Finance

STRAP City property registrations have consistently remained above 10,000, significantly higher than pre-pandemic levels

Multicap Momentum Quality Index Pension Fund will invest in companies that align with the Multicap Momentum Quality 50 Index

Farmers who have not completed e-KYC, lack land verification, or have not linked their Aadhaar with their bank accounts may encounter challenges in receiving the latest installment of the scheme

Tax deductions are typically available based on each co-borrower's ownership share in the property and their individual contributions toward loan repayment

Frequent overdrafts that remain maxed out can negatively affect your credit score

Maximum interest rate of 7.75% for general and 8.25% for senior citizens applicable to tenures ranging from one year five months to just under one year six months

Interest rates for various loan products are effective from February 10

It allows policyholders to block funds in bank accounts via UPI, ensuring a smoother transaction process without immediate debits

Annuity payment can be done yearly, half-yearly, quarterly and monthly, says company

Process will apply only to bulk transaction uploads and not to those done by individuals

Benchmark for both schemes is domestic price of physical gold; NFO open till February 24

Parliament Budget Session highlights: Catch all the major updates from the ongoing Budget session of the Parliament

A subscriber can prematurely withdraw your sovereign gold bond investment once it completes the fifth year

It is mandatory to seed your Aadhaar with your bank account to avail the benefits of the Employment Linked Incentive (ELI) Scheme

Banks are rolling out special deals on shopping, dining, travel, and gadgets, making Valentine's celebrations more affordable with cashback, discounts, and exclusive perks

NaBFID Managing Director and Chief Executive Officer Rajkiran Rai G has said it is planning to raise Rs 30,000 crore during the ongoing quarter for funding infrastructure projects in the country. "We were expected to touch Rs 1 lakh crore of (loan) sanction this year (FY25)... we are very close to that, and we will be crossing that target this year," he told PTI in an interview. On the disbursement side, he said, "We are expected to disburse about Rs 60,000 crore this financial year. That target seems a bit challenging because of documentation and other processing." In the infrastructure segment, there is always a gap between sanction and disbursement. National Bank for Financing Infrastructure and Development (NaBFID) raised about Rs 5,000 crore via a 15-year paper. "We are continuously raising money, but it will be linked to disbursements. We may raise up to Rs 30,000 crore this quarter, depending on the requirement," he said. NaBFID, set up in 2021, is a specialised developmen

As many as 1.749 million applications were received by July 11, 2023. In a final extension, employers were given a last opportunity to forward applications for pensions on higher wages by January 31

Individuals earning up to Rs 12,00,000 per annum exempted from income tax; salaried taxpayers get additional Rs 75,000 standard deduction

Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will now be subject to long-term capital gains (LTCG) tax at a rate of 12.5%, effective from April 1, 2026

Virtual Digital Assets (VDAs) are now classified as undisclosed income. So if unreported crypto gains are detected, tax authorities can levy a 60% tax along with a hefty 50% penalty on the tax amount