The Income Tax Department has released offline, online, and Excel utilities for ITR-3 for FY 2023-24 (AY 2024-25). Individuals who need to file ITR-3 for FY 2023-24 (AY 2024-25) can now use either the offline (Java), online or Excel-based utility to file their income tax return (ITR). These utilities are …
Read More »RBI allows prepaid wallets, cards without KYC, to pay for rail, metro, bus, toll, parking; how it works
The Reserve Bank of India (RBI) announced that it will now allow licenced bank and non-bank Prepaid Payment Instrument (PPI) issuers to issue PPIs for payments across different public transport networks without KYC. Metro, bus, train, waterways, tolls, and parking services can now be paid digitally through prepaid wallets and …
Read More »15 schemes you might want to invest in to save income tax in FY24 | pf news investments
Premium 15 schemes you might want to invest in to save income tax in FY24 6 min read Last Updated : Feb 10 2023 | 4:05 PM IST The Budget that Finance Minister Nirmala Sitharaman presented on February 1 included significant modifications in the new income tax regime. Individuals need …
Read More »Explainer: Thinking about how much to invest to achieve Rs 1 crore corpus? Here is the guide
Mutual fund advisors always recommend investors to invest according to their risk appetite, investment horizon, and goal. So if you are investing in a mutual fund scheme via SIP, are you investing to build your retirement corpus or for your next vacation or purchase a new home? A SIP in …
Read More »Up to 8.6% interest rate: Find out best interest rates offered on senior citizen FDs
Senior citizens who wish to grow their money by investing in fixed deposits (FD) are in for a rejoice since there are still many banks giving a higher FD interest rate. Furthermore, senior citizens have two more compelling reasons to invest in an FD – a slightly higher interest rate …
Read More »25% urban Indians have no life insurance, GenZ least secure financially: Survey
Despite high awareness, term plan ownership is low among urban Indians, shows a Max Life Insurance survey. The Max Life Insurance India Protection Quotient 6 survey was done in partnership with Kantar. The survey was conducted among 4,700 urban Indians across 25 cities. IPQ is the degree to which Indians …
Read More »10 things to remember if you are investing in units of a mutual fund
They work well for investors who aren’t adept at picking stocks, debt and other instruments. Yet, one must consider a host of factors before choosing a scheme or fund house Source link
Read More »These 10 equity mutual funds deliver over 15% CAGR in five years – Top Performers
May 11, 2024, 11:54:20 AM IST Around 27 equity mutual funds have offered more than 15% return in the last five years based on daily rolling returns, an analysis by ETMutual Fund showed. There were around 185 equity mutual funds that completed five years. Here are the top 10 schemes, …
Read More »“Rs 15,000 credited to a/c XXXXX9082”: Beware of this latest scam; how to identify and save your money
One type of phishing attack — smishing (SMS phishing) is now being used to dupe customers of banks. If you have a bank account, you must be aware of it to avoid falling prey to this latest scam. What is it? How do fraudsters use it to empty your bank …
Read More »higher eps pension: Will higher EPS pension dream collapse due to EPFO’s new calculation rules?
Applicants for higher pension under the Employees’ Pension Scheme (EPS 95) may be in for a rude shock as there have been media reports that the EPFO is promoting a new rule to calculate the higher pension. The purported rule is based on giving higher pension on a pro-rata basis, …
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