Category: Banking And Finance
EPF calculator: ₹5,000 monthly investment can grow to ₹80 lakh in 30 years—real value explained
Regular contributions to the Employees’ Provident Fund (EPF) accumulate over time with interest credited annually. The balance reflects both employee and employer contributions, as well as interest. EPF offers an…
8th Pay Commission: 4 big demands including Rs 72,000 minimum pay and OPS return
The conversation around the 8th Pay Commission is picking up speed, and expectations are running high. Government employees and teacher groups have started putting forward their demands, and some of…
MobiKwik gets RBI nod for NBFC licence, to launch in-house lending arm
company said it has received an approval from the for a non-banking financial company (NBFC) licence on Monday, paving the way for the launch of its in-house lending business. The…
Why is Aadhaar not considered a date of birth proof? UIDAI explains
An Aadhaar card is a valid identity proof, but it is not proof of date of birth, clarified the Unique Identification Authority of India (UIDAI). UIDAI, in a social media…
ITR filing FY 2025–26: Important income tax return deadlines and dates for salaried, business and audit filers
Are you ready to file your income tax return for FY 2025-26? Are you aware of the deadlines for the 2026-27 assessment year? Income Tax season brings with it confusion,…
Reported wrong income in your ITR? Here’s how you can avoid up to 200% penalty
Reporting incorrect income in an income tax return can attract penalties under the Income Tax Act, 2025, with misreporting of income liable for a penalty of up to 200% of…
I asked ChatGPT how to pay off 25-Year home loan in 15 years: Check personal finance advice from AI
I acted on behalf of a Bengaluru couple earning a combined monthly income of ₹2 lakh. I told ChatGPT that our home loan EMI was ₹58,744 on a principal of…
NPS Vatsalya vs Sukanya Samriddhi Yojana: What to choose for your children? Eligibility, returns, tax benefits explained
Parents looking to build a financial cushion for their children have multiple government-backed options to choose from, including NPS Vatsalya and the Sukanya Samriddhi Yojana (SSY). Both schemes are designed…
Did Nirmala Sitharaman promote a platform promising ₹30 lakh monthly returns? Here’s the truth
The government has clarified that a video circulating on social media, which appears to show endorsing an investment platform promising quick financial returns, is fake. The Press Information Bureau’s Fact…