Learn how these common accounts compare (and why you should probably use both) Checking and savings accounts share a host of similarities. They’re both relatively accessible to the average ...

Sri Lanka is expecting a current account surplus for the third year in a row, Central Bank Governor Nandalal Weerasinghe said ...

The RBI has revised guidelines allowing minors over 10 to independently operate savings accounts, promoting financial ...

If enacted, the legislation could make permanent Trump's 2017 tax cuts, while adding new provisions that could significantly ...

With more than three years of experience as a personal finance writer, Jamela Adam simplifies complex money topics to help readers become experts at managing their finances. Her work has been ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

Global Hospitality Conclave 2025 Marks 10 Years, Pays Tribute to Rai Bahadur MS Oberoi and Celebrates the Group's 90 Years of Excellence ...

A new savings account for children called the “money account for growth and advancement,” or MAGA account, would be created by the Treasury Department with $1,000 each for babies born from 2025 ...

It is a new tax-preferred savings account for children called the “money account for growth and advancement,” or MAGA account. It would be created and funded by the Treasury Department with $ ...

Languages: English House Republicans have proposed a $1,000 federally funded savings account for children under 8 to boost long-term financial security, calling it a "MAGA account." The acronym ...

Included in the draft is a pilot program for "MAGA accounts," essentially savings accounts for kids. Republican Sen. Ted Cruz of Texas has been a strong proponent of the idea. The "big ...