Tag Archives: First-Time

Job Loss: How NBFCs lend money to first-time borrowers with no credit record?

NBFCs are actively working out for technology-based solutions to disburse small ticket size loans to people having no credit history. With the economic activities coming to a standstill during the nationwide lockdown imposed to contain the spread of highly contagious Novel Coronavirus COVID-19, many people, especially those working with unorganised sectors, have lost their jobs. During this moment of crisis, ... Read More »

Simple tips for first-time parents

Life pretty much changes the minute you realise you’re going to be a parent. Whether it was a planned or unplanned baby, the arrival of a newborn can make your world go topsy turvy. Here are some tips that will help first-time parents It is normal to feel overwhelmed and confused at times. But remember, there are others going through ... Read More »

First-Time Home Buyers to Get Additional Tax Deduction

To lower the burden for first-time home buyers, Finance Minister Arun Jaitley in Budget 2016 announced an additional income tax deduction of Rs. 50,000 on the interest paid. The first-time home buyer will get this additional deduction in the next financial year only if the loan amount is less than Rs. 35 lakh and the value of the property is ... Read More »