Articles for Your Income

Missed filing tax returns in July? File your belated ITR for FY24 by December 31
Trending News
4 days, 17 hours ago

Missed filing tax returns in July? File your belated ITR for FY24 by December 31

India Today  

If you missed the deadline to file your Income Tax Return for the financial year 2023-24 in July, you still have an opportunity to make amends. The Income Tax Department allows taxpayers to file a belated ITR by December 31, 2024. CONSEQUENCES OF LATE FILING Late filing fee As per Section 234F of the Income Tax Act, individuals filing their …

Tax Income Interest File Itr Ensure Your Income
How to get a personal loan if you don't meet eligibility criteria? Here are 8 easy steps
5 days, 17 hours ago

How to get a personal loan if you don't meet eligibility criteria? Here are 8 easy steps

India TV News  

Getting turned down for a personal loan can be frustrating, but not meeting the right standards doesn’t mean all hope is lost. Banks and financial institutions check a variety of factors such as your credit score, income, existing debts and documents before approving a loan. Consider low-cost loans If your income or credit score can’t support the amount of loan …

Financial Loans Loan Credit Score Your Credit Score Improve Your Income
Personal loan eligibility: How does having a co-borrower affect your chances?
1 week, 6 days ago

Personal loan eligibility: How does having a co-borrower affect your chances?

Live Mint  

Although applying for a personal loan might seem like a pretty big financial decision, having a co-borrower with you could make the process go easier. Let's see how adding a co-borrower to your application would increase the chances of it getting approved and even possibly make the loan conditions better. Higher interest rates: Better loan terms, whereby the interest rates …

Personal Financial Credit Personal Loans Loans Income Loan Eligibility
Think you know credit scores? These 9 facts will surprise you
1 week, 6 days ago

Think you know credit scores? These 9 facts will surprise you

Live Mint  

Whenever you apply for a loan or a credit card, your credit score plays an important role in determining whether the bank will approve or reject your application. No loan or credit card equals no credit score To build and maintain a good credit score, you have to avail a loan or use a credit card regularly. A high credit …

Impact Information Loans Loan Credit Score Credit Cards Card
Insurance mis-selling can trap you! Follow these tips to ensure the right plan. Check coverage exclusions & inclusions
1 month ago

Insurance mis-selling can trap you! Follow these tips to ensure the right plan. Check coverage exclusions & inclusions

Live Mint  

At a recent event in Mumbai, Union Finance Minister Nirmala Sitharaman flagged mis-selling of financial products, particularly related to insurance. "Term insurance becomes increasingly crucial for high-income earners whose monthly income is more than ₹1 lakh as their financial liabilities and lifestyle expectations are usually greater. Factor in the uncertainties Another factor worth considering is that loans and other liabilities …

Policy Income Plan Cover Your Income Term Insurance
How to apply for a personal loan? A step-by-step guide
1 month ago

How to apply for a personal loan? A step-by-step guide

Live Mint  

A personal loan is an option you can consider if you want quick funds without guaranteeing a collateral. The process of applying for a personal loan involves steps which revolve around your income, employment, age, credit score and other criteria set by the bank. Personal loan online Loan eligibility:Visit the lender’s website and check for the personal loan eligibility criteria. …

India Personal Loans Documents Loans Application Loan Personal Loan
Money Talk: A retirement catch-22 and health savings accounts
3 months ago

Money Talk: A retirement catch-22 and health savings accounts

LA Times  

To pay for their dream retirement home, a couple needs to tap their IRAs, but withdrawing the money will mean higher Medicare premiums. Answer: You have the right to appeal an increase in your premiums, but successful appeals usually require someone to have experienced a drop in income due to retirement, a spouse’s death or divorce, for example. Spreading the …

Benefits Retirement Medical Medicare Tax Social Security Income
The Truth About Lifestyle Creep And Your Money
4 months, 2 weeks ago

The Truth About Lifestyle Creep And Your Money

Huff Post  

d3sign via Getty Images Are you experiencing "lifestyle creep"? Although you might attribute that reality to terms like “funflation” and “money dysmorphia,” don’t overlook another insidious trend: lifestyle creep. “Lifestyle creep refers to the fact that we often spend more money as our income rises,” said Kimberly Palmer, a personal finance expert at NerdWallet. “Lifestyle creep can happen as a …

Lifestyle Financial Money Spending Kennedy Your Income Creep
Make Money And Secure Future: 11 Personal Finance Rules Everyone Should Know
4 months, 3 weeks ago

