment options

    For the private sector employees, retirement planning is crucial for survival after their regular income post retirement gets stopped.

    By Amitava Chakrabarty
    September 1, 2022 20:31 IST
    fixed deposits, FDs, equities, equity-oriented Mutual Fund, MF, risk-free investment, inflation, price rise, FD interest, bse sensex, bankrupt, bankruptcy, poorer
    Is Fixed Deposit a risk-free investment? Know how relying only on FDs may leave you poorer

    As the principal amount invested in FDs doesn’t fluctuate like the capital invested in equities or equity-oriented MF schemes, people…

    By Amitava Chakrabarty
    September 1, 2022 13:07 IST
    KYC, CKYC, bank account, financial services, KYC documents, PAN Card, Aadhaar Card, Passport, Voter ID Card, Driving License, deposit insurance cover
    No need for Aadhaar, PAN for bank accounts soon! Will CKYC be a boon or bane for customers?

    Now to avail any financial services – like opening a bank account, making investments in bonds, MF, shares, taking an…

    By Amitava Chakrabarty
    August 31, 2022 23:23 IST
    income tax, TDS, tax-saving investments, Old Income Tax Regime, New Income Tax Regime, 80C deductions, PPF, EPF, NSC, ELSS, ULIP, SSY, SCSS, NPS, life insurance, health insurance, HRA, interest on education loan, donation
    Excess TDS deduction: Here are ways to lower your tax liability

    You need to explore ways to reduce your tax liabilities through tax-saving investment and availing deductions of expenditures on which…

    By Amitava Chakrabarty
    August 30, 2022 19:04 IST
    inflation, price rise, managing portfolio, rate of inflation, rate of interest, purchasing power, fixed-return instruments, fixed deposit, FD, recurring deposit, RD, taxable bonds, debt-oriented mutual fund, MF
    How to manage your portfolio amid high inflation

    When the rate of inflation exceeds the rate of return, it spells trouble for investors as the money invested continues…

    By Amitava Chakrabarty
    August 30, 2022 18:00 IST
    investment, investing early, power of compounding, investment period, systematic investment plan, SIP, equity investment, equity-oriented mutual fund, MF scheme, FD, systematic Deposit Plan, SDP, RD
    Earning Rs 1 cr to Rs 20 cr more with the same total investment! Know how you can make it

    Starting early is very important to enjoy the power of compounding, as time is the most important component of the…

    By Amitava Chakrabarty
    August 29, 2022 18:24 IST
    income tax, capital gain tax, long-term capital gains, LTCG, how to save full tax, buying new house, construction of new house, capital gain account
    How to save tax on sale of residential property? Know how to save full tax

    If you sell your house after two years (i.e. 24 months) from the date of purchase, the gain, if any,…

    By Amitava Chakrabarty
    August 29, 2022 08:15 IST
    income tax, capital gain tax, sale of residetial property, short-term capital gain, STCG, long-term capital gain, how to save tax
    How to save tax on sale of residential property? Get the timing right

    Buying and selling a house property not only involves a huge amount of money, but prevailing market price and personal…

    By Amitava Chakrabarty
    August 28, 2022 18:29 IST
    Reserve Bank of India, RBI, RBI guidelines, digital lending, harassment of borrowers, smartphone, fintech, regulation for digital lenders
    RBI steps in to end harassment of borrowers, prohibits digital lenders from accessing smartphone data

    With the news of harassment of customers by digital lenders becoming frequent, the RBI has decided to issue stringent guidelines…

    By Amitava Chakrabarty
    August 26, 2022 19:05 IST
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