(SGAL), a subsidiary of microfinance major (SCNL), has received regulatory approval from the Securities and Exchange Board of India () to launch a new fund focused on and sustainable development.…
Category: Banking And Finance
8th Pay Commission: Here’s how the salary structure, pay hike, DA, arrears, fitment factor and other elements are set
Constituted by Prime Minister Narendra Modi last year, the 8th Pay Commission is set to make big decisions on salary hikes and fitment factor, based on which updated compensation for…
How much monthly income does ₹10 lakh FD generate in 2026? Check bank-wise returns and interest rates
A ₹10 lakh fixed deposit (FD) is one of the most prudent and reliable low-risk income tools in April 2026, especially amid the ongoing geopolitical uncertainty in equity markets stemming…
New labour laws: Here’s how much your take-home pay changes for ₹10 lakh CTC
With the new Labour Laws coming into effect from 1 April, the biggest change for post salaried individuals is in their pay structure. The shift is primarily towards long-term and…
RBI gives operational flexibility to NBFCs for branch expansion
Mumbai, The Reserve Bank on Wednesday provided operational flexibility to (NBFCs) by allowing them to open branches without prior approval in most cases while imposing certain conditions for deposit taking…
Gold loan vs gold overdraft facility: Here’s all you need to know before choosing what works best for you
The value of household gold is nearing $5 trillion, comprising an impressive 65% of the non-property wealth in India, a Kotak Institutional Equities report showed. Overall, Indian households hold an…
How to build ₹50 lakh tax-free corpus using Sukanya Samriddhi Yojana to secure your daughter’s future
Do you know that a disciplined monthly savings today can grow into a hefty ₹50 lakh corpus by the time your two-year-old daughter turns 18? With the Sukanya Samriddhi Yojana…
TCS filing made easier: Income Tax Dept brings in new Form 143, replacing 27EQ
The Income Tax Department has rolled out a new and simplified form for reporting Tax Collected at Source (TCS), aiming to make compliance easier for businesses and collectors. From April…