IPO Insights
The initial public offering (IPO) market has witnessed significant activity, and several IPOs are gaining attention. ICICI Prudential AMC's IPO was listed
at ₹2,600 per share, showcasing a 20% premium. However, the article provides insights on whether investors should buy, sell, or hold. Similarly, KV Toys IPO is expected to list on Monday, with a Grey Market Premium (GMP) indicating potential gains. Corona Remedies IPO, with a GMP of 27%, is also set to list on Monday. The application process for the ICICI Prudential AMC IPO has concluded, with the issue receiving a subscription of 39.17x. Knowing the GMP and subscription status helps investors gauge interest and make informed decisions regarding their investments. Furthermore, upcoming IPOs like Zepto are also in the news, with the quick commerce firm planning a ₹4,000-crore public offering.
Tax Filing Updates
Tax season is always a crucial time for individuals, and several updates are relevant. The article highlights the importance of timely ITR (Income Tax Return) filing, especially with the approaching deadline of December 10 for ITR audit. Furthermore, it discusses the potential delays in ITR refunds this year, offering a step-by-step guide to check the status of payouts. Taxpayers should be aware that fake tax deductions are under scrutiny, which is why it's essential to understand the focus sections and the actions to be taken. For salaried individuals, reviewing Form 12BB in January can help avoid higher Tax Deducted at Source (TDS). Moreover, the notification of the new ITR forms is expected before FY28, which is essential to understand the impending changes. The government is also planning to conduct a workshop on December 23 to discuss revised GDP, CPI, and IIP series in 2026.
Investment Strategies
The article explores various investment avenues and offers valuable guidance. One topic is the potential of converting a ₹15,000 monthly investment into ₹1 crore, examining the 15x15x15 SIP rule. Another relevant area is the performance of gold versus the Sensex and deposits, looking back to 1985 to assess returns over 40 years. Furthermore, it delves into the realm of Sovereign Gold Bonds (SGBs), where investors are set to receive a 366% return, as the Reserve Bank of India (RBI) announces the final redemption for a particular SGB series. Investors are also offered stock ideas, with analysts viewing Airtel, ICICI, and M&M as promising investments in 2026. The article gives guidance on the market situation. Investors are cautioned about potential market volatility, with Robert Kiyosaki warning of a massive market crash and advising significant investments in silver.
Banking and Rates
Banking and interest rate-related news is essential for financial planning. Banks are adjusting their rates based on RBI decisions, influencing loan and fixed deposit returns. For instance, SBI reduced lending rates and retail deposit interest rates, effective from December 15. Canara Bank revised its loan and fixed deposit rates after the RBI's repo rate cut. HDFC Bank adjusted interest rates on fixed deposits from December 17. The article also provides information regarding the impact of these changes on EMIs and FD returns. For borrowers, a crucial update is the RBI's weekly credit update rule and its implications.
Retirement Planning
Planning for retirement involves specific considerations, including understanding new rules and potential pitfalls. The National Pension System (NPS) is undergoing a significant overhaul in 2025, and the article highlights the implications of the new rules for retirement funds. The article also alerts investors about common blind spots in annuity plans, providing guidance on how to avoid these. Additionally, individuals planning for retirement can benefit from the insights. For NRIs investing in mutual funds, a practical guide covers NRE vs. NRO accounts, TDS, and FATCA regulations, offering a comprehensive understanding for informed investment decisions.
Credit Cards & Loans
Managing credit cards and loans responsibly can significantly impact personal finances. The article highlights how new credit card charges and reward caps can affect cardholders. SBI Card is also set to revamp airport lounge access from January 10, bringing changes for cardholders. Furthermore, it gives insights on mistakes to avoid with new credit cards, which could drain a wallet faster. The article also guides on car loans, offering five tips to save money and avoid costly mistakes. If loan recovery calls become aggressive, RBI regulations clearly define what agents can and cannot do.
