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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
SC allows NGO to make RBI party in WhatsApp payment service matter

SC allows NGO to make RBI party in WhatsApp payment service matter

The plea filed by NGO Centre for Accountability and Systemic Change (CASC) said Whatsapp has not fully complied with the circular of the RBI which prescribed data localisation norms.

Jan 15, 2019, 10:42 AM IST
LIC Mutual Fund launches short term debt fund: All you need to know

LIC Mutual Fund launches short term debt fund: All you need to know

Investors can make investment in the scheme in a lump sum.

Jan 11, 2019, 13:14 PM IST
Debit, credit card transactions got a lot more safer – Here's what RBI plans to do

Debit, credit card transactions got a lot more safer – Here's what RBI plans to do

Tokenisation involves a process in which a unique token masks sensitive card details.

Jan 09, 2019, 17:30 PM IST
Government allows premature withdrawal from New Pension Scheme Fund: Shiv Pratap Shukla

Government allows premature withdrawal from New Pension Scheme Fund: Shiv Pratap Shukla

The minimum gap of 5 years between two partial withdrawals has also been removed with effect from August 10, 2017.

Jan 09, 2019, 11:50 AM IST
How to protect yourself from fraudsters using SIM swap to siphon off your bank money

How to protect yourself from fraudsters using SIM swap to siphon off your bank money

Register for both SMS and email alerts regarding your banking transaction.

Jan 02, 2019, 18:06 PM IST
Karnataka Bank revises up 1-year MCLR by 0.15%

Karnataka Bank revises up 1-year MCLR by 0.15%

The revised marginal cost of fund-based lending rate (MCLR) are effective from January 1, 2019, the bank said in a regulatory filing.

Jan 01, 2019, 18:25 PM IST
Old debit cards may not work from January 1, 2019

Old debit cards may not work from January 1, 2019

The Reserve Bank on India had asked banks to issue only chip-based and PIN-enabled debit and credit cards with an aim to protect customers from frauds.

Dec 31, 2018, 17:40 PM IST
EPFO may give subscribers option to increase stock investments in new year

EPFO may give subscribers option to increase stock investments in new year

Earlier this year, CBT, had suggested exploring possibility of giving such options.

Dec 31, 2018, 15:01 PM IST
Insurance industry goes on tech drive to expand coverage

Insurance industry goes on tech drive to expand coverage

Irdai proposed to encourage companies to develop new technologies, asked insurers to make their products more attractive and customer friendly.

Dec 31, 2018, 11:53 AM IST
Indians prefer insurance for major life goals: Survey

Indians prefer insurance for major life goals: Survey

When it comes to planning for child's marriage, they look at fixed deposits in addition to life insurance, the survey revealed.

Dec 28, 2018, 13:01 PM IST
How to change address, communication details in Pan Card – Know here

How to change address, communication details in Pan Card – Know here

For changing your communication or address details you must intimate the Income Tax Department so that the PAN database of ITD can be updated.

Dec 27, 2018, 12:49 PM IST
Zero transaction charges on booking train tickets via Paytm

Zero transaction charges on booking train tickets via Paytm

Till October 2018, the company was charging a Payment Gateway fee.

Dec 26, 2018, 16:11 PM IST
CBDT allows manual filing by resident, NRI taxpayers for nil or lower TDS certificate

CBDT allows manual filing by resident, NRI taxpayers for nil or lower TDS certificate

The CBDT has also allowed resident applicants to file manual application in Form No. 13 before the TDS officer or in ASK Centers till December 31.

Dec 26, 2018, 13:56 PM IST
ICICI Lombard launches AI-based solution for motor policies

ICICI Lombard launches AI-based solution for motor policies

The AI-based solution has been developed by ICICI Lombard in collaboration with Microsoft.

Dec 20, 2018, 13:50 PM IST
Axis offers home-loan with higher principal repayment component

Axis offers home-loan with higher principal repayment component

However, the interest outgo for a borrower has been kept at a higher level of 9.05-9.25 percent as against 8.85- 9.05 percent for the older product.

Dec 13, 2018, 12:38 PM IST
United Bank of India raises deposit rates by 0.25%

United Bank of India raises deposit rates by 0.25%

The interest rate for fixed deposits between 1-3 years will increase to 6.25 percent from 6 percent.

Dec 13, 2018, 12:37 PM IST
Government's contribution under NPS to be raised to 14% from 10%, entire 60% of withdrawals to be tax-free

Government's contribution under NPS to be raised to 14% from 10%, entire 60% of withdrawals to be tax-free

Contribution by the government employees under Tier-II of NPS will now be covered under Section 80 C for deduction up to Rs. 1.50 lakh

Dec 10, 2018, 15:40 PM IST