Tamilnad Mercantile Bank has rolled out a special deposit scheme offering a 456‑day tenor with an attractive rate of 7.50% specifically for senior citizens. This option is designed for depositors seeking a short‑to‑medium term, relatively higher yield than typical savings accounts while keeping capital safety intact. Key details of the 456‑day special deposit Tenor: 456 … Read more
Why conservative investors are rethinking fixed income Interest rates have been drifting down in many markets. That’s good for bond prices, but not always for the returns investors actually keep. When you factor in taxes, inflation and fees, the real income from traditional debt instruments can look thin. For conservative savers who want a little … Read more
Misdirected UPI payments are a common headache. Because UPI moves money instantly, a simple mistype can send funds to the wrong virtual payment address. That transfer isn’t always reversible — and delays in reporting the mistake make recovery harder. Below is a clear guide to how recovery works, why time matters, and practical steps you … Read more
Why behavioural bias matters for your long-term wealth Investing is as much a psychological game as it is a mathematical one. Small, repeated mistakes driven by emotion or social pressure can compound into large shortfalls over decades. One of the most damaging patterns is waiting to get into a winning theme until everyone else is … Read more
Investors who want steady, predictable outcomes from fixed-income investing are increasingly looking at alternatives to conventional debt mutual funds. One structure that stands out is RDG, which, unlike actively managed debt funds, can allow investors to hold individual securities to maturity and collect the contracted cash flows — as long as they do not exit … Read more
If you own Gold ETFs and sell them after holding for more than a year, the profit you make is treated as long-term capital gain (LTCG) and taxed in India at 12.5%. That simple rule has practical implications for investors who use ETFs as a way to access gold without buying the physical metal. What … Read more
Waiting for an income tax refund can be frustrating. In many cases delays happen not because the tax department is slow on purpose, but because the return hasn’t been fully processed or there are mismatches or non-compliance issues in the filing. Understanding the typical causes and the steps you can take helps reduce the wait … Read more
How the Repealing and Amending Act, 2025 Affects Inheritance The recent legislative changes have removed many outdated provisions and streamlined parts of inheritance law. For a large number of simple estates, the result is welcome: fewer formalities, quicker transfers, and lower transaction costs. But the same simplification can create problems when estates are complex, spread … Read more
Understanding the ₹50,000 gift rule If you receive money without giving anything in return, the taxman may take an interest. When the total value of such receipts in a financial year crosses ₹50,000, the amount becomes taxable in the hands of the recipient — unless the money comes from a close relative. This rule aims … Read more
Markets sitting near record highs often spark the same question: should I wait for a better entry point, or jump in now? While the urge to time the market is natural, decades of market data point to a clear lesson: trying to pick the perfect moment often costs more than staying invested through the highs … Read more