Unified Payments Interface (UPI) has been the backbone of India’s digital payment revolution for the past several years. What started as a convenient payment method within India has now transcended borders, with UPI adoption spreading to neighbouring countries as well. As of the first quarter of FY 2025–26, nearly 675 banks are live on UPI,…
Education is one of the most crucial ingredients for achieving your dreams and building a successful future. In India, it holds deep cultural significance and is widely regarded as the most reliable path to success. Investing in education is thus a pivotal decision for students and their families. These days, students are often clear about…
As you are set to file your income tax return (ITR) for FY 2025, you are recommended to cross check the details given on key documents which can be downloaded on income tax portal (form 26AS) and provided by employer (form 16). Cross verifying details in these documents is recommended to avoid entering the wrong…
Almost one year after $234.9 million was lost to a hack at WazirX on July 18, 2024, another crypto exchange CoinDCX has encountered a massive hack leading to loss of $44 million. This has reportedly given a considerable setback to the new-age investors, some of whom had pinned their hopes on earning good returns amid…
An annual fee is a yearly cost that credit card companies charge simply for the privilege of issuing a card. This fee is automatically charged in your anniversary month each year and is typically ₹499 to ₹5,000 (or more for premium cards). While an annual fee may be seen as a nuisance to be avoided,…
New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the…
When investors face any problem with regards to stock markets or a listed company, they can first approach the entity concerned. Later, when the problem does not get resolved, they can file a complaint with SCORES, which is online grievance redressal platform provided by the capital markets regulator Sebi. The regulator recently shared the latest…
In India, a court decides how much maintenance one spouse will pay to the one earning less or having no income at all. The maintenance could be in different forms: one-time, periodic, or transfer of assets. Different types will have different tax treatment. However, it must be noted that the Income Tax Act,1961, does not…
As the country’s businesses grow more decentralised and digital in nature, credit cards designed for professional use are gaining popularity. Among these, corporate and commercial credit cards serve unique purposes, both are developed to streamline business spending but are suitable to serve different stages and scales of business growth. What are commercial credit cards? Commercial…
Pointing to hardships in securing crop loans ahead of the cultivation season, a section of farmers in Erode has urged the State Government to withdraw the order requiring the use of credit scores for granting agricultural loans. Members of the Keel Bhavani Murai Neer Pasana Vivasayigal Kootamaippu and the Keel Bhavani Ayacut Nila Urimaiyalargal Sangam…