The Pension Fund Regulatory and Development Authority (PFRDA) is considering demands that the body’s Atal Pension Yojana (APY) increase the upper limit of its monthly pension payout, according to a…
Category: Banking And Finance
Overdraft vs Personal Loan: What is the difference and how to choose the right one for you?
Sometimes, we require extra funds to cover diverse financial needs, making our borrowing patterns vary. Consequently, a clear understanding of different credit facilities—like overdrafts and personal loans—is crucial. This knowledge…
Fino Payments bank CEO Rishi Gupta resigns after ‘fit and proper’ clearance, interim chief extended
board has accepted Rishi Gupta’s resignation on Thursday even after finding him “fit and proper” to lead the bank as managing director and chief executive officer for a second term.…
Income-tax return forms released: Here’s all you need to know about ITR-1 Sahaj — Top FAQs answered
The Income-Tax department has notified I-T return (ITR) forms for assessment year 2026-27 (AY27) or financial year 2025-26 (FY26) and enabled Excel Utility for the ITR-1 and ITR-4 forms so…
8th central pay commission: Roll-out takes years — Here’s why central government employees may get pay hike only in 2027
The 8th central pay commission has begun its consultation process and is holding discussions with employee representatives and stakeholders across various states before making its recommendations for the salaries and…
75.5% of Indians lack a retirement plan, while 77% avoid financial advice: 1 Finance survey
India is steadily moving towards a retirement preparedness crisis, as a majority of middle-aged earners lack both structured financial planning and professional guidance, according to a recent survey conducted by…
Hindu Undivided Family: Who is eligible to form HUF and how much tax can be saved?
A Hindu Undivided Family (HUF) is a legally recognised and effective tax-saving structure under Indian income tax laws that helps families in income distribution and wealth management. Treated as a…
What happens when you close your loan early? All you need to know about prepayment charges
Loans are often essential during financial emergencies or major life goals such as buying a house, purchasing a car, or funding higher education. However, there may be times when your…
Haryana govt-IDFC First Bank fraud case: CBI files first chargesheet in alleged Rs 504 cr misappropriation case
The Central Bureau of Investigation (CBI) on Thursday filed its first chargesheet in the alleged misappropriation of Haryana government funds involving officials of , , Haryana government departments and private…
Fixed Deposits: Can you save tax on FD interest? Key rules every depositor should know
A fixed deposit (FD) may look simple: you put money in the bank, earn guaranteed interest, and collect the maturity amount later. But many investors are caught off guard when…