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RBI sets rules for banks on unclaimed deposits
The Reserve Bank on Monday came out with comprehensive guidelines on unclaimed deposits under which banks will be required to undertake special drives periodically to find out the whereabouts of customers with such accounts. The revised instructions, to come into effect from April 1, are expected to complement the ongoing efforts and initiatives taken by […]
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Telecos to warn customers about criminals posing as TRAI reps
With fraudsters preying on the unsuspecting common man by posing as employees of the Telecom Regulatory Authority of India (Trai) and stealing their confidential data defraud them of their money, the regulator has directed telecom companies to caution subscribers, The Economic Times has said in a report. Fraudsters are not only sending messages, but also […]
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Passenger vehicles have a bumper ride in 2023
Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, which accounted for almost half of the total dispatches from manufacturers to dealers. The record sales have been achieved despite an increase in the average price of vehicles […]
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Old or new, which tax regime suits you?
There has been a lot of debate on the old and new tax regime. Recently, a survey by online insurance platform, Policy Bazaar said 63 percent of the people paying income tax want to continue with the old tax regime while 37 percent want to remain with the new tax regime. People from 350 cities, totalling 1,263, took part in the survey. […]
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Cheaper cars set to face brunt of demand cut after price hike
The price hike is in the range of 1-3 percent. It may vary slightly for different models, starting from a few thousand rupees and significantly higher for premium cars.
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You can junk your ITR and file new one!
The Income Tax Department introduces various tools and features from time to time to make the process of ITR filing convenient for taxpayers. Recently, the department had brought in a new feature. It is called ‘Discard Return.’ So What is ‘Discard Return,’ and how does it work? What benefits you get if you avail of the […]
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Power of Habits
Journey, no matter how long or short, always starts with the first step. As we enter the new year, the first day of the year also happens to be a Monday. If we want to start something new, what better day to start the life you want to live! While the first step is the […]
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Will Pharma Sector Get its Mojo Back?
Despite this challenging macro environment, we remain optimistic about the growth outlook of the Indian pharmaceutical companies
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The Road towards Millionaires’ Paycheques in the Stock Market
The one who aims to be a millionaire from the stock market plans their trade and investments wisely
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Planning for Financial Milestones in the New Year
While planning financial milestones for 2024, think of a 'personal financial pyramid', with each level as a milestone as under
