Income Tax 5 big announcements at Union Budget 2023-24 Finance Minsiter made five major announcements at the end of her 87 minute speech. Let's have a look: Salaried people with income upto Rs 5 lakh do not pay any
Income Tax Revised tax slabs under Budget 2023 Finance Minsiter, Nirmala Sitaraman announced the Union Budget 2023, increasing the income level up to Rs 7 lakh a year in the new tax regime. Till now, it was Rs
News Banks to remain shut for 10 days in February While online banking activities and ATMs will continue to function, all individuals are advised to plan accordingly.
News NRI from these countries will soon be able to make UPI payment Non Resident Indians (NRIs) will soon be able to make UPI payments without having an Indian mobile number. NPCI (National Payments Corporation of India) has allowed NRIs in 10 countries
tips Why you should consider life insurance term plan? Life insurance is important for all. It helps you to secure your family financially in case of happening. Term insurance plans are considered to be one of the most important
News KYC mandatory for buying insurance From Jan 1, the policyholders have to provide Know Your Customer (KYC) documents for buying all types of insurance. The IRDAI (Insurance Regulator and Development Authority of India) has made
Bank Benefits of paying EMI in advance Under EMI in advance, the first payment is made in advance by the borrower to the bank. The first EMI amount doesn't consist of interest amount, it only consists of
Investment How to use PPF Calculator in BankInfo app? This tool helps you to calculate the investment value of your Public Provident Fund (PPF) after a certain period of time. The current interest rate is 7.1 %. It's a
Bank Which option to pay your EMI? While you are availing a loan, a customer is asked to pay EMI (Equated Monthly Installments) via three options - Fixed rate EMI, Floating rate EMI, and Step-down EMI. Fixed
Investment How to use SIP calculator? A SIP calculator is smart and easy tool that helps you to calculate the return on your mutual fund investments via SIP. You can render this service in our app
Bank Is writing on bank note makes it invalid? These days a message is being forwarded that writing anything on notes makes it illegal, as per RBI's guidelines. Messages sent via social media like WhatsApp creates a very big
tips What is UAN and how to activate it? Universal Account Number or UAN is a 12-digit unique number which is provided to each salaried employee who contribute a part of their income towards Employees Provident Fund. It is
News These changes will come into effect from Jan 1 From Jan 1, many changes will come into effect. From bank locker to credit cards, these rules will impact personal finance of the common man. Here are the updated rules.
tips Money mistakes that you should avoid Money management is difficult and can cost you much without your knowledge. Therefore, money management can help you to lay down the path to an amazing success story. Here is
Bank RBI changed bank locker rule from January 1 The Reserve Bank of India (RBI) has made it compulsory to renew their locker agreements with existing locker customers by January 1, 2023. All the current locker depositers are required
tips New interest rate of PPF in 2023 Increasing inflation and repo rate is hiked by the RBI, PPF holders are expecting an upward revision in Public Provident Fund interest rate. Even several banks are offering higher interest
Investment SIP vs Lumpsum: Which method to choose? Investing comes with choices. However, choosing how to invest is a common confusion for many investors. An invester can make a one time investment via lumpsum investment or can go
Financial Planning 5 ways to have healthy relationship with money Your relationship with your money isn't perfect or easy like all relationships in life. However, with ongoing effort and commitment, you can strengthen your bond. Financial self-care refers to taking
tips Why you should close home loan early? The home loan is the biggest loan in borrower's portfolio. Meanwhile, it helps you in building an asset, home loan EMIs also claim huge amount of your salary, making an
tips How to negotiate car loan? Buying a car is now easy process with minimum documents required. If you want to uy a cheaper and affordable car loan, then you have to plan attentively to get
Investment Do you need to pay tax on online investments? Tax is an important form via which countries raise funds for various purposes. There are multiple types of taxes based on the source or category. Depending on country's laws, taxes
Income Tax Who are liable to pay income tax? It is the total amount of tax you're responsible for paying to the taxman. Tax liabilities are incurred when income is earned, there is a gain on the sale of
tips What does your PAN say? Ever wondered what does the number printed on your PAN (Permanent Account Number) says? Many of us don't know how to decode the pattern of 10-digit alphanumeric number. It's a code which contains some important information about the PAN holder. To understand what does
Loan Factors that affect your Credit Score A CIBIL score or credit score is a number that ranges from 750-900 and is used by the lenders to approve an applicant's creditworthiness. The more closer your score is
Financial Planning How to file income tax return (ITR)? Here is the easy process A tax return is defined as a form filed with a taxing authority which reports income, expenses, and other pertinent tax information. Tax returns make it simple for taxpayers to