Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Lenders use these scores only as a preliminary filter.
With the price of gold entering a strong bull run, gold-loan non-banking financial companies (NBFCs) are under the spotlight, even though their performance is not directly linked to gold price. Muthoot Finance outperformed in the April-June quarter (Q1) of 2025-26 (FY26), with its assets under management (AUM) growing 10 per cent quarter-on-quarter (Q-o-Q) and 42 per cent year-on-year (Y-o-Y), an improvement of 88 basis points (bps) Q-o-Q in net interest margin (NIM), and a fall in credit cost. Gold AUM rose 40 per cent Y-o-Y and 10 per cent Q-o-Q. The company recorded recoveries of 350 crore, including 100 crore from an asset reconstruction company (ARC), resulting in a 100-bp Q-o-Q yield increase.
A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.
Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.
'Lack of self-control over spending leads to a credit card debt trap.' 'People think they have money and spend using a credit card, but when it's time to pay, they realise they don't have the money.'
'Are elections still fair in India, or are we all witness to a macabre style of 'selection' of lawmakers? The jury will be out on this for a long time because there is no definitive evidence on either contention, at least as yet,' notes Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.
Concerned over household savings moving towards alternative investment avenues, RBI Governor Shaktikanta Das on Thursday asked banks to mobilise deposits through innovative products and services by leveraging their vast branch network. "Banks are taking greater recourse to short-term non-retail deposits and other instruments of liability to meet the incremental credit demand. "This, as I emphasised elsewhere, may potentially expose the banking system to structural liquidity issues," he said.
'I don't think it is right to remove him over one lapse. The focus should be on restoring operations, not on removing a key management personnel.'
The first cloud-seeding trial has been conducted in parts of Delhi, including Burari and Karol Bagh areas, aimed at inducing artificial rain to tackle air pollution.
'They are positioned as defensive products and can potentially give marginally higher returns than liquid funds.'
A 32-year-old Delhi resident was allegedly duped of over Rs 9 lakh by a person posing as the chief of the Anti-Terrorism Squad (ATS) and accusing him of being involved in the Pulwama terror attack.
New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.
'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'
Harshala Chandorkar, Senior Vice President -- Consumer Relations, Communication & CIC Compliance Credit Information Bureau (India) Limited (CIBIL), answers your credit card queries.
'The government is putting insurance in the same category as food, which is essential for life.' 'Now this is an opportunity for the sector to focus on the consumer.'
Murders disguised as accidents. In one horrifying case, a man insured his father, mother, and wife -- then allegedly killed them all. He claimed Rs 54 crore in insurance.
'If all of us (all the 57 Shiv Sena MLAs) stand together we can change the dynamic. We are not afraid of anyone.'
Credit report is a record of an individual's or company's past borrowing and repaying, including information about late payments and bankruptcy. The central bank said it has been receiving complaints, including under RTI Act, that customers are unable to get their own credit report from banks despite the fact that the banks, under Credit Information Companies Act, are required to build a database and be in readiness for effective exchange of credit information.
Now, many of you must be wondering how your credit report will look like, how to go about setting any mistakes in the report right, how to maximise the benefits of being able to access your credit score and other such issues.
The cancellation means the Leh-based institute will no longer be able to receive or utilise foreign funding.
Here's how you can get a copy of your own credit report if you are curious to know about your credit score/credit rating in India.
In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.
You will be able to access your credit scores in December 2010. The score will range from 300 to 900, indicating the levels of default. It will be available to consumers for a sum not exceeding Rs.100 as prescribed by the RBI. CIBIL, which already has a huge database of credit reports - which are currently consulted by banks before sanctioning a loan is putting up the infrastructure to be ready to service consumers who wish to access their credit reports.
A massive controversy is raging in Jammu and Kashmir after a plaque with the Ashoka emblem was vandalised in the Hazratbal shrine as parties on Saturday accused Waqf Board chief Darakshan Andrabi of hurting religious sentiments by using the national emblem in the mosque and demanded registration of a criminal case and her immediate removal.
Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
Maharashtra government to resume payments for most beneficiaries of the Ladki Bahin scheme after verification process found only a small percentage to be ineligible.
'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'
Indian javelin star Neeraj Chopra has been dealing with a back problem for the past two weeks and that might have affected his performance in the World Championships finals in Tokyo on Thursday.
The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.
After Operation Sindoor, the Army and Navy now view the IAF as not a supporting arm, but the spearhead of India's warfighting capability, capable of decisive outcomes across domains, explains Air Commodore Nitin Sathe (retd).
Despite the threat of a pull-out over the fiasco involving match-referee Andy Pycroft, it is understood that PCB is trying to work out a respectable solution by which Pycroft doesn't officiate in their matches.
The UK government on Sunday announced that it will support "iconic British brand" Jaguar Land Rover (JLR) with a loan guarantee of up to 1.5 billion pounds to give certainty to the Tata Motors owned carmaker's supply chain following a devastating cyber-attack. The loan will come from a commercial bank, backed by the Department for Business and Trade's (DBT) Export Development Guarantee (EDG), provided by export credit agency UK Export Finance, to be paid back over five years.
Assam Chief Minister Himanta Biswa Sarma said on Saturday that lookout notices have been issued against North East India Festival organiser Shyamkanu Mahanta and Zubeen Garg's manager Siddharth Sharma in the singer's death case.
'Some buyers get carried away by festival offers and purchase higher variants or larger vehicles than they truly need, which impacts running cost and long-term affordability.'
Errors in filing income-tax returns frequently lead to scrutiny notices, additional liabilities, or delayed refunds.
'The biggest game changer has been the belief among Maoists that they can surrender and join the mainstream'
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.
Before becoming one of Bollywood's most recognisable faces, Shraddha Kapoor once worked as a sandwich maker and barista in the United States - a revelation that has left fans stunned and even momentarily fooled LinkedIn.
Only a limited set of investors should invest directly in corporate bonds.
