The new UPI rules will change how certain high-value merchant transactions are handled from 15 October, bringing insurance and capital-market payments under the merchant discount rate (MDR) framework. Will that…
Category: Banking And Finance
Credit card EMI vs personal loan: Which costs less for big-ticket purchases?
Converting an eligible purchase into monthly instalments using a credit card eliminates the need to apply for a separate loan. It is commonly used for buying gadgets or home appliances.…
SC asks RBI to secure compliance of norms on seizure of financed vehicles by NBFCs, banks
New Delhi: Highlighting ‘s directive that a financed vehicle can be seized only through “lawful means”, the on Wednesday directed the federal bank to enforce its guidelines on non-banking financial…
EPFO wage ceiling raised to ₹25,000: How much could your ₹7L EPF insurance cover increase? Here’s how to calculate
The Union Cabinet decision to raise the Employees’ Provident Fund Organisation (EPFO) wage ceiling from ₹15,000 to ₹25,000 could significantly increase the life insurance cover available to eligible EPFO members…
₹3,000 Annapurna Yojana payout on September 17, PM Modi’s birthday: Are you eligible to receive money? Check new rules
On September 17, Thursday, coinciding with Prime Minister Narendra Modi’s birthday, ₹3,000 is expected to be credited to the bank accounts of eligible women under the Annapurna Yojana. Chief Minister…
Govt hikes wage ceiling for EPF coverage: We calculate how this could impact your pension payout at retirement
The Union Cabinet on Wednesday, after a 12-year gap, approved raising the wage ceiling eligibility for Employees Provident Fund (EPF) coverage by ₹10,000, from the ₹15,000 set in 2014, according…
Inheritance of online businesses in India: What happens to a creator’s digital assets after death?
I am a content creator from Bengaluru. My monetised YouTube Channel and Instagram page support a significant part of my family’s income. If something were to happen to me suddenly,…
8th pay commission: Last date to apply for Bengaluru meeting on 18 September — Here’s how to submit online
The 8th central pay commission (CPC) is scheduled to be in Bengaluru for an official two-day state visit from 7 to 8 October (Wednesday-Thursday). Since March, the panel has met…
Emergency fund in 2026: Does the textbook recommendation of 3-6 months’ savings still work amid AI concerns, job losses?
How long would your household manage if your income stopped tomorrow? That question matters more than blindly following a fixed savings rule. An emergency fund should cover the time needed…
Moving funds from NRO to NRE? Crucial tax rules and transfer limits you need to know
Non-Resident Indians (NRIs) routinely utilise Non-Resident Ordinary (NRO) accounts to deposit income generated within India, such as rental proceeds, pensions, stock dividends, and interest payouts. While these accounts serve as…