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Finance Minister Nirmala Sitharaman says UPI MDR is not a government charge and should not be passed on to consumers.
Whirlpool of India shares surged over 12% after the company clarified reports that its promoter is exploring a further stake sale.
A Rs 1 lakh credit card EMI can cost more than the purchase price, while early closure may save interest but attract foreclosure charges and GST.
A Level 8 employee with Rs 47,600 basic pay could see gross salary estimates range from about Rs 1.18 lakh to Rs 1.52 lakh.
A Rs 10,000 monthly investment for five years totals Rs 6 lakh, but the final corpus varies sharply with assumed returns and risk.
PB Fintech plans lower marketing costs, higher volumes and expense rationalisation as it assesses proposed IRDAI insurance distribution changes.
Credit card spending grew 5.9% year-on-year in August, while HSBC and Jefferies flagged subdued growth and rising competition.
Two home loans do not mean double tax benefits. Here is how home-loan interest, principal repayment and property status affect deductions.
NPCI chief Dilip Asbe said only about 10% of UPI transaction value could risk consumer charges, with large businesses absorbing most MDR costs.
The EPF wage ceiling has risen to Rs 25,000 from Rs 15,000. Here is how the change could affect retirement savings over 10 years.
Leaving Rs 500 unpaid on a Rs 20,000 credit card bill can trigger interest and affect the interest-free period for new purchases.
A life insurance claim settlement ratio sitting at 98% or 99% looks reassuring the moment you glance at it. Dig one layer deeper, though, and that number stops telling the whole story, especially if you’re the one holding a 1 crore term insurance policy.
Petrol and diesel prices remain largely unchanged on September 22, with Bengaluru petrol at Rs 110.93 and diesel at Rs 98.80 per litre.
Finance Minister Nirmala Sitharaman says UPI MDR is neither tax nor cess, with most transactions continuing to remain free.
NRIs can transfer eligible NRO funds to NRE accounts within a USD 1 million annual limit, subject to tax compliance and documentation.
The use of a fixed deposit calculator assists investors in analyzing both cumulative and non-cumulative earnings beforehand. Such a calculator estimates the final payoff amount or the accrued interest based on the deposit amount, tenure, interest rate, and frequency of payouts.
The EPFO wage ceiling has risen from Rs 15,000 to Rs 25,000, potentially increasing PF deductions by Rs 1,200 a month for some employees.
A Rs 10 lakh corpus invested at 30 could grow to around Rs 3 crore by 60 at 12%, versus Rs 96.46 lakh if invested at 40.
Senior citizens can earn up to 8.5% on select FDs in September, with ESAF and Suryoday offering the highest rates on specific tenures.
Centre and states discussed financing India’s Viksit Bharat vision, focusing on private capital, agriculture, infrastructure and the energy transition.