Digital lending apps: Survey shows instant loan app usage, interest rate charges reduced after RBI’s action

Digital lending apps: Survey shows instant loan app usage, interest rate charges reduced after RBI’s action

Digital lending apps: A recent survey has found that the Reserve Bank of India’s (RBI) steps against loans being offered by unauthorised digital platforms and mobile applications had a positive impact on users. In 2020, the central bank released a cautionary message directed towards small businesses and individuals regarding the risks associated with obtaining loans … Read more

Investment for senior citizens? Here are some alternative investment options that you may give a try

Investment for senior citizens? Here are some alternative investment options that you may give a try

When considering investment plans for senior citizens, numerous factors must be taken into account due to the challenges associated with generating a consistent income from their accumulated savings. Given that these funds often constitute the entirety of their financial resources, seniors typically gravitate towards more conservative investment strategies.  Before making any investment decisions, it is … Read more

Income Tax Returns FY24: How to properly report P2P lending income while filing your ITR. Check details

Income Tax Returns FY24: How to properly report P2P lending income while filing your ITR. Check details

ITR FY2024: P2P Lending or Peer-to-Peer Lending is one of the upcoming and somewhat most trusted ideas to earn passive income. P2P lending, also known as social lending, is an innovative financial model that has seen considerable growth in recent years. This approach provides individuals with an alternative means of securing funds without the need … Read more