Personal Finance News

EPFO hikes interest rate on provident fund to 8.65% from 8.55%, to benefit 6 crore subscribers

EPFO hikes interest rate on provident fund to 8.65% from 8.55%, to benefit 6 crore subscribers

Labour Minister Santosh Gangwar said that the decision to provide higher interest for subscribers for the current fiscal was approved by all members of the Central Board of Trustees of EPFO.

Feb 21, 2019, 17:24 PM IST
3 simple steps to confirm whether your Aadhaar card is linked with PAN card

3 simple steps to confirm whether your Aadhaar card is linked with PAN card

Just follow these simple steps.

Feb 19, 2019, 17:52 PM IST
Fake alert! Scamsters can wipe out your entire bank balance using this fake app

Fake alert! Scamsters can wipe out your entire bank balance using this fake app

These scamsters can carry out transactions through any mobile banking app or other modes of digital payments, UPIs or wallets.

Feb 18, 2019, 11:24 AM IST
EPFO likely to retain interest rate at 8.55% for FY19

EPFO likely to retain interest rate at 8.55% for FY19

The Central Board of Trustees headed by Labour Minister is the apex decision making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

Feb 12, 2019, 13:41 PM IST
Only 61 individuals declared gross income of over Rs 100 cr in AY2017-18

Only 61 individuals declared gross income of over Rs 100 cr in AY2017-18

This information was provided by Minister of State for Finance Pon Radhakrishnan to the Lok Sabha in a written reply Friday.

Feb 08, 2019, 16:29 PM IST
Bank of Maharashtra lowers lending rate by 5 bps

Bank of Maharashtra lowers lending rate by 5 bps

The rate cut is only for the loans with six-months tenor, while it has been left unchanged in four other time categories including the one-year MCLR.

Feb 08, 2019, 09:58 AM IST
Linkage of PAN with Aadhaar is mandatory for filing IT return: SC

Linkage of PAN with Aadhaar is mandatory for filing IT return: SC

The court's direction came on an appeal filed by the Centre against a Delhi High Court order.

Feb 06, 2019, 15:49 PM IST
BoB raises lending rates by up to 0.2%; home, auto and other loans to be expensive

BoB raises lending rates by up to 0.2%; home, auto and other loans to be expensive

Interest rate on one-year tenure will go up by 0.1 percent to 8.75 percent.

Feb 06, 2019, 12:22 PM IST
Tax defaulters beware! IT department to directly deduct money from your bank a/c

Tax defaulters beware! IT department to directly deduct money from your bank a/c

The bank account which is linked to your PAN card will be frozen and then IT department will initiate the action.

Feb 05, 2019, 14:46 PM IST
I-T assessments to be completely faceless in few years: CBDT chairman

I-T assessments to be completely faceless in few years: CBDT chairman

The CBDT frames policy for the I-Tax Department and functions under the Union Finance Ministry.

Feb 05, 2019, 09:55 AM IST
Modi govt likely to give big Pension bonanza to EPFO subscribers: Sources

Modi govt likely to give big Pension bonanza to EPFO subscribers: Sources

The government may hike the minimum pension of EPFO Subscribers, sources said.

Feb 04, 2019, 16:09 PM IST
Interim Budget 2019: Government may announce various sops for insurance sector

Interim Budget 2019: Government may announce various sops for insurance sector

The Interim Budget (2019-20) will be presented on February 1.

Jan 29, 2019, 12:40 PM IST
Finance Ministry looking at suggestions of raising upper age limit for APY: Rajiv Kumar

Finance Ministry looking at suggestions of raising upper age limit for APY: Rajiv Kumar

APY is guaranteed pension scheme announced by the government on May 9, 2015.

Jan 24, 2019, 12:46 PM IST
CBDT gives 21 days to non-filers to file I-T returns, submit response

CBDT gives 21 days to non-filers to file I-T returns, submit response

Non-filers can file I-T returns, submit response online.

Jan 23, 2019, 11:51 AM IST
En masse issue of prosecution notices to small cos for minor TDS default misleading: CBDT

En masse issue of prosecution notices to small cos for minor TDS default misleading: CBDT

CBDT said that some defaulter companies and vested interests are deliberately misleading the media to thwart action against themselves.  

Jan 22, 2019, 14:11 PM IST
Policy holders may get option to get accident/health claim benefits in installments

Policy holders may get option to get accident/health claim benefits in installments

Insurance Regulatory and Development Authority of India (Irdai) had set up a working group to study the proposal.

Jan 22, 2019, 12:22 PM IST
Income tax exemption limit may be raised to Rs 5 lakh; know all about the current tax slabs

Income tax exemption limit may be raised to Rs 5 lakh; know all about the current tax slabs

Amid reports that the govt may double income tax exemption limit, here's all you need to know about the current tax slabs.

Jan 21, 2019, 22:20 PM IST
Government may double income tax exemption limit from Rs 2.5 lakh to Rs 5 lakh

Government may double income tax exemption limit from Rs 2.5 lakh to Rs 5 lakh

Currently, income up to Rs 2.5 lakh is exempt from personal income tax.

Jan 21, 2019, 16:54 PM IST
LIC to launch new ULIP products soon, say sources

LIC to launch new ULIP products soon, say sources

ULIP is a combination of insurance and investment, where a policyholder can pay a premium monthly or annually.

Jan 21, 2019, 13:19 PM IST
Pre-filled I-T return from next year; refund process to be completed in just 1 day

Pre-filled I-T return from next year; refund process to be completed in just 1 day

The processing time at present for ITR is 63 days

Jan 17, 2019, 09:55 AM IST