Investing in PPF? Don’t exceed the Rs 1.5 lakh limit; interest earned on excess contribution will be taken back!
New rules now link PPF investments to PAN, making it impossible to hide multiple accounts. Exceeding the Rs 1.5 lakh annual limit can lead to ...
UPS vs NPS: Only 1 lakh of 23L govt employees switch to Unified Pension Scheme; request deadline extension
The government is considering extending the September 30 deadline for switching to the Unified Pension Scheme (UPS) as only 1 lakh out of 23 lakh ...
Deposit claims up to Rs 15L get easier for kin of deceased
The RBI has introduced new rules simplifying claims for deceased bank customers, allowing nominees to claim up to Rs 15 lakh from banks and Rs ...
Unclaimed money in mutual funds shot up 20% in 2024-25: Over Rs 3,400 crore of unclaimed dividend, redemptions lying with MFs, says SEBI
Unclaimed dividends and redemption proceeds in mutual funds have surged to ₹3,452 crore in 2024-25, a 20% increase from the previous year, according to Sebi. ...
Lenders seek safety, young borrowers hold back: Report
A TransUnion Cibil report reveals a cautious lending landscape in Q1FY26, with secured loans like property and gold seeing stronger growth than personal and auto ...
New feature! EPFO launches ‘Passbook Lite’ – What types of benefits will members see?
EPFO Simplifies Access with Passbook Lite: Your Savings, Simplified Managing your Employee Provident Fund (EPF) just got a whole lot easier. The Employees’ Provident Fund ...
Markets slide in August: US tariffs, Russia-Ukraine war hit equity; GST reforms offer cushion
Indian equity markets faced headwinds from US tariff hikes and the Russia-Ukraine conflict, partially offset by GST reforms. Bond yields rose as the RBI held ...
Retirement planning mistakes: 8 costly errors to avoid – from skipping withdrawal plans to ignoring medical expenses
Many retirees face financial challenges due to inadequate savings, medical emergencies, or inflexible investments. Common mistakes include lacking a withdrawal plan, over-investing in annuities, avoiding ...
Bank Holidays in September 2025: On what days will banks be closed? Check complete state-wise list
In September 2025, banks across India will observe several holidays, including Karma Puja, Onam, Id-e-Milad, Indrajatra, Navratra Sthapna, and Durga Puja. These holidays will affect ...
Mutual funds’ share in household savings jumps 6x in decade on inclusion, low rates & confidence boost
India’s Savings Landscape is Changing: How Mutual Funds are Leading the Charge For years, the image of the quintessential Indian saver conjured thoughts of gold, ...
