Latest Updates from Personal Finance

Taxes are expenses for the common man whereas the same is the income for the government.

Warren Buffett is known as the guru of investing with erudite knowledge of the markets. He’s not just a businessman but also an intelligent investor with a standout track record.

In the era where tech rules every industry, gaining financial know-how has become like a cakewalk - and the credit goes to the apps for connecting every vein in the financial system.

It is a common misconception that men should handle money, maintain funds or make investment decisions.

It matters not whether you are just graduating from college or an adolescent who has realised the significance of investing.

One can hold investments in gold in multiple forms like gold ETFs, physical gold, digital gold, coins, etc.

Ageas Federal Life Insurance CEO and MD Vighnesh Shahane also said the government should also make the maturity amount under unit linked insurance policies (ULIP), where the annual premium is Rs 2.5 lakh or more, tax free.

This latest scheme is suitable for those looking for periodical returns. Go through the details given below.

Return on investment is guaranteed by the Post Office Time Deposit Scheme. 5-year time deposits are eligible for a tax deduction under Section 80C of the Income Tax Act.

The financial world has become so vast that the methods to manage funds are innumerable. The simplest yet the best method among the available methods is the 50-30-20 rule. Now, let’s learn and understand how to manage our home budget better with this popular method.

The PFRDA bill 2022 has undergone some new improvements. The committee is likely to detach NPS from PFRDA as well. The changes are made to add flexibility to the current pension system.

If you want to retire early, you need to earn more and save more. But you have to keep inflation in mind. You cannot assume that 10 years from now your expenses will be the same as they are today. Know in detail how to plan early retirement.

One of the most important financial goals for a parent is to save for their child's future. If you too are in a spot where you should invest, read on to find out about the three investment options you can consider for your child's long-term needs.

India is the second-highest gold consumer in the world after China. This shimmering financial asset also acts as a hedge against inflation and deflation. Today, people invest in gold in multiple ways like gold ETFs, Gold Mutual Funds, purchasing jewellery, etc. Here, you’ll learn the differences between gold ETFs and Gold Mutual Funds.

Whether you're a first-time buyer or purchasing a second home as an investment, you can take advantage of tax breaks on home loan interest and the principal amount. Here are the tax benefits of using a home loan to finance your property purchase

If you want to transfer the money you can use either of these online methods. Account holders in India prefer NEFT and IMPS methods of online fund transfer. Know what they are and the difference between NEFT and IMPS

No matter how much your income is, if you want to save your money, then a proper financial planning is a must. If you are a salaried person, you must have some plans to save your income tax every year.

Everyone needs some quick cash to meet their unforeseen financial emergencies. If you approach a bank for a loan, it’ll take you forever to get your application approved. The next best alternative to put your money crunch problem at bay is via a credit card.

Getting a loan in today’s time is a bit cumbersome as it involves a lot of verifications. And of the many criteria that the lenders opt for before approving the loan, is to check the CIBIL score.. It’s a three-digit figure issued by Credit Information Bureau of India Limited. This score ranges from anywhere between 300 to 900.

Despite the fact that mutual funds frequently contain stocks too, mutual funds and stocks have distinct characteristics that can appeal to a wide range of investors with different needs and financial goals. Scroll down to know the key characteristics of stocks and mutual funds.