How to reduce your home loan interest rate: Check out these 5 tips

  New Delhi : Several banks in the country are giving a stiff competition to each other in the home loans segment this festive season. Also, Reserve Bank of India’s (RBI’s) recent decision to keep the key interest rates unchanged have come as a big respite for borrowers who are grappling with the onslaught of […]

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PPF vs EPF: Interest rate, income tax rule, other details that you should know

  PPF vs EPF: EPF or Employees’ Provident Fund is a government-backed retirement benefit scheme designed for salaried individuals only whereas PPF or Public Provident Fund is designed to provide old age income security to a PPF account holder. Both give income tax exemption on up to ₹1.5 lakh investment in one financial year under Section 80C […]

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General Provident Fund (GPF) interest rate for Q3FY22 declared. Check details

  The central government has announced interest rate for General Provident Fund (GPF) and other similar kinds of funds for October to December 2021 quarter. The GPF and other similar fund subscribers, who are central government employees, will continue to get 7.1 per cent return in Q3FY22, as central government has left GPF interest rate unchanged at […]

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Few important last minute tips to save income tax from loans: Get Details

To the disappointment of loan borrowers, the Supreme Court, on March 24, pronounced its judgement on the six-month loan moratorium period stating that it cannot allow waiver of complete interest and extension of the moratorium. Nevertheless, the comforting prospect of claiming a deduction that will reduce your income tax still remains. Following are the deductions that will […]

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Govt. of India has introduced new changes in GST slabs – Check how it will benefit you

The government, in an attempt to simplify the Goods and Services Taxes (GST) regime in the country, is planning to lower the number of tax slabs in the upcoming meeting in mid-March, reports Times Now. The Centre government will likely ask the states to look at merging 12 per cent and 18 per cent tax slabs into […]

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5 Banks who are Offering 7.5% Interest Rate on Savings Account. Check Details

Let us know about the savings rates of 5 small finance banks. Best savings account Interest Rates: When opening a savings account hardly anyone thinks about the interest rates. Most savings accounts have only one objective – to deposit money. But think that you should also deposit money in the bank and get FD as […]

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Opening an FD Account? 5 Crucial Things to Consider before Investing in Fixed Deposits

If you want to ensure the safety of capital as also to get the best rate of interest, then you need to keep a few important things in mind before putting your hard-earned money in fixed deposits. Bank fixed deposits (FDs) are one of the most popular investment avenues among risk-averse investors, particularly senior citizens. […]

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