In an era of geopolitical uncertainty, volatile equity markets and unpredictable returns, government-backed schemes continue to remain the trusted bedrock of financial stability, peace of mind and economic stability. As…
Category: Banking And Finance
Banks’ gross NPA’s to stay range-bound at 2.0-2.2 per cent by March 2027 despite West Asia risks: Crisil
New Delhi: are likely to keep under control over the next two years, with gross non-performing assets (NPAs) projected at 2.0-2.2 per cent by March 2027, only a shade higher…
Income tax penalties explained: Payment default, underreporting, misreporting—when do 50% and 200% fines apply?
penalties may arise in two situations: when income is not reported correctly and when taxes due are not paid on time. The law provides separate frameworks to deal with these…
Aditya Birla Housing Finance raises Rs 2,750 cr from Indriya via stake sale
New Delhi: on Friday said its subsidiary has raised Rs 2,750 crore by selling 14.29 per cent stake to Indriya Ltd, an arm of PE investor . In a regulatory…
PPF investment: How to build a ₹1 crore corpus at 7.1% and how long it takes
What if a steady, low-risk investment could quietly build a ₹1 crore corpus? That too, without the stress of market volatility? That’s the idea investors often link with the Public…
Zero tax on ₹20 lakh CTC? How a smart car lease can cut your tax under the new regime
What if your salary structure, not your salary hike, has the potential to decide how much tax you will pay? Yes! This is a growing trend, as elaborated by ClearTax…
Forced to mis-sell: IIIT graduate quits Rs 17 LPA bank job, cites sales pressure
“We bankers are so pressurised that we were forced to mis-sell. I think that was the main issue that led me to leave the bank as well.” That is how…
2% to 4% DA hike likely: Here’s how much your monthly pay may rise
If you’re a government employee keeping an eye on your salary slip, the next Dearness Allowance (DA) revision is probably on your mind. While it may not bring a big…
Women financially active but lack tailored advice, reveals HSBC report
New Delhi: Women are actively engaged in managing their finances but continue to face gaps in financial guidance, so a more tailored, life-stage-based advisory solution is needed, according to a…