Personal Loan

TDS on mutual fund investment: 5 things to know [ad_1] [ad_2]

These banks have revised FD interest rates in the last one week [ad_1] There is no doubt that the era of low FD interest rates is far behind us, and FD investors may look forward to brighter times in the future. Investors in fixed deposits are celebrating the dramatic increase in interest rates. The rate raise momentum that began in ...

Canara Bank FD interest rates: Canara Bank hikes FD interest rate by 55 bps on this tenure [ad_1] Canara Bank, a public sector bank, has increased interest rates on fixed deposits under Rs 2 crore. The new rates are effective from December 19, 2022, according to the bank’s official website. The bank offers interest rates on deposits maturing in 7 ...

8.3% FD interest rate for super senior citizens: 4 banks offering best FD rate for those above 80 years [ad_1] It is a known fact that most of the banks offer higher fixed deposit (FD) interest rates to senior citizens. However, there are banks that offer higher interest rate to super senior citizen customers. The higher rates vary between 0.50-0.75 ...

What are the rights of an employee fired from the job? [ad_1] We have lately heard a lot of news about mass layoffs at various information technology companies. This indicates that abrupt job losses can happen even in such sectors. However, not many employees are aware of their rights when they get fired without any notice or if they get ...

Why bank FD interest rates can’t match debt mutual fund returns [ad_1] Indian investors just can’t have enough of fixed deposits. According to a Crisil report, nearly Rs.170 lakh crore is lying in bank deposits across the country, which is more than the Rs.135 lakh crore combined investments in mutual funds, life insurance, retirement schemes and alternative investment funds. The ...

There are investors who behave like fools chasing loss-making businesses [ad_1] As the Indian stock markets zoom up, their divergence from the sad state of last year’s star digital IPOs gets wider and wider. Nothing strange in this because what happens in the financial markets is just a reflection of what’s happening (or is going to happen) in the real ...

10 metrics of prudent financial management [ad_1] ET Wealth lists 10 metrics of prudent financial management that will ensure a smooth ride. 6 months’ emergency fund You must build an emergency corpus that should be used only in case of a contingency, such as a hospitalisation. It’s best to put this money in liquid instruments. Since the pandemic, most experts ...

How to plan your finances before taking a sabbatical [ad_1] Naman, a senior relationship manager with a private bank, wants to pursue an MBA programme to further his career prospects. He is single but provides financial support to his parents and pays the EMIs for the house where he currently resides. His investments have primarily been the mandatory retirement and ...

Now is a good time to lock into debt mutual funds at high rates: Here are the best debt MFs [ad_1] This year has not been very good for debt funds. The flurry of interest rate hikes in 2022 pushed up bond yields and depressed the returns of debt funds. Most debt fund categories delivered less than 5% returns even ...