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Retirement Planning: How a One-Time Investment of ₹10 Lakh Can Create ₹3.5 Crore Retirement Corpus

Retirement Planning: How a One-Time Investment of ₹10 Lakh Can Create ₹3.5 Crore Retirement Corpus

10 February 2025

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 …

Check PF Balance: 5 Simple Ways to View Statement and More

Check PF Balance: 5 Simple Ways to View Statement and More

11 February 2025

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 …

How the ₹1 Lakh TDS Limit Affects Senior Citizens’ FD Earnings

How the ₹1 Lakh TDS Limit Affects Senior Citizens’ FD Earnings

12 February 2025

The government has raised the Tax Deducted at Source (TDS) limit on fixed deposit (FD) interest for senior citizens from ₹50,000 to ₹1 lakh per year. This change, effective from April 1, 2025, aims to reduce the administrative burden on senior citizens. However, tax experts emphasise that this is only a procedural change, and senior …

Will Gold and Silver Prices be Cheaper After Cut in Import Tariff Prices?

Will Gold and Silver Prices be Cheaper After Cut in Import Tariff Prices?

4 March 2025

The government of India has reduced the import tariff on gold by $11 per 10 grams, lowering the price to $927 per 10 grams. This change comes amid ongoing selling pressure on gold, primarily due to a rebound in the dollar index and profit-taking. The import tariff price of gold represents the base price set …

Credit Card Spending in India Sees 14 PC Growth at Rs 1.84 Lakh Cr in Jan

Credit Card Spending in India Sees 14 PC Growth at Rs 1.84 Lakh Cr in Jan

4 March 2025

Credit card spending in India sees 14 pc growth at Rs 1.84 lakh cr in Jan Mumbai, March 4 (IANS) Total credit card spending in India reached Rs 1,84,100 crore (Rs 1,841 billion) in the month of January, marking a strong 14 per cent growth (year-on-year), a report showed on Tuesday. The total credit card …

Best Monthly Income Investments in India – March 2025

Best Monthly Income Investments in India – March 2025

4 March 2025

Generating a stable monthly income can be a key financial goal for many investors, whether they are retirees seeking financial security or individuals looking for passive income. With evolving market conditions and changing interest rates, selecting the right investment options in March 2025 requires a balanced approach between risk and returns. From fixed-income instruments like …

We gave benefits of Subhadra Scheme to more than 98 lakh women: Odisha Deputy CM Pravati Parida says further assistance on March 6, 8

We gave benefits of Subhadra Scheme to more than 98 lakh women: Odisha Deputy CM Pravati Parida says further assistance on March 6, 8

4 March 2025

Bhubaneswar (Odisha) [India], March 4 (ANI): Odisha Deputy Chief Minister and Minister of Women and Child Development Pravati Parida asserted that more than 98 lakh women received benefits from the Subhadra Scheme, and further assistance will be given on March 6 and International Women’s Day on March 8. Pravati Parida said, “We gave benefits of …

When Will the 8th Pay Commission Be Implemented?

When Will the 8th Pay Commission Be Implemented?

4 March 2025

The announcement of the 8th Pay Commission has brought excitement among central government employees, who are eagerly awaiting its implementation. The proposed effective date is January 1, 2026, marking the beginning of the last quarter of the 2025-26 financial year. This financial year’s budget was presented by the Finance Minister on February 1, 2025. However, …

Should You Use Your Credit Card to Buy Gold?

Should You Use Your Credit Card to Buy Gold?

4 March 2025

Buying gold with a credit card is an option many consider, especially with rising gold prices and festive demand. While it offers convenience and instant ownership, factors like RBI regulations, interest rates, and repayment terms must be considered. Does this move affect your financial health? Let’s explore what the RBI says and weigh the pros …

Best Investment Option in India for March 2025

Best Investment Option in India for March 2025

4 March 2025

As we move into the new financial year 2025, the investment landscape continues to evolve with new opportunities and emerging trends. Whether you’re a seasoned investor or just getting started, it’s crucial to explore the best investment options that can help you achieve your financial goals in the coming year. From traditional assets like stocks …

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