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Interest

Earn Interest Without Investment After 15-Year Lock-In!

Earn Interest Without Investment After 15-Year Lock-In!

Tue, Oct 22, 2024

If you’re looking for a safe way to invest and grow your money over time, the Public Provident Fund (PPF) is a great choice. You can contribute between ₹500 and ₹1.5 lakh each year, so it’s flexible based on what you can afford. The PPF matures in 15 years and currently offers an interest rate of 7.1%. Besides the good interest rate, the PPF also gives you tax benefits in three ways: on the money you invest, on the interest you earn, and when you withdraw it at maturity. These features make it popular among investors.

Capital SFB: Where did the asset quality improve in Q1?

Capital SFB: Where did the asset quality improve in Q1?

Mon, Sep 02, 2024

Capital SFB: Interest income increased by 15% to ₹99 crore in Q1. Where did the asset quality improve in Q1? What will be the asset quality going forward? What is the plan regarding capacity expansion? Watch Anil Singhvi's conversation with Sarvjit Singh Samra, MD & CEO, Capital SFB.

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall

Thu, Jun 20, 2024

The Bank of England on Thursday kept its main interest rate at a 16-year high of 5.25 per cent, even though inflation has fallen to its target of 2 per cent.

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India360: Were 5.2 crore new jobs created in the last 4 years?

India360: Were 5.2 crore new jobs created in the last 4 years?

Wed, Sep 13, 2023

Jobs Vacancies: 5.2 crore formal jobs have been created in the last four years. 47 percent of these people got a job for the first time

Money Guru: How to strengthen financial bonds?

Money Guru: How to strengthen financial bonds?

Wed, Aug 30, 2023

Investments: Protect your portfolio from losses on Rakshabandhan. For this, know what things you should keep in mind while making a portfolio.

Property Tax Interest Payment: Waiver! Big decision by Haryana government - All you need to know

Property Tax Interest Payment: Waiver! Big decision by Haryana government - All you need to know

Tue, Dec 13, 2022

The government had decided to mark the parking areas at crowded places in the cities.

Housing sales up 49% in Jul-Sep across 8 major cities: PropTiger

Housing sales up 49% in Jul-Sep across 8 major cities: PropTiger

Thu, Sep 29, 2022

Housing sales in Chennai fell to 4,420 units from 4,670 units.

What Are Bonds and How Do They Work?

What Are Bonds and How Do They Work?

Sun, Apr 03, 2022

Government bonds are used as a way to raise capital by the government. The government borrows money through bonds to bridge the gap between its earnings and expenditure. This loan is then returned after a stipulated time. But how do these bonds work? Here is all you need to know.

Homebuyers can now seek full refund with 10% interest if flats get delayed beyond 1 year

Homebuyers can now seek full refund with 10% interest if flats get delayed beyond 1 year

Fri, May 17, 2019

Homebuyers can now seek a full refund from builders with 10% interest if the possession of their flats is delayed beyond one year, the National Consumer Disputes Redressal Commission (NCDRC) has ruled.

LIC earns total investment income of Rs 1.80 lakh crore in FY17

LIC earns total investment income of Rs 1.80 lakh crore in FY17

Sun, May 21, 2017

LIC has earned a total investment income of Rs 1,80,117 crore in FY17 through investment in government bonds and state development loans, interest, corporate bond interest, dividend income and profits on sale of equity.

Have complied with order, deposited interest: Unitech to SC

Have complied with order, deposited interest: Unitech to SC

Tue, May 09, 2017

Have complied with order, deposited interest: Unitech to SC. Watch the full segment for more details.

Demonetisation: United Bank of India sees credit growth at 7-8% by end of FY17

Demonetisation: United Bank of India sees credit growth at 7-8% by end of FY17

Mon, Jan 16, 2017

Credit growth of United Bank of India (UBI) at the end of financial year 2016-17 (FY17) will be as low as 7-8% due to demonetisation impact, its MD and CEO P Bajaj said.

Companies must drop retro tax cases to avail settlement scheme: CBDT

Companies must drop retro tax cases to avail settlement scheme: CBDT

Sun, Dec 25, 2016

Vodafone, Cairn Energy and other firms facing retrospective tax demand will have to withdraw legal cases and give up the right to contest constitutional validity of back-dated amendment to Income Tax (I-T) laws if they want to avail of the dispute resolution scheme ending on December 31.

Govt to issue notification on interest of 8.8% on 'inoperative' PF accounts

Govt to issue notification on interest of 8.8% on 'inoperative' PF accounts

Tue, Nov 01, 2016

The Government of India will soon issue a notification authorising retirement fund body Employees Provident Fund Organisation (EPFO) to pay 8.8% interest to 'inoperative' accounts, said Union Labour Minister Bandaru Dattatreya on Monday.

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