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NPS Withdrawal Online: Rules, Process, Taxation & Exceptions
Savings Scheme 9 min read

NPS Withdrawal Online: Rules, Process, Taxation & Exceptions

The Rule If you are an NPS subscriber, you may, under certain conditions, withdraw your NPS corpus either prematurely or maturely. Additionally, in  an emergency, you may also opt for premature withdrawal of a portion of your funds. According to the corpus, age, and other variables, there are also matching withdrawal limits. The rules for ... NPS Withdrawal Online: Rules, Process, Taxation & Exceptions

Understand Exempt-Exempt-Exempt (EEE) In Income Tax In India
Savings Scheme 4 min read
Understand Exempt-Exempt-Exempt (EEE) In Income Tax In India

What is EEE in Income Tax? The income tax department of India has given EEE tax benefits to investments such as PPF, EPF, ULIP, etc. EEE stands for Exempt-Exempt-Exempt. It means the investor will get the tax benefit at the time of contribution, return on investment, and withdrawal time.  There are three times when taxes ... Understand Exempt-Exempt-Exempt (EEE) In Income Tax In India

Electoral Bonds: Meaning, Price, and Eligibility
Bond Market 8 min read
Electoral Bonds: Meaning, Price, and Eligibility

The Indian government introduced the concept of electoral bond schemes to make the political funding system transparent in India. These Bonds are bearer banking bonds used to fund the eligible political parties in India. The idea is to reduce the influence of black money.In this blog, we will learn about electoral bonds, their meaning, how ... Electoral Bonds: Meaning, Price, and Eligibility

Interim Budget: How Is It Different From a Union Budget
General Finance 4 min read
Interim Budget: How Is It Different From a Union Budget

Every year, the finance minister on February 1 presents the budget for the next financial year and gives a structure of the receipt and expenditure of the government for the upcoming fiscal year.  However, in certain years, the government presents an interim budget instead of a full one. There are specific reasons for the same. ... Interim Budget: How Is It Different From a Union Budget

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Fixed Income

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How are SFBs Offering Higher FD Interest Rates Than Larger Commercial Banks?
Fixed Income 4 min read
How are SFBs Offering Higher FD Interest Rates Than Larger Commercial Banks?

Small Finance Banks (SFBs) have gained popularity among retail investors for FD investments due to their rising interest rates. If you compare the interest rates offered by small finance banks to large commercial banks, you will find that SFBs offer 1-2% higher interest than large commercial banks. SFBs need a more extensive customer base of ... How are SFBs Offering Higher FD Interest Rates Than Larger Commercial Banks?

FD Withdrawal Rules Amended: You Can Now Prematurely Withdraw Upto Rs 1 Cr
Fixed Income 3 min read
FD Withdrawal Rules Amended: You Can Now Prematurely Withdraw Upto Rs 1 Cr

The Reserve Bank of India released a circular on 26th October 2023 stating that all fixed deposits made upto Rs 1 crore can be prematurely withdrawn. This benefit will be available for NRE/NRO term deposits as well. What does this mean? You can withdraw all your fixed deposits up to Rs 1 crore. Before the ... FD Withdrawal Rules Amended: You Can Now Prematurely Withdraw Upto Rs 1 Cr

Aditya Birla Finance Limited NCD Public Issue September 2023 Review
Fixed Income 5 min read
Aditya Birla Finance Limited NCD Public Issue September 2023 Review

Aditya Birla Finance Limited is coming up with a public NCD issuance and have filed the prospectus on SEBI. Let’s understand the profile of Aditya Birla Finance Limited & its group. Issuer Aditya Birla Finance Limited Type of Instrument Secured, Rated, Listed, Redeemable, Non-Convertible Debentures Issue Size Rs. 1,000 Crs (Base Issue) + Rs. 1,000 ... Aditya Birla Finance Limited NCD Public Issue September 2023 Review

Gold Investment

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Sovereign Gold Bond 2023-24: Series 4; Check Price, Issue Dates, and More.
Gold Investment 12 min read
Sovereign Gold Bond 2023-24: Series 4; Check Price, Issue Dates, and More.

