ICICI Bank, PNB revise home loan, other loan interest rates [ad_1] ICICI Bank and Punjab National bank have revised their marginal cost-based lending rate (MCLR) across all tenures. The higher interest rates are effective from February 1, 2023. Punjab National BankAccording to the PNB Bank website, the overnight is increased to 7.90 percent, one-month MCLR rate has been increased to ...

Rupee poised to inch up on fall in US yields; budget, Fed outcome eyed By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is likely to open higher versus the dollar on Wednesday, helped by the decline in Treasury yields following weak U.S. economic data. The rupee is expected at around 81.75-81.80 per U.S. ...

Expectations from Budget 2023: Will salaried individuals get income tax relief this year? [ad_1] Personal income tax (PIT), including Securities Transaction Tax (STT), constituted Rs 5,26,477 crores (net of refund) i.e., approximately 46% of the total net direct tax collections. According to recently published data, the growth rate of PIT in terms of gross revenue collections in financial year (FY) ...

National Savings Certificate: What will be interest on NSC purchased on or after 1st day of January, 2023 [ad_1] National Savings Certificate (NSC) is a fixed income investment with an interest rate for the quarter January – March 2023 will fetch 7%. The interest rate is revised every quarter by the government of India. According to the Ministry of Communications ...

FD: Don’t get misled by high FD yield of over 12%; know how to check ‘actual’ interest rate of fixed deposits [ad_1] Thanks to back-to-back repo rate hikes by the Reserve Bank of India (RBI), banks, small finance banks, and non-banking financial companies are now offering lucrative interest rates on fixed deposits (FDs). Some financial institutions and companies even highlight ...

PM Kisan | Economic Survey 2023: 11.3 cr farmers covered under PM Kisan, Rs 2 lakh cr disbursed; how to apply [ad_1] Finance Minister Nirmala Sitharaman tabled the Economic Survey in Parliament on January 31, 2023. In the survey, the government said that in its April–July 2022–2023 payout cycle, the PM Kisan scheme covered around 11.3 crore farmers. According to ...

aadhaar: How Aadhaar is helping individuals receive money from govt as per Economic Survey 2023 [ad_1] According to the Economic Survey 2023, “Aadhaar is an essential tool for social delivery by the State. 318 Central schemes and over 720 state DBT schemes are notified under section 7 of the Aadhaar Act, 2016, and all these schemes use Aadhaar for targeted ...

2023 Economic Survey: 7 key achievements of Aadhaar [ad_1] 2023 Economic Survey: 7 key achievements of Aadhaar [ad_2]

household budget: These factors will impact your household budget this year: Economic Survey 2023 [ad_1] Retail inflation challenge is likely to be less stiff this year, compared to last year, stated the this year’s Economic Survey. “… overall, the inflation challenge in FY24 must be a lot less stiff than it has been this year,” the Economic Survey of 2022-23 ...

Rupee depreciates by 41 paise to close at 81.93 against US dollar The rupee depreciated by 41 paise to close at 81.93 (provisional) against the US dollar on Tuesday after the Economic Survey 2022-23 said the domestic unit may remain under pressure on account of plateauing of exports and subsequent widening of current account deficit. ...