Quick teaser sparks big conversation A one-minute clip shared on X by Nikhil Kamath has set social feeds alight. The short teaser previews a podcast conversation with veteran investor Ray Dalio, touching on topics from crypto to broader ideas about wealth and money. Within hours the clip had gone viral, drawing attention from investors, entrepreneurs … Read more
Global tax reach for RORs: foreign RSU gains are taxable in India If you are a Resident and Ordinarily Resident (ROR) in India, your worldwide income is subject to Indian tax. That rule explicitly covers gains arising from the sale of foreign Restricted Stock Units (RSUs) — so foreign equity awards are not outside the … Read more
Gifts from residents to non-residents: the ₹50,000 trigger and what follows Under the Income Tax Act, a monetary gift received by a person becomes taxable in India when the total received in a financial year from non-relatives exceeds ₹50,000. That rule applies to non-residents as well when the donor is a resident — but there … Read more
What shapes your personal loan EMI? Your monthly EMI on a personal loan is not a one-number fact — it’s the result of several moving parts. The main factors are the loan amount, the interest rate, the tenure (how long you take to repay), your credit score, and any additional fees charged by the lender. … Read more
Income Tax Refunds: Where Things Stand The Income Tax Department has processed a large number of refunds this season, but some taxpayers are still waiting. If your refund is delayed, you may be eligible for interest at 6% per annum. However, interest is not automatic in every situation. Why refunds get delayed Verification or scrutiny … Read more
Six factors that help get your personal loan approved faster Waiting on a personal loan decision can be stressful. Lenders look for signs that you’re low risk and ready to repay. Focus on a few practical moves to speed up approval without compromising your finances. 1. Improve your credit score Your credit score is often … Read more
Why “Credit Limit Extension” Messages Are Risky Fraudsters increasingly use fake offers of credit limit increases to lure people into sharing sensitive information. The message usually promises a quick benefit — a higher limit, better terms, or instant approval — but the goal is to get account details, one-time passwords, or login credentials. Once shared, … Read more
Small rate cut, big choices A 0.25% reduction in lending rates may seem trivial at first glance. The real benefit for borrowers depends on what they do next: reduce the EMI for immediate relief, or keep the EMI unchanged and cut the loan tenure to maximise interest savings. One route eases monthly cash flow; the … Read more
Fixing credit report errors through disputes A credit report dispute is a formal way to challenge inaccurate information on your credit file. When errors are corrected, your credit score and access to fair lending improve. The dispute process also encourages people to check their reports regularly and catch problems early. Why disputes matter Protect your … Read more
Income Tax Department clarifies purpose of recent communications The Income Tax Department has clarified that recent messages and notices sent to taxpayers are intended to help them voluntarily correct any mistakes in their income tax filings. The aim is to make it easier for individuals and businesses to fix errors before they become bigger compliance … Read more