Among the safest investment tools in India, bank deposits and the government’s Senior Citizen Savings Scheme (SCSS) are the preferred choice for retired investors seeking steady payouts and guaranteed returns.…
Category: Banking And Finance
Direct funds vs regular funds: Differences, key things to remember, and which option investors should choose
Mutual fund investments are considered among the best ways for an ordinary retail investor to book capital gains. A popular tool to achieve financial goals and grow your wealth, MFs…
Redeeming airline miles may feel harder than ever — here’s why your points won’t go far anymore
Redeeming miles feels tougher than ever, even as loyalty schemes gain popularity among frequent flyers. Flight disruptions, soaring airfares and uncertainty are clouding travel plans, prompting passengers to use miles…
New NPS exit rules explained: Retiring soon? How much you can withdraw and when
The (NPS) has seen major withdrawal rule changes after the Pension Fund Regulatory and Development Authority () revised the exit and withdrawal norms, late last year. The new rules, effective…
Can American customers expect any benefit as US companies seek tariff refunds?
The United States government on launched its tariffs refund site called the Consolidated Administration and Processing of Entries (CAPE) portal, from where businesses can apply for their share. This comes…
Cashless wallets? This brokerage wants most currency notes scrapped in 5 years
In an open letter to Prime Minister Narendra Modi, global brokerage firm Bernstein on Thursday called for a more coordinated push to formalize India’s economy, restrict cash-driven informal activity and…
PNB, Kiwi partner to launch Credit-on-UPI Card for 180 million users
The Punjab National Bank (PNB) has announced a strategic collaboration with Kiwi, a prominent credit provider on the UPI platform, to introduce credit-enabled UPI payments to its 180 million customers.…
8th Pay Commission: BPMS seeks ₹72,000 minimum pay, 4x fitment factor, 6% annual hike; check details
The Bharatiya Pratiraksha Mazdoor Sangh (BPMS) recently submitted a detailed memorandum to the 8th Pay Commission proposing several fundamental changes to allowances, salary structures, payment disbursement and calculations. The primary…
Do you need to file ITR if you over 80? Here’s what you should know
As the ITR filing season for AY 2026–27 comes closer, many families are asking a simple question, i.e., do people aged 80 and above really need to file an income…