Should fintech firms lend to customers with low credit score?

Fintech companies and a few other lenders see this segment as an untapped market opportunity.It is unhealthy for the fintech if they don’t analyse and have segment-wise interest rates Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

Read More

How costs of ETFs and index funds stack up

Both exchange-traded funds and index funds try to replicate the index that they track, but the costs associated with them are different.Total cost of ownership includes external costs of owning an ETF, but this is not included in TER (total expense ratio) Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

Read More

Five money resolutions to make and keep in the new fiscal year

The start of a new FY is a good time to review your investment portfolio and sync it with your goals.Financial planning is not a one-time process, you need to keep revisiting your plan time and again to evaluate it Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

Read More

There is no income tax benefit available on medical expenses incurred on grandparents

Section 80D of the Income-tax Act provides a deduction of up to ₹30,000 towards medical expenditure incurred on the health of parents who are senior citizens.If the expenses are incurred by the father, he can opt to claim the deductions from his taxable income Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

Read More

Use Form 15G or 15H to avoid TDS if your total income is not taxable

Form 15G is for those who are younger than 60 years and form 15H is for those above 60 years of age..The form needs to be submitted separately for different sources of income Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

Read More
1 243 244 245