Senior citizens in India continue to favour five-year fixed deposits as a safe investment option, with rates varying across banks but offering stable returns amid changing market conditions. Senior citizens in India looking for a safer place to park savings…
Many EPF members mistakenly believe the year-end balance directly reflects the interest earned at the annual rate; in reality, interest is calculated monthly on updated balances, affecting how much members actually earn. EPF members often assume the provident fund rate…
As India celebrates Independence Day, experts emphasise the importance of regularly reviewing mutual fund holdings, discerning temporary underperformance from structural issues, and avoiding behavioural biases that can impair long-term returns. India’s Independence Day is often a moment for reflection, and…
India’s central bank may hold fire on rate changes as sluggish growth, inflation risks, and geopolitical uncertainties prompt a cautious economic outlook, suggests Crisil’s latest forecast. India’s central bank may keep room open for rate changes at its next policy…
The Comptroller and Auditor General’s report uncovers widespread GST rule violations in the works contract and construction industry, highlighting significant revenue losses and systemic weaknesses in scrutiny and enforcement. The Comptroller and Auditor General has found 1,334 cases of GST…
The Reserve Bank of India has imposed a Rs59.20 lakh fine on IndusInd Bank for breaches related to deposit interest rates and securitisation, part of a broader enforcement drive targeting several financial institutions for regulatory lapses. The Reserve Bank of…
India’s markets regulator, Sebi, has unveiled a plan to streamline the onboarding process for individual overseas investors, introducing digital verification methods to cut paperwork and attract more foreign capital. India’s markets regulator has proposed letting individual overseas investors complete regulatory…
Enhanced SIP calculators now allow for realistic scenario testing, including step-up contributions, aiding investors in strategic long-term financial planning amid market uncertainties. A systematic investment plan, or SIP, lets investors put a fixed sum into a mutual fund at regular…
The Reserve Bank of India has levied Rs 59.20 lakh in penalties on IndusInd Bank for breaches related to deposit interests and securitisation, while also penalising three NBFCs for separate regulatory shortcomings, spotlighting ongoing enforcement actions in financial regulation. The…
Delays in income tax refunds are often caused by common issues such as unverified returns, mismatched data, or incorrect bank details. Taxpayers can speed up the process by checking verification status and correcting discrepancies promptly. If your income tax refund…
India’s Reserve Bank is reviewing its interest-rate framework to promote transparency and fairness in lending, particularly for small loans and microfinance, amid mounting concerns over uneven practices and opaque charges across financial institutions. India’s central bank is moving towards a…
The Employees’ Provident Fund Organisation’s Mysuru regional office has initiated the Employees’ Enrolment Campaign 2026 to include more workers into India’s retirement savings system, offering a compliance relief window until October 2026. The Employees’ Provident Fund Organisation’s regional office in…
