We are heading into the Reserve Bank of India’s (RBI) monetary policy review next week. The RBI Monetary Policy Committee (MPC) is scheduled to meet for three days from 3…
Category: Banking And Finance
How much home loan can you get on ₹15 lakh or ₹20 lakh annual salary?
When applying for a home loan, most banks will typically offer a loan amount equivalent to 55–60 times your net monthly salary (assuming a 20-year tenure and zero existing debts).…
Income-tax returns: Check here for documents needed to claim deductions under Sections 80C, 80CCD, 80DD, 80E, 80GG, 80U
The Income-Tax Department has released Excel Utility for ITR-1, ITR-2 and ITR-4 forms on its e-filing portal for financial year 2025-26 (FY26) or assessment year 2026-27 (AY27). Further, the tax…
8th pay commission invites applications for consultant roles — Here’s how many vacancies are posted, and scope of work
The 8th pay commission (8th CPC) has invited applications from eligible candidates to fill vacancies for consultants on a contractual basis at the commission. You can apply only through a…
Dearness Allowance: Difference between DA, Dearness Relief and House Rent Allowance, explained
Dearness Allowance: The 8th pay commission (8th CPC) has begun meeting with employee representative groups, unions and stakeholders as it sets to gather recommendations on pay hikes, allowances, salary structure,…
Provident fund: How to tap your PPF for low-cost emergency loans — rules and eligibility explained
The Public Provident Fund (PPF) is an assured, long-term, government-backed savings scheme. It offers safe, predictable, easy-to-redeem and tax-free returns. It also provides a loan facility, making it a useful…
Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan Kumar
New Delhi: is well-positioned to reach the milestone of Rs 5,000 crore annual profit during the current fiscal year after clearing the deferred tax asset, according to the bank’s MD…
5 types of digital banking fraud in India and safety tips to protect your money
Digital banking has made financial transactions faster, seamless and more comfortable. Still, the growing use of digital banking, online fund transfer platforms, UPI payments and mobile wallets has also increased…