All about UPS: Right from the mode of calculating your pension, the taxes that go with it The government has recently launched the team welfare eventually called the Unified Pension Scheme (UPS) for central government employees. This new scheme....
Read MoreCurrently the Information & Broadcasting (I&B) Ministry has asked the Ministry OF Finance to slash down the Goods & Service Tax (GST) on digital news subscriptions. In a letter to the revenue secretary Sanjay Malhorta, dated July 22,....
Read MorePlaying into the RBI’s apprehensions of slow deposit mobilisation and credit growth outpacing deposits, State Bank of India Research revealed on Monday that incremental deposits have grown at Rs 61 trillion since FY22, surpassing incremental c....
Read MoreIn this announcement, the RBI clarified its guidelines on branches and the appointment of agents to collect deposits for NBFC to also extend to deposit taking HFC. The RBI on Monday came out with revised regulations for the deposit accepting ....
Read MoreThe largest India’s non banking finance company by market capitalisation is keen on borrowing up to $500 million overseas, people close to the development said, joining a clutch of shadow financiers seeking external funds as local sources drie....
Read MoreThe income tax department only has a month till the new reassessment law will be implemented on 1st September 2024. The assessment officers are in a rush to send out tax notices to taxpayers who have not paid their taxes properly in the previous....
Read MoreIntroduction: Green Loans What Are Green Loans? Green loans involve special money offerings that assist homeowners to advance their properties with eco-saving and efficient energy-related upgrades. With the escalation in the price of electricit....
Read MoreIntroduction: The importance of AI in the current loan approval process The loan approval systems have evolved swiftly because banks and other financial institutions have ceased using the traditional methods of paper-based evaluation to use AI-....
Read MoreThe year 2025 will be a milestone of green mobility in India. Banks and NBFCs have also come up with special green vehicle financing programs with the introduction of electric vehicles, hybrid cars, and solar-assisted charging becoming the norm.....
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Pioneering ease of access to Basic Banking & Financial Services in Rural India