Fixed Deposits (FDs) are widely considered as a low-risk investment option, as they offer guaranteed returns and typically higher interest rates than regular savings accounts. This makes them attractive for…
Category: Banking And Finance
RBI proposes safeguards for digital transactions — what it means for senior citizens and other users
The Reserve Bank of India (RBI) has proposed a set of changes aimed at curbing the sharp rise in online frauds. While these safeguards may slightly slow down digital payments,…
Why Indians can’t access Rs 2 lakh crore in unclaimed assets, even if it’s theirs
India is sitting on a growing pool of money that no one is using, not because it is not needed, but because it has slipped out of sight. Unclaimed assets…
PPF income strategy: How to get ₹61,000 monthly pension from your public provident fund investment? See calculation
PPF Income Strategy: Public Provident Fund, commonly known as PPF, is one of the most popular small savings scheme in India due to its tax benefits, interest rates and easy…
TDS on bank interest explained: Who is liable and how much gets deducted under new income tax rules?
With the Income Tax Act, 2025 coming into effect on April 1, the Income Tax Department clarified whether the eligibility criteria for the TDS threshold on bank interest has undergone…
8th Pay Commission salary hike: How much will your basic pay increase? Explained with three different fitment factors
8th Pay Commission Salary Hike: The 8th Pay Commission is deliberating on how much salaries of government employees and pensioners will increase. Central government employees are eagerly waiting for an…
Bank FDs vs small savings schemes: Compare PPF, NSC, Sukanya Samriddhi and fixed deposit interest rates this year
Small savings schemes such as the Provident Fund (PPF), National Savings Certificate (NSC), Kisan Vikas Patra (KVP), Sukanya Samriddhi Scheme (SSS), and Senior Citizens Savings Scheme (SCSS); and bank fixed…
Provident Fund: Here’s a stepwise guide for online and offline PF withdrawal, types, limits and rules
EPF is administered by the Employees’ Provident Fund Organisation (EPFO) under the EPF Act of 1952. Compared to the public provident fund (PPF), which is available to all Indian citizens,…