The Employees Provident Fund Organisation (EPFO) is set to launch a new web portal, called E-PRAAPTI, with aim to streamline recovery mechanism for members who have old and inoperative EPF…
Category: Banking And Finance
I asked ChatGPT how to build fintech startup in 5 years on ₹10 LPA job: AI didn’t sugarcoat anything
I acted as a 26-year-old Bengaluru tech professional who wanted a realistic startup preparation plan. I asked for an honest framework for building toward entrepreneurship responsibly while staying employed. ChatGPT…
RBI eases rules for outward remittances; drops prior approval for non-bank entities
Mumbai: The Reserve Bank on Wednesday removed the prior approval requirement for to form tie-up arrangements for facilitating outward through banks in India. The central bank has issued an operating…
Income-tax rules: Capital gains taxation on digital, paper, physical and inherited gold for Indians and NRIs, explained
Income-tax rules: Profits or capital gains generated from sale of your digital gold, paper gold (which includes gold ETFs, gold mutual funds and sovereign gold bonds) and physical gold assets…
ITR filing 2026: Sold property at a loss? Here’s how you can claim income tax relief this year
A property sale may not always generate profits, particularly in cases involving market corrections, distress sales, or properties held in areas witnessing weak price growth. If a house, plot, or…
From 4-day work week to higher PF: 11 big changes under the new labour code
A four-day work week, possible changes in take-home salary, higher PF savings and new gratuity rules — India’s new labour code regulations could change how millions of employees work and…
Jio Financial and Allianz Group formally launch 50:50 insurance JV
New Delhi: was incorporated on Tuesday, with the granting a certificate of incorporation. (JFSL) and of Germany are holding 50 per cent each in the insurance firm.Jio Allianz Ltd (JAGIL)…
PPF extension vs phased withdrawals: What should investors choose after account maturity?
After a Public Provident Fund (PPF) account completes its 15-year maturity period, investors have to decide whether to withdraw the entire corpus and close the account, extend it for another…
8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision
The 8th Central Pay Commission (8th CPC) has now entered a vital consultation phase, with stakeholder meetings and regional visits now underway across the nation. As the Commission begins its…
Canara Bank hikes MCLR rate by 5 bps — Here’s a look at how this impacts your auto, home and personal loan repayments
Canara Bank on Tuesday hiked its Marginal Cost of Funds Based Lending Rate (MCLR) rate by 5 basis points (bps), effective from 12 May, according to the public sector lender’s…