The FinTech Hub
Source: Live Mint I have invested in an ELSS scheme under the Dividend Reinvestment Plan. Does the reinvestment of dividends qualify for a rebate under Sec 80C? Yes. The dividend reinvested is treated as a fresh investment in the ELSS. Therefore, it is eligible for deduction u/s 80C within the overall limit of ₹1.50 lakh…
Source: Live Mint When remaking the classics, Disney has had to step gingerly around everything: Cannot say ‘white’ because, racism; cannot say ‘dwarf’ because we acknowledge the dignity of people of short stature, and not to forget the outrage over the prince kissing a sleeping princess ‘without her consent’. That said, the joy of revisiting…
Source: Live Mint Morgan Housel’s book “The Psychology of Money” throws light far and wide on why emotion, behavior, and decision-making all have a role to play in equity investing and financial success. The following are seven lessons from the book that will help you create a healthier relationship with money: Find the role of…
Source: Live Mint Although first three-quarters’ growth was not too promising with 6.2 percent in Dec quarter – it was somewhat expected since it was an election year, explains Dr Rumki Majumdar (PhD), economist at Deloitte. She speaks about the current volatility in the financial market and deconstructs to explain what it reflects on the…
Source: Live Mint Whether it is about raising a loan or applying for a fresh credit card, what banks tend to check before they approve your application is the level of your credit score. A high credit score not only helps you secure a loan on convenient terms, but it also enables you to get it at…
Source: Live Mint If you are a personal loan applicant, you are supposed to be aware of the latest guidelines which are in force. Early this year, Reserve Bank of India (RBI) released a circular with regards to equated periodic instalment based personal loans. RBI’s guidelines on ‘reset of floating interest rate on EMI based personal…
Source: Live Mint If you are an enthusiastic shopper and looking for a credit card to satisfy your shopaholic cravings – there are options galore. Here we list out the six popular credit cards which one can explore to make the most of their extravagant disposition. Six key credit card options for shoppers I. Amazon Pay ICICI…
Source: Live Mint If you are a regular moviegoer, and often book your movie tickets with a credit card – it is recommended to use the card which offers special offers or discounts on the purchase of tickets. Here, we list out some popular credit cards which giving offers or discounts on ticket purchase: 5 popular cards…
Source: Live Mint What does one do if an emergency strikes while you are not in the pink of your health? Among several options, one could take out a personal loan. As personal loan has widened its net in its offerings and options — there are now a slew of sub-categories within its umbrella. These include instant…
Source: Live Mint Prior to investing in a mutual fund scheme, investors tend to compare its past returns with those of similar schemes in the same category. Besides past returns, investors are also supposed to evaluate other factors which include past performance of the fund manager, overall market performance and reputation of the fund house, among…
