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Showing posts from June, 2023

Forex spend tax: FAQs awaited on many aspects

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While Wednesday's decision has provided relief and clarity to several taxpayers, banks and travel agents, there are several aspects on which stakeholders are awaiting the FAQs. from Personal Finance News-Wealth-Economic Times https://ift.tt/TaZ1uw5 via IFTTT

Customers face brunt of new bank locker rule

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Many bank branches are unprepared, lacking necessary documents for signing the agreements, despite customers being notified to visit and update these. Customers have expressed frustration over the inconsistency in stamp duty denominations between branches in the same state. from Personal Finance News-Wealth-Economic Times https://ift.tt/897aMbi via IFTTT

Will PPF interest rate increase for July-September quarter?

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The central government has not revised the interest rate of PPF since April 2020. It has remained at 7.1 per cent since then. Will the interest rate of the Public Provident Fund (PPF) increase in July-September quarter? To know whether there will be a hike in PPF interest for the next quarter, you need to understand how the interest rate is calculated. Take a look from Personal Finance News-Wealth-Economic Times https://ift.tt/35FhSMs via IFTTT

Despite high medical inflation only 15% of Indians made health insurance reimbursement claims above Rs 1 lakh

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A survey has revealed that only about 0.2% Indians had made and received a health insurance reimbursement claim above Rs 10 lakh during April 2022-March 2023. from Personal Finance News-Wealth-Economic Times https://ift.tt/FDxymce via IFTTT

EPFO likely to extend the deadline for higher EPS pension by three months: Sources

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Employees were facing many issues while applying for higher pension due to a lack of clarity on various rules and delayed clarification from EPFO made it difficult for large number of employees to exercise their hard-earned option to apply for higher pension from Employees' Pension Scheme (EPS). Here are some reasons why extension is needed. from Personal Finance News-Wealth-Economic Times https://ift.tt/DEjwReJ via IFTTT

Higher EPS pension: Snags hit EPFO portal as deadline looms

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Issues persist despite being red flagged by EPFO’s Central Board of Trustees as well as by employer organisations. from Personal Finance News-Wealth-Economic Times https://ift.tt/j8Yw5Br via IFTTT

Monday is the last date to apply for higher EPS pension

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The deadline to apply for higher pension from Employees' Pension Scheme (EPS) is June 26, 2023 i.e., Monday. However, it may happen that you still have not applied for the same or are unable to submit the application form due snags on the website. Then you must hurry up and submit the application form as soon as possible. from Personal Finance News-Wealth-Economic Times https://ift.tt/ghjS2CO via IFTTT

EPS higher pension: 'Unable to submit' EPFO members complains on Twitter as deadline nears

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Many EPF members are complaining on Twitter that they are unable to submit the joint application form on the EPFO's Member Sewa portal for higher pension. It is important to note that the last date to apply for higher pension from EPS is July 26, 2023 - which is coming Monday. from Personal Finance News-Wealth-Economic Times https://ift.tt/ImyYjwK via IFTTT

Will PAN-Aadhaar linking deadline be extended beyond June 30?

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The Central Board of Direct Taxes (CBDT) has extended the last date to link PAN with Aadhaar from March 31, 2023 earlier to June 30, 2023. There is a penalty amount to be paid to the income tax department before linking of PAN with Aadhaar. Will the government extend the deadline to link PAN with Aadhaar once again? from Personal Finance News-Wealth-Economic Times https://ift.tt/uOk7A5T via IFTTT

Kotak Bank Debit Spendz Card services will be unavailable during this time

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The bank systems will be undergoing maintenance on June 21, 2023, Kotak Mahindra Bank has notified its clients through email. from Personal Finance News-Wealth-Economic Times https://ift.tt/qvQSjKi via IFTTT

Biparjoy Cyclone: LIC announces relaxations for victims of cyclone

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LIC has announced concessions in an effort to ease the suffering of LIC policy claimants and Pradhan Mantri Jeevan Jyoti Bima Yojana recipients impacted by the Biparjoy cyclone. from Personal Finance News-Wealth-Economic Times https://ift.tt/XF9pjJl via IFTTT

Cyclone Biparjoy: Insurance claim payments to be disbursed at the earliest says Irdai

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In order to expedite the settlement of insurance claims in all states impacted by storm Biparjoy, the Insurance Regulatory and Development Authority of India (IRDAI) has requested life insurers to take the appropriate actions. from Personal Finance News-Wealth-Economic Times https://ift.tt/3p7FHyL via IFTTT

Banks ask RBI to frame policy for silver loans

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A bank executive aware of the matter said with the increase in silver exports, jewellery manufacturers have been asking banks to extend credit for the procurement of silver, silver articles and jewellery manufacturing. from Personal Finance News-Wealth-Economic Times https://ift.tt/ndX8QBx via IFTTT

Savings account holders can earn FD like interest up to 7% with Kotak Mahindra Bank; Check details

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ActivMoney automatically transfers surplus funds in the account above a predetermined threshold into a fixed deposit to assist consumers in achieving a greater interest rate on their savings. from Personal Finance News-Wealth-Economic Times https://ift.tt/AdblKLQ via IFTTT

More than Rs 2.42 lakh crore disbursed to PM Kisan beneficiaries; when is next PM Kisan instalment due?

