Bank fixed deposits are currently a popular choice for those seeking fixed and secure returns. Depending on your financial situation, you can choose from various investment tenures, each offering different interest rates. Many banks have introduced special FD schemes, including the largest public sector bank, SBI. Let’s take a look at the interest rates and … Read more
The Employees’ Provident Fund Organization (EPFO) has introduced new guidelines and regulations regarding dormant Employee Provident Fund (EPF) accounts to prevent unauthorized withdrawals and fraudulent transactions. EPFO has identified accounts with no transactions (debit or credit other than interest) for at least three years as ‘transaction-less’ or ‘inactive’ accounts. Such accounts are subject to strict … Read more
Are you using a RuPay credit card? If so, there’s good news for you. Similar to other credit cards, rewards will now be available on RuPay credit cards as well, with more reward points available on UPI transactions. Let’s find out the details. Digital payments have significantly increased in the country, with a high share … Read more
Are you interested in a steady income, like a monthly pension? If so, there is a way for you to receive a pension of up to Rs. 1 lakh per month for 25 years through an investment scheme. This can be achieved with a systematic withdrawal plan. If you are considering investing your hard-earned money … Read more
In the recent Telangana elections, the Congress party made several promises, including six guarantees. The Congress government, which came into power post-election, has been gradually fulfilling these promises. Many of the schemes outlined in the six guarantees have already been put into action, such as the successful implementation of the free bus scheme and the … Read more
It has been observed that the gold rates have significantly decreased after the reduction of gold and silver customs duty in the budget of the central government. The increase in gold prices due to the Fed signalling another cut in interest rates has now changed. Gold rates are rising due to five main reasons, creating … Read more
The domestic stock market suffered a significant decline on Monday, August 5. The Sensex fell by nearly 3% to 38,580.46, while the Nifty 50 dropped by almost 2% to 11,277.60. The primary reasons for this decline are growing recession fears in the US and escalating tensions in the Middle East. At 9:45 am, the BSE … Read more
The Modi government is working to increase the minimum pension for about 78 lakh pensioners under the EPS-95 scheme. The government is considering the demand to raise the minimum monthly pension to Rs. 7,500. Union Labor and Employment Minister Mansukh Mandavia met with representatives of the pensioners’ association and assured that the government will take … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) is launching a new, affordable insurance plan called Bima Vistaar. This single plan simplifies getting insured by covering multiple areas and keeping costs lower. This plan is offering basic protection for you and your family at a low cost (just Rs 1,500!). One policy, many protections … Read more
Avoid common mistakes while filing your ITR. Know how to choose the right ITR form, reconcile Form 26AS, report all income, and more. Get expert tips and tricks ensure a smooth ITR filing experience. File your Income Tax Return accurately and on time to avoid penalties. Filing your income tax return (ITR) can be a … Read more