When is the next Sovereign Gold Bond scheme? Or you may ask: Sovereign Gold Bond scheme 2023-24 Sovereign Gold Bond Dates 2023-24 Sovereign Gold Bond scheme 2023-24 dates The Sovereign Gold Bond Scheme FY 2023-24 calendar, also called as the…
Read More Sovereign Gold Bond FY 2023-24: Series Calendar Schedule (All Tranches)
The EPFO has released a circular in June 2023, which finally announces the new formula for computing pension on higher salary, instead of the existing statutory limits. That is, now we know what will EPFO use as pension calculation method…
Read More EPFO’s New Formula for Calculating Higher Pension on Actual Salary (Circular June 2023)
A cousin aged 30, recently got married. He and I discuss finances frequently and hence, he asked me one day – My wife and I want to travel and take international vacations every 2-3 years starting from 2025. But since…
Read More How to Plan for International Vacations Every 2-3 years without Guilt (2025)?
Are the good days of high FD rates about to come to an end? The FD depositors have had a good time over the last one year. With the RBI having hiked repo rates by a total of 2.5% in…
Read More Start Booking FDs at High Interest Rates Before They Start Falling Again
For those Indians who spend money abroad, the Budget 2023 had something in store. The government announced significant modifications in LRS rules and more importantly, that 20% TCS will be applicable on all Foreign Remittances from 1st July 2023. Let’s…
Read More Is 20% TCS Rule (of LRS) applicable on Credit Card Spends Abroad from 1st July 2023?
Many people at the start of their earning years, had got introduced to LIC via some relative/friend of the family who forced them to buy LIC New Jeevan Anand at the start of their careers as investments and for tax-savings.…
Read More Should I Surrender LIC New Jeevan Anand & Instead Invest in Mutual Funds (2023)?
Nowadays, money can be used to purchase anything. Or almost anything. However, not everyone has enough money to do that. And for such people, there are lenders. However, due to the potential risks involved in lending, most financial organizations and…
Read More 7 Techniques to Increasing Your Credit Score Smartly
RBI recently decided to withdraw Rs 2000 banknotes from circulation. Many people were wrongly confusing this as Demonetization 2.0 but this is just a withdrawal and not demonetization. Still, many people who have Rs 2000 currency notes are worried about…
Read More What is Tax Impact of Depositing Rs 2000 notes In your Bank Accounts (2023)?
LIC Jeevan Akshay VII (Plan 857) is an immediate annuity plan by LIC that provides annuity starting immediately to the policyholder on payment of a one-time lumpsum amount. If you want to know more about this LIC Jeevan Akshay VII…
Read More LIC Jeevan Akshay VII (No. 857) | Review + Benefits | Should you Buy (2025)?
As of now, the highest FD interest rates are offered by the small finance banks. And it is natural for people to get attracted to these when other larger and established banks in India are offering much lower interest rates…
Read More Is Small Finance Bank Safe For high interest rate FD (2026)?
What happens to deposits of account holders if a DICGC insured bank fails in India? In India, a majority of people have some money parked in bank FDs as these are perceived to be the safest way to save money.…
Read More What happens to Fixed Deposits if a DICGC Insured Bank fails in India (2026)?
Recently, SEBI came out with a consultation paper reviewing the Total Expense Ratio charged by AMCs and the need to rationalize them. You can check the detailed paper here on SEBI website. But there was one interesting insight in the…
RBI has announced (on 19th May 2023) that the Rs 2000 currency notes in India are being withdrawn from circulation. This announcement has been made via a notification (link) and is not like the 2016 demonetization announcement made by the…
The whispers (or rather noise) of an imminent recession in US have been around for a year now. And if we were to believe in all that is there on social media, then 2023-24 is the year when US will…
Read More How will US Recession Impact You (and India) & What Can You Do Now?
Should You Choose higher EPS Pension offer by EPFO & contribute a lumpsum from EPF in 2023? The EPFO subscribers have been in a dilemma about this over the last few months. And rightly so. The impact of the decision…
Read More Should I Choose EPFO’s higher EPS Pension offer & contribute Lumpsum from EPF in 2023?
