Personal Finance - Angel One - Page 150

The Employees’ Provident Fund Organisation (EPFO) has decided to maintain the interest rate on employees’ provident fund deposits at 8.25% for the 2024-25 financial year, unchanged from the previous year. When Will Interest Will Be Credited? This decision was made by the EPFO’s Central Board of Trustees during a meeting held on Friday. For the …

If you own Sovereign Gold Bonds (SGBs) and are considering selling them before maturity, you’ll be glad to know that the Reserve Bank of India (RBI) has announced the latest premature redemption schedule, allowing investors to exit their holdings with zero tax liability under specific conditions. SGBs typically mature in 8 years, but investors can …

“Whether I should invest for long-term or short-term”, you must have questioned yourself or asked experts. Will a larger amount invested for a shorter period help accumulate a larger sum, or will a small investment made for the long term accumulate a bigger corpus? In this article, we answer this and more such questions. Investing …

Kewal Shah, an experienced fund manager with over a decade in the mutual fund industry, has been appointed as one of the fund managers for the Angel One Nifty Total Market Index Fund. Shah, 35, holds a PGDM in Finance and brings a wealth of experience in fund management, particularly in passive investing strategies. Kewal …

Prime Minister Narendra Modi recently visited Bhagalpur, Bihar, to release the 19th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. However, some farmers may not have received their payment due to incomplete documentation. Why Haven’t Some Farmers Received the 19th Installment? Farmers who have not completed their e-KYC or linked their Aadhaar with …

The National Pension System (NPS) is a flexible and tax-efficient retirement plan that can help individuals, including those aiming for early retirement, build a strong financial foundation. Why NPS is Suitable for Early Retirement NPS is often seen as a long-term investment, but its features make it attractive for early retirees as well. Low Contribution …

Have you ever wondered how long it would take to build a corpus of ₹1 crore with monthly investments? In this article, we look at setting aside a fixed sum every month, whether it’s ₹5,000, ₹7,000, or even ₹10,000, and watching it grow over time. At first glance, reaching ₹1 crore might seem like a …

The investment landscape in India is evolving, with young investors increasingly favouring the stock market. The latest Investor Behaviour Index (IBI 2025) reveals that 81% of respondents have invested in stocks, with nearly 45% of individuals under 35 considering equities their primary investment avenue. This shift is largely attributed to greater financial awareness, improved access …

The (EPFO) Employees’ Provident Fund Organisation is set to introduce a new system that will allow subscribers to withdraw their provident fund (PF) claims using the Unified Payments Interface (UPI). The executive committee of EPFO’s Central Board of Trustees (CBT) has approved the plan, making the process faster and more convenient. UPI-Based PF Withdrawals Expected …

The recent fraud at the New India Co-operative Bank (NICB) has once again raised concerns about the security of deposits in co-operative banks. Since deposit insurance was introduced in 1962, a staggering 430 co-operative banks have failed, endangering the savings of thousands of depositors. These crises have resulted in an insurance payout of ₹16,000 crore …