After RBI’s change in monetary policy, most of the banks usually revise their Fixed deposit interest rates in synchronization with the policy of RBI. Here, we have compared all the 12 public sector banks or nationalized banks’ fixed deposit interest rates of SBI, PNB, BoB, Canara bank, UBI, Indian, IOB, Uco, BoM, PSB, BoI, CBIContinue reading “Fixed deposit interest rates’ comparison of 12 Govt. banks”
Category Archives: Finance
Comparison of Old Pension Scheme vs New Pension Scheme
Indian government employees after retirement used to get the pension under the old pension scheme, called OPS. But, from 22nd Dec 2003, New Pension Scheme called NPS came into existence and since then nothing remained same for the working employees. In every corner of India whether it is central government employees or state government employees,Continue reading “Comparison of Old Pension Scheme vs New Pension Scheme”
Nifty 50 Exchange Traded Fund (ETF) like ‘Niftybees’, is’t safest bet?
Is the Nifty 50 Exchange Traded Fund (ETF) like NiftyBeES best and safest in the share market as market is falling and you are tempted to invest in the stocks which you always wanted to buy?
FY 22-23 New Income tax return e-filing, exemptions, deductions, e-payment, refund
Change in the new income tax portal:
Savings account interest rates’ comparison of SBI, ICICI, PNB, HDFC, BoB, Axis and other banks
Saving interests in Indian banks are on the increasing trend and after latest RBI’s decision, most of the public sector banks and private banks have reduced the savings interest drastically. Here we are comparing savings account interest of all govt. banks and 3 largest private banks ICICI, Axis and HDFC.
DA hike for CDA pattern employees of CPSEs from 1st July 2022
DA hike for CDA pattern employees (HPPC) of CPSEs, drawing pay in 7th cpc pay scales, 6th cpc pay scales and 5th cpc pay scales, from 1st July 2022 has been declared by Department of Public Enterprises under Ministry of Finance.
Difference between Short term and Long term capital gains
Capital gains definition: Capital gains are the gains arising from the sale of any type of capital assets like immovable property, equity shares (listed or Un-listed), debt-fund, mutual fund, Jewellery etc. We’ll know the difference between Short term and Long term capital gains below in detail. (source: Income tax India)
Minimum balance requirement and charges for not maintaining QAB or MAB in Indian banks
In most of the Indian banks, if you have a bank account, you need to maintain a minimum balance amount per month or per quarter. If you fail to do so, you will be charged for not maintaining the minimum balance amount known as Quarterly Average Balance (QAB) or Monthly Average Balance (MAB).
Bitcoin and altcoins latest updates
Crypto currency news timeline across the globe 08.02.2022 – Bitcoin and altcoins updates On 8th Feb’22, the Crypto currencies’ total market cap has increased to approx. $2 trillion, above from its low of $1.6T in Jan’22. but still much below from its all time high of about $3 trillion in Nov’21. Will it go down moreContinue reading “Bitcoin and altcoins latest updates”
India’s Retail Inflation rate of December 2021, Consumer Price Index (CPI), CFPI number of December 2021
Retail Inflation rate and CPI number for December 2021 of India has been declared on 12th January 2022 by the National Statistical Office (NSO), under Ministry of Statistics and Programme Implementation (MoSPI). December 2021 Inflation (general) is 5.59 %, increased by 13.85 % over November 2021 Inflation (general) of 4.91 %. December 2021 Inflation (general)Continue reading “India’s Retail Inflation rate of December 2021, Consumer Price Index (CPI), CFPI number of December 2021”
Mobile app for income tax, steps to file ITR through Mobile App
Income tax of India has taken new shape with advanced features. There are many changes in the income tax portal from 7th June 2021. The most important additional feature is now ITR can be filed through Mobile App also as well as through desktop. When almost every taxpayer has smartphone, so this mobile app isContinue reading “Mobile app for income tax, steps to file ITR through Mobile App”
Dearness allowance and Dearness Relief freezed till 30th June 2021 for Central Government employees
Dearness allowance and Dearness Relief freezed till 30th June 2021 for Central Government employees In a major setback for lakhs of employees, the Government has freezed the DA/DR till july 2021.
Union Budget 2021 highlights of tax and of all sectors of economy
The Finance minister Smt. Nirmala Sitharaman has presented the budget in Parliament for year 2020-21 on 1st February, 2021. The official website for union budget is https://www.indiabudget.gov.in/, where the current and previous budgets documents, economic surveys are available. Highlights of the Union Budget 2021
Yes bank share price?
YES BANK SHARE PRICE NOW : on NSE YES BANK SHARE PRICE NOW : on BSE Now the bank has started crawling towards success with better management, better investors and solid future action plans.