Personal Finance

NRIs should check their tax residency certificates for compliance |  Personal finance

NRIs should check their tax residency certificates for compliance | Personal finance

In a recent decision, the Income Tax Appeal Tribunal (ITAT) granted relief to an individual earning income abroad. According to the ITAT, salary income earned by a ‘non-resident’ for services rendered abroad cannot be taxed in India. An Indian company assigned a non-resident employee to work in Austria and the company paid the employee’s salary […]

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Today’s Best Savings Rates, February 22, 2024: Don’t Miss Up to 5.35% APY

Today’s Best Savings Rates, February 22, 2024: Don’t Miss Up to 5.35% APY

The best high-yield savings accounts can help you grow your savings faster than traditional savings accounts. And if you earn little interest in your current savings account or next to nothing in your checking account, you could be missing out. J Studios/Getty Images Consider that the national savings rate is 0.46% annual percentage yield, or

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CD Rates Today, February 22, 2024: Get Up to 5.5% APY with These Top Accounts

CD Rates Today, February 22, 2024: Get Up to 5.5% APY with These Top Accounts

Certificate of deposit rates aren’t what they used to be, but you can still get a high score if you know where to look. Zooey Liao/CNET While rates have been declining since late 2023, they remain high in CD terms. By opening an account now, you can lock in an even higher rate and protect

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Personal Finance: Don’t Try to “Keep Up with the Joneses”

Personal Finance: Don’t Try to “Keep Up with the Joneses”

In 2018, the Federal Reserve Bank of Philadelphia released a study titled Peer income and financial hardship: Evidence from lottery winners and near misses. In the paper, the authors describe how individuals are more likely to go bankrupt when their neighbors win the lottery. While somewhat surprising, this dynamic reflects a well-known cliché in personal

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A third of retirees are thinking of returning to work.  You should?

A third of retirees are thinking of returning to work. You should?

What do you think of when you hear the word “retirement”? Is it filling your desk at work and settling into a comfortable, non-routine of fun vacations, dining out, and pursuing your hobbies, never reporting to a boss again? Many American retirees have a different picture of their retirement years. According to data aggregated by

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Interest rates on personal loans Thursday 22 February 2024

Interest rates on personal loans Thursday 22 February 2024

Our experts answer readers’ personal loan questions and write impartial product reviews (here’s how we rate personal loans). In some cases, we receive a commission from our partners; however, our opinions are our own. Personal loan rates are very dependent on the borrower: rates for the best personal loans tend to be around 6%, and

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The integrated and engaging future of personal finance

The integrated and engaging future of personal finance

Ronen Assia, Managing Partner at Team8, delves into the potential of artificial intelligence and machine learning in transforming the financial sector. PFM 1.0 is nearing its end and a new field in immersive personal finance is emerging. The recent announcement that Mint would bent in credit KarmaOpens a new window brings to an end the

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