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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