New signs show that China is cracking down…

A woman walks past the headquarters of the People's Bank of China in Beijing, China.Jason Lee | ReutersBEIJING — Data for the year so far show signs that China is starting to crack down on…

How to build an emergency corpus with debt…

The Covid-19 pandemic has once again emphasised the need to build a contingency fund worth 6-9 months of monthly expenses WHAT IS EMERGENCY OR CONTINGENCY FUND? Often, there is an urgent requirement of money –…

Tax on PF interest: Which debt mutual funds…

The Union Budget presented on 1 February 2021 has imposed tax on interest earned on Employee Provident Fund (EPF) contributions beyond Rs 2.5 lakh per financial year. . The government has a logic for imposing…

The Moneyist: I got into debt helping my…

Dear Moneyist, I was raised by a single mother who sacrificed and worked very hard to give me and my siblings everything we needed growing up. Throughout my life I have tried to take care…

Covid, payday loans, student debt — here are…

The headquarters of the Consumer Financial Protection Bureau in Washington, D.C.JHVEPhoto | iStock Editorial | Getty ImagesThe Consumer Financial Protection Bureau is expected to become a more aggressive consumer watchdog under the Biden administration and…

Expecting a Debt Linked Saving Scheme and tax…

The Association of Mutual Funds in India in its Budget Proposals for FY2021-22 has reinforced its long pending demand to bring parity in tax treatment for investments in different financial sectors. AMFI has reiterated its…