Financial literacy for everyone

This page is about news regarding Indian financial sector, financial planning tips

20/02/2025

Google Pay introduces convenience fee for electricity, gas bill payments: Report The charges will apply to debit and credit card payments with the fee that will range from 0.5% to 1% of the transaction value.

26/08/2024

Taxability of rental income and claiming deduction of interest on home loan Any rental income derived by a taxpayer would be liable to taxation under income from house property.

26/08/2024

RBI to launch Unified Lending Interface to plug credit gap in MSME, agri, other sectors The new platform currently in the pilot stage will “facilitate seamless and consent-based flow of digital information, including even land records of various states, from multiple data service providers to lenders," said RBI Governor Shaktikanta Das.

28/03/2024

IRDAI norms on surrender value to be effective April 1: Here’s how it will impact policyholders The finalized regulations avoid the initially proposed high surrender values, which could have decreased Internal Rate of Returns (IRRs) for policyholders.

12/03/2024

T+0, instant settlement cycle: What is the new SEBI proposal and its potential benefits for investors? Currently, under the T+1 settlement cycle, securities and funds are settled by the next day of the trade. How can the proposed system be made more conducive to Indian investors? Here's what a recent Sebi consultation paper has said.

12/03/2024

Credit card rule change: You can soon choose from multiple card networks; when it comes into effect, who is not eligible Choosing a credit card: The Reserve Bank of India has directed card issuers to not sign exclusive contracts with card networks that restrain them from using other networks, in support of consumers' freedom of choice. The new rule will be effective from September 6, 2024.

23/11/2023

गोल्ड बाँड; 128% परतावा अपेक्षित: 26 नाेव्हेंबर 2015 रोजी काढलेले गोल्ड बाँड 30 ला मॅच्युअर होणार साॅव्हरेन गाेल्ड बाँडची पहिली सिरीज ३० नाेव्हेंबरला मॅच्युअर होणार आहे. हा बाँड २, ६८४ रुपये प्रतिग्रॅमच्या इश्य...

31/10/2023

National Pension System: New rule allows monthly withdrawal till age 75 without buying an annuity National Pension System Systematic Lump Sum Withdrawal Rule 2023: The Pension Fund Regulatory and Development Authority (PFRDA) has issued a circular providing the facility of Systematic Lump Sum Withdrawal.

10/08/2023

How to write a Will for property in India by yourself and include pets too Steps to Write/Create a Will yourself in India for property, pets in India: Individuals, who don’t want to go through online platforms, can write a Will themselves also.

06/07/2023

Credit Card portability: Change from Visa to MasterCard to RuPay or any network soon – What RBI said Credit Card portability rules 2023: From October 1, credit card, debit card and prepaid card customers will be able to port their networks.

03/07/2023

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