Make Money And Secure Future: 11 Personal Finance Rules Everyone Should Know

ABP News  

11 Personal Finance Rules: Understanding personal finance is important because it empowers you to make informed decisions about your money, leading to greater financial stability and security. For instance, at an 8 per cent interest rate, it will take 9 years to double your money. 3) 4 Per Cent Withdrawal Rule To achieve financial freedom, you need a corpus of …

Finance Personal Personal Finance Money Income Cent Rate
Top 7 Long-Term Financial Strategies For Students: Avoid Debt, Open Savings Account And More
4 months, 3 weeks ago

Top 7 Long-Term Financial Strategies For Students: Avoid Debt, Open Savings Account And More

ABP News  

Top Long-Term Financial Strategies For Students: In today's world, financial goals are not just a luxury but a necessity for anyone striving for financial security. Understanding how to set financial goals and the types of goals to aim for can help students create that road map and stay on track. By setting and working toward these financial goals, students can …

Students Financial Savings Saving Goals Your Income Financial Goals
Budget 2024 | Old or new tax regime: Which will be more beneficial for you? Know here
4 months, 4 weeks ago

Budget 2024 | Old or new tax regime: Which will be more beneficial for you? Know here

India TV News  

Budget 2024: In the Budget, Finance Minister Nirmala Sitharaman did not make any changes in the old tax regime but increased the exemption limit in the new tax regime, making it more advantageous than before. Proposed tax structure under new tax system 0-3 lakh: Nil 3-7 lakh: 5% 7-10 lakh: 10% 1-12 lakh 15% 12-15 lakh 20% Above 15 lakh: …

Tax Budget Old Lakh Regime Your Income New Tax Regime
Looking to take charge of your money? Here are three different budgeting methods you could try
5 months, 2 weeks ago

Looking to take charge of your money? Here are three different budgeting methods you could try

ABC  

With the cost-of-living crisis continuing to bite, many Australians are watching their spending. This might include rent/mortgage, electricity, subscriptions, insurances, school fees, groceries and more Understand what you have and what you owe Create financial goals you're excited about achieving and figure out what that means for the next 12 months Set up bank accounts for your everyday expenses, bills, …

Money Budget Pay Income Budgeting Way James
The Best Financial Advice For Every Decade Of Your Life
5 months, 4 weeks ago

The Best Financial Advice For Every Decade Of Your Life

Huff Post  

LOADING ERROR LOADING Personal finance is a lifelong journey that evolves with each passing decade. “When you’re in your twenties you may want to prioritize travel, concerts, bachelorette parties or celebrations with friends – determine what means the most to you and where you want to allocate your funds to start saving towards those goals or life moments.” In your …

Retirement Financial Life Savings Money Income Start
ITR Filing 2024: How can you get relief under Section 89(1) for arrear money? A step-by-step guide
7 months ago

ITR Filing 2024: How can you get relief under Section 89(1) for arrear money? A step-by-step guide

Live Mint  

Your tax bill may increase if you receive arrears or additional payments, which would put you in a higher tax bracket. Here’s why receiving arrears or additional payments can increase your tax liability: Tax is calculated on total income: Income tax is determined based on your total taxable income for the year. Relevant income tax provisions For Indian taxpayers who …

Tax Payments Income Tax Relief Income Received Form
I'm 65 with £180k in savings and want to retire next year - how much monthly income can I get?
7 months ago

I'm 65 with £180k in savings and want to retire next year - how much monthly income can I get?

Daily Mail  

I have no dependents and have paid off my mortgage. Reallocation: Chris Peters suggests moving premium bods into an Isa for a regular income Chris Peters, Independent Financial Adviser at Flying Colours replies: When considering your monthly income, it's crucial to pinpoint exactly how much you'll need on top of your pensions. Consider reallocating your premium bonds to a National …

Retirement Savings Tax Money Income Tax Income Interest
’Taxes in real estate not high compared to all subsidies’: Deepak Shenoy counters broker’s queries to FM on high taxes
7 months, 1 week ago

’Taxes in real estate not high compared to all subsidies’: Deepak Shenoy counters broker’s queries to FM on high taxes

Live Mint  

Hours after a worried broker raised concerns about high taxes in share markets and real estate with finance minister Nirmala Sitharaman at a BSE event, Deepak Shenoy has lent a counter-view on the issue saying that ‘taxes are not high at all in real estate’. The market expert took to microblogging platform ‘X’ and said that he himself is not …

