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Caught in a debt spiral? Seek help from credit counsellors
There are no RBI regulations governing such entities. In other words, these platforms operate in a grey zone, regulation wise.
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Why Term Plans with return on premiums are not what your financial health needs
It is well known that term plans have the cheapest premium payable. In contrast, premiums payable under a TROP are twice or thrice of this figure.
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Facing a short-term cash crunch? Your Mutual Fund units can help
While you need not liquidate your mutual fund units to get this loan, you pledge some units with the lender. And then, you are charged interest only on the amount you utilize.
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Play online, and you might end up paying 28% more than once
Even with relatively higher winning rates, the winning pool over continuous games would boil down to nothing. This could prove catastrophic for the 400 million+ online gamers in the country.
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No dream homes of 40% Indians
Right now, 1.6 billion individuals across the globe do not have access to housing, a number which is set to grow to 2 billion in the next 7 years.
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Will gaming cos survive GST burden?
Already, over 100 online gaming companies and a few federations have written to the government, asking them to urgently reconsider the 28% GST levy on the full value deposited with these platforms
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Greater need to include urban poor in NPS: PFRDA chief
As per PFRDA data dated 15th July, around 83.18% of enrolments under APY happened in the Rs 1,000 segment, which is the lowest slab. Only 10.62% of subscribers joined the highest slab i.e. Rs 5,000.
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India leads the global IPO bandwagon
India’s IPO pipeline currently has around 44 issues that aim to raise around Rs 49,000 crores. Additionally, 26 more companies are awaiting SEBI approval.
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SGBs shine brightest in June. Should you invest?
June 2023 recorded gold purchase worth 7.769 tonnes, which far surpasses the average subscription of the 64 series before it, which stood at 1.72 tonnes.
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Online gaming or social evil? It’s advantage govt
Post this levy, the government aims to add Rs 20,000 crore to its coffers. Last year, Indian online gaming companies only paid 2-3% GST.
