The Reserve Bank of India governs the National Payments Corporation of India (NPCI), which designed the Unified Payments Interface (UPI), which is built on the IMPS framework and allows you to transfer or send funds between any two bank accounts in real-time. According to NPCI, the current top limit per UPI transaction is Rs. 1 … Read More “Google Pay: Check Limit On Daily Remittance Across India” »
Tag: Finance Tips
Tax-advantaged FDs are one of the most common ways to lower taxable income. Your money is safe, the returns are guaranteed, and the interest rates are fixed. However, those looking for large returns sometimes get confused between the post office and bank deposits. Bank FDs and Post Office Term Deposits are two deposit tax saving … Read More “Tax Saving Bank FD Vs Post Office TD: Where Should You Invest To Earn High Returns?” »
Your earnings will surely improve with time. Your earnings will increase as you go from one promotion to the next. As a result, the tax rate applicable to you under the Income Tax Act of 1961 will change accordingly. This translates into greater tax liability. Fortunately, the Income Tax Act contains a number of provisions … Read More “Exhausted Section 80C? Here Are Other Ways To Save More Taxes” »
The LIC IPO, India’s largest Initial Public Offering, will go public on May 4, 2022. The Rs 20,557 crore LIC issuance would be open for subscription from May 04, 2022, to May 09, 2022, at a price range of Rs 902 to Rs 949 per equity share. The lot size for the LIC IPO is … Read More “LIC IPO 2022” »
FIRE stands for Financial Independence/retire early. The goal of retiring early is to accumulate enough cash for yourself as soon as possible so that you are financially independent and free of financial troubles. When you reach FIRE, your wealth is sufficient to provide you with an inflation-adjusted income for the rest of your life. The … Read More “What is FIRE- Financial Independence/Retire Early” »
Following the debut of Bitcoin in 2009, a thriving industry grew up around the asset, its concept, and its underlying technology. The crypto and blockchain space has several niches where initiatives and businesses build solutions for diverse use cases. The decentralised finance (DeFi) sector, which was formed as an alternative to traditional financial services, is … Read More “Beginner’s Guide: Decentralised Finance (DeFi)” »
Everyone’s priority is to keep their loved ones safe from unexpected occurrences. When you have a consistent source of income, you can establish a solid financial plan that allows you to do so. Understanding how to choose term insurance for your family is one of the first steps. When you make a prudent and informed … Read More “How To Choose The Best Term Life Insurance Policy?” »
Airtel Payments Bank, in cooperation with digital gold provider SafeGold, launched a digital platform named DigiGold on Thursday for clients to invest in gold. Customers with Airtel Payments Bank savings accounts can invest in 24K gold through DigiGold using the Airtel Thanks app. Customers can now gift DigiGold to family members and friends who have … Read More “How To Buy, Sell and Gift Digital Gold Through Airtel Payment Bank?” »
The Consumer Price Index, which monitors costs for things such as travel, groceries, clothing, and automobiles, had the highest inflation level since December 1981 in March 2022. Annual inflation rates are a popular approach to analysing economic developments. When comparing 2022 inflation data to 2021 inflation data, it’s vital to remember how unusual last year … Read More “How to Account for Inflation in Your 2022 Travel Budget” »
You may be aware that Medicare is divided into numerous sections. Private insurance firms offer some of these sections, such as Medicare Advantage and Part D coverage. A Medicare cost plan is another option. Parts of basic Medicare and Medicare Advantage are combined in a Medicare cost plan. These plans supplement your existing Medicare coverage … Read More “What Is a Medicare Cost Plan?” »