Tuesday, March 28, 2023

Mutual fund nomination deadline of March 31 extended; check details

The deadline for submitting nomination details has been extended for mutual fund investors from March 31, 2023, to September 30, 2023.

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Monday, March 27, 2023

Crucial EPFO board meeting begins today; EPF interest rate for FY2022-23 likely to be announced by tomorrow

The Central Board of Trustees of the EPFO is holding a crucial two-day meeting commencing on Monday in the national capital to decide the EPF interest rate on the retirement corpus for 2022-2023.

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Saturday, March 25, 2023

Will PAN-Aadhaar linking last date get extended?

The Central Board of Direct Taxes has repeatedly delayed the PAN-Aadhaar connecting deadline (CBDT). The two ID documents can still be linked by March 31, 2023 (by paying a penalty), however failing to do so would result in the PAN being invalid as of April 1, 2023.

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Friday, March 24, 2023

Will govt hike PPF, Sukanya Samriddhi schemes’ interest rates in April 2023?

Interest rates of small savings schemes including PPF, Sukanya Samriddhi Yojana account (SSY), Senior Citizen Savings Scheme (SCSS), and National Savings Certificates (NSC) are due for revision at the end of this month. The rates will be applicable for the April-June quarter of FY2023-24. Will the interest rate of Public Provident Fund and Sukanya Samriddhi Yojana increase this time?

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Invest in debt schemes before March 31 to enjoy indexation benefit: advisors

A note from a distributor told investors that ‘this is to inform you that FY 24 Budget amendment is proposing any capital gain made on investments made after April 1, 2023 in Non Equity MFs ( Funds which have more than 35 % investment in debt ) will not be eligible for Long Term Capital Gains benefits.”

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Wednesday, March 22, 2023

On eve of Supreme Court hearing, EPFO’s higher pension form ‘missing’

The landing page of the EPFO’s unified portal showed the ‘Pension on Higher Salary: Exercise of Joint Option under para 11(3) and para 11(4) of EPS-1995 on or before 3rd May 2023’ as a new addition. However, registration forms for pre-September 2014 retirees was inaccessible till the time of going to press.

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Tuesday, March 21, 2023

These customers can now repay loans on Amazon Pay using Bharat BillPay; here’s how

As part of its ongoing efforts to improve user experience and safety, Amazon Pay has expanded its loan repayment category in collaboration with Bharat BillPay.

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Friday, March 17, 2023

Maharashtra govt revises guidelines for houses built, allotted by MHADA

As per the new guidelines, the apartments under MIG category will now be spread over up to 968 sq ft as against earlier permitted space of 1,722 sq ft. For HIG category, the carpet area has been increased from the limit of 2,152 sq ft to any configurations above 968 sq ft now.

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What is Bima Sugam & how will it be different from a PolicyBazaar? Hari Radhakrishnan explains

The Bima Sugam is a proposed one-stop-shop for all insurance-related queries, including policy purchase, claim settlement, and insurance advice. It is envisioned as a trusted platform by the regulator, IRDA, and customers can trust the product as it is being promoted by the regulator. The platform will be more like an Amazon-style platform where everybody can come together to transact. There will be buying and selling of products and after-sales service in the form of policy issuance

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Wednesday, March 15, 2023

Aadhaar update: UIDAI makes online document update in Aadhaar free of cost

The Unique Identification Authority of India (UIDAI) has decided to make it free for citizens to update documents in their Aadhaar online, a move that prioritises the interests of the citizens and will benefit millions of Indians.

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Sovereign Gold Bond: Check premature redemption details for SGB 2016-17 Series IV

Sovereign Gold Bond Scheme 2016-17 Series IV issue date was on March 17, 2017, premature redemption of Gold Bond may be permitted after fifth year from the date of issue.

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Tuesday, March 14, 2023

7th Pay Commission: Govt clarifies on 18-month frozen DA arrears for central govt employees

DA arrears to Central Government Workers and Pensioners were suspended for 18 months during the covid-19 pandemic.

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Monday, March 13, 2023

Suryoday Small Finance Bank launches special women’s savings account with up to 7% interest rates: Check details

Blossom Women's Savings Account, a new savings account launched by Suryoday Small Finance Bank specifically for female consumers, comes with a debit card with rewards and cashback, a complimentary account for a child, and many other benefits.

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Sunday, March 12, 2023

How the industry plans to deal with proposed taxation of traditional covers, Vignesh Shahane, Ageas Federal Life Insurance explains

"The preliminary strategy that is evolving is focused on number of policies rather than high ticket size. Our company alone has increased by a CAGR of 10-15% in the past three years," said Vignesh Shahane.

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Friday, March 10, 2023

Subscriptions in Atal Pension Yojana (APY) sees 28% growth in last one year

According to the Pension Fund Regulation and Development Authority, the Atal Pension Yojana, one of India's most popular pension systems, has had a 28.46% increase in subscribers year over year.

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Sunday, March 5, 2023

68% earning women buy health insurance policies without help: Survey

Financially independent women are more aware about women-specific health plans.

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Friday, March 3, 2023

EPFO clause makes opting for higher pension nearly impossible

Responding to an RTI query on February 3, the retirement fund body said it had not received a single application, since the inception of the scheme in March 1996, for permission under a clause now made mandatory to claim the benefit of higher pension.

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Thursday, March 2, 2023

EPFO says online facility to submit joint option form for higher EPS pension ‘coming soon’

The EPFO circular issued on February 20, says that the EPF commissioner will specify the form and method for eligible employees to submit the application. The last date to submit the application for a higher pension under the EPS is March 3, 2023, which is just seven days away.

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Which private, PSU bank is offering highest senior citizen FD interest rate: SBI vs HDFC Bank vs ICICI Bank vs PNB vs Yes Bank

Fixed deposit interest rates for senior citizens vary depending on the amount and term. After the recent spate of FD rate increases, senior citizens should compare interest rates before booking fixed deposits.

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SBI Sarvottam Term Deposits: Earn up to 7.9% FD interest rate

For deposits beyond Rs 15 lakh, State Bank of India has launched a new deposit programme called SBI "Sarvottam" (Non-Callable) Term Deposits for resident individuals and non-individual customers.

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How PM Kisan beneficiary can change name as per Aadhaar

PM Kisan funds are disbursed to beneficiary farmers in three equal installments of Rs 2000 each, one every four months from April to July, August to November, and December to March of each fiscal year.

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How to check EPS membership status to get higher pension

How to check EPS membership status to get higher pension

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Wednesday, March 1, 2023

HDFC offers up to 8% interest rate for senior citizens under this deposit scheme

In addition to regular deposits, HDFC also offers Sapphire deposits, Special deposits, Premium deposits, and Standard deposits, each with a different interest rate according on the term.

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Inside India’s investment paradigm: multi-asset allocation strategies, trends and insights for 2023

Gaurav Rastogi, Founder and CEO, Kuvera and Chirag Mehta, CIO, Quantum AMC, provide a roadmap on how to navigate the challenging macroeconomic conditions where most advanced economies are set for a slowdown and how multi -asset allocation strategies will be the key to generating sustainable market beating returns.

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Want to buy your dream car this year? Follow this 20/10/4 rule while taking a car loan



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These two banks offer FD interest rates up to 8.51%: Check details here

Equitas Small Finance Bank and Suryoday Small Finance Bank revised their fixed deposit interest rates for sums less than Rs 2 crore. The interest rate increase will take effect on March 1, 2023.

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Taking a car loan? 5 things to know about 20/10/4 rule

Taking a car loan? 5 things to know about 20/10/4 rule

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