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Showing posts from September, 2023

Will PPF, Sukanya Samriddhi, Senior Citizen Savings Scheme, other small savings schemes' interest rates increase in December quarter?

The Central Government reviews the interest rates of small savings schemes every quarter based on the G-Secs yields of the previous three months. To know whether there will be a hike in post office schemes for the October-December quarter, you need to understand how the interest rates are calculated first. There are set formulae for mark-ups over the previous three months’ average yield of relevant G-Secs of comparable maturity. Find out what experts suggest. from Personal Finance News-Wealth-Economic Times https://ift.tt/Z5m3I6J via IFTTT

Has the last date to add nominee to mutual funds been extended?

Note that if the nomination is not registered within the timeframes, transactions such as Redemptions, SWP, Switch, STP will be frozen in the corresponding folios beginning October 1, 2023. from Personal Finance News-Wealth-Economic Times https://ift.tt/TvUaz9I via IFTTT

No relief in Rs 10 lakh tax fine for not disclosing foreign assets

A recent order of the Mumbai bench of the ITAT, which upheld a penalty of Rs 10 lakh under the Black Money Act for each year of default, has created ripples. from Personal Finance News-Wealth-Economic Times https://ift.tt/cPKhoj0 via IFTTT

How rising oil prices can impact Indian economy

Stable demand, optimism due to China’s stimulation measures, and supply cuts announced by Russia and Saudi Arabia have led to a surge in oil prices. Sameer Bhardwaj analyses the impact on the Indian economy. from Personal Finance News-Wealth-Economic Times https://ift.tt/g1KCokc via IFTTT

Banks don't want you to overpay card dues

In a bid to curb efforts at money laundering and fraud, banks issuing credit cards are either blocking customers from paying an amount more than their current outstanding or refunding any excess amount paid into credit cards. A bank spokesperson said since a credit card is a lending product, not a savings account, customers are not allowed to park excess funds. from Personal Finance News-Wealth-Economic Times https://ift.tt/ISTfV5z via IFTTT

It's your right to get refund from telcos within 3 months if overcharged

Telecom operators in India will have to reimburse customers if auditors find that they have been overcharged. The refund must be made within three months of the audit observation, according to new regulations from the Telecom Regulatory Authority of India (Trai). from Personal Finance News-Wealth-Economic Times https://ift.tt/4nN2o8F via IFTTT

Signs You Will Never Find Love: Five Hacks to Overcome Them

Are you wondering about signs you will never find love?  All single people have felt this way at one point or another.  Here are 10 key signs that show that you may have given up on finding love. You are too depressed to try You have a family background of abuse, negativity or emotional abandonment… The post Signs You Will Never Find Love: Five Hacks to Overcome Them appeared first on Love in 90 Days . Love in 90 Days - Dating Tips, Relationship Advice from Love in 90 Days https://ift.tt/u7oy4vt via IFTTT

Children from void, voidable marriages are legitimate, can claim rights in parents' properties: SC

In a void marriage, no decree of nullity is required to annul the marriage. While, in a voidable marriage decree of nullity is required. The top court's verdict came on a 2011 plea pertaining to the vexatious legal issue of whether non-marital children were entitled to a share in the ancestral property of their parents under Hindu laws. from Personal Finance News-Wealth-Economic Times https://ift.tt/VAd39xJ via IFTTT

Ensure nomination to tackle unclaimed deposits: Nirmala Sitharaman

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Nirmala Sitharaman has called on banks and capital market institutions to ensure that all accounts have a designated nominee to address concerns over rising unclaimed deposits and investments due to death. Sitharaman also urged fintech companies to lead in the cross-border payments system, given India's market size. from Personal Finance News-Wealth-Economic Times https://ift.tt/usg2Ijz via IFTTT

IRDAI allows for modification of withdrawn life insurance products to benefit policyholders; 4 key provisions

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The primary goal of this circular is to give existing policyholders more flexibility while protecting their interests. IRDAI has approved changes to withdrawn life insurance policies that will benefit existing customers from Personal Finance News-Wealth-Economic Times https://ift.tt/V1Y7fJU via IFTTT

2 in 5 Indians yet to start retirement planning, 61% worry savings will deplete in 10 years: Survey

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The survey was conducted by Max Life Insurance, in partnership with Kantar. As many as 2,093 respondents were surveyed in 28 cities during July-August 2023. The retirement index is calculated on a comparable base of 1,591 respondents. from Personal Finance News-Wealth-Economic Times https://ift.tt/W0niAyQ via IFTTT

Children from void, voidable marriages are legitimate, can claim rights in parents' properties: SC

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In a void marriage, no decree of nullity is required to annul the marriage. While, in a voidable marriage decree of nullity is required. The top court's verdict came on a 2011 plea pertaining to the vexatious legal issue of whether non-marital children were entitled to a share in the ancestral property of their parents under Hindu laws. from Personal Finance News-Wealth-Economic Times https://ift.tt/9XO1csa via IFTTT