Wednesday, May 18, 2022

Who can become karta of HUF?

Who can become karta of HUF?



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HDFC Bank hikes FD interest rates by up to 20 bps for these tenors

Seniors citizens will continue to earn an additional 50 bps interest on FDs over what general investors earn. HDFC Bank had last increased FD interest rates in April 2022.

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Tuesday, May 17, 2022

Sukanya Samriddhi Yojana: When SSY holders withdraw amount partially, fully

With the current rate of interest at 7.6%, the scheme encourages parents to set up money for their female child's future schooling and marriage expenditures. The account can be opened at any post office or a commercial bank's authorised branch.

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What to do with PPF account after it completes 15 years

Public Provident Fund (PPF) is one of the most preferred options due to tax-exempt status. However, once the PPF account complete its 15 years, an account holder may be confused about what he can do now to earn tax-free returns and with lower lock-in periods. Once the PPF account is matured, an individual account holder has three options. Read on to know what those three options are and which one suits best for your investment portoflio.

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CA Rachana Ranade on why she invests in a new asset class

CA Rachana Ranade spells out her reasons for trying out any new asset class and her emphasis on learning through experience by using a small investment amount to start with.

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CA Rachana Ranade on crypto trading vs crypto investing

At the ET Prime Crypto 101 session, CA Rachana Ranade discusses the risks involved in crypto trading and why she believes it’s not for everyone.

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CA Rachana Ranade on what to look for before investing in a token

With so many crypto tokens in the market, CA Rachana Ranade says investors should conduct a fundamental analysis of tokens before investing in them.

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ET Prime Crypto 101: CA Rachana Ranade on what is a ‘party fund’

At the ET Prime Crypto 101 session, CA Rachana Ranade explains how having a ‘party fund’ can enable investors to try out a new investment product, starting with a small sum of money.

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How to open NPS account using SBI Yono app

The National Pension Scheme offers a low-cost way to save for retirement and live a financially secure retirement. Employee contributions to NPS Tier-I are tax deductible under Section 80 CCD (1) of the Income Tax Act.​

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Monday, May 16, 2022

How to earn interest on Stablecoins - 5 ways to do it

How stablecoins on your portfolio can be a reliable source of passive income.

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Sunday, May 15, 2022

Set limits when it comes to helping others financially: 5 ways to deal with the entitled lot

Set limits when it comes to helping others financially to avoid resentment later, says Uma Shashikant

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How gold, silver and platinum performed during week ending May 12, 2022

Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different.

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How to shift from PPF, bank FDs to investing in equity mutual funds

Choosing market-linked instruments such as equity mutual funds would mean that Ashish has moved into a new growth asset class, rather than confining himself to debt investments. His returns would align with the market rates on an everyday basis

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