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SEBI Gives Approval to Jio Financial and BlackRock to Set Up Mutual Fund Business: A Game-Changer in India’s Investment Landscape

SEBI Gives Approval to Jio Financial and BlackRock to Set Up Mutual Fund Business: A Game-Changer in India’s Investment Landscape India’s financial ecosystem is witnessing a significant transformation with the Securities and Exchange Board of India (SEBI) granting approval to…

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AI Digital Twins to Boost PM Gati Shakti: Transforming India’s Infrastructure Development

AI Digital Twins to Boost PM Gati Shakti: Transforming India’s Infrastructure Development The Indian government’s ambitious PM Gati Shakti initiative aims to modernize and streamline the country’s infrastructure development by fostering a synchronized, multi-modal network of highways, railways, airports, and…

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Best Mutual Fund Distributor in Shrirampur – Nivesh Nidhi

Best Mutual Fund Distributor in Shrirampur – Nivesh Nidhi For those in Shrirampur seeking reliable and expert guidance in mutual fund investments, Nivesh Nidhi stands out as the best mutual fund distributor in the region. Known for its client-focused approach…

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Best Mutual Fund Distributor in Konnagar – Nivesh Nidhi

Best Mutual Fund Distributor in Konnagar – Nivesh Nidhi For those in Konnagar seeking reliable and expert guidance in mutual fund investments, Nivesh Nidhi stands out as the best mutual fund distributor in the region. Known for its client-focused approach…

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Best Mutual Fund Distributor in Rishra – Nivesh Nidhi

Best Mutual Fund Distributor in Rishra – Nivesh Nidhi For those in Rishra seeking reliable and expert guidance in mutual fund investments, Nivesh Nidhi stands out as the best mutual fund distributor in the region. Known for its client-focused approach…

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Best Mutual Fund Distributor in Gazole – Dipankar Majumdar

Best Mutual Fund Distributor in Gazole – Dipankar Majumdar For investors in Gazole seeking expert guidance in mutual fund investments, Dipankar Majumdar is widely recognized as the best mutual fund distributor in the area. With a solid reputation for delivering…

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  • 8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?

    8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central govt employees. Here's what role it plays in the decision process…

  • Bank deposit risk explained: What happens to your money if a lender fails to return it?

    Bank deposits are generally safe, but in case of bank failure, only ₹5 lakh per depositor is insured under the DICGC. This coverage applies to all accounts in a bank, with specific exclusions for certain deposits. Details here. 

  • Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared

    Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.

  • Sovereign Gold Bonds: RBI announces redemption price for 2018 series payable on 4 May; here's how much you gain

    The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at ₹14,901 per unit, payable on 4 May 2026. Investors could see gains of nearly 386% from the issue price of ₹3,114 per unit.

  • Income tax: How much cash can you deposit to prepay home loan principal without attracting I-T notice?

    Income tax rules discourage cash transactions, limiting annual deposits to ₹10 lakh. Experts recommend using savings accounts for cash deposits

  • How to claim stuck NPS funds with interest? Step-by-step guide for subscribers

    Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Authority. Full details here.

  • Family floater vs separate policy: What’s best health insurance policy for your elderly parents?

    Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insured, medical history of family members, and family size 

  • PPF maturity rules: What investors should do when their account matures?

    As PPF accounts reach maturity, holders must choose to withdraw the total amount, extend for five years, or continue without extra deposits. Here's what each option offers.

  • Estate planning: How is father’s property divided among sons and daughters? Can a sister claim her brother’s property?

    A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and Hindu Succession Act emphasise equal rights for daughters and sons in inheritance matters.

  • Why has my ₹90 lakh home loan's principal reduced by only ₹6 lakh despite paying 60 EMIs? I asked ChatGPT

    I asked ChatGPT why the principal of my ₹90 lakh home loan hasn't decreased much despite paying off ₹45 lakh via 60 EMIs. Here is what AI said.

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