Fund managers infused Rs 71 crore in real estate investment trusts (REITs) and Rs 909 crore in infrastructure investment trusts (InvITs) in January this year, according to the Securities and Exchange Board of India (Sebi).
Insurance Regulatory and Developement Authority of India (Irdai) has already provided additional time for payment of renewal premium in case of health insurance policies and motor third party insurance.
After completing 15 years, account holders have 2 options: they can either extend the PPF account with fresh contributions or extend the PPF account with no fresh contributions. Experts suggest, before withdrawing on maturity, know the PPF rules that may be of help to you.
SCSS interest income: In the wake of deep cuts in interest rates of small savings schemes, the SBI Research has suggested the government to make interest income on Senior Citizen Savings Scheme (SCSS) completely tax-free
The repayment schedule for such loans will shift by 3 months after the moratorium period and it includes all principal and interest payments. The interest for this period will continue to accrue on the outstanding portion of credit card dues as well as term loans during the moratorium period.