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Taxation of the EPF amount means that the true post-tax internal rate of return will be just 5.62%. So, it’s a deposit with a long lock-in period and a return of 5.62%. Does this seem like a good deal to you? No, not to me either. from Personal Finance News-Wealth-Economic Times https://ift.tt/I4qvYVy via IFTTT

Companies are working to align their policies with the New Labour Code that comes into effect from 1 July. 71% of companies have taken some step to assess the impact of the new rules. from Personal Finance News-Wealth-Economic Times https://ift.tt/URDWeB1 via IFTTT

There are a variety of investing alternatives available to senior citizens, but the most common is a fixed deposit. It is one of the most commonly used financial tools by senior citizens to invest their funds. from Personal Finance News-Wealth-Economic Times https://ift.tt/AWRUFI0 via IFTTT

With effect from June 16, 2022, Axis Bank has increased fixed deposit (FD) interest rates on various tenures for deposits under Rs 2 crore. from Personal Finance News-Wealth-Economic Times https://ift.tt/8YuXwLq via IFTTT

The fixed deposit is one of the most popular investment alternatives (FD). Term deposits are another name for fixed deposits. This is because money is deposited with a bank for a set length of time or term. Before you open a savings account, there are a few things you should know. from Personal Finance News-Wealth-Economic Times https://ift.tt/pd372qD via IFTTT

A tokenised card transaction is safer because the real card details aren't disclosed or retained with the merchants. Securing/Tokenization also saves you the trouble of having to type in your entire card number every time. from Personal Finance News-Wealth-Economic Times https://ift.tt/8XC1xiP via IFTTT

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