Penny stocks can be tempting, but investing in penny stocks can be highly risky. However some investors offered large profits, but it’s important to understand that these results are not assured and often lead to substantial loss.

The Indian government and SEBI released the advisory when it comes to investing in penny stocks. Many penny stocks lack transparency, so thorough research on the company’s fundamentals is essential before investing.

If you want to invest, you can invest in Mutual Funds which can reduce the risk for beginners.

It’s important to resolve any unpaid bills and possible tax problems.
Make sure you have all the receipts and invoices for any kind of unexpected medical bills, purchase of the property, business expenses or any travelling related to your job profile. If you have taken any loan, make sure you have all the valid loan documents.
But if you can't justify your spending, just be honest while filling your tax return. You can get help from a CA regarding tax filling and handling interaction with tax department.

Hi! Here are the few simple ways to get best deal while purchasing form Tanishq:

Some banks provide discounts when you use their Visa Card, so confirm your bank provide an exclusive offers for Tanishq. Choose those credit cards which offers incentives for each rupee you spend. This way you can save money and purchase gift cards. Some website(Amazon, Gyftr) provides discount on gift cards. You can take Tanishq’s Magnus Lifetime card initiative as it gives you 2% rebate on every transaction you make(except on gold), which overtime may add up. Tanishq gives you discount on your new purchase by exchanging your old gold jewelry. It offers discounts on some holidays like Akshaya Tritiya and Diwali.

To get the maximum savings and benefits on your ICICI home loan, look into Flexi options offered by ICICI, this helps you prepay without impacting your ECS.

For daily interest, you can contact ICICI or can check online banking for your loan account details. The bank will provide you with daily interest calculation details.

To know the EMI breakdown, your loan agreement shows you the EMI breakdown (principal+ interest).There are usually no charges for paying within the due date.

The Indian government sets the PPF interest rate, which is now 7.1%.Mostly all the banks and post offices have PPF account facility and offer the same interest rate and have minimum yearly deposit of Rs. 500 and a maximum of Rs. 1.5 lakh.

The lock-in period for PPF account is 15 years. Partial withdrawal allowed after the 7th financial year. Different banks have different withdrawal penalties. But if you withdrawn before completion of 5 years then there is a penalty of 1% of amount withdrawn.

Banks provide the facility of premature closure which is allowed after 5 years for some major reasons like higher education or serious illness.

There are some banks which allow opening the PPF account online, but physical verification at the branch might be mandatory.

Hi

In terms of your situation, there are number of factors you can consider for tax saving and financial planning. Both you and your wife, as co-owners can claim the tax deductions individually and doubling the tax benefit.

Under section 24B you can claim the deduction up to Rs. 2 lakh on interest paid and Under section 80C you can claim Rs. 1.5 lakh on principal. Choosing different banks won’t result in direct rise in your tax savings. As it provides additional advantages and better interest rates. Under Section 80D, your wife is eligible to deduct the premiums paid for their health insurance coverage from her taxes.

In the end, just remember to take advantage of the deductions available under sections 80C and 24B to maximize the tax benefits of your home loan.

Hi
There are some foreign transaction fees associated with regular credit cards. To avoid this fee you can consider the SBI Card Elite card as it provides less foreign exchange markup of 1.99%. Then there is Axis Bank Miles & More World Credit Card which offers you a low forex markup of 1.99%. Induslnd Bank’s Signature Credit Card also offers you a lower forex fee.

Before using any card for an international transaction, always make sure you are aware of the exact fees involved.

Bank of Baroda and Axis Bank offer Rupay credit cards, but linking them to UPI isn't currently supported. Just check with your bank directly to see if there are any planned updates for UPI compatibility.

