Personal Finance - creditmoneyfinance.com

RBI Allows Silver as Loan Collateral – A New Era for Metal-Backed Financing

Business And Economic News, Personal Finance, Real Estate and Property / Leave a Comment

RBI Allows Silver as Loan Collateral – A New Era for Metal-Backed Financing In a significant move aimed at expanding access to credit and diversifying collateral options, the Reserve Bank of India (RBI) has approved the use of silver as collateral for loans. This decision allows banks and Non-Banking Financial Companies (NBFCs) to extend loans […]

RBI Allows Silver as Loan Collateral – A New Era for Metal-Backed Financing Read More »

New Banking Change: Multiple Nominations, Clearer Succession & Stronger Governance from Nov 1, 2025

Business And Economic News, Government Policy & Regulations and Taxation, Personal Finance / Leave a Comment

New Banking Change: Multiple Nominations, Clearer Succession & Stronger Governance from Nov 1, 2025 Starting November 1, 2025, India’s banking landscape will see a major shift under the Banking Laws (Amendment) Act, 2025.. giving depositors more control, clarity, and protection over their money and nominations. Effective November 1, 2025, the Banking Laws (Amendment) Act, 2025,

New Banking Change: Multiple Nominations, Clearer Succession & Stronger Governance from Nov 1, 2025 Read More »

9 Lessons That Changed How I See Wealth.

Habits of the Highly Successful, Personal Finance / Leave a Comment

9 Lessons That Changed How I See Wealth. Wealth is more than just money; it encompasses a sense of control over one’s time, peace of mind, health, strong relationships, and the freedom to live a life aligned with your values and passions. It includes intangible assets like experiences, memories, and inner contentment, which money cannot

9 Lessons That Changed How I See Wealth. Read More »

Save Taxes, Secure Your Child’s Future: The Smart Way to Invest

Personal Finance / Leave a Comment

Save Taxes, Secure Your Child’s Future: The Smart Way to Invest To save taxes and build a secure financial future for your child, consider a combination of government-backed schemes, insurance products, and mutual funds. Starting early is key to maximizing the power of compounding and accumulating a substantial corpus over time. As a parent, you

Save Taxes, Secure Your Child’s Future: The Smart Way to Invest Read More »

Unlocking Tax Savings: Income-Tax Benefits for Individuals & HUFs

Personal Finance, Government Policy & Regulations and Taxation / Leave a Comment

Unlocking Tax Savings: Income-Tax Benefits for Individuals & HUFs Are you aware of the tax benefits available to you as an individual or a Hindu Undivided Family (HUF)? The tax system provides several reliefs to help you save money. Let’s break it down: Key Reliefs to Know Basic Exemption Limits : – General individual/HUF: ₹

Unlocking Tax Savings: Income-Tax Benefits for Individuals & HUFs Read More »

Bank Transactions That Trigger Income Tax Scrutiny

Personal Finance, Government Policy & Regulations and Taxation / Leave a Comment

Bank Transactions That Trigger Income Tax Scrutiny The Income Tax Department closely monitors bank transactions to prevent tax evasion and ensure compliance. Here are 9 common transactions that can trigger scrutiny : 1. Large Cash Deposits: Depositing ₹10 lakh or more in cash in your savings account in a financial year can lead to reporting

Bank Transactions That Trigger Income Tax Scrutiny Read More »

The Smart Way to Wealth: Mastering Good Loans in India that can help you to grow your wealth

Personal Finance / Leave a Comment

The Smart Way to Wealth: Mastering Good Loans in India that can help you to grow your wealth In India, a significant number of people rely on loans to purchase big-ticket items, with 70% of iPhones and 80% of cars being bought on loans. However, the key to financial success lies in understanding the difference

The Smart Way to Wealth: Mastering Good Loans in India that can help you to grow your wealth Read More »

India’s Wealth Shifts Inward: Domestic Engine Roars, But Investor Behavior Lags Behind

Business And Economic News, Personal Finance, Stock Market News / Leave a Comment

India’s Wealth Shifts Inward: Domestic Engine Roars, But Investor Behavior Lags Behind India’s wealth landscape is undergoing a significant transformation, with domestic investors driving growth and shifting towards riskier assets. Here are the key trends: Domestic Investment Surge: Monthly SIP investments are expected to reach ₹48,000 crore, contributing to a projected ₹54 lakh crore in

India’s Wealth Shifts Inward: Domestic Engine Roars, But Investor Behavior Lags Behind Read More »