House Price Index (HPI) indicates the fall and rise in house prices across India. This rate at which the index is rising, has been showing a decline for a few quarters now. With interest rates also going down, this might be the right time to go for your dream house.
The rollback of the controversial EPF tax was met with a collective sigh of relief by the masses. However, the finance ministry has approved an 8.7% interest on EPF, contrary to the proposed interest rate of 8.8% by the EPFO’s Central Board of Trustees . Read on for the details.
You can now withdraw from your Employee Provident Fund (EPF) for housing and health purposes without restrictions. Also, the new rules on withdrawing the entire EPF amount will be applicable only from 1st August 2016.
Data from the General Insurance Council shows that insurance premium collection has gone up, especially for Motor and Health Insurance. It is evident that people are becoming increasingly aware of the importance of these policies.
Want to know about Income Tax Returns Acknowledgements or the difference between Form 16 and 16A? We have instant answers for you. Just click on the play button and you’ll know it all in less than 2 minutes. Faster than it takes to make Maggie!
After the Marginal Cost-Based Lending Rate (MCLR) was introduced, transmission of rate cuts by banks seems to have picked up. Axis Bank became the first to cut lending rates. Others are likely to follow and lower loan rates might soon be within the reach of many.
Facebook has revolutionised fund transfers by introducing a money transfer option in its messenger service. This feature is already present in the US and is expected to be rolled out in India soon. However, Debit Cards are needed to use this service.
Haven’t we all cursed the painful task of collating documents when applying for a Credit Card, a loan or a Government Identification card? But, what if you could use your Aadhaar Card to make these transactions paperless?
If Mutual Funds are your preferred choice of investment, we’ve got some good news for you! BankBazaar is gearing up to launch wide-ranging offerings on Mutual Funds. Stay tuned!
The “Stand Up India” initiative takes forward the Modi government’s plans to rev up digitalization and promote welfare of women and marginalized communities. The incentive behind the plan is to unlock more jobs for people and nurture a culture of entrepreneurship.