The government today kept interest rates unchanged for various small savings schemes, including the public provident fund (PPF) and national savings certificate (NSC), for the eighth straight quarter, beginning 1…
Category: Banking And Finance
When do banks deduct TDS on interest income? ₹50,000 rule explained
As the new Income Tax Act 2025 is set to come into effect on 1 April 2026, the Central Board of Direct Taxes () on Monday issued a clarification on…
From PPF, NSC to SSY: Check latest small savings scheme rates for April–June 2026
If you were hoping for a bump in returns from your favourite small savings schemes, there’s no change this time. The government has decided to keep interest rates unchanged for…
Made an ITR mistake? File ITR-U before March 31 deadline
Missed reporting some income or made an error in your tax return? You are not alone, and more importantly, it’s not too late to fix it. With the March 31…
JDA and capital gains: What happens when family members co-own property
A landlord owns a property (comprising land and an independent house on that land) in Chennai as 100% owner now. He plans to retain 25% ownership and settle 75% of…
Home loan after 60: 5 ways pensioners can boost credit score, improve approval chances
When you go about securing a home loan after 60, it can feel draining and extremely challenging, especially when lenders closely analyse repayment potential, past debt history, and creditworthiness. Still,…
Achieve FY27 personal finance goals: Here’s a month-by-month guide to beat deadlines, manage taxes and investments
Managing money and finances is not about last-minute decisions made in haste. It is about discipline, integrity, timing and clarity of mind. That is why a well-thought-out, structured month-by-month economic…
Bank locker loss? Why RBI rules have capped the compensation limit — Explained
Union Finance Minister Nirmala Sitharaman on Monday explained why the Reserve Bank of India (RBI) has capped the compensation limit of bank lockers to 100 times the annual locker rent…
What are FD-backed credit cards? Are they worth it? Benefits, risks and best options
If you do not have a steady income or a reasonably long credit history, securing a new credit card can be challenging. To address such situations, lending institutions offer individuals…
Meal vouchers to company cars: What happens to your workplace perks from April 1?
For many salaried employees, workplace perks have always felt like a bonus, something extra beyond the monthly pay cheque. But from April 1, 2026, that comfort could change. , and…