Category: Banking And Finance
Buying a term insurance plan? Here are key things to know before you decide
A term insurance plan provides life cover for a fixed period, paying out to the nominee if the policyholder dies during the policy term. Such a plan’s coverage is defined…
Is pension taxable in India? Rules, exemptions and how to declare it in ITR
income is taxable in India, but the tax treatment depends on the type of pension received. Regular pension payments are generally taxed as salary. However, lump sum amounts or commuted…
SIP + lump sum: A roadmap to ₹10 crore in 25 years
A 32-year-old working professional earning ₹20 lakh annually is currently investing ₹25,000 per month via SIPs and has a surplus of ₹10–12 lakh to deploy. In the current volatile market…
India’s credit card market expands to 119 million, PSU banks gain in spends
Mumbai: India’s credit card market crossed the 119-million mark in March, but the gains are far from evenly distributed. Data released by the Reserve Bank of India shows that four…
FinMin asks banks to take measures for welfare of persons with disabilities
New Delhi: The Department of Financial Services (DFS) has advised the managements of all , insurance companies and other to provide reservations to persons with benchmark disabilities in direct recruitment…
RBI clears Subrat Mohanty’s reappointment as Axis Bank Executive Director for three years
said on Wednesday that the Reserve Bank of India has approved the reappointment of as , designated as , for a further term of three years. In a filing to…
8th Pay Commission update: Has the last date been extended amid employee demands?
The 8th Pay Commission has begun an important round of discussions on April 28, with meetings continuing till April 30. As of today, April 29, the second day of talks…
Money tips for May: 5 simple hacks to boost your credit score
Do you know that your credit score has the power to quietly shape your financial freedom? From personal loan approvals to interest rates and even rental opportunities, many things can…
