EPF Subscribers be alert! Know the latest updates which are going to be implemented post April 1st,2022 onwards

Big alert to EPF Subscribers! As per recent amendment passed in budget 2021-22, Contributions beyond 2.5 lakh are subject to tax. So every epf subscriber is liable to pay tax if his epf a/c crosses the threshold limit of 2.5 lakh in a financial year. Latest amendment to be implemented on epf a/c’s post AprilContinue reading “EPF Subscribers be alert! Know the latest updates which are going to be implemented post April 1st,2022 onwards”

HDFC Bank Gives Sweet Surprise To Their Customers By Hiking F.D Interest Rates

Indians being “natural savers” prefers to do safe-return investments. Even though the trend has changed there are still some section of people who rely entirely on “interest income”. People including retirees, unorganised workers, senior citizens rely on fixed deposits. But due to the “Falling interest rate scenario” they are getting nervous on the returns fromContinue reading “HDFC Bank Gives Sweet Surprise To Their Customers By Hiking F.D Interest Rates”

Wanted Slightly Higher Returns Than Normal Bank F.D’s? Consider Company Fixed Deposits

As we all are aware that bank fixed deposits interest rates are at lowest levels, people(especially senior citizens)who are relying on interest income are finding it hard to survive in this highly inflationary country. For those who wants to gain higher returns than bank fixed deposits can consider “Corporate Fixed Deposits”. But do remember thatContinue reading “Wanted Slightly Higher Returns Than Normal Bank F.D’s? Consider Company Fixed Deposits”

Do You Want Better Returns Than Bank FD? Consider Post Office Time Deposit

India is said to be a saving economy, it implicates natuural saving culture of Indians. But from the past few years banks are decreasing interest rates which hurts the savings culture. Today Many savers are not interested to do bank fixed deposits(FD) due to falling interest rates. But there’s still a hope to them inContinue reading “Do You Want Better Returns Than Bank FD? Consider Post Office Time Deposit”

Are You Looking For Stable and Guaranteed Returns? Consider ICICI Bank FD’s as it Hikes Interest Rates Recently

As we all know that banks have slashed term deposit rates insignificantly, those who depend on assured returns finds it difficult to survive. Retired employees(senior citizens) have been facing far lower returns than the inflation rate in India. To their surprise India’s leading private bank ICICI Bank has hiked term deposit interest rates slightly higherContinue reading “Are You Looking For Stable and Guaranteed Returns? Consider ICICI Bank FD’s as it Hikes Interest Rates Recently”

Wanted Higher Interest Rates Than Normal Bank FD’s; Consider These

We all know that bank fixed deposits(FD) rates are at lowest of the decade. For those who are relying on fixed income instruments it is hard to digest such low interest regime. But do you know some banks are offering nearly 7-7.3% even in these falling interest rate scenario? Yes what you saw is reallyContinue reading “Wanted Higher Interest Rates Than Normal Bank FD’s; Consider These”

SBI Worries On The Current Interest Rate Scenario in The Country

As we are all aware of declining interest rate scenario in the country from the past few years. There is no hope that interest rates would go-up in the near future. Considering this situation, India’s leading Bank SBI Financial experts team concluded that their “Customers are getting returns below the inflation rate! At least GovernmentContinue reading “SBI Worries On The Current Interest Rate Scenario in The Country”

Latest Bank FD Rates

Fixed Deposits are considered to be the safest and liquid asset class in India even today.This is because the returns are guaranteed and they can be withdrawn on any business day. Though there will be some penalty on premature closure, retirees and savy investors prefers Fixed deposits to any other saving instrument. This is dueContinue reading “Latest Bank FD Rates”