The Central government, in January, announced its decision to form the much-awaited 8th Pay Commission, which is expected to submit its recommendations early next year. As part of the next steps, the government is likely to announce the name of the chairman and two members of the commission next month. With the process of forming …
Gold prices have been on a remarkable surge since the beginning of 2025, climbing over 11.35% so far. Despite a recent dip on March 5, the precious metal remains close to its all-time high of ₹86,105 per 10 grams. With gold remaining a preferred safe-haven asset, investors today have multiple options beyond just physical gold. …
Under the leadership of Prime Minister Narendra Modi, the Central Government has launched several welfare schemes aimed at uplifting the poor and underprivileged sections of society. One such scheme is the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), which was introduced five years ago. It has served as a crucial lifeline for Antyoday families, particularly …
The Employees’ Provident Fund Organization (EPFO) has introduced key updates to the Employees’ Deposit Linked Insurance (EDLI) scheme. These changes were approved during the 237th meeting of the Central Board of Trustees (CBT), led by Union Labor Minister Mansukh Mandaviya. Additionally, CBT has recommended an 8.25% annual interest rate for EPF subscribers. Key Changes in …
In 2024, major companies like Reliance Industries and Wipro announced bonus share issues, which created a lot of excitement in the stock market. If you’re wondering whether the bonus shares have been credited to your Demat account, here’s how you can check and stay informed. Don’t worry—this guide simplifies the process for you. Credit Process …
The third instalment of advance tax for the financial year 2024-25 is due on Sunday, December 15, 2024. Taxpayers must ensure that 75% of their total tax liability is paid by this date. However, due to an existing Income Tax Department circular, payments made on Monday, December 16, 2024, will be accepted without any penalties. …
Fixed deposits (FDs) have been a preferred choice of investment for Baby Boomers and Gen X in India, making it one of the oldest saving instruments. With their money invested in FDs, depositors deemed the money to be in a safe place with an assured fixed rate of return. Of late, with a soaring fiscal …
On December 4, 2024, the Goods and Services Tax Network (GSTN) issued an important advisory outlining new guidelines for the filing of GSTR-7 returns. Effective from October 2024, it is now mandatory for GST-registered taxpayers, specifically those who deduct Tax Deducted at Source (TDS), to follow a sequential filing process. This new rule aims to …
When envisioning retirement, financial security and comfort take precedence. Throughout life, individuals work tirelessly, earn, and make financial sacrifices to secure a stable future. As income sources diminish during retirement, having a reliable corpus ensures independence, dignity, and the ability to maintain one’s lifestyle without financial stress. The question arises: how does one build such …
If you want to check your Provident Fund (PF) balance, you’ll need a Universal Account Number (UAN), a registered mobile number, and an internet connection. Here are 5 ways to check your balance and account details. Check PF Balance Using the UMANG App The UMANG app, launched by the government, offers multiple government services, including …
