The amount released covers six schemes — Mukhyamantri Vridhjan Pension Yojana, Indira Gandhi Old Age Pension, Indira Gandhi National Widow Pension, Indira Gandhi National Disability Pension, Laxmi Bai Social Security Pension, and Bihar State Disability Pension.
The central bank has issued a draft circular, "Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025", and invited public feedback on it by August 27.
A viral LinkedIn post about an employee quitting just minutes after receiving their first salary has sparked mixed reactions, with users debating professionalism, workplace rights, and toxic job environments.
A better approach is asset allocation—spreading your money across different types of investments like stocks, bonds, gold, and real estate, based on your goals, age, income, and risk tolerance.
For salaried employees, taxes are cut by the employer before the salary reaches their account. Freelancers, however, need to handle taxes themselves. Usually, when clients pay freelancers, they deduct 10 per cent TDS and submit it to the government under the freelancer’s PAN.
During the week ended Friday, the BSE Sensex dropped 1.01 per cent to close at 79,857.79, while the NSE Nifty shed 1.20 per cent to settle at 24,363.30.
Health insurance is like a safety net for your medical costs. It helps pay for things like hospital stays, doctor visits, surgeries, and medicines. Instead of paying all these expenses yourself, you pay a small amount regularly (called a premium), and the insurance company covers the bigger bills when you need it.
Paying rent to your parents to claim House Rent Allowance (HRA) is legal—but only if done properly. Make sure you pay rent through bank transfers, have a formal rent agreement, and your parents declare the rental income in their tax returns.
The commission will review and revise the salaries of central government employees, and one of the most talked-about elements in this process is the fitment factor.
Income schedules from various sources, loss set-off, depreciation, deductions, exempt income, foreign assets, GST reconciliation, and tax relief are part of the ITR-5 filing structure.
According to the latest update on the bank’s website, customers in metro and urban areas who opened their savings accounts on or after August 1 must maintain a monthly average balance of Rs 50,000 to avoid penalties.
In today’s world, money can move in seconds with a tap on a phone. Gen Z, born in the age of smartphones and UPI, is one of the most financially aware generations. They use investing apps, track spending with budgeting tools, and follow finance influencers online.
FD rates are applicable for deposits less than Rs 3 crore. Canara bank has made reduction in its FD rates which now range between 3.25-6.5 percent for general customers, and 3.25-7 percent for senior citizens.
An office memorandum by the Finance Ministry has said that 9 categories of central government will be eligible for double transport allowance. Check the full list and conditions.
The nominees can swiftly access the investment proceeds, which provides them with the financial support they may need in your absence. SEBI has also made it mandatory to add a nominee to all mutual fund accounts.
Kind Tata engineer Gustad loved and protected his caregiver’s granddaughter Amisha like family, leaving her his home. Years later, the court honored his wish, gifting Amisha a true inheritance of love.
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