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PPF Investment limit increased: The investment limit increased in a decade, but the interest rate decreased by 1.7%, is the scheme still effective for retirement?

PPF Investment limit increased: The investment limit increased in a decade, but the interest rate decreased by 1.7%, is the scheme still effective for retirement?

by pankaj | Jul 29, 2024 | Latest News

Public Provident Fund (PPF) has traditionally been the choice for long-term investors. The main drivers of this are tax exemption and risk-free, consistent returns. However, according to the statistics, many modifications have been made to PPF over the past ten years....
UPI Payment New Rule: Link your credit card with UPI, and get cash back on payment. Know details.

UPI Payment New Rule: Link your credit card with UPI, and get cash back on payment. Know details.

by pankaj | Jul 29, 2024 | Latest News

The Reserve Bank of India, the nation’s central bank, has now begun offering UPI payments by credit card. Before this, only debit cards could be used to pay via UPI. Nevertheless, many credit card holders still need to understand how to use their credit cards to...
Check your PF Balance: Check your PF passbook balance by SMS, Missed call, the Umang app, and the EPFO website.

Check your PF Balance: Check your PF passbook balance by SMS, Missed call, the Umang app, and the EPFO website.

by pankaj | Jul 29, 2024 | Latest News

If you work, a portion of your salary is deposited into the Provident Fund each month. It amounts to 12% of the basic salary. Your employer also deposits the same sum. However, 8.33 percent of this is put into the Employee Pension Scheme, or EPS, and the final 3.67...
Income Tax Saving: No need to pay even ₹ 1 tax on a salary of 10 lakh, not 12 lakh. Understand the math here.

Income Tax Saving: No need to pay even ₹ 1 tax on a salary of 10 lakh, not 12 lakh. Understand the math here.

by pankaj | Jul 29, 2024 | Latest News

December has already begun, and the new fiscal year 2022–23 (FY 2022-23) will begin on April 1. The Finance Minister will deliver the budget for the upcoming fiscal year to Parliament on February 1. But out of all of this, the thing that has helped you the most is...
Impact of RBI repo rate hike: Here is a List of banks raising interest rates on home loans!

Impact of RBI repo rate hike: Here is a List of banks raising interest rates on home loans!

by pankaj | Jul 29, 2024 | Latest News

To combat inflation, the Reserve Bank of India increased the repo rate five times in FY23. The central bank’s most recent change in monetary policy was announced on December 7, 2022, when 35 basis points raised the repo rate to 6.25%. The strong credit growth is...
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