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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
Interest on home, auto, MSE loans to be linked to new benchmarks from April 1

Interest on home, auto, MSE loans to be linked to new benchmarks from April 1

The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month.

Dec 06, 2018, 09:57 AM IST
Panel to redraft I-T Act to focus on removing ambiguities, unlikely to suggest rate changes

Panel to redraft I-T Act to focus on removing ambiguities, unlikely to suggest rate changes

The task force was set up by the finance ministry in November last. Arbind Modi was made the convenor of the panel and he retired on September 30.

Dec 05, 2018, 13:29 PM IST
Proposal for doubling minimum pension to Rs 2,000 sent to finance ministry: Gangwar

Proposal for doubling minimum pension to Rs 2,000 sent to finance ministry: Gangwar

The retirement body has also extended the term of 5 fund managers and its consultant Crisil till March 31, 2019.

Dec 04, 2018, 18:12 PM IST
Tech snag has HDFC Bank pulling out its new mobile baking app

Tech snag has HDFC Bank pulling out its new mobile baking app

As an alternative, HDFC Bank said the affected customers will be able to use the old app from 1700 hrs Tuesday.

Dec 04, 2018, 17:50 PM IST
ITR filing up 50% so far this year: CBDT chairman

ITR filing up 50% so far this year: CBDT chairman

The CBDT chief noted that so far the department has given 2.27 crore refunds, which is 50 per cent higher than last year.

Dec 04, 2018, 15:38 PM IST
ICICI securities launches e-ATM for retail investors

ICICI securities launches e-ATM for retail investors

The ICICI direct account almost becomes like ATM where clients can sell and within 30 minutes walk into any ATM and withdraw cash.

Dec 03, 2018, 14:10 PM IST
Last day to link your mobile number with SBI a/c today, else internet banking will be blocked

Last day to link your mobile number with SBI a/c today, else internet banking will be blocked

RBI has mandated that banks must ask their customers to mandatorily register for SMS alerts for electronic banking transactions.

Nov 30, 2018, 09:52 AM IST
CBDT allows taxman to widen certain 'limited scrutiny' cases; orders no roving enquiries

CBDT allows taxman to widen certain 'limited scrutiny' cases; orders no roving enquiries

The CBDT has said that it only picks less than 1 percent cases, out of the total returns filed, for scrutiny every year.

Nov 29, 2018, 17:27 PM IST
IndusInd Bank launches  battery-powered interactive credit card with buttons

IndusInd Bank launches battery-powered interactive credit card with buttons

This Card has been created in partnership with Dynamics Inc.

Nov 29, 2018, 12:06 PM IST
SBI hikes fixed deposit rates on select maturities

SBI hikes fixed deposit rates on select maturities

The revised FD rates apply for amount less than Rs 1 crore.

Nov 28, 2018, 14:18 PM IST