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A PM Kisan beneficiary will receive Rs 6,000 per year as part of its goal to give financial support to marginal and small farmers. from Personal Finance News-Wealth-Economic Times https://ift.tt/iU9N5Lv via IFTTT

NRIs get income tax department's queries on investments

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A significant number of non-resident Indians (NRIs), including those in the UAE, have received notices under sections 148/148A from the income tax (I-T) department for reassessment. Details are being sought of high-value transactions like purchase of immovable property, investment in securities or deposits or even for outward remittances from India. from Personal Finance News-Wealth-Economic Times https://ift.tt/DlyJrqU via IFTTT

PNB launches IVR based UPI 123PAY: How to use, other features

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In keeping with the Digital Payment Vision 2025 of a cashless and cardless society, Punjab National Bank (PNB) has created UPI 123PAY, an IVR-based UPI service. This was announced by the bank in a news statement. from Personal Finance News-Wealth-Economic Times https://ift.tt/YxnVQ3I via IFTTT

Tax returns filed late, directors of 2 jewellery firms get 6mths RI

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The accused, Jitendra Jain and Kiran Jain, are both directors of Saloni Jewellers Pvt Ltd and M/s Yellow Jewellers Pvt Ltd. In each case, seeking the maximum sentence against the two, special public prosecutor Amit Munde said that that they are habitual offenders and similar case is pending against them. from Personal Finance News-Wealth-Economic Times https://ift.tt/HtrX3Fl via IFTTT

RuPay forex cards to be issued soon; can be used at overseas ATMs, PoS machines, online merchants

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RuPay Debit and Credit cards issued by banks in India have gained international acceptance through bilateral arrangements with international partners and co-badging arrangements with international card schemes. from Personal Finance News-Wealth-Economic Times https://ift.tt/RQcrXiZ via IFTTT

Book FDs at high interest rates before they start to dip as RBI MPC is expected keep repo rate unchanged

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RBI MPC and its impact on fixed deposit interest rates: The RBI MPC is likely to keep the repo rate unchanged yet again in its June Monetary Policy Committee (MPC) meeting. As an FD investor if you want to make the best out of the likely interest rate cycle reversal towards possible rate cuts, you need to act now. Investors still have a chance to hop on the bus of high fixed deposit interest rates. Here's how you can go about it from Personal Finance News-Wealth-Economic Times https://ift.tt/17qT5lD via IFTTT

How to Reduce Stress and Worry

We all say we want to be happy and find inner peace. We also say that we really want to learn how to reduce stress and worry. So we attend workshops, therapy, yoga classes and read many self-help books. But despite this effort and very good intentions, reducing our stress levels is hard to do… The post How to Reduce Stress and Worry first appeared on Love in 90 Days . The post How to Reduce Stress and Worry appeared first on Love in 90 Days . Love in 90 Days - Dating Tips, Relationship Advice from Love in 90 Days https://ift.tt/jTPMyr5 via IFTTT

Irdai instructs insurers to ease, expedite claims settlement for victims of Odisha train accident

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Insurance companies must abide by rules set forth by the Insurance Regulatory and Development Authority of India (Irdai) when resolving insurance claims for those hurt in the recent train disaster tragedy in Balasore, Odisha. from Personal Finance News-Wealth-Economic Times https://ift.tt/auFOMAU via IFTTT

Withdraw money from ATM using UPI: Bank of Baroda launches new facility; how to use

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Now customers can withdraw cash from a Bank of Baroda ATM without using their Debit Card with the help of UPI, according to a Bank of Baroda press release. from Personal Finance News-Wealth-Economic Times https://ift.tt/TZYGFpt via IFTTT

These HDFC Bank services will not be available on these days due to scheduled downtime

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Customers of HDFC Bank have been notified via email that certain services won't be available due to a planned maintenance for essential system and upgrades. from Personal Finance News-Wealth-Economic Times https://ift.tt/C6tVodD via IFTTT

How to Keep Passion Alive

How to keep passion alive is the million dollar question when it comes to love!  Even when things start out hot and heavy, the demands of life, the kids, work, elderly parents tend to damper  the romance and the sensuality.  However, there are ways to ignite things, even if your relationship has become platonic, boring,… The post How to Keep Passion Alive first appeared on Love in 90 Days . The post How to Keep Passion Alive appeared first on Love in 90 Days . Love in 90 Days - Dating Tips, Relationship Advice from Love in 90 Days https://ift.tt/dZfhs8O via IFTTT

Kotak Mahindra Bank Debit Card services will be unavailable on these days

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Kotak Mahindra Bank has announced that due to maintenance work, Kotak Bank Debit and Spendz Card services would be unavailable for a few hours on these days. from Personal Finance News-Wealth-Economic Times https://ift.tt/8M6VbCL via IFTTT