There was a sudden phase of sharp selling during trading in the Indian stock market today, due to which the heartbeats of the investors increased. Bombay Stock Exchange’s main index Sensex (BSE Sensex) was seen trading in the red with a huge fall of almost 300 points. The biggest impact …
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New and ambitious businesses of Tata Group need huge capital, eyes set on investment worth lakhs of crores
Tata Group, one of the most trusted and largest industrial houses of the country, is going through a very exciting and challenging phase of expansion and modernization of its business these days. The new sectors in which the Group has entered are the most modern and strategically important technologies of …
Read More »EPFO Pension Calculation: How much pension will you get every month after retirement on basic salary of ₹ 13,000 and 20 years of service?
‘Employees’ Pension Scheme 1995′ (EPS-95) run by the Employees’ Provident Fund Organization (EPFO) is a big and reliable means of financial security after retirement for employed employees. This question often arises in the minds of crores of employees working in the private sector that when they complete their long service …
Read More »Think 100 times before becoming a guarantor for a loan from a friend or relative! One mistake and your CIBIL score will be ruined.
Under the pressure of friendship, kinship or social etiquette, people often sign as ‘Guarantor’ on the loan documents of someone they know without thinking. Most people have the misconception that becoming a guarantor is just a formality in which they are assuring the bank that they know the person. The …
Read More »Tax calculations after retirement: 7 earnings on which senior citizens have to pay income tax
It is a big and common misconception among employed and working people in India that after completing 60 years of age and retiring, all their earnings become tax-free. According to the rules of the Income Tax Department, turning 60 or 80 years of age does not end your tax liability, …
Read More »Is the credit card chip damaged or is it not swiping? Follow these 5 easy steps to get a new card at home without any hassle.
In today’s digital and cashless era, credit cards have become an essential part of everyday shopping, online shopping, flight-hotel booking, dining and medical emergencies. Many times, due to continuous use, bending in the wallet, exposure to water, wear of the magnetic strip or scratches on the microchip, the credit card …
Read More »EPFO Pension Alert: A little carelessness on the part of pensioners and the pension coming every month will be stopped.
A fixed monthly pension is given every month to retired private sector employees through the ‘Employees’ Pension Scheme 1995′ (EPS-95) under the Employees’ Provident Fund Organization (EPFO). Lakhs of pensioners often ignore a basic rule regarding this biggest financial support in old age, due to which the pension coming into …
Read More »Health Insurance Claim Deductions: Hospital bill was ₹5 lakh and got only ₹3.5 lakh? Know the 6 real reasons for deduction of money in claim settlement
After being admitted to the hospital, the biggest mental strength that the patient and his family get is the fact that they have a comprehensive health insurance policy. When the TPA desk of the hospital issues the final bill at the time of completion of treatment and discharge, most of …
Read More »Post Office’s superhit scheme: You will get full ₹ 9,250 every month on lump sum deposit; Know the interest rate of Post Office Monthly Income Scheme (POMIS)
Amidst the uncertain fluctuations of the stock market and the market risk of mutual funds, if you want a fixed and secure monthly income without any financial risk on your hard-earned money, then small savings schemes of the post office are still the most reliable option in the country. ‘Post …
Read More »‘Defective notice’ of section 139(9) came after filing ITR? Don’t panic! Know why the Income Tax Department sends this notice
After filing Income Tax Return (ITR) most taxpayers wait for their refund or intimation of return processing (Section 143(1)). Many times, within a few days or weeks of the return being submitted, an alert comes on email and SMS from the Central Processing Center (CPC) of the Income Tax Department …
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