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NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
- RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...
- Can you get another loan if you’re already paying EMIs? Here’s the answerYour salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...
- Can you apply for credit card without income proof?While income proof is often perceived as mandatory for credit cards in India, it's not always the case. Banks consider various factors beyo...
- DA hike delay: Central government employee body to hold protest over dearness allowance delayIn a letter to the Cabinet Secretary of India, the Confederation of Central Govt. Employees & Workers (CCGEW) writes that its affiliated or...
- Startups offer attractive growth path to key staff to retain talentWith skills in data science, engineering, product, digital marketing, design, artificial intelligence and machine learning commanding a pre...
- BankBazaar adds equity shares worth Rs 109 crore to Esop poolThe statement says the company posted a strong recovery in 2020 and is now poised to close this financial year with operational month-on-mo...
- BankBazaar to hire 500 people by March, roll out salary hikes from JanuaryBankBazaar, which recently announced that its revenues are back to 70 per cent of the peak pre-COVID-19 revenue, plans to scale up its digi...
- How should I pay off my debt and save for retirement?You can invest monies in liquid funds or a fixed deposit. Once the loan is paid off and an emergency fund created, invest the Rs 1 lakh per...
- Fintech companies use Esops to lure top talentIn 2019 alone, fintech startups raised $2.6 billion, the highest ever in any year and double the capital inflow in 2018, as reported by ET ...
- Health matters more than wealth in India: ReportFollowing a healthy lifestyle and forging a stronger bond with family take precedence over more materialistic goals.
- Delhi has highest ticket size of Rs 5 crore in home loansThe big loans ticket size is a reflection of larger disposable income and high-growth opportunities.
- BankBazaar ties up with Early Salary, CASHe to offer short term loansEarly Salary, which offers short term loans through its app has created a tech platform that is integrated with its app.
- Eight Roads Ventures names Shweta Bhatia as partner for its India teamPrior to joining Eight Roads Ventures, Bhatia, who will be based in Mumbai, was with Goldman Sachs, where she was head of Asia investments ...
- Online lending marketplaces look at digital players to expand customer baseIn an industry first, one of the country’s largest marketplaces, Paisabazaar, has enlisted four players like CASHe, Paysense, EarlySalary a...
- You may soon apply for loans from elending firms on FlipkartFlipkart creates a focused team to sell financial services and products on the platform
- Meet the alternative lending startupsA new crop of online lenders needs to prove that their businesses are more than an online flash-in-the-pan.
- Financial listing startup Bank Bazaar to include mutual funds in its portfolio“With the largest range of Credit, Savings, and Insurance products, investment is the next natural step for us”, said Adhil Shetty, BankBaz...
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