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December financial alert: RBI rate call, tax deadlines, and credit card updates

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The article from Moneycontrol discusses several key financial updates for December 2024. It highlights the upcoming RBI Monetary Policy Committee (MPC) meeting scheduled for December 6-8, where decisions on the repo rate will be made, potentially affecting loan EMIs and savings rates. Additionally, it mentions the deadline for advance tax payments, which is December 15, urging taxpayers to make their payments to avoid penalties. The article also covers changes in credit card policies, including new reward point systems and potential fee hikes by major banks. Furthermore, it addresses the importance of reviewing and possibly adjusting investment portfolios before the year ends, considering the tax implications and market performance. Lastly, it provides a reminder about the upcoming tax-saving season, encouraging individuals to start planning their investments to optimize tax benefits for the next fiscal year.

Read the Full moneycontrol.com Article at [ https://www.moneycontrol.com/news/business/personal-finance/december-financial-alert-rbi-rate-call-tax-deadlines-and-credit-card-updates-12879184.html ]