In today’s digital era, obtaining an instant personal loan has become more accessible, especially with the Aadhaar card serving as a primary document for verification. Many lenders offer quick loans with minimal paperwork, making it a convenient option during financial emergencies. While an Aadhaar card simplifies the process, some lenders may still require additional documents …
Purchasing the first house is a milestone for many. That feeling of being a homeowner from your own hard-earned money is surreal. Everything seems to be on track and the future looks bright…until you’re burdened with the monthly EMIs and are unable to pay back the bank. The pandemic of 2020 led many loan takers …
With the rise of online shopping, fraudulent delivery scams have become increasingly common. A new scam involving fake calls from individuals posing as Blue Dart executives has emerged, tricking unsuspecting people into compromising their financial and personal security. Understanding how this scam operates and taking preventive measures is essential to avoid falling victim to such …
Central government employees and pensioners had high hopes that Finance Minister Nirmala Sitharaman would announce the roadmap for the 8th Pay Commission in her Union Budget 2025 speech. However, the budget did not mention the new pay commission or allocate funds for its implementation, pushing expectations to the next financial year. Formation of the 8th …
Finance Minister Nirmala Sitharaman, in the Union Budget 2025, announced reductions in customs duties on several imported goods, making them more affordable for Indian consumers. The changes will lower the prices of luxury items, household essentials, and even green energy products. However, some electronic goods will see higher duties. Luxury Jewelry Gets Cheaper Buying imported …
The Union Budget 2025 has brought forward several transformative measures to boost the growth and access to credit for Micro, Small, and Medium Enterprises (MSMEs) in India. One major initiative is the doubling of the credit guarantee limit for MSMEs from ₹5 crore to ₹10 crore. Additionally, the Finance Minister raised the turnover and investment …
In her Budget speech, Finance Minister Nirmala Sitharaman announced that individuals earning up to ₹12 lakh annually are now exempt from income tax. However, for salaried taxpayers, the threshold is slightly higher at ₹12.75 lakh due to a standard deduction of ₹75,000. Additionally, by making use of the National Pension System (NPS), salaried individuals can …
The EPFO (Employees’ Provident Fund Organisation) has asked 165,000 eligible members to pay additional contributions to qualify for a higher pension. This update was shared in Parliament by Minister of State for Labour & Employment, Shobha Karandlaje. Higher Pension Applications and Processing A total of 17.48 lakh applications were submitted by EPFO members and pensioners …
In the Union Budget 2025, the government increased the tax deduction at source (TDS) limit for interest earned on fixed deposits. For general citizens, the threshold rises to ₹50,000 from ₹40,000, while for senior citizens, it is raised to ₹1 lakh, doubling the previous limit. This move aims to simplify tax deductions and reduce the …
The 2025 Union Budget proposes removing conditions for homeowners to claim nil tax on two self-occupied properties. This simplifies the annual property value calculation and supports taxpayers with diverse housing needs. Budget 2025 Eases Tax on Two Homes In Budget 2025, Finance Minister Nirmala Sitharaman introduced a major tax relief for homeowners with two self-occupied …
