Short-term loans are much in vogue due to easy approvals and minimum paperwork involved
2 min read6 Jan 2019Beyond income tax and compounding benefits, PPF account offers the facilities like loan, partial withdrawal and account extension.
3 min read5 Jan 2019Interest rate on 1-year post office time deposit has been hiked to 7% while PPF and Sukanya Samriddhi account fetch 8% and 8.5% respectively.
1 min read3 Jan 2019Though the annual internal review is yet to be concluded, there was a good chance the EPF interest rate would be hiked. At the least, it will be retained at the existing level of 8.55%
3 min read2 Jan 2019Investors in 2019, who look at 2018 returns and rush to invest in PPF, FDs and gold, may be making a similar mistake. Instead, a well-balanced portfolio with some investments in safe products and some in equity would be a better choice.
2 min read31 Dec 2018PPF, 5-year post office deposit scheme, National Savings Certificate (NSC), Sukanya Samriddhi Account Scheme and Senior Citizen Savings Scheme are some of the post office schemes that come with income tax benefits
4 min read16 Oct 2018Among tax-saving options, without doubt, ELSS is a superior returning option with a shorter lock-in compared with PPF
2 min read27 Sep 2018Interest rates on various small savings schemes, including PPF, Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Scheme (SSS) have been increased by 40 basis points (bps) for the October-December quarter.
3 min read25 Sep 2018Rates on schemes such as PPF, KVP, NSC, SSS increased by 40 bps for December quarter
2 min read20 Sep 2018PPF currently fetches an interest rate of 7.6%. From the seventh year, an investor can make partial withdrawals from your PPF account
2 min read27 Aug 2018The 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
Till a few years ago, credit cards used to be a rich man's asset. But lifetime free offers and reduced qualifying requirements means that even students can now use them. Over the last couple of years, we have seen a steady rise in savvy usage of credit cards. What used to be restricted to petrol pumps, airline tickets, and some expensive expenditure, turned into rent payments and car purchases. In the chase for reward points, credit card usage turned into a game for many people. Of course, Mint has something for everyone. From students to HNIs, we have it all covered: the advantages, the loopholes, the risks. Read our personal finance team's coverage of credit cards: