TDS Deduction Rate 2024 by Source of Transaction

The Income Tax Department announced TDS Rate 2024 or TDS Deduction Rate 2024 for the current financial year based on certain transactions such as salary, house rent, interest income, cash withdrawal, fixed deposits, and other sources. Section-wise, complete details are listed here. Tax Deducted at Source (TDS) is a tax collection method in India wherein … Read more

List of the Bank Charges on Loans in 2024

Banks provide various loans based on their customers’ requirements, and they charge different types of fees or charges on the loans, such as processing fees, pre-closure charges, and late payment charges with penalties; here are the Bank Charges on Various Loans in 2024. Bank Loans are a common way to borrow money from banks for … Read more

How to Activate Flipkart UPI

Flipkart, a popular e-commerce website, has launched its Unified Payment Interface (UPI) service. This enables users to access digital services such as making payments, paying electric bills, and recharging mobile phones via QR codes. The company has partnered with Axis Bank for UPI services. Rajnish Kumar, the company’s Chief Corporate Affairs Officer, stated that the … Read more

Bank FD Rates 2024 in July at SBI, HDFC, Axis Bank

There are various investment options available these days, but individuals seeking steady returns with minimal risk often opt for fixed deposits. By depositing their hard-earned money in banks, they can receive a stable income. Currently, many banks are offering attractive interest rates on deposits, so it’s important to compare these rates before making a deposit. … Read more

Income Tax Section 80D Limit Increased Upto 1 Lakh?

Union Finance Minister Nirmala Sitharaman is set to present the comprehensive annual budget for the financial year 2024-25 in Parliament later this month. Taxpayers are hoping for incentives, especially for senior citizens over 60 who are required to pay taxes on their income. Given the current rising cost of living and other expenses, there is … Read more

PPF Interest Rates 2024: Public Provident Fund Interest Rates Unchanged for July to September Quarter 

Despite the various investment opportunities available in the country, the demand for small savings schemes, also known as post office schemes, remains distinct. The primary reason for their popularity is the backing of the central government, alongside additional benefits such as guaranteed returns and tax incentives. While not all schemes offer tax benefits, the promise … Read more

Bank Holiday Today? List of Bank Holidays in July 2024

The Reserve Bank of India announced the holiday list for both government and private banks in July 2024. Banks will be closed for a total of 12 days in July 2024. These holidays include regional holidays, special holidays of states, weekly holidays on Sundays, and the second and fourth Saturdays. RBI classifies holidays into three … Read more