Technodealz - Technology Updates & News

  NSC is a fixed-income investment programme that may be opened at any post office branch. The Government of India launched this programme to encourage subscribers, primarily small to mid-income people, to invest. NSC: Deposit Rs 15 Lakh for 5 years in this post office scheme to get Rs 21.73 lakh return Indian Post provides several investment schemes to meet the diversified demands of its investors. All post office savings plans guarantee returns since they are sponsored by the Government of India. Furthermore, the majority of post office investment programmes are tax-exempt under Section 80C. One such popular schemes is National Savings Certificate (NSC). This is a fixed-income investment programme that may be opened at any post office branch. The Government of India launched this programme to encourage subscribers, primarily small to mid-income people, to invest. More details on the NSC scheme: Interest rate:  7.7 per cent Minimum investment:  Rs 1,000 Maximum investmen...

  Fixed deposits are a safe investment option with consistent interest rates. Here is a comparison of top banks' fixed deposit rates for 2024 As interest rates differ with banks and tenure, before forming a new FD or also renewing an existing one - it is critical to evaluate the most recent fixed deposit rates offered by the country's top banks. Fixed deposits are a safe investment option that will assure a consistent interest rate, and special interest rates for senior citizens. As interest rates differ with banks and tenure, before forming a new FD or also renewing an existing one - it is critical to evaluate the most recent fixed deposit rates offered by the country's top banks. Here is a quick comparison of top banks' fixed deposit rates for 2024 SBI latest FD rates The State Bank of India (SBI) offers an interest rate ranging from 3.5 to 7% on deposits maturing in seven days to ten years to general customers, and 4% to 7.5% to senior citizens. These rates are effec...

  The Mahila Samman Savings Certificate is an initiative designed to promote saving and investment among women and girls. Launched as part of Budget 2023, this scheme offers a one-time opportunity and is accessible for two years, spanning from April 2023 to March 2025. Any Indian woman, irrespective of age, has the opportunity to open an account and invest under the scheme. Additionally, a legal or natural guardian, including male guardians, can open an account for a minor girl child. This presents an excellent opportunity to initiate the  financial journey  for your daughter or any other young girl under your guardianship. Only one account can be opened per woman, inclusive of all accounts initiated on her behalf by guardians. The cumulative deposit across all accounts for a single woman is capped at  ₹ 2 lakhs. Upon reaching the age of 18, the account automatically transitions to the ownership and management of the minor girl. Steps to initiate a Mahila Samman Savi...

  Indian Bank Recruitment 2024: Check Post, Age, Qualification, Salary, Selection Process and How to Apply Indian Bank Recruitment 2024: The Indian Bank is currently looking for qualified and suitable candidates for the position of Consultant for the International Banking Department (Overseas) on a contract basis with a Graduate in any discipline from a University recognized by the Govt. Of India. /Govt. bodies/AICTE etc and CAIIB. The candidate’s lower age limit must be 55 years and the upper age limit must be 62 years under the Indian Bank Recruitment 2024. The applicants will be appointed for a tenure period of 06 months, with the possibility of extension for an additional six months based on the needs and requirements of the Bank following a review after six months have passed. The chosen applicants will receive Negotiable and will not be a limiting factor for deserving candidates under the Indian Bank Recruitment 2024. The applicants need to pay up to Rs.1000 as an application...

  Middle-class taxpayers are expecting an increase in standard deduction to up to Rs 90,000 in the the Interim Budget 2024 which is just around the corner. Currently, the standard deduction limit is set as Rs 50,000 for salaried taxpayers. If this happens it will come as a big relief to salaried taxpayers in the form of income tax concessions. The Finance Minister Nirmala Sitharaman is scheduled to present the interim budget 2024 on February 1. The Income Tax Act offers number of ways through which one can claim deductions and rebates. One such deduction offered to salaried individuals is the standard deduction. Standard deduction is a provision in the Income Tax Act that allows a flat deduction of Rs. 50000 from the total salary earned by the employee in a particular financial year. Salaried taxpayers are now eligible for the standard deduction of Rs. 50,000 under new tax regime from FY 2023-24. Standard deduction was last revised almost five years back in 2019. In ths interim bud...

  Bank Holidays In February 2024: In the month of February, banks will remain closed for a total of 11 days in different zones of the country. Banks will remain closed in Tripura, Orissa and West Bengal on January 14 due to Basant Panchami or Saraswati Puja. Bank Holidays in February 2024:  In the first month of this year i.e. January, there were a total of 16 days of bank holidays in different zones. There are many holidays coming in the next month i.e. February also. There will be a total of 11 days of bank holiday in different zones in February 2024. Actually, nowadays most of the work related to banks is done online. But still there are many tasks like opening a bank account and taking a loan, for which one has to go to the bank branch. If you go to the bank branch without looking at the list of bank holidays, you may be disappointed. Besides, your important work will also stop. In such a situation, know in advance when the bank holidays are. There is a bank holiday on Sun...

