Indian Government imposes 2nd account for PF Credit

Till now, EPF is credited in a single provident fund a/c, but Indian Government wishes to split epf a/c’s into 2 separate a/c’s. As per Union Budget 2021, EPF Credit above 2.5 Lakh would be taxable. Especially, the employee contribution over and above 2.5 Lakh is subject to tax. So Indian Government wishes to separateContinue reading “Indian Government imposes 2nd account for PF Credit”

PNB Waives-off Service and Processing Fee on the eve of Festive Season Ahead

Are you in need of loan, but worried of service fee and processing fee levying on loan amount? Here’s a good news for you! Government sponsored Bank- Punjab National Bank waived all the processing fees including service charges on the eve of festive season ahead. This is a very good new for loan borrowers asContinue reading “PNB Waives-off Service and Processing Fee on the eve of Festive Season Ahead”

Now You Can Open FD’s on Google Pay Too!

Indians are slowing adopting to the digital world. Free usage of internet and available at lower tariffs prompts Indians to do digital payments Further. Digital Payment apps like Google Pay, Phone Pay, Paytm are attracting users with huge cash backs and discounts. As users are using digital platforms, many Tech companies are offering innovative featuresContinue reading “Now You Can Open FD’s on Google Pay Too!”

Opening NPS a/c Online Through Aadhaar

We all know that NPS(National Pension System) can be used as pension during retirement as well as for tax-saving of additional 50,000 rupees under sec 80CCD(1B). It can be availed over and above section 80C limit of 1.5 Lakh This prominence instrument is previously available only to central government employees, but later it was introducedContinue reading “Opening NPS a/c Online Through Aadhaar”

Unable To Control Your Expenses; Follow 50:30:20 Rule

we all are hearing that expenses are rising day-by-day; This is due to inflation-The silent killer and wealth destroyer. As per Government, inflation in India is about 6-7%, but in “Real”Terms it is above the government statistics. We as individuals can’t control inflation; The one thing we can do is to prepare a budget andContinue reading “Unable To Control Your Expenses; Follow 50:30:20 Rule”

Mistakes To Avoid While Using Credit Cards

Now-a-days credit cards are being used by one and all. Financial institutions and banks are offering credit cards with amazing deals. Points to remember while taking credit card– Be remember “Credit” Card is a due. It has to be repaid on-time; if it is delayed you have to bear interest rate up to 36-48% onContinue reading “Mistakes To Avoid While Using Credit Cards”

Another Major Deal; PayU acquired Bill Desk at an amazing Price

It is very common today to acquire small enterprises into giant firms through amazing deals. Previously we saw Mukesh Ambani acquires many firms as a part of their business expansion. In Today’s competitive world, it is very common of acquisitions and mergers as a part of corporate business. Likewise, PayU acquired India’s largest payment systemContinue reading “Another Major Deal; PayU acquired Bill Desk at an amazing Price”

SEBI Has Mandated All Demat A/C Holders To Update Their KYC On Or Before September 30th,2021

We all know that Demat a/c is needed to trade in securities market. Especially to buy shares demat a/c is mandatory. For mutual funds investments it is optional, but it is safe to hold all your portfolio details in demat a/c, SEBI Guidelines on Demat a/c– SEBI has instructed all the demat a/c holders toContinue reading “SEBI Has Mandated All Demat A/C Holders To Update Their KYC On Or Before September 30th,2021”

Haven’t You Linked Your Pan with Aadhaar;Hurry! The Last Date is Nearing

Indian Government made it mandatory to link Pan Number with Aadhaar. Every individual needs to update their Pan with Aadhaar on or before 30th September 2021. Though Modi Government extends the deadline several times; it is not suggestable to wait for last minute. Due to covid tensions, Government extends the last date, but this timeContinue reading “Haven’t You Linked Your Pan with Aadhaar;Hurry! The Last Date is Nearing”

Bank Holidays in September 2021; as per RBI Guidelines

Do you need cash transactions in the coming september month! Hurry! According to RBI calendar there are 12 public holidays to the banks. So if you want to do cash transactions for your basic needs, plan accordingly to the RBI Calendar. As per the notice issued by RBI, the public holidays falls under- Date ReasonContinue reading “Bank Holidays in September 2021; as per RBI Guidelines”