Dev Ashish News Today

The trend of borrowing money to fund vacations can weigh heavily over the years. The better option may be to look for ways to boost income, create additional avenues for income or create a corpus via recurring deposits or savings schemes. This will be easier than schemes that bear the burden of high interest rates.

An increase of 5-10% in your annual EMI is enough to bring down your home loan interest costs by half. But pre-paying your home loan isn’t just about savings.

Inheritance rights, joint tax benefits and health insurance coverage can be tricky, while long-term financial planning for goals like retirement and buying property can be complicated. Overcoming these requires careful financial planning and legal documentation to ensure stability and security in the long run.

An SWP is a tool that allows one to regularly withdraw a predetermined amount of money from their mutual fund investments over a specific period. It is the other side of the investment equation—the reverse of an SIP—that facilitates a phased exit from investments. Lets consider the multiple benefits of pursuing an SWP.

An SWP is a tool that allows one to regularly withdraw a predetermined amount of money from their mutual fund investments over a specific period. It is the other side of the investment equation—the reverse of an SIP—that facilitates a phased exit from investments. Lets consider the multiple benefits of pursuing an SWP.

Income tax benefits for NPS: You can claim tax deductions against NPS under three sections of the Income-tax Act, 1961 in India: Sections 80CCD (1), 80CCD (1B), and 80CCD (2) under the old income tax regime. Tax deductions for investments in NPS are available under the new income tax regime as well. If you are wondering how to avail of tax deductions for your NPS investment, read here.

While taking out a wedding loan or participating in a ‘Marry now, pay later’ scheme, borrowers must understand key terms such as interest rate, loan amount, and repayment schedule. You should borrow only to pay for the basic expenses and not to fund the showbiz part of the Big Fat Indian Wedding.

Agitated locals in Jaunpur attacked a car driver after he mowed down people standing at a tea stall on Wednesday morning. A video of the incident showed an angry mob attacking the car. Five people were reportedly injured by the speeding car and three among them succumbed to their injuries. Others

Some buy gold on occasions such as Diwali and Dhanteras, while others buy it when prices are attractive or in a bid to collect gold for their children’s wedding. But is investing in gold a good bet?

Recurring deposit in banks vs recurring deposit in post office: Those looking to start an RD mostly tend to think about going to a bank. But it may not always be the prudent option. With the interest rate on post office RDs being increased to 6.7% for the October-December quarter, it may be worth your time to check out the features of a recurring deposit at your nearest post office. Before investing in RD, check where you will get the best deal — bank or post office?