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Credit Score & CIBIL

AI Payments: How 4B Deals Change Your Loans?

Fintech companies are building AI models trained on billions of payment transactions. This could soon decide your loan eligibility, flag fraud instantly, and personalise your credit limits — all without a human looking at your file.

Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
Credit Score & CIBIL

India's Credit Boom: Who Gets Left Out?

India's loan market is growing fast, thanks to digital lending and fintech. But millions of salaried workers, farmers, and small business owners still can't get a bank loan. Here's why — and what you can do if you're credit-invisible.

mint - money
Credit Score & CIBIL

Small Loans Under ₹2L: Are You Borrowing Smart?

More lenders are entering the small personal loan space targeting middle-class borrowers with loans of ₹1–2 lakh. Before you take one, here's what you must know about costs, traps, and smarter alternatives.

Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
Credit Score & CIBIL

Closing a Credit Card? Your EMIs Don't Disappear

Cancelling a credit card with ongoing EMIs doesn't erase what you owe. Banks charge foreclosure fees, may accelerate full repayment, and your credit score can take a hit. Here's what to check before you close.

mint - money
Credit Score & CIBIL

Wrong ITR Schedule? Your Gratuity Deduction at Risk

Filing your ITR under the wrong schedule can get your gratuity tax deduction rejected. But a Chennai tax tribunal ruled that a genuine deduction cannot be denied just because it was reported in the wrong part of the form.

Wealth-Economic Times
Credit Score & CIBIL

0% EMI Apps: 6 Hidden Costs You're Missing?

Super.money, backed by Flipkart, now lets you buy Apple and Nike products in interest-free instalments inside its app. Sounds great — but 0% EMI deals often hide fees, lock you into specific sellers, and can quietly hurt your credit score if you miss a payment.

Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News
Credit Score & CIBIL

EPFO Shifts UAN Activation: Do This on Umang Now

EPFO has shut down UAN activation on its main portal. Now, all employees must activate their Universal Account Number only through the Umang app. If you haven't done this yet, you can't access your PF balance, file claims, or transfer funds.

mint - money
Credit Score & CIBIL

NPS Cut-Off Now 1:30 pm: Does Your SIP Qualify?

PFRDA has moved the NPS same-day investment deadline from 11 am to 1:30 pm. If you contribute before 1:30 pm on any working day, your money gets invested that same day — no more waiting until the next business day.

mint - money
Credit Score & CIBIL

REITs Pay 90%: Is Your 'Safe' Income Actually Risky?

REITs look like FDs because they pay regular income, but they are stock-market-linked investments. Prices can fall, payouts can shrink, and your capital is at risk — just like any equity fund.

Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News
Credit Score & CIBIL

Spouse Has Govt Quarter? Your HRA Claim Is ₹0

The Finance Ministry has clarified that if one spouse in a central government employee couple is allotted government accommodation at the same posting station, the other spouse cannot claim House Rent Allowance — even if they are paying rent separately.

Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News
Credit Score & CIBIL

Grey Market Buys: Only 10% Taxed — Know Your Risk

If your business buys goods without proper bills, tax authorities can add only the estimated profit portion — around 10% — to your income, not the full purchase value. But other risks like cash payment disallowances still apply.

taxguruin
Credit Score & CIBIL

Post Office MIS: Earn ₹9,250/Month as a Couple?

The Post Office Monthly Income Scheme lets couples pool money into a joint account and earn guaranteed monthly interest for 5 years. At 7.4% per year, two people can invest up to ₹15 lakh together and pocket over ₹9,000 every month — no market risk.

Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News
Credit Score & CIBIL

Emergency Fund Earning 3%? You're Losing ₹9,000/Year

Keeping your emergency fund in a basic savings account is costing you real money. Sweep-in FDs and liquid funds both beat savings rates — but each works better in different situations. Here's how to choose.

Wealth-Economic Times
Credit Score & CIBIL

AI at Your Bank: Is Your Account Data Safe?

Indian banks are adopting AI agents to automate tasks like fixing transactions and detecting fraud. But these AI systems can quietly access sensitive systems on their own — putting your bank account data and money at real risk.

Inc42 Media
Credit Score & CIBIL

LLP vs Partnership: Which Shields Your ₹ Better?

An LLP (Limited Liability Partnership) protects your personal assets from business debts. Unlike a regular partnership, your liability is capped at what you invest. Here is what this means for small business owners and professionals in India.

taxguruin
Credit Score & CIBIL

EPFO's New Portal: Find Your Lost PF in Minutes?

EPFO is launching a new Aadhaar-based portal called E-PRAAPTI to help you trace and claim money stuck in old or inactive PF accounts. If you have ever changed jobs without transferring your PF, this could mean real money coming back to you.

mint - money
Credit Score & CIBIL

Form 10B Filed Late? Your 80G Status at Risk

If your charitable trust or NGO misses the Form 10B deadline, the Income Tax department can reject your exemption claim. But courts have allowed late filing if you can show a genuine reason — like your CA falling ill.

taxguruin
Credit Score & CIBIL

REITs Pay Like FDs — But Risk Like Stocks?

