Finfluencers Simplify Financial Jargons But SEBI Must Ensure Guidelines Are Adhered To: Ex-BARC India CEO

[ad_1] If you open Twitter, Facebook, LinkedIn or YouTube, you are likely to come across an influencer who will be telling you where to invest, where not and what to do with your money and what not. In recent years, a new breed of influencers has emerged on social media platforms, attracting a growing number … Read more

Social Security phone service disruptions led to dropped calls, longer wait times, report finds

[ad_1] Thanasis Zovoilis | Getty Callers who have sought help from the Social Security Administration in recent years have reported long wait times, dropped calls and inability to access the agency’s services. A new report from the Social Security Administration Office of the Inspector General finds the agency experienced more than 40 telephone system disruptions … Read more

Know all about Income from House Property before filing ITR

[ad_1] Just like any other income source, income from a house property is also subject to taxation under the Income Tax Act 1961. As a part of this, while the annual value of a property is its taxable value, the owner who receives the income from the property becomes liable to pay the applicable taxes. … Read more

This 36-year-old bought an abandoned house for just $1 and fully renovated it—look inside her ‘dream home’

[ad_1] In February 2020, I officially got the keys to my new home: a two-bedroom, 796-square-foot Victorian house that I bought for £1. The sale was part of the “homes for a pound” program created to revive the Webster Triangle, a small run-down area in Liverpool, England. But there was a catch: the house was … Read more

Planning To Invest In Fixed Deposits? 8 Disadvantages You Should Be Aware Of

[ad_1] Your fixed deposit will be subject to tax deducted at source If you are looking to invest in a fixed deposit scheme, you need to be aware of the negative points of the option before you make any decision. Fixed deposits are an attractive investment option and offer regular returns. These deposits are a … Read more

A husband hid $500,000 in bitcoin during a divorce — and got busted by a crypto hunter

[ad_1] A few months into her divorce proceedings, Sarita thought it was suspicious that her spouse, who earned $3 million annually, didn’t have many assets. After spending half a year on discovery and enlisting the help of a forensic accountant, the New York housewife eventually tracked down 12 bitcoins — then worth half a million … Read more

Bearer’s Cheques: Here’s Your Guide To Withdrawal Limits

[ad_1] There is no service charge on issuance or clearing of bearer’s cheques. (Representative image) Bearer’s cheques are different from other cheques. A bearer’s cheque allows the person who submits the document to the bank to withdraw the money. These cheques have the words “or bearer” printed on them and are only transferable by … Read more

Are Gifts By Your Spouse Or Family Members Taxable? Here’s What IT Department Says

[ad_1] Monetary gifts received on occasions like birthday, anniversary, etc. will be charged to tax. (Representative image) Gifts received on the occasion of a person’s marriage will not be subject to taxation. It’s always a nice feeling to get gifts but one thing that often leaves taxpayers confused is the taxability of these presents. That … Read more

Despite Low Interest, 26% People Prefer To Park Money In Savings Account, Says Report

[ad_1] A significant proportion of consumers plan to park their funds in savings accounts, while a smaller percentage plan to invest in their own business or in health and life insurance. A new report revealed insights on consumer investment plans for the new financial year, perceptions on education infrastructure in India, and their interaction with … Read more

Money-Saving Mantra: Special Schemes For Women Offered By Banks And NBFCs

[ad_1] Leading banks offer lower interest rates on loans to female borrowers as part of their specialised schemes. (Representative image) Apart from banks and NBFCs, the government also offers some relief to women in terms of tax concessions. Many banks and non-banking financial companies (NBFCs) in India provide specialised schemes for women, with the aim … Read more