Navigating the Rise of Retail Loans Among GenZ and Millennials: Tips for Responsible Borrowing and Repayment

Navigating the Rise of Retail Loans Among GenZ and Millennials: Tips for Responsible Borrowing and Repayment

The surge in retail loans, particularly among GenZ and Millennials, has been a significant trend in the financial sector. This demographic is increasingly drawn to unsecured lending options, facilitated by fintech companies and NBFCs, offering quick and convenient access to credit. However, this ease of access has led to a rise in defaults, highlighting the … Read more

“The two income tax regimes deal with the demographic behavioural changes and allow both to exist”

“The two income tax regimes deal with the demographic behavioural changes and allow both to exist”

Incentivising green bonds to boost funding for climate adaptation projects and a special dispensation for pregnant women to exempt them from filing tax compliances for a specific period are some of the key items on the wishlist of Gokul Chaudhri, President, Tax, Deloitte India. In an interview with Business Today, he also speaks about tax certainty and … Read more

Emerging markets such as China and India will grow old before they grow rich

Emerging markets such as China and India will grow old before they grow rich

Emerging markets such as China and India, before they start celebrating stable fertility rates, will have to contend with ageing populations which don’t have enough savings to deal with old-age issues. Also, those employers will prosper who offer workplace childcare, fertility and family benefits. Diversity and inclusion at the workplace will be driven by Gen … Read more