The Reserve Bank of India (RBI) has today (7/Aug/2019) released its third bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 35 basis points (1 bps is 0.01%). This is the fourth consecutive rate cut from RBI , after a rate cut in February, April and June of […]
Latest in Personal Finance
Latest NPS Income Tax Benefits 2019-20 | Tax Saving through NPS Investment
Besides EPF and PPF, another popular retirement oriented scheme which is gaining popularity among the salaried/self-employed is NPS Scheme. The asset under management (AUM) under NPS stood at around Rs 2.3 lakh crore in 2018. It is estimated that the Government employees contribute about 87% of the Rs. 2.3 lakh crore ($35 billion) overseen by the NPS (National Pension System), […]
JM Financial Products NCDs Aug-Sep 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) has recently released its second bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%). This is the third consecutive rate cut from RBI , after a rate cut in February & April of 2019. In […]
How to do EPF e-Nomination with Beneficiary Aadhaar & Photo? | Latest & New Online Procedure
We all know that life is short and unpredictable. In this short journey, we all take lot of investment and financial decisions. We earn, save and invest money in various financial products like; EPF, PPF, Bank Fixed deposits, real estate properties, Shares, Mutual Funds, Insurance policies etc., But, how to ensure your assets are properly […]
How to submit Online EPF Death Claim by Beneficiary? | Latest Online Procedure
“A sum of Rs 27,000 crore is lying as ‘unclaimed amount‘ in the EPF accounts”. That’s a huge amount! The reasons for not claiming EPF Scheme benefits can be due to ignorance/ negligence on part of the EPF members, procedural delays by the EPFO or ‘no-claim’ made by the nominees/legal-heirs after the death of the subscribers. To make things easy […]
10.5% Indiabulls Consumer Finance NCD July – August 2019 Public Issue : Details & Review
The Reserve Bank of India (RBI) has recently released its second bi-monthly rate review of financial year 2019-20. The key announcement under the policy is the rate cut by 25 basis points (1 bps is 0.01%). This is the third consecutive rate cut from RBI , after a rate cut in February & April of […]