Higher interest rates than bank FDs on these saving schemes: If you are thinking of investing your money, and don’t want to take a risk, then apart from bank fixed deposits (FDs), you can even put your money in Post Office Saving Schemes. Apart from the lucrative interest rate, investing in these schemes offer a […]
If you don’t reply to income tax dept’s queries, ITR likely to be picked for full scrutiny: CBDT
The Central Board of Direct Taxes (CBDT) has issued guidelines for selecting income tax returns (ITRs) for complete scrutiny. The guidelines are applicable for the current financial year i.e., 2023-24. As per the guidelines, the income tax department will pick up tax returns for scrutiny on the basis of where the survey was conducted in […]
Microsoft Build 2023: From ChatGPT on Bing to Azure AI, check latest announcement
Microsoft hosted its much-awaited event, Microsoft Build 2023, in Seattle, the United States on Tuesday and made a slew of announcements. The event started with the keynote address of its CEO, Satya Nadella. Microsoft Build 2023 offers a first-hand opportunity to explore the entire range of Microsoft technologies. Besides, Build 2023 also showcases previews of […]
India Records 552 Covid Cases In 24 Hours, 6 Deaths
The number of deaths has increased to 5,31,849 with six deaths which includes three fatalities reconciled by Kerala, the data updated at 8 am stated. New Delhi: India has recorded 552 new coronavirus infections while the active cases have decreased to 6,591 from 7,104, according to the Union Health Ministry data updated on Wednesday. The […]
Does eligible employee have an exit option to get out of higher EPS pension application?
The Employees’ Pension Fund Organisation (EPFO) issued a circular on May 11, 2023, clarifying that eligible employees and pensioners are required to provide a written consent within a specified time limit to transfer or deposit the funds from their Employees’ Provident Fund (EPF) account to the Employees’ Pension Scheme (EPS) account. According to the circular, […]
You can start exchanging Rs 2,000 notes from May 23, 2023
If you are one of those people who wants to exchange their Rs 2000 notes at the earliest, you can visit the bank today to exchange the Rs 2000 notes from today.The facility for deposit or exchange of Rs 2000 banknotes will be available up to September 30, 2023. The Reserve Bank of India (RBI) […]
Do mutual funds offer compounding benefits?
There is a new idea around that there is no compounding benefit in mutual fund investment. This seems to have started as one of those social media attention-getting statements and has taken on a life of its own. I see ‘finfluencer’ types repeating this as a great piece of revealed wisdom, implying that this is […]
UPSC 2023 Jobs Recruitment Notification of Librarian and more Posts
Union Public Service Commission 2023 Jobs Recruitment Notification. UPSC inviting applications for the positions of Librarian, Farm Manager, More. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 01st June, 2023. No.of Posts and Vacancies :- Librarian, Farm Manager, More – 285 Posts Qualification: Applicants who wish […]
Unclaimed deposits in bank savings accounts, Fixed Deposits (FDs): How to get your money back explained here
The Reserve Bank of India (RBI) recently announced a ‘100 Days 100 Pays’ campaign for banks to trace and settle the top 100 unclaimed deposits of every bank in every district of the country within 100 days. The banks will start the campaign on June 1. What are unclaimed deposits? The balances in savings or […]
Update Aadhaar card details online: Free offer available till June 14
The Unique Identification Authority of India (UIDAI) has made online updation of Aadhar documents free till June 14, 2023. Usually, it costs a fee of ₹50 to update the Aadhaar details. However, till 14 June, updating demographic details online via UIDAI’s official website will be free of cost. It is important to note that this […]