Amid Opposition attacks on the government’s decision to levy a fee on UPI payments above Rs 2,000 made to merchants, government sources said there is no plan to reconsider the…
Category: Banking And Finance
EPFO wage ceiling raised to Rs 25000 per month; over 10 million formal sector workers to benefit
The union cabinet, on Wednesday, gave its go ahead to enhancement of under the to Rs 25000 per month from Rs 15,000. The move is expected to benefit over 10…
Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?
If you want exposure to both large-cap and mid-cap stocks, should you invest in a single large & mid-cap fund or choose separate large-cap and ? The answer may depend…
Government clarifies credit card-linked UPI payments exempt from 0.4% fee
Credit card-linked UPI payments will not come under the new 0.4% Merchant Discount Rate (MDR) regime, the government has clarified, offering relief to consumers who use credit cards or linked…
Same mutual fund category, different capital gains tax? How a scheme’s portfolio can change your tax bill
If you are investing in a particular , do not assume that all schemes in the same category will be taxed the same way when you redeem. Capital gains tax…
NPS Vatsalya: Rules for withdrawal and exit from scheme, explained
NPS Vatsalya, the National Pension Scheme’s spin-off for children, allows parents to open and operate a pension account for their minor child till they attain majority age. Notably, the child…
5 simple money lessons from The Intelligent Investor by Benjamin Graham: Market moods, picking stocks and more
Investing can feel confusing when prices jump, headlines shout, and friends promise easy profits. Benjamin Graham’s The Intelligent Investor offers a calmer way to think about money. Its lessons centre…
More households are moving up income ladder: How India’s wealth pyramid could change by FY31
India’s pyramid is undergoing a significant shift, with millions of households moving from low-income categories into the middle and higher-income brackets. Data cited in the ’s Red Herring Prospectus (RHP)…
UPI MDR from 15 October: How merchant charges compare with credit, debit card fees and credit-linked UPI
The National Payments Council of India (NPCI) has announced a merchant discount rate (MDR) on select UPI transactions conducted from person to merchant, effective from 15 October. The revised framework,…
Got a stipend while studying? ₹18.34 lakh ITAT case explains when students can claim income-tax exemption
A postgraduate medical student received ₹18.34 lakh as stipend from Aligarh Muslim University while pursuing an MS in General Surgery. The Department treated the amount as taxable salary, but the…