Searched for
RECURRING DEPOSIT EXPLAINED
PhonePe's Rs 100 daily RD: How it works; app also adds FD investment optionWith its latest feature, PhonePe now allows users to easily invest in daily recurring deposits via its user-friendly app. Starting investme...
Rs 2 lakh monthly salary at 26, no loans, retired parents. But Bengaluru man says one reason still makes him feel 'not rich'A 26-year-old Bengaluru professional earning ₹2 lakh a month has gone viral after revealing that he still doesn't feel "rich" despite havin...
You don't need to be an accountant. You just need to ask three questionsA loss can exist long before the accounts admit it, because management decides when to admit it. This story shows how that delay works, the...
Canada study permit refusals often come down to paperwork, not moneyApplyBoard's analysis of 2,812 Canadian study permit decisions suggests many students are refused not because they lack funds, but because ...
NRIs can bring USD 70-80 bn into India through FCNR deposits: ExpertNon-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative...
Can banks increase FD interest rates as inflation crosses RBI’s target of 4%?Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit...
Rs 50 lakh SUV or 20 e-rickshaws? CA says how one can earn up to Rs 1.2 lakh a monthA Chartered Accountant's social media post ignited a debate by contrasting a Rs 50 lakh luxury SUV with investing in 20 electric rickshaws....
India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...
RBI floating rate bond : Has 8.05% interest rate changed? Here's what investors should knowThe Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to...
Has government changed PPF, NSC, SCSS and other small savings interest rates for July-September 2026 quarter?Small savings scheme interest rates: The Finance Ministry has kept interest rates on all small savings schemes unchanged for the July–Septe...
The smartphone is becoming India’s most important financial advisorIndia's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...
NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
Bengaluru CA used to earn Rs 13.5 LPA at 22. But she made one financial mistake for 3 years. She shares her hard-earned lesson at 30A Bengaluru Chartered Accountant, Meenal Goel, realized her biggest financial mistake was letting her savings sit idle for years. Despite a...
Recurring deposit (RD) premature withdrawal: Eligibility, interest rate, other rules explainedPost office RD scheme: You might have invested money in a post office RD scheme, however due to any financial need or trouble you may wish ...
HDFC Ltd-HDFC Bank merger: Will HDFC Ltd fixed deposit investors get the benefits of HDFC Bank FDs post-merger?HDFC Ltd-HDFC Bank Merger: If you have a fixed deposit with HDFC Ltd., you are bound to witness certain changes post-merger. Your FD accoun...
Money and relationships: 4 guidelines to follow to help your teenage child understand the basics of investingEncourage him to take the first steps towards investing by listing out the options, explaining the research and hard work that need to go i...
Returns on small saving schemes like Kisan Vikas Patra, National Savings Certificate to fall from April 1Interest rates on small savings are set to come down from April 1 as the govt rejigs interest rate framework to align it with market rates.
Budget 2015: Interest income on recurring deposits to attract TDSAmendments made to Section 194A will mean that interest income above Rs 10,000 for an RD, will attract TDS.