BANKING UPDATES
Deposit Insurance Limit May Rise to ₹7.5 Lakh
Millions of bank customers may soon get extra protection for their savings. The central government is reportedly considering increasing the…
WALLET & PAYMENTS
EPF UPDATES
Premature EPFO Pension Withdrawal (Complete Process Explained)
Many EPF subscribers are unaware that they can claim certain pension-related benefits before retirement under…
EPFO launches Service History to Check Old PF Records
Changing jobs has become common, but every new job can create a new PF Member…
PAN CARD GUIDES
PAN Card Required for Purchases above ₹2 lakh
From smartphones and laptops to gold and property, large purchases have become common these days. However, if you're making a…
SBI UPDATES
NET BANKING
Paytm launches UPI Lite Auto Top-Up Feature
In India, most people now use UPI for payments. To make this…
Banks Reduce UPI Limits Over Suspicious Transactions
With cyber fraud and suspicious online transactions increasing in India, banks and…
GST & TAX
Income Tax Clarifies Notices on Transaction Mismatch
Recently, many taxpayers received emails and SMS alerts about high-value transactions that seemed to mismatch their Income Tax Return (ITR) disclosures. Some were concerned that…
Loans from THESE Banks are Now More Expensive in December
Several big banks in India have recently updated their Marginal Cost of Lending Rates (MCLR). While some banks have increased…
GST on Mobile Phones Could Drop to 5%
Buying a new smartphone could become cheaper if the government decides to…
New TDS Exemption for Senior Citizens
With the beginning of the new financial year (FY2025-26) on April 1,…
GST Registration Now Needs Biometric Aadhaar Verification
GST registration will now require biometric Aadhaar authentication after the Delhi High…
Old Tax Regime Users Get ₹50 Meal Voucher Benefit Only
As the ITR filing season begins, many salaried employees are confused about…
Finance Minister’s Relief to Middle Class in Budget 2024-25
On July 23, 2024, Finance Minister Nirmala Sitharaman announced a significant relief…
Phone GST Cut from 18% to 5% Sought by Mobile Makers
Phone GST cut from 18% to 5% is being sought by India’s…
18% GST Now applies to All used Cars and Electric Vehicles
The GST Council announced on December 21 that an 18% GST will…
GST Council Defers Decision on Insurance Tax Rate
The GST Council, in its 55th meeting held on Saturday, decided to…