REITs give regular payouts like fixed deposits but carry real estate market risk like stocks. Many Indian investors confuse the two. Here is what REITs actually are, what they are not, and whether they belong in your portfolio.

mint - money
Credit Score & CIBIL

E-Way Bill Expired in Transit? Your GST Penalty Risk

If your goods are caught moving on an expired E-Way Bill, GST officers can detain the vehicle and levy heavy penalties — even if you didn't intend to evade tax. Here's what every small business owner and trader needs to know to stay protected.

taxguruin
Credit Score & CIBIL

Tax Amendment Bill 2026: Is Your REIT Income Tax-Free?

The Taxation and Other Laws (Amendment) Bill 2026 proposes key tax breaks for REIT and InvIT investors, offshore funds, data centres, and diamond trading. Here's what changes and what it means for your money.

Personal Finance News in CNBCTV18, Personal Finance Latest News, Personal Finance News
Credit Score & CIBIL

₹10L to Invest? Split It Right Across 3 Asset Types

Got ₹10 lakh to invest? The right split between equity, hybrid, and debt funds depends on your age, goal, and risk appetite — not just market conditions. Here's how to think about it.

Wealth-Economic Times
Credit Score & CIBIL

8th Pay Commission Jobs: Are You Eligible to Apply?

The 8th Pay Commission has opened consultant vacancies for qualified professionals. If you are a retired government official or a finance/economics expert, you may be eligible. Here is what the role offers and how to apply before the deadline.

mint - money
Credit Score & CIBIL

GSTR-3B Locked From July 2025: Your Tax Filing Changes

From July 2025, GSTN will lock auto-populated GST liability figures in GSTR-3B, stopping businesses from editing them to reduce tax. This closes a major fraud loophole and changes how small business owners and self-employed Indians file their monthly GST returns.

taxguruin
Credit Score & CIBIL

Section 69 Tax Notice? Your Rights vs IT Dept

If the Income Tax Department raises a demand under Section 69 claiming unexplained income, they must have solid evidence — not just someone else's statement. Courts have consistently ruled that hearsay alone cannot make you pay tax.

taxguruin
Credit Score & CIBIL

Pass Wealth Now: 3 Tax-Free Gifting Moves for You

Waiting until death to pass on wealth can mean legal delays, family disputes, and missed tax benefits. Gifting money or assets to children and grandchildren during your lifetime is often smarter, cheaper, and more meaningful for Indian families.

Wealth-Economic Times
Credit Score & CIBIL

Unpaid Bills & Tax: Can You Claim ₹0 Spent?

Many business owners think you can only claim a tax deduction after you've paid an expense. A recent ITAT ruling clarifies that if the liability is certain — not just a guess — you can deduct it even before paying. Here's what that means for your business taxes.

mint - money
Credit Score & CIBIL

LEAP India IPO: Should You Bid ₹159/Share?

LEAP India, a logistics tech company, is launching a ₹2,480 crore IPO with shares priced at ₹151–₹159. But ₹2,000 crore of it is existing investors selling their stake — not fresh money going into the business. Here's what that means for retail investors.

Inc42 Media
Credit Score & CIBIL

August 2026: 5 Tax Deadlines You Cannot Miss

August 2026 is packed with income tax, GST, and other compliance deadlines. Missing them means late fees, penalties, and interest. Here are the key dates every salaried person and small business owner must track.

taxguruin
Credit Score & CIBIL

Forced Tax Statement? You Can Retract It in Court

If a tax officer records your income surrender during a survey but has no other proof, that statement alone cannot be used to add income to your tax bill. A recent ruling confirms you have the right to retract such statements.

taxguruin
Credit Score & CIBIL

Never Feel Rich? Define Your 'Enough' Number

Most Indians keep earning and spending more without a finish line. Defining your personal 'enough number' — for spending, saving, and lifestyle — is the single most powerful money move you can make.

freefincal

Credit Score & CIBIL — Quick Answers

What is a good CIBIL score in India?
750 and above is considered good and unlocks the lowest interest rates. 700-749 is fair — most lenders approve but at slightly higher rates. Below 700 is poor and restricts you to select NBFCs and fintech lenders. Scores below 600 typically need active rebuilding via secured credit cards or small loans.
How can I improve my CIBIL score fast?
Pay all EMIs and credit card bills on time (biggest single factor). Keep credit utilization below 30%. Don't apply for multiple loans in short succession (each hard inquiry cuts 5-10 points). Dispute any errors on your report. Realistic timeline: 3-6 months for meaningful improvement, 12+ months for major rebuild.
How often should I check my CIBIL score?
You can access one free CIBIL report per year directly from cibil.com. Aggregator apps like GoCredit provide free monthly soft checks with zero score impact. Check monthly if you're planning a loan; annually otherwise. Watch for unusual accounts or hard inquiries you didn't authorize.
Can I get a loan with zero CIBIL history?
Yes. Many fintech lenders and NBFCs specialize in first-time borrowers, using bank statement analysis and other alternative data. Rates are higher (16-24%) but building history is the goal. Once you complete 6 months of on-time repayment, your score establishes and mainstream loans open up.

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