Personal Finance - Angel One

India’s gig economy is thriving, with more professionals choosing freelancing and independent contracting as their primary source of income. According to NITI Aayog’s report “India’s Booming Gig and Platform Economy”, the workforce in this sector is expected to surpass 1 crore in 2024-25 and reach 2.35 crore by 2029-30. With this rapid growth, financial planning …

On April 1, 2025, the Unified Pension Scheme (UPS) will be launched under the National Pension System (NPS), offering central government employees a robust post-retirement financial security plan. With guaranteed pension benefits, government contributions, and investment flexibility, UPS is designed to provide comprehensive financial support to employees after their retirement. Key Features of Unified Pension …

On Friday, March 28, the Union Cabinet, led by Prime Minister Narendra Modi, approved an additional installment of dearness allowance (DA) for central government employees and dearness relief (DR) for pensioners, effective January 1, 2025. This decision is expected to benefit 1.15 crore central government employees and pensioners. Ashwini Vaishnaw, the Minister of Information and …

The central government has approved a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR) for government employees and pensioners. This decision, taken on March 28 in a cabinet meeting chaired by PM Narendra Modi, will benefit over 1 crore employees and pensioners. The new DA rate will be effective from January 1, 2025. …

The central government has decided to keep the interest rates on small savings schemes, such as the Public Provident Fund (PPF) and National Savings Certificate (NSC), unchanged for the first quarter of the financial year 2025-26 (April to June 2025). In a notification issued on March 28, 2025, the Department of Economic Affairs (DEA) confirmed …

Starting April 1, 2025, several new financial and tax rules will come into effect. These changes, announced in the Union Budget 2025 by Finance Minister Nirmala Sitharaman, will impact your income, banking, investments, and spending habits. Here’s what you need to know: No Income Tax for Earnings Up to ₹12 Lakh The revised tax slabs …

Investment scams are becoming increasingly common. In February 2025, Rajasthan police arrested 7 accused people for an ₹85 lakh fraud. The accused lured a woman with high stock market returns. The Hyderabad cybercrime police arrested a man for similar scams. Gurgaon Case: ₹85 Lakh Fraud A Gurgaon resident reported an ₹85 lakh loss on February …

Gold prices fluctuate daily based on global market trends, demand, and currency exchange rates. Staying updated on these changes is essential for investors, jewellers, and buyers to make informed decisions. Check out today’s gold rates in Dubai. Dubai Gold Rate Comparison: Today vs. Previous Session The table below shows the per-gram and 10-gram gold prices …

Retail credit growth witnessed a noticeable moderation in the quarter ending December 2024. According to a recent report, this slowdown has had a disproportionate impact on new-to-credit (NTC) customers—individuals seeking formal credit for the first time. As lenders reassess their risk appetite, fresh applicants are finding it increasingly difficult to secure approvals. Lenders Become Selective …

Did you struggle with your online banking transactions today? If so, you weren’t alone. On April 1, 2025, State Bank of India (SBI), the country’s largest public sector bank, faced a significant technical disruption that affected millions of customers nationwide. Mobile banking services, fund transfers, and ATM operations were impacted, leaving users frustrated during one of …