How to claim tax rebate under Section 87A| EconomicTimes [ad_1] Step 2 Deduct all the deductions that you are eligible for. In FY 2022-23, an individual is eligible for Section 80CCD (2) for employer’s contribution to the employee’s NPS account. From FY 2023-24, a salaried employee is eligible for a standard deduction of Rs 50,000 as well. [ad_2]

PhonePe launches cross-border UPI payments service, says it’s India’s first PhonePe said on Tuesday it has launched a service that will allow the fintech firm’s Indian users traveling abroad to pay foreign merchants using Unified Payments Interface (UPI). ‘UPI international’ supports merchant outlets in UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR ...

PPO number: How to download Pension Payment Order number from Digilocker [ad_1] The Pension Payment Order (PPO) number is a crucial number for pensioners and those who are nearing retirement. This number will be required to receive pension, as the PPO number is a special 12-digit number. Furthermore, it’s crucial to include your PPO number when filing your life certificate ...

RBI MPC Meet Expectations: Will home loan borrowers get a break from rising interest rates in this RBI February MPC meet? [ad_1] Will home loan borrowers get relief from back-to-back interest rate hikes? The Reserve Bank of India (RBI) is expected to go for a smaller hike in lending rates in its February Monetary Policy, believed experts. Softening inflation and ...

Rupee gains 10 paise to 82.66 against US dollar on weaker greenback The rupee appreciated 10 paise to 82.66 against the US dollar in early trade on Tuesday on the back of a positive trend in domestic equities and relatively weaker greenback. However, foreign capital outflows restricted the gain in the domestic unit, forex traders ...

Rupee set for muted open; US yields soar, 82.90 per dollar level in focus By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open little changed to the dollar on Tuesday with a focus on surging Treasury yields and a crucial support level. The non-deliverable forward suggests that the rupee will ...

SBI economists expect RBI to hit pause button on interest rate hike Economists at SBI on Monday said they expect the Reserve Bank of India (RBI) to hit the pause button on interest rate hike at its upcoming monetary policy review this week. The central bank’s Monetary Policy Committee (MPC), the six-member rate setting panel, ...

How to save to fund an entrepreneurial dream [ad_1] Shivam, 42, wants to start his own business by the time he is 50. He has been saving to create a corpus that would be sufficient to take care of his family’s expenses during the time it takes for his business to stabilise. He has been reviewing his savings and investment ...

Marginal pressure on banks next fiscal, net interest margin may fall: Fitch Banks will face margin pressure next fiscal as they increase the deposit rates to attract funds to support sustained high loan growth, and the same will fall by 10 basis points to 3.45 per cent, a global rating agency said on Monday. “We ...

Time to review your personal finances: 4 things you must check [ad_1] The last quarter of a financial year is when one should take stock of their finances to ensure that they are on track with their goals and are also well-protected in line with inflation, changing nature of expenses and other dynamic factors. Investment checkMake a consolidated list of ...