Real Estate Tax Taxes Pay High Estate Real
Personal Loan for Self Employed: Here’s what applicants should keep in mind
8 months ago

Personal Loan for Self Employed: Here’s what applicants should keep in mind

Live Mint  

Personal Loan for Self Employed: Although it might present a bit more complexity compared to individuals with conventional employment, lenders are generally open to collaborating with self-employed applicants. When reviewing a personal loan application from a self-employed individual, lenders may scrutinise certain aspects like minimum income, business vintage, credit score, bank statements, and tax returns. Income tax returns, bank statements, …

Business India Personal Financial Credit Personal Loans Loan
How To Improve Your Credit Score? Know Best Range & Bust All Myths Here
8 months, 2 weeks ago

How To Improve Your Credit Score? Know Best Range & Bust All Myths Here

News 18  

Improving your credit score involves building a history of responsible borrowing and managing your credit well. Improving your credit score, whether it’s measured by CIBIL or any other credit bureau like Experian or Equifax, is crucial for accessing favourable financial products and services. Keep credit card balances low: Maintaining high credit card balances relative to your credit limits can negatively …

History Impact Credit Score Your Credit Score Your Credit Report Your Income
Here’s how you can avoid some common money mistakes in the New Year
11 months, 1 week ago

Here’s how you can avoid some common money mistakes in the New Year

Live Mint  

While personal finance strategies can vary based on individual circumstances, here are some personal finance mistakes you should try to steer clear of in 2024. Start a retirement plan by investing in mutual funds or pension plans issued by life insurance companies. Learn about different investment options and create a diversified investment portfolio aligned with your financial goals and risk …

Insurance Financial Investment Debt Goals Plan Avoid
8 ways to plan your finances for a secure and prosperous New Year
1 year ago

8 ways to plan your finances for a secure and prosperous New Year

Live Mint  

As we approach the upcoming New Year, it’s an ideal moment to assess your financial situation and establish goals for the upcoming year. This checklist encompasses: Deciding your financial goals Effective financial planning is essential for successfully navigating various life stages and realizing your financial objectives. Churn your assets for effective portfolio rebalancing Establishing a desired asset allocation and effectively …

Retirement Financial Planning Planning Financial Assets Goals Retirement Planning
Tips to become a crorepati: Adopt these 6 habits to build wealth
1 year, 1 month ago

Tips to become a crorepati: Adopt these 6 habits to build wealth

News 18  

The desire to upskill, dedication to work, frugality, and a disciplined financial practice may help you to become crorepati. Similarly, a disciplined approach towards managing your money could help you build wealth in the long run. Making a budget plan helps you to keep a track of your essential expenses every month and the money you are left with to …

Savings Money Budget Spend Your Money Your Income
World Mental Health Day 2023: How can managing your finances effectively support your mental health?
1 year, 2 months ago

World Mental Health Day 2023: How can managing your finances effectively support your mental health?

Live Mint  

Your thoughts control your behaviour, which is why you must focus on how well your mind responds to fight or flight situations. As the world observes “World Mental Health Day 2023” today, it is essential to evaluate the relationship between mind and money for overall growth. Facilitates goal setting: Armed with a clear picture of your monthly income and expenses, …

Health Expenses Financial Money Income Mental Your Money
Should mutual fund investors raise the amount of SIP along with increase in income? MintGenie explains
1 year, 2 months ago

Should mutual fund investors raise the amount of SIP along with increase in income? MintGenie explains

Live Mint  

Did you recently get an increase in your income? Why should you then raise your SIP now when you are all set to achieve your financial goals without having to do so? On the contrary, they should cap their expenses, and raise investment to achieve financial goals faster, says Sridharan S, a Sebi-registered investment advisor and founder of Wallet Wealth. …

Investment Income Line Increase Raise Your Income Financial Goals
How to achieve freedom from home loan in your 20’s? Here are 5 ways
1 year, 3 months ago

How to achieve freedom from home loan in your 20’s? Here are 5 ways

Live Mint  

Achieving freedom from a home loan in your 20s requires careful financial planning, discipline, and strategic decision-making. In addition to these key points, remember these bonus insights: Emergency fund: Build and maintain an emergency fund alongside your home loan repayment efforts. Additional loans or credit card debt will divert funds away from your home loan repayment goal. In conclusion, achieving …

Financial Debt Loan Income Home Loan Repayment Your Income