Money

Gratuity calculation: 5 lesser-known points every salaried employee should know

Every salaried employee must have heard about gratuity, but not many of them might be aware of what is gratuity and how it is calculated.

Unable to decide Diwali gift? Give your loved ones freedom to choose through HDFC eGiftPlus Card

You may choose a design out of 20 available Diwali-themed designs and personalise the card with the name of your loved one as well as with a message of up to 100 characters, which you may select or wr

Worried over SBI slashing ATM cash withdrawal limit? Here’s what you can do now

State Bank of India has just halved the ATM cash withdrawal limit of some of its debit cards. However, there is no need to get disappointed as there is still some way out.

Festive Offers for HDFC Bank Salary Account holders: Cash backs, easy car and home loans and more

Following its offer of Loan Against Property, private sector lender HDFC Bank has rained in more bonanza for its corporate salary employees this festive season.

Corporate FDs shine again, but should you go for them or bank fixed deposits? Check out the latest interest rates

With equity markets being in a bearish phase combined with low returns on bank deposits and debt MF schemes, corporate fixed deposits have become the latest buzzword with investors. However, should yo

Investment planning: Why you need to look at recurring deposits

The interest rate offered by banks on different term periods varies from bank to bank owing to intense competition among them.

Health insurance: Bringing mental illness under health insurance cover will help customers

The Mental Healthcare Bill 2017 was a progressive reform in the midst of growing awareness. The Insurance Regulatory and Development Authority of India’s (Irdai) directive that followed, now include

Gift of capital asset to spouse is not chargeable to tax

Accordingly, if the purpose is to transfer the ownership of the flat to your wife such that she becomes the 100% owner of the said flat, you can consider gifting her your share without any considerati

Attention SBI customers! From tomorrow, your ATM withdrawal will be limited to Rs 20,000; here is what you can do

SBI withdrawal limit: In a circular, SBI stated, " it has been decided to decrease the cash withdrawal limits of Debit cards issued/ being issued on Classic and Maestro platforms from Rs 40,000 to Rs

Need a credit card to make the most of Diwali sale? Know benefits offered by SBI, ICICI and HDFC Bank cards

As Flipkart and Amazon are offering mega discounts to lure consumers on Diwali, you might be wondering how to maximise gains by availing further discounts offered by various banks on card payments.

Overdraft against salary: How much can you get at HDFC Bank, SBI, ICICI Bank for Diwali shopping

Most banks have the provision of advancing short-term loans to salary account holders as overdraft, which would help you make some extra payments with ease.

4 simple steps to prioritize your investments needs and meet financial goals

While the awareness around the importance of financial planning for a better future is rising, there still prevails confusion around how to go about it. Here is a 4-step guide that will help you plan

How riders add value to your life insurance plan

The basic objective of buying life insurance is to provide maximum financial security to the dependants in case of untimely death of the policyholder.

No tax on NRE FD interest if account holder is a resident outside India

As per Section 10(4)(ii), interest income earned on NRE account is exempt from tax if account holder is treated as a person resident outside India under Foreign Exchange Management Act (FEMA).

Insurance H1: Why growth is slowing and margins are peaking

Our assessment of H1 results indicates (i) Moderating new business growth, (ii) Product mix shifting towards protection & away from par-savings, (iii) Margins peaking out, as delta from protection mix

I-T dept proposes online filing of tax exemption application

Educational institutions, hospitals, charitable and religious trusts will soon have to file the online application for seeking income tax exemption, the I-T department said Monday.

Post Office RD Vs Bank RD: Interest rates and how to make online payment

Recurring Deposit is a great instrument for people having regular income to have a large lump sum return over a period.

5 reasons why this festive season is the right time to buy property

As many consumers are inclined to make purchases during this season, developers, marketers and dealers come up with various offers to lure property buyers during the festive season.

Planning to buy gold this Dhanteras? Here are some cheap and convenient ways to purchase the metal

Women in India love physical gold and like to wear ornaments like ear rings, gold chains, bangles etc on a daily basis despite the problems of safety and storage associated with them.

How to build a Vacation Fund and enjoy dream vacations without any last-minute stress

With increasing exchange rates and cost of travel, it is important to plan for a vacation as a financial goal, much in advance. Here's how to do it.

Mutual funds: Not mutually beneficial

Close to 65% of a total 380 mutual fund equity schemes have posted negative returns in the last one year. A number of the worst-performing funds are infra sector funds.

Why you should have an accident insurance cover

Payout after an accident depends upon the kind of injury one suffers: If an accident causes death, the claim payout would be 100% of the sum insured, and for permanent partial disability, it could be

ICICI Bank introduces new feature on its iMobile app to boost the security of credit, debit cards

Using this feature, ICICI Bank customers can also request for an extension or reduction in their credit limit and take a look at the visual analysis of their spends across different categories.

How will you pay in 10 years? Here’s all you need to know

If there is one sector that has transformed immensely in the last few years, it is the digital payments industry. It has brought in efficiencies and provided a multiplatform approach to sectors like b

Government plans global ETF in FY20 to tap overseas pension funds

The Finance Ministry is planning to launch a global exchange traded fund (ETF) with a view to attracting long-term investment from overseas large pension fund houses.

SBI customers alert! You won’t be able to withdraw more than Rs 20,000 from ATMs after October 31

State of Bank of India has decided to reduce the daily cash withdrawal limit for some of its debit cards from Rs 40,000 to Rs 20,000 per day. Here's all you need to know.

What are co-branded credit cards and who should opt for them?

Credit cards have made their way into our pockets not just because of the convenience they offer but also the benefits associated in terms of cashbacks, reward points and discounts.

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