When you think about withdrawing money from your Employees’ Provident Fund (EPFO) in India, long queues, complicated paperwork, and frustrating delays likely come to mind. However, that could soon change with the introduction of EPFO 3.0. Union Labour Minister Mansukh Mandaviya recently announced this upgrade, promising a banking-like experience for EPFO members. This move aims …
The Indian government has introduced several changes in the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) rules in Budget 2025. These changes, effective from April 1, aim to simplify tax compliance, reduce unnecessary deductions, and improve cash flow for individuals and businesses. Here’s a look at the key updates: Higher TDS …
March is a crucial month for financial planning, with several important deadlines for tax-saving investments, income tax return updates, and special fixed deposit (FD) schemes. Staying informed can help individuals make smart financial decisions before the month ends. Tax-Saving Investments Under Section 80C, 80D, and 80G For those opting for the old tax regime, March …
Starting a business often requires financial backing, but many aspiring entrepreneurs struggle due to a lack of funds. Recognising this challenge, the Uttar Pradesh government has introduced the CM Yuva Udyami Yojana (Chief Minister’s Young Entrepreneur Development Campaign), offering interest-free loans of up to ₹5 lakh to young individuals looking to establish their businesses. Scheme …
International Women’s Day, celebrated on March 8, is a global recognition of the social, economic, cultural, and political achievements of women. In India, this day holds significant importance as we acknowledge the contributions of women and recognise the need for further empowerment. Over the years, the government at both central and state levels has launched …
As Holi approaches, central government employees and pensioners await an official announcement regarding a Dearness Allowance (DA) and Dearness Relief (DR) hike. The government revises these allowances twice a year, in January and July, to help offset inflation. While the January revision is usually announced around Holi, the July revision is typically declared near Diwali. …
Growing a huge corpus with a small investment amount seems unlikely, but with a smart and consistent investment plan, it’s possible. The power of compounding plays a crucial role in growing your investment in the long run. Another secret to success is starting early. When you invest early, your money has more time to grow. …
New Delhi, March 6 (IANS) PhonePe on Thursday launched its ‘insuring HEROES’ campaign ahead of the International Women’s Day. International Women’s Day is observed every year on March 8. As part of the initiative, the company is offering exclusive discounts of up to 30 per cent, specifically for women, on select term life and health …
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. …
