Last updated – Feb 1st, 2022 Banks deduct tax on the fixed deposit interest as per the income tax act regulations. Let’s check everything about TDS on bank interest including fixed deposits and savings accounts in the article. TDS on FD Interest What is TDS On FD Interest earned on fixed deposit (FD) is fully …
TDS on Bank Interest 2022: Tax Deduct at Source on Fixed Deposit Read More »
Last updated – Feb 02, 2022 Pradhan Mantri MUDRA Yojana (PMMY) is a government initiative to facilitate the non-corporate, non-farm small or micro-enterprises with easy loan facilities. You can apply with commercial banks, RRBs, small finance banks, MFIs, and NBFCs for the MUDRA loan in India. Main benefits of PM MUDRA Yojana No collateral security …
Mudra Loan Interest Rate 2022 – All Banks Interest Rates Read More »
Updated on 1st Mar 2022 Evolving economic conditions are forcing the central bank to cut repo and reverse repo rates to enable easy lending. Banks are cutting lending rates, but reducing the interest rates on deposits as well. The trend of declining interest rates isn’t new, banks reduced interest rates in the range of 1.25% …
Updated: Jan 23, 2022 If you are filing your income tax return, you have to verify it in the final step. If you don’t verify your return, it will not be considered valid as per laws. You get 120 days to verify your return, once you have uploaded your ITR on the e-filing website. There …
Updated on – 28 Jan 2022 “Banking at the doorstep” this phrase became reality in the year 2015 with the start of Payment Banks in India. Bharti Airtel was the first company to start a live payment bank in India. It is called Airtel Payments bank. Let’s dive deep to know everything about Payment Banks …
Updated on 22 Jan 2022 You have to pay Stamp Duty and Registration Charges while buying a house. You pay stamp duty charges to government to get the property registered in your name. Since stamp duty can be as high as 8% of the property value (varies from state to state), it adds up to …
How to Claim Tax Exemption on Stamp Duty and Registration Charges u/s 80C Read More »
Updated: Jan 24, 2022 Banks offer different interest rates on different savings schemes. Interest in the invested money is calculated differently for different schemes. For instance interest on Fixed Deposits is compounded quarterly while interest on Provident Fund is calculated on a monthly basis. Let’s dive into the details of interest calculation by banks on …
Updated on 2nd Feb 2022 Banking exams are the most popular competitive examinations of the country. IBPS PO, IBPS Clerk, IBPS RRB exams, SBI PO, RBI and many such exams feature a combined audience in millions. With such a huge mob of candidates appearing in the exam, you need to have some extra smartness, in …
Best Apps for Bank Exam Preparation on Google Play Store in India 2022 Read More »
Updated on: 17 Jan 2022 I opened my first sweep account in SBI back in 2017. You won’t believe that I had to wait for 3 months for this approval. Reason? Because my bank account was in the State Bank of Patiala. I made a request for the auto sweep in April but due to …
Sweep Account- Hidden Secret to Earn Higher Interest On Your Saving Read More »
Updated on 4 May 2022 Without wasting time let’s go deep into the top best insurance companies in India. I have curated a list of 13 top companies. Best Life Insurance Companies in India 2022 #1. Life Insurance Corporation LIC is the only public life insurance company. It is one of the best life insurance …
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