Getting an ESOP in your next job? Here’s how an ESOP works, risks involved and tax implications [ad_1] It is not uncommon nowadays for employees to be offered employee stock ownership plans (ESOPs) when joining an organisation. Some employees get this option while moving up the corporate ladder. However, volatility in stock prices can cast a cloud over ESPOs. In ...

Interest subvention on KCC crop loan to continue in FY23, FY24: RBI The government of India has approved the continuation of the Interest Subvention Scheme (ISS) with modification for the financial years 2022-23 and 2023-24, RBI said

The fuss-free checklist for millennials and 40-plus professionals who want to get savvy with retirement planning [ad_1] Retirement is a time when you can finally unwind and realise the much-awaited ‘golden sunset’ period of your life. This necessitates financial security at the time of retirement. Because, with no steady source of earnings post-retirement, one could jeopardise a peaceful and an ...

Bank boards can decide on waiving penalty on minimum balance: Karad The boards of individual banks can decide on waiving the penalty on accounts, which do not maintain a minimum balance, Union Minister of State for Finance Bhagwant Kishanrao Karad on Wednesday said. “Banks are independent bodies. They have boards which can take a decision to waive off the penalty,” ...

This bank is offering senior citizens up to 8.25% interest rate on FDs [ad_1] Fixed deposit (FD) investors are a happy lot as banks have been increasing interest rates since May after the RBI has started hiking the repo rate since May 2022. Most banks have been hiking interest rates almost on a monthly basis. Fincare Small Finance Bank has ...

Where to find well-paying moonlighting gigs [ad_1] Where to find well-paying moonlighting gigs [ad_2]

RBI likely sold dollars, received forwards to stem rupee’s drop: Report The Reserve Bank of India likely sold dollars via state-run banks on Tuesday and conducted buy/sell swaps to limit the rupee’s losses, three traders told Reuters. The rupee was last trading at 82.3850, down from 82.32 in the previous session after hitting a record low of 82.6825 ...

Jeevan Pramaan Patra: 6 ways a pensioner can submit annual life certificate online [ad_1] For those receiving government pension, the annual life certificate, or Jeevan Pramaan Patra, must be submitted by November 30, 2022. There are six ways a pensioner can submit their annual life certificate digitally. Digital Life Certificate for Senior Citizens The Digital Life Certificate (Jeevan Pramaan), a ...

SBI Customer Service Number: What is SBI’s latest customer service contact number? [ad_1] In order to provide customers with a personalized experience, State Bank of India (SBI) announced the launch of its next-generation Contact Centre service. According to an SBI press release, the bank will now offer 30+ financial options which will be available for 24 hours a day, 7 ...

Rupee depreciates 1 paisa to 82.41 against US dollar in early trade The rupee slipped 1 paisa to 82.41 against the US dollar in the morning trade on Tuesday amid the strengthening of the American currency and sustained foreign fund outflows. Moreover, a weak trend in domestic equities and risk aversion sentiment among investors weighed on the ...