SBI Bank currently offers a 2.70 to 2.75% interest rate on savings accounts per year. Your account balance determines the interest rate on your savings account. SBI bank can revise the interest rates from time to time, so it’s better to check the interest rate on their official website: https://sbi.co.in/web/interest-rates/interest-rates/deposit-rates

To renew your car insurance compare the quotes from different provides like Policybazar, Coverfox. Some other insurance providers are HDFC Ergo, ICICI Lombard, and Tata AIG. You can choose for them also, but choose the best deal with good coverage, a good claim settlement ratio, and a good network for cashless garages near you.

Your needs will decide which insurance is suitable for you. But before opting for any insurance compare the plans from different companies and then choose accordingly. Thoroughly read all the terms and conditions as health insurance mainly depends on your age and your medical history. Here are some factors that you need to consider before buying health insurance:

Pre and Post hospitalization coverage, wide range of coverage, Easy claim process, Good network of hospitals, cashless health insurance plans, Add-on covers, and many more.

Some popular health insurance options are:

HDFC Ergo Optima Secure: Provides good coverage and network, pre and post-hospitalization coverage. It’s overall good. Star Health Assure: provides good wellness programs and gives you add-on cover options. Care Supreme: Provides family coverage with affordable options.

The HDFC Bank Platinum Plus Credit Card provides wide range of benefits and cashback offers for bill payments and for online shopping.

For online shopping. you can earn 3 reward points for every Rs. 150 you spend.
For online bill payment, there is an PayZapp (HDFC Bank’s app), where you can get a cashback and good offers.

To get the more accurate information, its better to check the official website of HDFC Bank.

According to your investment capacity and requirement, the National Pension Scheme is a perfect option for you. NPS offers tax benefits and a pension after retirement. ELSS funds and PPF are also good options to save money for your retirement. These entire schemes are tax saving investments. To understand all the schemes well, it’s better to consult a financial advisor.

To check your CIBIL score for free, there are many reliable platforms available in India. Websites like the CIBIL (official website), CRED, PaisaBazaar, and some financial institutions, including banks.

To improve the CIBIL score, follow some rules like paying the bills on time, reducing the usage of credit, avoiding multiple loan applications, and maintaining a healthy credit mix.

The travel-focused credit card is ideal for you. There are many good options for you; Air India SBI Signature Card, Axis Bank Vistara Signature Card or HDFC Regalia. They have additional benefits like lounge access, reward points and gives you amazing discounts on flights and hotels. Compare all the features of these credit cards like features, fees and rewards and then choose the best credit card according to your requirement.

If the money was debited from your account, and the contact number on which you transferred the money, which is not linked to their bank account, that means money is send to the wrong account.

Tell your sister to contact to Phonepe customer service term and share your issue. They can easily track the transaction. They can initiate the refund process. Also contact your bank and inform them about the refund and let them know it was an unauthorized action.

Verify that your card is active, online payments option are enabled also check that you are entering correct card details. Check all these reasons. And if the problem persist, contact HDFC customer support to resolve this issue.

FDs are safe, but you need to diversify your investment to get better returns and risk management. With FDs your can secure your future and it’s a good idea. To understand the FD Taxation and Planning, you need to understand these points:

If your total FD interest exceeds to Rs.40,000 then bank will deduct 10% TDS annually. There is a a procedure of taxation on maturity of your FD. Your annual tax liability may vary. So its better to do some -tax saving investments like PPF and ELSS.

Hi

Starting early with NPS is a wise decision because of the power of compounding. Long-term, consistent investing can greatly increase your retirement funds. And investing $7,500 per month for 35 years could result in a substantial capital gain.

Annuity rates, Expected results and Tax effects are some factors from which you need to calculate the precise monthly pension and total capital from your NPS contribution.

You can consider banks like HDFC, ICICI, Axis Bank or SBI for a savings account. These banks offer great debit card offers and rewards for online shopping.

I would suggest you consider HDFC Bank for opening a saving account. As HDFC bank is known for frequently offering discounts and offers you a great deals on Amazon, Flipkart etc.

But before selecting any bank, it’s better to do a comparison of their features, charges, online banking services and customer care services.