  Bank Special Scheme: Deposit 36, 60, 84 or 120 rupees per month and get guaranteed returns sitting at home, know how If you also want to arrange regular income for yourself in old age, then the Annuity Deposit Scheme of State Bank of India can prove to be very helpful for you. Money is considered the stick of old age because in old age, when your body is no longer capable of working, then only money comes in handy. If you have money in your hands then you do not need to depend on others for all your needs. If you also want to arrange regular income for yourself in old age, then the Annuity Deposit Scheme of State Bank of India (SBI Annuity Deposit Scheme) can prove to be very helpful for you. Through this scheme, any person can arrange a fixed income for himself every month. After retirement, this scheme can prove to be very beneficial for the elderly. What is SBI Annuity Deposit Scheme According to the information available on the SBI website, in the SBI Annuity Deposit Scheme, ...

  New income tax vs old income tax slabs: In the budget presented on 1 February 2023, Finance Minister Nirmala Sitharaman had made some changes in the tax slabs. It is expected that in the coming year too, when the full budget is presented, some changes in the income tax slabs are possible. New income tax vs old income tax slabs: Finance Minister Nirmala Sitharaman will present the country’s budget on February 1. But, this is an election year so the budget will be interim. The Finance Minister himself has made it clear that this budget is going to be voted on account. The full budget is not presented in an election year. The new government formed after the election results presents the full budget, which is usually presented after two months of the results. The general public waits for announcements like tax exemption in the budget. In the budget presented on 1 February 2023, Finance Minister Nirmala Sitharaman had made some changes in the tax slabs. It is expected that in the comi...

  The Aadhaar enrolment and update rules have been amended by the  Unique Identification Authority of India  (UIDAI). The UIDAI issued a circular on January 18, 2024 where it notified new forms for Aadhaar enrollment and updates for both residents, non-resident people (NRIs) and foreign nationals. The new regulations have made it simpler to update demographic information in Aadhaar, such as address. How to cancel Aadhaar on attaining the age of 18 As per the rule, an  Aadhaar card holder  on attaining the age of 18 can apply for omission, cancellation of Aadhaar number. The form to be submitted is FORM 9 (New form). This form is a application by Aadhaar number holder for omission/cancellation of Aadhaar Number on attaining the Age of 18 Years. The Central Identities Data Repository (CIDR) can now be updated in two ways: through a website or mobile application, or by visiting an enrolling facility, according to the new regulations. The old 2016 regulations only a...

  Cash Transaction Rules: Income tax keeps an eye on our every transaction. But is there any tax on cash transactions or can Income Tax send a notice? Or how much cash transaction can take place between you and your wife or between father and son? If you also have these questions in your mind, then let us know their answers… If you also transact money between father and son or between husband and wife, then this news is useful for you. Actually, every transaction of ours has an eye on income. In such a situation, a question arises in the minds of many people whether income tax notice can be received even on cash transactions? Let us know how much cash transaction you can do in your family. Income tax sends notice? According to tax experts, if you give money every month for household expenses or give money as a gift, then the wife is not liable for income tax. Both these types of amounts will be considered as the income of the husband. The wife will not receive any notice from the I...

  Bank Holidays 2024 in January: The services at private as well as public banks will remain restricted on most days next week, according to the details shared by the Reserve Bank of India (RBI). Bank Holidays 2024 in January, Bank Holidays next week : The services at private as well as public banks will remain restricted on most days next week, according to the details shared by the Reserve Bank of India (RBI). In the coming week, January 26, Friday, will be the Republic Day holiday. After this, due to Saturday being the fourth Saturday of the month, there will be a holiday in banks across the country, and they will remain closed on Sunday also. Bank Holidays in UP In UP, banks will be closed for 5 days because there will be a holiday there on January 25 on the occasion of Hazrat Ali's birthday. Therefore, whatever work is there, it will have to be completed on January 23 and 24 only. Bank Holidays 2024 in January Bank Holiday on 22 January 2024 in UP Due to the inauguration ...

  Indian Railways: Due to cold in North India, rail travel is being affected. Many trains are getting canceled or delayed. In such a situation, Indian Railways gives the right to full refund to the passengers in case of train delay. If you are also going to travel by railway, then let us know how to get full refund if the train is late? New Delhi.  The network of Indian Railways is quite large. In such a situation, Indian Railways provides many types of facilities to the passengers. At present, due to the cold in North India, air travel along with railways is being affected. Many trains in the country are running late or getting cancelled. In such a situation, Indian Railways gives a special right to the passengers under which they can easily get full refund on the train ticket. Many passengers traveling by train are not aware of this right. Indian Railways refunds the full amount to the passenger if the train is late. Indian Railways has some conditions for this. Come, today ...