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Government slashes small saving schemes interest rates by 0.1%

The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by 0.1 per cent for the April-June quarter, a move that would prompt banks to

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How GST will impact hospitality industry

On Wednesday, the Lok Sabha passed the four GST bills after a long discussion, paving the way for the realization of the biggest tax reform independent India has seen. The Indian hospitality and touri

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Are you adequately insured? Find out how much life insurance you need

Containing life’s uncertainties is an important part of financial planning. While buying life insurance, people often find it difficult to calculate an adequate sum assured requirement. There are al

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NITI Aayog on digital payments: Over 14 lakh consumers win Rs 226 cr under e-payment scheme

More than 14 lakh consumers and 70,000 merchants have been awarded over Rs 226 crore in the last 90 days under the NITI Aayog's schemes to promote digital payments.

NITI Aayog, Government, Lucky Grahak Yojana, Digi-Dhan Vyapar Yojana, Digital Payment News

EPFO defers decision to hike investments in ETFs to 15%

Retirement fund body EPFO's trustees today deferred the discussion on the proposal to increase investments in ETFs to 15 per cent, from the current 10 per cent of investible deposits, in 2017-18.

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Simple Tax Returns form? Now, Modi government to seek info on deposits made during demonetisation in new ITRs

The Income Tax Department will seek data on deposits made by an assessee during the demonetisation period as part of the new Income Tax Returns (ITRs) that would be notified soon for assessment year 2

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Tax-saving NFO: Here’s all you need to know about Sundaram Long Term Micro Cap Tax Advantage Fund Series V scheme

Sundaram Long Term Micro Cap Tax Advantage Fund Series V is a 10-year close-ended Equity Linked Savings Scheme and is beneficial for those who are looking for a fund to save tax. The scheme will also

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India tops Credit Suisse Emerging Consumer Scorecard

India has the highest consumer confidence score among the eight emerging markets surveyed, while China slipped to third place.

Money News

82,048 houses built under PM Awas Yojana: Govt

A total of 82,048 houses have been constructed under the Pradhan Mantri Awas Yojana - Urban (PMAY Urban) as on March 20, 2017 and of these 62,312 have been occupied, the government said today. During

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Home loan interest too high for Indian buyers, study finds

High housing loan interests and reluctance to borrow are dissuading Indian buyers who have to dig into savings to own a house. There is significant demand for affordable housing amongst the younger ag

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Mid-Day Meal Scheme covered under Aadhaar

The use of Aadhaar as identity document would not affect the health of the children as it brings in transparency and efficiency for delivery of services or benefits or subsidies, simplifies the Govern

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Get your vehicles insured now: Only 2 days left to save up to 40% on your car and bike’s third party insurance

Insurance regulator IRDA has increased the third party motor insurance rates by up to 40 percent, which will be effective from April 1, 2017. If your car insurance is pending for renewal, then you sho

Money News

Only 1 day left to save tax: The lazy investor’s last minute tax-saving guide

It’s March 30, and that means you have only one day left in the financial year. If you’re reading this article, chances are that you’ve been naughty with your tax-planning and have left it for t

Money News

IRDAI hikes third party motor insurance premium rates by up to 40%

Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) has finally set the highest third-party premium rates around 40 percent, giving some relief to vehicle owners. The r

Money News

Want to save tax without investing? Here’re 5 ways to do that

Only two things are said to be certain in life – death and taxes. Tax, in fact, is something which almost every individual having income beyond a certain limit has to pay. And we have the common per

Money News

Kotak Bank launches scheme to double customers to 16 million

Private sector lender Kotak Mahindra Bank (KMB) today said it is aiming to double its customer base over the next 18 months, primarily through digital account opening from the present 8 million.

Money News

NFO: Here’s all you need to know about ICICI Prudential Fixed Maturity Plan – Series 80 – 1118 Days Plan X scheme

ICICI Prudential Fixed Maturity Plan – Series 80 - 1118 Days Plan X is a debt fund which aims to provide long-term savings solutions for investors to generate income by investing in a portfolio of f

Money News

GST impact on common man in just 7 easy to understand points

The Lok Sabha today was locked in a marathon seven-hour debate which will hopefully end in the passage of the GST Bill. Since August of last year, when the 122nd Amendment was passed by the Rajya Sabh

Money News

Pain filing Income Tax Returns? Crisp I-T form for salaried individuals to be introduced from April 1

A crisp income tax form for salaried individuals will be introduced from April 1, doing away with some columns to simplify the filing of returns. Individuals with salary and interest income will have

Money News

SBI Card launches credit card to enhance nationwide reach of digital payments

SBI Card, one of India’s leading credit card issuers, today announced the launch of a unique credit card, ‘SBI Card Unnati’, targeted at all SBI customers, including Jan Dhan account holders thr

Money News

Want to open a PPF account? Here are 10 important things to know

Public Provident Fund (PPF) is one of the most popular tax-saving instruments. The objective of PPF is to give an option to salaried individuals, who are not covered under Employees Provident Fund (EP

Money News

Benefits of Aadhaar should not be undermined: Lavasa

The 'revolutionary' biometric identifier program Aadhaar should not be undermined as it has brought efficiency in public spending and removed corruption, Finance Secretary Ashok Lavasa said today.

Benefits of Aadhaar should not be undermined: Lavasa

Having undisclosed income? Rush as Pradhan Mantri Garib Kalyan Deposit Scheme closes on March 31

Deposits under this scheme can be made by any person who has declared undisclosed income. The sum, which shall not be less than twenty-five per cent of the declared undisclosed income, can be deposite

Money News

10 sure shot ways to increase your chances of a promotion

With the Indian economy coming out of the pains of demonetization, lots of companies have resumed hiring, apart from giving the usual increments and promotions to their existing staff. If you have bee

Money News

Here’s all you need to know about ICICI Prudential Fixed Maturity Plan – Series 80 – 1125 Days Plan S

The ICICI Prudential Fixed Maturity Plan (FMP) - Series 80 - 1125 Days Plan S is purely a long-term savings solution comprising of moderate risk. This means the risk is neither too high nor too low. T

Money News

Tata AIA launches m-Insurance in partnership with TTSL

Hyderabad, Mar 28 (PTI) Tata AIA Life Insurance Co Ltd has joined hands with Tata Teleservices Ltd. (TTSL) to launch m-Insurance which they said would also bring the economically weaker sections under

Money News

Want to take education loan? Here’s all you need to know

The cost of education – especially higher education – is rising day by day, and because of the high fee structure many students are unable to take admission in their desired college.

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