Expense News

Videos

How To Reduce Travel Cost | My Money Matters

Adopting certain tricks while using your credit cards can also help you cut down on your travel costs. Let's check at 4 such tricks. 1- Check for offers and discounts 2- Opt for a co-branded credit card 3- Gaining reward points 4- Dining and recreation at airport lounges.

29 Jan 2023
Mutual Funds

SBI Mutual Fund, Axis MF, Mirae increase expense ratio of direct plans

Among the 15 largest AMCs, Nippon India Mutual Fund, Franklin Templeton Mutual Fund, DSP Mutual Fund also announced to increase the base TER of their equity schemes- direct plan.

2 min read16 Aug 2020
Money

Telemedicine now covered under health insurance policies

Telemedicine is the usage of electronic or digital media for the distribution of healthcare services, especially when the patient and doctor cannot be physically present with each other.

2 min read12 Jun 2020
Money

Why minimalism may be the best solution for mutual fund investors

Having a large number of funds gives returns on a par with what the index gives or below that.Managing a portfolio of many mutual funds needs time and expertise.

2 min read7 Jun 2020
Money

Tax deduction benefit for medical expenses cannot be carried forward

A deduction is available under Section 80DD of the I-T Act to a resident taxpayer, if he has incurred expenditure for medical treatment, training and rehabilitation of a dependant parent, with disability

2 min read24 May 2020
Money

3 things to do with the money saved during the lockdown

Staying home leads to lower expenses. Use this money to create an emergency corpus and get your money box in shape

3 min read23 Apr 2020
Mutual Funds

Mutual fund costs matter

Equity funds are allowed to charge up to 2.5% of the assets that a scheme managesDebt funds’ expenses are capped at 2.25%

1 min read29 Apr 2019
Money

There is no income tax benefit available on medical expenses incurred on grandparents

Section 80D of the Income-tax Act provides a deduction of up to ₹30,000 towards medical expenditure incurred on the health of parents who are senior citizensIf the expenses are incurred by the father, he can opt to claim the deductions from his taxable income

3 min read1 Apr 2019
Money

Don’t let your fitness goal dent your financial health

Staying healthy is important but ensure you don’t overspend and harm your financesFocus on your fitness, but make sure you spend within your means and take care of your financial goals

4 min read28 Mar 2019
Insurance

A standard health cover explained

The insurance regulator has proposed guidelines to standardise plans across companies to help customers choose covers This standard health plan will have basic mandatory covers uniform across the market and there will be no additional addons or optional covers

3 min read2 Mar 2019
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles