AI chatbots can assist with financial advice but should not replace professional guidance. Their effectiveness depends on user prompts; poor questions may lead to inaccurate responses.
A strong credit score opens doors to better loans, but lenders now assess more than numbers. This article explains key factors behind loan approval, including income stability, repayment behaviour, credit utilisation, and overall financial health.
According to Mrinal Mehta, Joint Secretary at the Bombay Chartered Accountants’ Society (BCAS), the Income Tax Department tracks spending patterns and high-value transactions, making return filing mandatory in several situations even when taxable income is low or nil.
A Double Taxation Avoidance Agreement (DTAA) is a bilateral tax treaty signed between India and another country. Its purpose is to define how different types of income earned across borders will be taxed and to provide relief where the same…
Hidden investments can become difficult to trace after an investor’s passing. A Consolidated Account Statement (CAS) helps legal heirs identify, track and claim mutual funds, securities and demat holdings linked to the deceased investor’s PAN.
New fund houses may offer innovative products and investment styles, but investors should scrutinize track records, investment philosophy, process and management before investing.
A mutual fund factsheet is published by an Asset Management Company (AMC) every month. It provides a snapshot of a scheme’s performance, portfolio, and risk metrics. It helps investors understand how the fund is managed and how it has performed…
As India’s wealthy turn to PMS for concentrated bets, investors must look beyond returns and assess tax efficiency, deployment strategy and capacity discipline.
Choose the right personal loan for your financial goals. Comparing interest rates, loan tenure, repayment flexibility and processing charges can help reduce costs, improve affordability and support better long-term financial planning.
The Boss Scam turns trust into a cyber threat by targeting victims through fake authority. This article explains how fraudsters impersonate CEOs and regulators using urgent messages. It also highlights simple steps to prevent cyber fraud and financial losses.
