During the month, the Employee Provident Fund Organisation (EPFO) witnessed a net addition of 15.48 lakh members, compared to 16 lakh in January 2024, reflecting a decline of 3.4%.
Category: Personal Finance
Leave Travel Allowance: A Guide to Claiming LTA – Eligibility, Rules, Required Documents, and Beyond
LTA qualifies for tax exemption under the old tax regime as per the Income Tax Act, 1961. According to Section 10(5) of the I-T Act, this allowance does not contribute to an employee’s net income for the fiscal year.
How to Buy Direct Mutual Funds Online in India
How to Invest in Direct Mutual Funds Online There are two modes available for investing in direct mutual funds in India: Online and Offline. The […]
65 pc surge in 1 year! Massive 606 pc returns in 10 years – Do you own THIS infra mutual fund?
Mirroring the overall bullishness in the equity market, the ICICI Prudential Infrastructure Fund – Direct Plan – Growth, an infrastructure mutual fund, has delivered a […]
DA Hike: Central Govt Staff’s 4% Salary Raise on the Horizon – Here’s What You Need to Know!
DA Hike 7th pay commission: Good news for central government employees! The government is expected to hike dearness allowance (DA) for staff in service and […]
Vasant Panchami: 5 Powerful Money Lessons on Saraswati Puja
Vasant Panchami: Unlock the wealth of wisdom this Vasant Panchami as we delve into Saraswati Puja’s profound teachings on prosperity. Join us on a journey […]
EPFO interest rate: 8.25 pc interest rate on employees’ provident fund for FY24
EPFO interest rate: The Employees’ Provident Fund Organisation (EPFO) has fixed 8.25 percent interest rate on employees’ provident fund for FY 2023-24, as per PTI […]
RBI Monetary Policy: Repo Rate Unchanged, Yet Positive News for Home Loan Borrowers
RBI Policy: The Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, opted for a status quo in its monetary policy. […]
RBI Monetary Policy 2024: Reserve Bank keeps repo rate unchanged for 6th time in a row
The Reserve Bank of India’s Monetary Policy Committee (MPC) announced its decision to maintain the repo rate for the sixth consecutive time on Thursday, February 8. The committee’s steadfast stance, following three days of deliberations, underscores its commitment to stability amidst current economic conditions.
Budget 2024: Details on tax slabs! PM Modi said ‘budget for building the country’
Budget 2024: Finance Minister Nirmala Sitharaman presented the last budget of the current Modi government today. The FM’s speech lasted for 58 minutes. This was […]