5 types of stocks: Smart things to know [ad_1] Value stocks are available at cheaper valuations than the broader market and perform well in the recovery period of the economic cycle. [ad_2]
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Improve credit health while negotiating a loan
Improve credit health while negotiating a loan [ad_1] Rathin is a doctor. He earns well and has built up decent savings over the past 12 years. He now wants to buy some property and dreams of building his own hospital in future. However, his recent application for a loan was turned down by his bank because of a poor credit ...
Read More »CBDT issues important circular on TDS on salaries for current fiscal
CBDT issues important circular on TDS on salaries for current fiscal The Central Board of Direct Taxes (CBDT) in a circular related to TDS deduction from salaries has said that any person responsible for paying salary must deduct income tax while paying the amount. The circular said that the tax should be deducted at the average rate ...
Read More »Punjab National Bank plans Rs 1,000 cr AT-1 bond issue to shore up capital
Punjab National Bank plans Rs 1,000 cr AT-1 bond issue to shore up capital Public sector lender Punjab National Bank (PNB) plans to raise up to Rs 1,000 crore in capital through additional tier-1 (AT1) bonds. The proposed offering comes just after it raised Rs 4,000 crore through tier-II bonds in early December. Managing director (MD) and ...
Read More »bank of baroda mclr hikes: Bank of Baroda hikes MCLR by up to 30 bps; home loan, other loan EMIs to go up
bank of baroda mclr hikes: Bank of Baroda hikes MCLR by up to 30 bps; home loan, other loan EMIs to go up [ad_1] A whopping 35 basis points repo rate hike by the Reserve Bank of India (RBI) on December 7, 2022, has prompted many banks to increase their lending rates. Bank of Baroda is the latest lender to ...
Read More »Indian Overseas Bank revises interest rates on domestic, foreign currency
Indian Overseas Bank revises interest rates on domestic, foreign currency Public sector Indian Overseas Bank has revised the interest rates on its domestic, foreign currency non-resident (banking) term deposits with immediate effect, the city-based lender said on Saturday. Depositors of domestic, non-resident external would receive interest rates up to 7.30 per cent by opening a term deposit ...
Read More »atal pension yojana: What to do if Atal Pension Yojana contribution stops from your post office savings account
atal pension yojana: What to do if Atal Pension Yojana contribution stops from your post office savings account [ad_1] If your Atal Pension Yojana (APY) contribution is not being deducted due to closure of your post-office savings account or non-maintenance of the minimum balance in the old post-office savings account, then here is some help for you. The Department of ...
Read More »ppf investment: Budget 2023: ‘Increase section 80C limit to Rs 2.5 lakh, raise PPF investment limit to Rs 3 lakh’
ppf investment: Budget 2023: ‘Increase section 80C limit to Rs 2.5 lakh, raise PPF investment limit to Rs 3 lakh’ [ad_1] The deduction limit under section 80C of the Income-tax Act, 1961, should be increased from the existing Rs 1.5 lakh to Rs 2.5 lakh in Budget 2023, the Institute of Chartered Accountants of India (ICAI) suggested in its Pre-Budget ...
Read More »Home loan borrowers: How to reduce rising EMI burden if loan tenure can’t be extended – Another repo rate hike
Home loan borrowers: How to reduce rising EMI burden if loan tenure can’t be extended – Another repo rate hike [ad_1] If you have savings or investment which is earning a lesser return than the interest rate that you are paying on your home loan, then it is better to use it to partially prepay your home loan to control ...
Read More »pfrda nps calculator: PFRDA launches ‘personalised’ NPS retirement calculator and planner for individuals
pfrda nps calculator: PFRDA launches ‘personalised’ NPS retirement calculator and planner for individuals [ad_1] The National Pension System (NPS) regulatory body – Pension Fund Regulatory and Development Fund (PFRDA) has launched an NPS Prosperity Planner (NPP) for individuals. This retirement planner will help individuals estimate the projected retirement income (annuity) as per the annuity options. The estimated retirement income will ...
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