Page 15 - Ayush Mishra

Groww MF launches first-ever ETF tracking Indian railways PSU Index

This ETF replicates the Nifty India Railways PSU Index-TRI, featuring PSUs vital to the railways sector, covering infrastructure, financial services, logistics, and technology

NPCI clarifies misconceptions about Jumped Deposit scam, no fraud reported

NPCI clarified that simply opening a UPI or bank app does not approve transactions. Users must explicitly authorise payments by entering their UPI PIN for processing

Federal Bank hikes FD rate to 8%, adds special tenure with high interest

Bank has added a new tenure of 444 days, offering the highest interest rate of 7.50% for general citizens

IDBI Bank unveils Chiranjeevi Super Senior Citizen FD, offers 8.5% interest

This scheme offers an additional 65 basis points (bps) over the bank's standard fixed deposit rates and 15 basis points (bps) over the senior citizen rates

Budget 2025: EY, industry seek tax relief, housing, and compliance reforms

EY India also advocates for extending the ESOPs tax deferral benefit to all employers and permitting tax payment at the stage of sale

Resolve insurance disputes efficiently with Bima Bharosa & ombudsman

If the grievance system misses resolution deadlines, don't hesitate to follow up frequently. Consistent follow-ups ensure your issue remains a priority and that delays are addressed

Link Aadhaar and activate UAN by January 15 to secure your EPFO benefits

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

Budget 2025: Key industry expectations from tax cuts to reforms

A key expectation is the introduction of higher income tax exemptions to boost disposable income for middle-income households

GSTN launches online rectification for pending ITC claims from 2017-2021

Once processed by the tax department, this rectification application will release the pending input tax credits from previous years and adjust the GST order to reflect a nil demand

Nippon Life launches its first fund from GIFT City for global investors

The firm aims to be the partner of choice for global investors seeking exposure to India and for Indian investors looking for global solutions

Aadhaar-based e-KYC for savings accounts in post offices is now possible

Until the full system enhancements are implemented, customers' consent for e-KYC and specimen signatures will be collected using physical forms

Kerala GST taxpayers get relief from multiple show-cause notices

Taxpayers who have been issued multiple notices for the same GST issue, albeit for different periods or jurisdictions, stand to benefit the most from this move

High penalties for cash transactions: Know I-T dept's key restrictions

The brochure advises taxpayers to refrain from using cash for daily transactions, particularly those involving significant amounts

Drive home your dream car: Find hidden deals & best loan rates by banks

Processing fees and rules of top lenders listed to help you make a decision

HDFC Bank hikes fixed deposit rates to 7.9% from 7.75%

The bank offers fixed deposits (FDs) with tenures ranging from 7 days to 10 years, featuring annual interest rates between 3 per cent and 7.90 per cent

Budget 2025: Why MF industry's top wish is tax relief for debt funds

The industry seeks a 12.5 tax rate on long-term capital gains (LTCG) for redeeming debt mutual fund units held over a year, aligning it with the rate applicable to listed bonds

Mirae Asset launches smallcap fund, targets India's high-growth segment

The scheme will invest in quality stocks that show sustainable high earnings growth, high capital efficiency, good corporate governance and have low or negligible leverage

Pre-policy medical tests: Key to transparent coverage & avoiding rejections

Insurers often offer reduced premiums for applicants who pass their medical tests without any significant health concerns. This can lead to substantial savings over time

Israel launches e-visa for Indian travellers: How to apply & required docs

The e-visa platform is integrated with Israel's Entry Travel Authorization (ETA) system, ensuring efficient processing and prompt approvals

Income Tax dept updates ITR Forms 2 and 3 for claiming 87A tax rebate

It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so by filing a revised or belated income tax return (ITR)