The central government has good news for EPF subscribers. The EPFO Central Board of Trustees (CBT) has made a significant decision regarding interest payments during the settlement process, providing additional benefits to EPF subscribers. In the future, interest will be calculated up to the date of claim settlement. Previously, interest was calculated only up to … Read more
The Employees Provident Fund Organization (EPFO) has announced that specific categories of employees will not need to link their Aadhaar to settle their physical claims. While EPFO subscribers are generally required to link their Universal Account Number (UAN) with Aadhaar for claim settlement, recent policy changes allow some exceptions. The EPFO has clarified the specific … Read more
The Telangana Building Permission Approval and Self-Certification System (TG-bPASS) is a significant step towards simplifying the building permission process in Telangana. This digital platform enables individuals and organizations to apply for building permissions online, ensuring transparency and efficiency in the approval process. The platform can be accessed at https://tgbpass.telangana.gov.in/. Expansion of TG-bPASS to Gram Panchayats … Read more
What are index funds? Index funds are a safe investment strategy that provides exposure to a wide range of securities, thereby reducing risk through diversification. Investors can gain exposure to a variety of securities with a minimal investment. What to invest in? Investing in index funds involves tracking stock market indices such as the Nifty … Read more
Financial experts strongly advise that planning for retirement should begin as soon as you start earning. However, many overlook this crucial step, often underestimating the potential financial difficulties that could arise post-retirement. The longer you delay, the more you risk falling short of your retirement goals. The relentless march of inflation further underscores the need … Read more
Millions of people in our country own cars. For many, a car is a “status symbol,” while for others, it is a “necessity.” Although many individuals purchase cars, they often need help differentiating between auto insurance, auto warranties, and auto service packages. A common misconception is that service packages cover the same things as warranties … Read more
Every household should maintain a budget, like central and state budgets. When both partners are clear about where each rupee goes, it can reduce money-related stress and help them lead comfortable lives. Almost everything in life involves money. Anyone who says otherwise is not being truthful. Money is essential for maintaining relationships, funding children’s education, … Read more
“Buy Now, Pay Later” (BNPL) has gained significant popularity online shopping. It allows consumers to purchase desired and essential items even when they don’t have any money. However, this payment method has its advantages and disadvantages. Let’s explore them. With the BNPL option, you can immediately acquire the items you want and pay for them … Read more
The Reserve Bank of India (RBI) has announced increased payment limits for payment interfaces (PI). Previously, UPI 123Pay and UPI Lite wallets were designated for small transactions only. With the revised limits, users can now quickly pay thousands of rupees. Let’s take a closer look at how much the RBI has raised the UPI limits. … Read more
It’s not surprising that almost everyone has taken out a loan these days. Many people work primarily to manage their loans’ Equated Monthly Installments (EMIs). Banks now offer loans over the phone, boasting that the application process can be completed in minutes and is paperless. However, it’s important for individuals interested in taking a loan … Read more