Muvin Co-Foundr

Photo: Startup Talky

Fintech Start-Up Caters Teen Audience For Finance Management

Muvin, teen-focussed pocket money, digital finance, and neo-banking apps have been in a rage, giving a new direction to the fintech sector in India. The startup by Vineet Gupta and Mukund Rao focuses on finances for teenage, instead of catering adult population. The company aims to make students financially savvy, teach them money management skills, and remove the complexities from “finance”. The company raised $3 million in pre-series… read-more

Mon, 08 Aug 2022 - 07:30 PM / by Varsha Joshi

Tags: students, Start-up, Finances, Money Management, Muvin

Courtesy: Your Story

Income Tax Department

Photo: Business Standard

I-T Departments Monitor High-Value Transactions, Report Immediately To Avoid Actions

Recently, the Income Tax (I-T Department) entered into agreements with several government agencies and financial institutions to access the records of individuals regarding high-value transactions. Now, the I-T Department is monitoring high-value cash transactions beyond a specific limit, and issuing notices to individuals, who fail to mention those high transactions, in their IT returns. The information needs to be updated in mutual-fund… read-more

Wed, 13 Jul 2022 - 01:15 PM / by Varsha Joshi

Tags: IT Department, Tax Payers, High-Vlaue Transaction, Notices, Finances

Courtesy: NDTV

Shaktikanta Das

Photo: Business Line

RBI Governor Asks Cryptocurrency Investors To Invest At 'Own Risk'

Taking a strong opposition on digital "crypto currency", RBI Governor Shaktikanta Das, on February 10, said, "Private crypto currency or whatever name you call is a big threat to our macroeconomic stability and financial stability". Furthermore, the RBI Governor asked investors to be careful and said, "Investors in crypto currency should keep in mind that they are investing at their own risk". Meanwhile, Government is yet to announce the… read-more

Thu, 10 Feb 2022 - 08:45 PM / by Varsha Joshi

Tags: SHAKTIKANTA DAS, RBI GOVERNOR, Cryptocurrency, Union Finance Minister, Finances

Courtesy: NDTV Profit