Posts

Showing posts from 2023

New rules from January 1, 2024: From SIM Cards to income tax returns (ITRs), heres a list of changes you need to know

Image
  Heres a list of some of key changes set to come into force with effect from the new year, January 1, 2024: As the year 2023 draws to a close, the first month of the New Year is all set to bring a host of significant changes in various rules and regulations impacting the common man, ranting from SIM cards to income tax returns (ITRs). Get  Latest Business News ,  Stock Market  Updates and  Videos ; Check your tax outgo through  Income Tax Calculator  and save money through our  Personal Finance  coverage. Check  Business Breaking News Live  on  Zee Business Twitter  and  Facebook . Subscribe on  YouTube .

Upcoming Bank Exams 2024 Full List, Notification and Calendar

Image
  Upcoming Bank Exams 2024 In this article, we are going to elaborate on the Upcoming Bank Exams 2024 for you. A large number of government job aspirants are looking forward to taking a  bank  exam  shortly , which has  become one of the most sought-after career fields .  Both   fresh   graduates , as well as experienced professionals,   find   the   banking   sector   to   be   a very popular career choice . Several  things have contributed to the increase in demand for bank jobs, such as the  great salary package, job security, perks and allowances, career  advancement ,  and   so   on . Annually, many  banking organizations such as the Institute of Banking Personnel Selection (IBPS),  the  State Bank of India (SBI),  the  Reserve Bank of India (RBI),  and   others  conduct bank  examinations  for  recent  graduates. ...

Bank Holiday in Jan 2024: Bank will remain closed for 14 days in January, See full list here

Image
  Bank Holidays in January: There are a lot of holidays in banks in January. In such a situation, if you have to complete any important work in the next month, then definitely check the list of bank holidays. Bank Holidays in January 2024: The month of December is about to end. The new year will begin in a few days. In such a situation, if you have important bank related work in January, then know that there are plenty of holidays (Bank Holidays in January 2024) in the next month. Bank is an essential financial institution. If there is a holiday in banks for several consecutive days then people’s important work gets stuck. In such a situation, you can plan your work by checking the list of bank holidays in January. Let us know about this. Banks will remain closed for 14 days in January For the convenience of customers, the Reserve Bank of India releases the list of bank holidays in advance. These holidays are for all commercial, private and rural banks. Banks are going to remain cl...

Small Savings Schemes: Govt Likely To Hike Interest Rates For January-March 2024

Image
  Even as the RBI earlier this month kept the interest rates on hold for the fifth in a row, the government is expected to revise upwards interest rates on small savings schemes like PPF, NSC, etc, on such schemes for January-March 2024 at the end of this month — December 29. An expert said that going by the G-Sec yields trend, the interest rates on small savings schemes are likely to be raised. Sunil Sinha, principal economist and senior director (public finance) at India Ratings & Research, said, “Interest rates on small savings schemes like PPF, NSC, etc, are now market-linked and moves in tandem with 10-year G-Sec yield. Therefore, the interest rate paid on these schemes is likely to go up." A senior banker has said the government also monitors the country’s liquidity position and inflation before deciding on the interest rates of small savings schemes. Even as the interest rates on small savings schemes, including PPF, NSC and KVP, are reviewed every quarter, Currently, i...

PPF Investment Formula: Big news! Deposit Rs 1000 every month, Get Rs 5.32 lakh on maturity, know complete scheme

Image
  PPF Investment Formula: Big news! Deposit Rs 1000 every month, Get Rs 5.32 lakh on maturity, know complete scheme PPF Investment Formula: Be it interest or tax free investment or the amount received on maturity. This is an excellent investment tool in every respect. The maturity period is 15 years. But, the formula after 15 years does not make the money grow. You must have heard about the specialty, interest and popularity of Public Provident Fund. This scheme is for any Indian citizen. This is the reason why it was considered the most popular. But, the benefits available in it make it more attractive. Although the banks or post offices themselves explain the benefits of investing in PPF. But, there are many things in it which the investor is often not aware of. Be it interest or tax free investment or the amount received on maturity. This is an excellent investment tool in every respect. The maturity period is 15 years. But, the formula after 15 years does not make the money gro...

