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Homec > Spending

Spending

How to generate consolidated statement for all investments
For those investing in MFs through multiple apps or platforms, it is important to regularly monitor their investments. Having all information in one place helps investors manage their investments.
Sharp rise in credit card spend in May
Whether it's online shopping, dining at restaurants, booking flight tickets or purchasing fuel, people are increasingly using credit cards for payments
Smart way to use credit cards by new holders
Credit card is a useful tool for spending if used in a proper and responsible manner. The payment schedule needs to be adhered to and paying just the minimum amount can lead to a debt trap.
Budget 2024: Small taxpayers may reap big benefits
The government is considering measures exceeding ₹50,000 crore in the upcoming budget to boost spending. This includes cuts in tax rates for low-income earners.
Banks want bigger tax breaks on interest
As the demand for loans is increasing rapidly in the country, there is no corresponding increase in deposits. This is causing difficulties for banks in lending funds, hence the demand for tax breaks on intererst income.
Why do UPI transactions fail?
There are two main reasons for UPI transaction failures. First is technical default which occurs due to network-related issues and second is business decline, often caused by user errors.
SIP investments rising, so is SIP stoppage ratio!
This trend is at a time when investment in mutual funds through SIP is at a new high. In May, the SIP stoppage ratio reached a record high of 88.4 percent.
Five features that make SGB investment unbeatable
You'll receive the market value of 999 purity gold decided at that time of redemption or pre-mature redemption
Moonlighting comes under taxman’s glare
Doing additional work and earning is good for financial position but it also needs to be disclosed as income in the ITR
Take maximum advantage of tax saving FD
Tax planning at the beginning of the year help in saving taxes and lead to higher income

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