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Aadhaar authentication to become more secure with new system; know details

Aadhaar authentication to become more secure with new system; know details [ad_1] The Unique Identification Authority of India (UIDAI) has launched a new security system for Aadhaar-based fingerprint authentication and quicker detection of spoofing attempts, according to the Ministry of Electronics & IT, PIB press release. According to the UIDAI tweet, “UIDAI has successfully rolled out a new AI/ML enabled ...

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How eligible employees can apply for higher pension under EPS on EPFO portal: A step-by-step guide

How eligible employees can apply for higher pension under EPS on EPFO portal: A step-by-step guide [ad_1] The Employees’ Provident Fund Organisation (EPFO) issued circulars on December 29, 2022, and February 20, 2023, providing instructions to eligible employees on submitting applications for higher pension under the Employees’ Pension Scheme (EPS). Mallika Noorani, Senior Partner, Parinam Law Associates, says, “The EPFO ...

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Sovereign Gold Bonds: RBI issues dates for premature redemption, check details

Sovereign Gold Bonds: RBI issues dates for premature redemption, check details [ad_1] The Reserve Bank of India (RBI) has set dates for the premature withdrawal of several tranches of Sovereign Gold Bonds (SGB). The RBI issued a press release outlining the details of the SGB tranches scheduled for premature redemption from April 1, 2023, to September 30, 2023, as well ...

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NPS partial withdrawal: New rule, who can apply explained – NPS partial withdrawal

NPS partial withdrawal: New rule, who can apply explained – NPS partial withdrawal [ad_1] The subscriber should meet the following prerequisites for a partial withdrawal under the aforementioned PFRDA rules. The subscriber’s NPS account has been updated with information regarding their active bank account. Online bank account verification should be enabled for the subscriber’s bank. The request must be submitted ...

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HDFC hikes lending rates by 25 bps; your home loan EMIs to increase

HDFC hikes lending rates by 25 bps; your home loan EMIs to increase [ad_1] Home Development Finance Corporation Ltd (HDFC) has hiked its Retail Prime Lending Rate (RPLR) by 25 basis points (bps) with effect from March 1, 2023. According to the HDFC press release, “HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable ...

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Bond yield reaches 7.45%: Returns from debt products are looking attractive, how to gain more from it

Bond yield reaches 7.45%: Returns from debt products are looking attractive, how to gain more from it [ad_1] Indian investors have predominantly preferred debt. According to the Reserve Bank of India (RBI) data on the split of financial assets of households for the period ended March 2022, 52% of the financial assets were held in deposits. Moreover, in the last ...

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Cancer care is expensive; health insurance that covers cancer is not. Here’s how you can choose the right health insurance plan to protect yourself and your loved ones.

Cancer care is expensive; health insurance that covers cancer is not. Here’s how you can choose the right health insurance plan to protect yourself and your loved ones. [ad_1] Cancer, collectively with other noncommunicable diseases (NCDs) including heart disease, stroke, diabetes and chronic lung disease, are responsible for 74% of all deaths worldwide. Around 10 million people die of cancer ...

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Here’s why tax-conscious investors can consider ELSS to increase their wealth

Here’s why tax-conscious investors can consider ELSS to increase their wealth [ad_1] With only a month left to file income tax returns, investors are scouting for numerous ways to reduce their annual taxable income. Last-minute investments made to save tax might help in the short term but neither provide appreciable returns nor help build a corpus for long-term financial goals. ...

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