India’s Post Office Time Deposit scheme presents a reliable, government-backed fixed-income option, with interest rates rising up to 7.5% for five-year deposits, appealing to risk-averse savers seeking certainty amid fluctuating market conditions. India’s Post Office Time Deposit scheme is being…
India’s FAST-DS scheme, opening on August 16, 2026, provides a simplified yet potentially costly route for taxpayers to disclose foreign assets, with complex maths determining the final payment, aiming to encourage voluntary compliance. The arithmetic behind India’s new Foreign Assets…
The Employees’ Provident Fund Organisation has issued a reminder for employers to file the Electronic Challan-cum-Return and deposit July’s provident fund dues by August 15, emphasising the importance of timely compliance to avoid penalties and ensure employee savings are credited…
Small finance banks like Jana and Suryoday are offering senior citizens fixed deposit returns above 8%, disrupting the traditional dominance of larger private and state-owned banks in senior savings strategies. Small finance banks are still leading the pack for senior…
India’s retirement savings system undergoes a major update, introducing faster digital claim processes, adjusted contribution rules, and expanded coverage potential under the new EPFO Scheme 2026, aiming to benefit millions of workers. India’s retirement savings system has been given one…
The Reserve Bank of India has attracted over $56.84 billion through its concessional swap facility, boosting foreign exchange reserves to their highest level in recent weeks amidst ongoing global economic uncertainties. The Reserve Bank of India has attracted $56.84 billion…
Households using Indane, Bharat Gas or HP Gas must complete Aadhaar-based e-KYC by August 16, 2026, or risk losing access to domestic LPG rates, amid confusion over the deadline and process options. LPG households using Indane, Bharat Gas or HP…
India’s banks are increasingly activating stricter procedures for dormant accounts, demanding reactivation through updated KYC documents as accounts age without customer activity, potentially complicating access to funds. Many customers forget about an old savings or current account, but Indian banks…
As digital banking expands in India, the country is refining its KYC procedures to enhance security and combat sophisticated cybercrimes, despite ongoing challenges in enforcement and compliance. KYC, or Know Your Customer, is often treated by bank customers as an…
A multitude of Indian listed companies, including Reliance Industries and Bharti Airtel, are approaching dividend and record dates, offering shareholders fresh opportunities for cash payouts amid active trading and strategic investment considerations. Indian investors are set for a busy spell…
A step-up systematic investment plan allows investors to increase their contributions over time, helping to combat inflation and maximise long-term returns through disciplined saving and the power of compounding. A systematic investment plan, or SIP, lets investors put a set…
India’s new Foreign Assets of Small Taxpayers Disclosure Scheme, 2026, offers eligible taxpayers a one-time opportunity to declare offshore holdings and foreign income, with significant penalties and streamlined procedures, amid increased government scrutiny of offshore assets. India’s new Foreign Assets…
