The UPI News reports a new framework in UPI payments, allowing payments to be made without a PIN. According to RBI News, the payment system has been evolving rapidly. From waiting in long bank queues, we have progressed to making payments within seconds, right from the palm of our hand. New technologies are being introduced … Read more
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
Everyone can save tax through the top 5 savings options without Section 80C for this current financial year. Have a look and utilize those income tax sections to save additional tax along with Section 80C before March 31st, 2024. Are you interested in investing in tax savings to reduce your income tax? Section 80C of … Read more
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
Are you interested in applying for the Rooftop Solar Scheme? Known as PM Surya Ghar Muft Bijli Yojana. The application process is simple and can help you receive up to 300 units of free electricity. The PM PM Surya Ghar Muft Bijli Yojana scheme was initially announced in the Union Budget as the Rooftop Solarization … Read more
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
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
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
Studying abroad has become common these days, with Indian students travelling to countries all over the world like America, China, and Korea. However, difficulties can arise after arriving, especially concerning money. This includes expenses like college admission fees, course fees, and daily living expenses, which require the use of local currency and can result in … Read more
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