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All you need to know about P2P lending
To spread the risk of default, most platforms offer two options. One is that of a normal marketplace, where individuals can interact individually with the lender/borrower. The other is more similar to regular investing, where you put in a certain amount every month, which then goes to a common lending pool.
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Lost track of your shares, debentures? There’s a way to get them back
As of January 31st, 2023, the IEPF stood at Rs 5,675.25 crore, per Lok Sabha data. The average approval time, in many cases, can go up to 200 days.
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Accident victim? You may get higher payout
While this third party insurance provides for unlimited liability coverage in case of death, calculations for payout for permanent and partial disability are very formulaic and often, seriously inadequate
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Your MUVs are now on GST radar. Know all that changed on GST for utility vehicles
Early analysis suggests that 10 MUVs, produced by 6 makers, namely KIA, Maruti, Mahindra and Toyota are set to see a slight increase in prices. But the announcement has not ruffled many feathers in the auto industry.
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Industry rancorous over 28% GST on online gaming. What does it mean for you?
Per the FICCI-EY report, India boasts of about 100-120 million real-money gamers, in addition to professional ones. The number of online gamers in India is projected to rise to 500 million in the next 2 years. The move to charge 28% on full-face value of online bets increases the burden of taxation on businesses (up to 1100%) and gamers (up to 300%).
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Online gaming, casinos to face 28% GST
Food and beverages consumed within cinema hall will now be charged a GST of 5%
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Small-cap funds retain momentum as large caps bleed
One of the reasons why equities continue to stay buoyant is sustained foreign fund inflows, anticipation of a favorable earnings quarter coupled with improving economic conditions
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PFRDA set to modify regulations, tighten compliance
The new proposal states that the fund will need to independently develop a robust IT infrastructure, cyber security procedures and dedicated employees within an year of the date since the registration certificate was issued to them.
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Deluge and Dilemma : The co-branded card saga
Axis has tied up with Flipkart for a co-branded card, with Visa as their network. The Amazon-ICICI card also has Visa as their provider. In such a case, if a customer gets an Amazon co-branded card, will he decide if he wants it from Mastercard, Visa or Rupay?
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Small-cap funds are in vogue. But should you jump on this bandwagon?
Small-cap mutual funds are lapping up funds, receiving massive inflows over the last 6 months. But there are not investment opportunities to deploy them effectively.
