Online payments in India: The Unified Payments Interface (UPI) makes digital payment as easy as sending a text or scanning a QR code. Launched in 2016, the platform accounted for 73% of all non-cash retail payments in India in the year to March. According to the Reserve Bank of India’s (RBI), 30 May annual report, […]
Amazon introduces convenient doorstep Cash Load Option for Amazon Pay, including ₹2,000 notes. All you need to know
Amazon has introduced a convenient feature called Amazon Pay Cash Load, allowing users to deposit cash, including the ₹2,000 notes, directly into your Amazon Pay balance account. This hassle-free service is available right at your doorstep. India Today reported that the Amazon Pay Cash Load option enables you to conveniently deposit cash, including the elusive […]
WhatsApp’s new feature lets you silence incoming calls from unknown callers
WhatsApp can now automatically mute calls from unknown numbers to enhance user privacy. Amidst the increase in spam calls from unknown numbers on WhatsApp, Meta has introduced a new feature that allows users to automatically mute such calls on the platform. According to the Meta Channel on Instagram, this new feature will make WhatsApp even […]
Petrol, diesel prices on June 21: Check latest rates in your city
In India, oil marketing companies (OMCs) review fuel prices on a daily basis. The rates, whether revised or unchanged, are announced at 6am each day. Fuel prices across major cities are unchanged on Wednesday, which means that a litre each of petrol and diesel continues to retail at ₹96.72 and ₹89.62 respectively, in Delhi, while […]
These banks offer above 9% FD interest rates
Only few banks are offering above 9% fixed deposit interest rates to senior citizens on certain tenures. Private banks and public sector banks are way behind in offering competitive interest rates when compared to Small Finance Banks (SFBs). Many SFBs are covered by DICGC, which insures of amount up to Rs 5 lakh. This insurance […]
PAN-Aadhaar linking deadline: How to pay penalty to link PAN with Aadhaar
The last date to link Aadhaar with PAN is June 30, 2023, and if you are some one who has not linked PAN with Aadhaar, you should do it immediately before the deadline to avoid consequences. According to the Income Tax department press release, “In order to provide some more time to the taxpayers, the […]
Credit card jugaad: Sharing can max out rewards but has risks
How do credit card users earn more rewards that can get them free business class flight tickets and stays at luxury hotels? Banks typically reward users for all credit card transactions. And, more the transactions, more the rewards. But, how do people make more transactions if that is beyond their means? Credit card nerds found […]
What is the deadline for getting tax refunds?
As per the provisions of Income-tax Act, where a return of income is filed, it is verified and processed electronically by the income-tax authorities. Upon processing, an intimation under 143(1) of the Act is generally issued to the taxpayer within nine months from the end of the financial year (FY) in which the return is […]
How HRA and NPS can cut tax out by Rs 1.5 lakh
Bengaluru-based media professional Shefali Sahay earns well, but almost a fifth of her salary goes in tax because she doesn’t claim all the deductions available to her. Taxspanner estimates that Sahay can reduce her tax by more than Rs.1.5 lakh if she opts for the NPS benefit offered by her company, invests in the scheme […]
Twitter to soon bring a video app for Smart TVs, confirms Elon Musk
Microblogging platform Twitter may soon get a video app for smart TVs. Responding to a user query on the platform, Twitter owner Elon Musk has confirmed that the app is ‘coming.’ On Twitter, a user with an account name S-M Robinson said, “We really need a Twitter video app for Smart TVs. I’m not watching […]