New ITR forms: Taxpayers will have to disclose cash receipts, all bank accounts

Image
  New ITR forms: Resident individuals with income up to Rs 50 lakh, deriving earnings from salary, a single house property, other sources (interest), and agricultural income up to Rs 5,000, can file ITR 1, or Sahaj. In this filing, individuals will be required to furnish details of all Indian bank accounts active in the previous financial year, specifying the type of account. Taxpayers will have to furnish details about receipt of cash and all their bank accounts in the country, as per the latest  Income Tax Return  (ITR) notified by the Central Board of Direct Taxes for assessment year 2024-25. ITR 1, or Sahaj, can be filed by a resident individual having income of up to ₹50 lakh and who receives income from salary, one house property, other sources (interest), and agricultural income of up to ₹5,000. They will also have to provide details of the type of bank account.

Driving Licence making rule changed: Central issued new rules regarding driving license, Now no need of driving test to get driving licence, know here details quickly

Image
  Driving Licence Rule: Getting a driving licence has become very easy now. Some rules have been changed by the central government, after which the common man will not need to visit RTO for driving licence. Let us know its complete process. New Delhi: Driving Licence New Rules: There is news of work for the drivers. To get a driving Licence, you no longer need to make rounds of the Regional Transport Office (RTO), stand in long lines. The central government has made the rules for making driving licence very easy. Driving test not required for DL According to the amendments made in the rules for driving Licence, now you will not need to give any kind of driving test by visiting RTO. These rules have been notified by the Union Ministry of Road Transport and Highways, these rules have also come into force. Due to this they are lying in the waiting list of RTO for driving licence, there will be a big relief. Must go to driving school and take training According to the information given...

Bank Holidays Next Week: Banks Will Remain Closed For 5 Days Next Week, Check Details Here

Image
  Banks will remain closed for as many as five days across various states in India next week. On December 25, banks will remain closed on account of the Christmas festival. In India, banks remain closed on Sundays and the second and fourth Saturdays of each month. Notably, state holidays are not the same across all the states in India except for national holidays. Based on regional holidays, different states have different bank holidays apart from the gazetted holidays. All bank holidays have been divided into three separate categories: Holiday under the Negotiable Instruments Act, Holiday under the Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. Since banks will be closed for five days next week, it is very important to complete all your financial tasks beforehand so that you do not face any inconvenience at the last moment. Christmas state-wise bank holiday list: December 25 (Monday)- (Christmas)- Banks will remain closed in all ...

SBI FD Scheme: Rs 10 lakh will become Rs 20 lakh without any market risk; know how

Image
  State Bank of India gives 3 per cent to 6.5 per cent annual interest to regular customers and 3.5 per cent to 7.5 per cent to senior citizens on fixed deposits (FDs) of different maturities. SBI FD Scheme:  The risk of investing in the stock market is always high. Not every investor has the ability to take market risks. In such a situation, a strong and evergreen option for safe and fixed income for them is Bank Fixed Deposits (Bank FDs). A major feature of this deposit scheme is that senior citizens get more interest than regular customers on schemes of different maturities.

Passport Application: Important changes in Passport application process, now verification can be done from here; Know the complete process

Image
  An important change has been made in the process of making passport, which is going to be implemented from today i.e. 5th August. Under this, verification can be done through DigiLocker. Passport Verification Process:  A major change has been made in the passport application process for international travel. Applicants will now have to use the government platform DigiLocker to apply for a new passport. All documents have to be uploaded using DigiLocker. Once the documents are uploaded, applicants can make their passport application online through the official website passportindia.gov.in. No need to carry a copy of the document Information has been given by the Ministry of External Affairs that if the applicants use DigiLocker to upload their documents, then they will not be required to carry hard copies of any document during the application process. This step will also reduce the processing time and is expected to increase the quality of the passport application process. W...

Post Office RD: Deposit Rs 5,000 in post office RD scheme, will get profits of 2.5 lakh on maturity, invest like this

Image
  Post Office RD : You can easily make a fund worth lakhs by investing this money in the Post Office also. The interest on Post Office RD has increased from 1st. Post Office Scheme: If you also want to save Rs 5000 every month, but now there is confusion as to where to invest the money, then now you need to take no tension at all. You can easily create a fund worth lakhs by investing this money in the post office also. The interest on Post Office RD has increased from 1st. The interest rates of Small Savings Scheme have been increased by the government. Let us tell you how much benefit you will get if you invest Rs 5000 every month in Post Office RD? You can start even with Rs 100 By the way, you can start investing in Post Office RD (PORD) with even Rs 100. Apart from this, there is no maximum limit in RD. You can increase your investment in multiples of Rs 10. There will be a profit of Rs 56,830 after 5 years For example, suppose you invest Rs 5000 every month in the post office,...