The Sovereign Gold Bond tranche 2023-24 new tranches have been announced. The Reserve Bank of India (RBI) has launched the Sovereign Gold Bond Scheme 2023-24 Series 4 issuance. The primary subscription for the SGB 2023-24 series 4 will commence in February. The price is fixed in INR based on the average price of the last ... Sovereign Gold Bond 2023-24: Series 4; Check Price, Issue Dates, and More.

What is Digital Gold Investment?
Gold Investment 7 min read
What is Digital Gold Investment?

In the era of digitalization, the need of the hour is to become tech-savvy. The investment mindset of the people in this era attracts investors to invest in the yellow metal in the digital form. The young generation is looking forward to investing in digital gold that gives high returns. Holding gold in the electronic ... What is Digital Gold Investment?

Should I Invest in SGBs or Digital Gold?
Gold Investment 8 min read
Should I Invest in SGBs or Digital Gold?

Gold in India is considered auspicious, as it is bought on auspicious occasions as an investment. With everything going digital, gold has also entered the e-market, one can buy and sell gold on digital platforms without physically owning it. Sovereign Gold Bonds (SGBs) and Digital gold are for those investors who look for diversification across ... Should I Invest in SGBs or Digital Gold?

Mutual funds

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Restrictions on new investments in international mutual funds and ETFs
Mutual funds 6 min read
Restrictions on new investments in international mutual funds and ETFs

There are so many types of investments available in India, Mutual funds and Exchange Traded funds (ETF) are one of them, where mutual fund houses invest various investors’ money into different stocks and securities in various primary and secondary markets, both domestically and internationally. In this article, we will learn about restrictions placed on new ... Restrictions on new investments in international mutual funds and ETFs

Tax Loss Harvesting for Mutual Funds
Mutual funds 8 min read
Tax Loss Harvesting for Mutual Funds

A mutual fund (MF) is a pool of money managed by a professional fund manager. It collects money from several investors and intends to invest its money into various securities like equity shares, bonds, money market instruments, etc. Before 2018, there was no Long-Term Capital Gain tax (LTCG) on the sale of mutual funds, however, ... Tax Loss Harvesting for Mutual Funds

Can Mutual Funds be Pledged?
Mutual funds 6 min read
Can Mutual Funds be Pledged?

At some stage of life, most of us might have encountered a phase where there was a need for funds for unplanned expenses. While we all have come across credit card loans, personal loans, or new-age products like buy now pay later loans (BNPL) but very few know about loans against mutual Funds. Let’s discuss ... Can Mutual Funds be Pledged?

Retirement plan

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What Is Atal Pension Yojana? Rules, Benefits, and Features
Retirement plan 7 min read
What Is Atal Pension Yojana? Rules, Benefits, and Features

The Atal Pension Yojana, which guarantees a retirement pension after the age of 60 years, was introuduced by the Indian government in the Union Budget 2015-16. Named after former Indian Prime Minister late Atal Bihari Vajpayee, this National Pension Scheme (NPS) focuses on bringing workers in the age group of 18 to 40 years under ... What Is Atal Pension Yojana? Rules, Benefits, and Features

Combining/Consolidating Multiple EPF Accounts through UAN
Retirement plan 7 min read
Combining/Consolidating Multiple EPF Accounts through UAN

Job hoppers often forget to transfer their EPF account to the new organization. However, once the EPF contributions stop after leaving an organization, the balance lying in the account won’t fetch any interest after three years. So, to continue getting the interest and to avail tax and EPS benefits, one should consolidate multiple EPF accounts ... Combining/Consolidating Multiple EPF Accounts through UAN

9 Reasons why Retirement Planning is Important
Retirement plan 6 min read
9 Reasons why Retirement Planning is Important for you

Retirement planning is defined as an early financial preparation that will help you live a stress-free life in your post-retirement journey. It’s evident that everyone has to retire one day, but that does not mean you cannot have life goals after that. Thus, to fulfil these goals and live comfortably post-retirement, retirement planning is essential.  ... 9 Reasons why Retirement Planning is Important for you