The Reserve Bank of India (RBI) raised the repo rate from 5.25% to 5.50% on October 7, 2026, an increase of 25 basis points. For a homebuyer, this 0.25 percentage-point increase immediately impacts your home loan. A change in the loan rate can increase your home loan EMI, extend the repayment tenure, or affect both, […]
While reviewing your salary structure, you may be given the option to allocate a portion of your compensation towards certain benefits. Should you choose these options, and will doing so actually reduce the tax deducted from your salary? These choices may be offered through a Flexible Benefit Plan (FBP). But does choosing these benefits actually […]
Key takeaways Receiving money from a parent, sibling, friend or another family member may feel like a straightforward transfer, especially when it is meant to support a home purchase, meet a financial need or simply pass on family wealth. But a large transfer can have different tax implications depending on who gives it and why […]
See how increasing your SIP contribution each year can help you build a larger corpus for long-term financial goals.
A ₹60,000 phone is available for ₹10,000 a month for six months on zero-cost EMI. Paying the same ₹60,000 over time sounds like an easy choice, but does zero cost mean the credit itself costs you nothing? A zero-cost or no-cost EMI offer usually involves an interest component on the credit card EMI and an […]
Financial calculators help you check whether your income can support your financial needs
