home loan income tax: Budget 2023: Rs 5 lakh income tax deduction on home loan to tweak in LTCG rules, what homebuyers want [ad_1] Back-to-back repo rate hikes in the last few months have significantly impacted borrowers, especially those who have taken floating-rate loans such as home loans. To fight surging inflation, the Reserve Bank of India (RBI) has increased ...

Forex reserves up by $44 mn to $562.85 bn on rise in RBI gold reserves The Reserve Bank of India’s foreign exchange reserves rose by $44 million to $562.85 billion in the week ended December 30, latest central bank data showed. The marginal rise in the RBI’s reserves in the week gone by was due ...

Bandhan Bank offers up to 8% interest on senior citizen FD [ad_1] Bandhan Bank revised interest rates across fixed deposits on amounts below Rs 2 crore with effect from January 5, 2023. After the revision, the bank will now offer interest rates between 3% and 7.50% for regular citizens and 3.75% to 8% for senior citizens. Bandhan Bank revises FD ...

Canara Bank hikes home loan interest rates: EMIs to go up [ad_1] Canara Bank has increased the Repo Linked Lending Rate (RLLR) and Marginal Cost of Funds Based Lending Rate (MCLR). The new interest rates are effective from January 7, 2023, according to the BSE filing. Canara Bank MCLRCanara Bank increased rates overnight to 1-month MCLR by 20 basis points, ...

Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates for senior citizens [ad_1] Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates for senior citizens [ad_2]

Rupee closes at 82.71 against dollar amid muted trend in domestic equities The rupee pared initial gains and settled 9 paise lower at 82.71 (provisional) against the US dollar on Friday, tracking a rebound in the greenback overseas and a muted trend in domestic equities. Forex traders said risk aversion in international markets and sustained ...

Transferred money in to the wrong bank account? How do I get my money back? [ad_1] The Reserve Bank of India has shared the annual report of Ombudsman Schemes, 2021-22 report, where it mentioned that the majority of complaints received during the year are related to digital payment and transaction methods. However, non-reversal of funds due to wrong beneficiary transfer ...

Rupee, worst emerging Asia currency of 2022, likely to fall further The Indian rupee, emerging Asia’s worst performer in 2022, is likely to extend losses in the next fiscal year, according to a top private bank in the country. “A substantially wider current account deficit” in the next fiscal year will keep the rupee under pressure, Neeraj Gambhir, ...

Inflation up by 46% since 2014, section 80C limit hiked by 0%: How much should Budget 2023 increase it? [ad_1] The new tax regime introduced in budget 2020 has hardly had any taker as most people prefer the old tax regime so that they can use its various deductions to save a higher amount of tax. One of the most ...

New Jeevan Shanti annuity scheme: LIC hikes payout under New Jeevan Shanti annuity scheme; details here [ad_1] The Life Insurance Corporation of India has increased the annuity rates for its New Jeevan Shanti (Plan No. 858) annuity plan with effect from January 5, 2023. According to a press release issued by LIC, “The modified version of this plan with enhanced ...