Hike Interest Rates on PPF, SCSS: RBI to Banks
The Reserve Bank of India (RBI) has directed banks to increase interest rates on Public Provident Fund (PPF) and Senior
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Six Mistakes Teenagers Do While Handling Money
Are you a spendthrift? Do you spend money lavishly? If your answer is ‘Yes’, you need to seriously control your
Read moreInflation – The Killer of Savings
Inflation is a global phenomenon. Inflation is a word that scares the middle class working for fixed incomes. Inflation, as
Read moreNo Relief for Existing Home Loan Borrowers
When it comes to increasing home loan rates, banks follow an across-the-board policy and hike rates for all and sundry
Read moreService Tax Hike Affects Household Budgets
With hike in service tax, majority of women are struggling with their household budget and finding it difficult to cope
Read moreGovt. Introduced New Column for Foreign Assets in Income Tax Forms
In its efforts to check black money stored in foreign banks, Government has introduced a new column seeking details of
Read moreP-Note Holders Not Liable to Pay Tax in India: Finance Minister
The Finance Minister on 30th March said that Participatory-note (P-note) holders are not liable to pay tax. He clarified the
Read more6 Things on Which People Overspend the Most
It is quite common that we overspend more on the things which we don’t need than on the things we
Read moreThird Party Motor Premiums Will Rise From April 1
IRDA, the insurance regulator has notified new rates for motor third-party premium. The rates will go up from 5% to
Read moreCVC Reconstitutes Advisory Board to Check Fraud
The Central Vigilance Commission (CVC) has reconstituted an advisory board to help the CBI in searching cases related to bank,
Read moreSBI Allows its Existing Home Loan Buyers to Switch to Floating Rates
The State Bank of India (SBI) decided to let its existing home loan buyers to switch over to the new
Read moreGold Jewellers Extended Strike Till 31st March
Recently, on March 16th, the Finance Minister while announcing the budget proposed that excise duty of 1% on unbranded precious
Read moreSavings Addiction – Are You One of Those Spending More Trying to Save Money?
Savings addiction is a rapidly growing concern mostly seen in urban areas. There are people who overspend money on items that are on discount or sale. They become addicted to this purchasing behaviour and buy things they don’t actually need or use
Read moreWhy People Become Spendthrift?
Spendthrift is a person careless with his money. He spends money carelessly to get instant gratification and is not worried of how his bills or debt will be paid in future. This uncontrolled spending behavior has an underlying psychological or emotional motivation. Know why people become spendthrifts in this article
Read moreCommon Bad Attitudes Towards Money
Today, we can see many people who have messed up with their personal finance and leading a stressful life. If you carefully observe, you can see some common attitudes among them towards personal finance. Know what these attitudes are and overcome them to set your financial life right
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