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EPFO subscribers will soon be able to withdraw funds via ATMs, enhancing convenience. This change, part of the EPFO 3.0 initiative, is expected to be implemented by the end of May, allowing quick access to provident funds with minimal paperwork.
Quant Mutual Fund founder and CIO Sandeep Tandon says fear around crude, the rupee and FII exits has created opportunity in undervalued pockets of the market, even as investors crowd into consensus trades.
An emergency fund should be easily accessible and low-risk. You will have to allocate your funds such that they can be liquidated for immediate needs while giving optimal returns without compromising safety.
The revised NPS was launched on the lines of the Centre's unified pension scheme (UPS), a default pension scheme rolled out for the new recruits joining central government jobs starting 1 April 2025.
Unable to find work in her field, she accepted the first opportunity that came her way managing Airbnb apartments, which involved cleaning rooms, handling laundry, and responding to guest queries.
The cost-of-living index comparison between India and the United States highlights key differences in housing, healthcare, salaries, and purchasing power. It will help individuals and families make informed decisions on relocation and financial planning.
The Arunachal Pradesh state government on Wednesday announced a 2% hike in dearness allowance component in salaries of serving employees, raising the rate to 60 per cent of basic pay and pension.
I asked ChatGPT to calculate corpus for retirement to vacation location at 55, factoring in inflation, healthcare, and a sustainable withdrawal rate. Here is what artificial intelligence chatbot said
The AIDEF submitted demands to the 8th CPC, including a minimum pay of 69,000, a fitment factor of 3.833, and risk allowances for hazardous jobs. Here's a look at demands from civilian employees with the defence ministry
Secure your future early with EPFO, as EPF, EPS, and EDLI contributions can steadily help in building retirement savings, lifelong pension benefits, and family financial security for salaried employees across the country.
The newly approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 could potentially benefit around 1.1 crore MSME accounts, helping businesses tide over disruptions arising from the ongoing West Asia conflict, according to a report by State Bank of India (SBI).
A fixed deposit of 25 lakh can offer a stable monthly income as many banks give up to 7.75% interest. However, before deciding on any investment product, one should consult a certified financial planner.
The PIB Fact Check unit clarified that a video of Finance Minister Nirmala Sitharaman endorsing an investment platform is fake and was created using AI. It also warned against online investment scams.
While platforms such as Bima Sugam make buying insurance easier, better access doesn't solve the deeper problem: policies are designed for medical crises, not the recurring, ongoing costs of ageing.
A woman from the US, who has been living in Bengaluru, spoke about rental problems in the city. From the hefty security deposit to the annual rent hike, she explained why the same practices would be illegal in her home country.
According to the 15-page election affidavit filed by Vijay ahead of Assembly polls, and archived by the Association of Democratic Reforms (ADR), this is what his investments look like:
Easily recover EPFO PPO number online through simple steps using the EPFO portal to ensure smooth pension payments, uninterrupted benefits and quick access to pension records.
Major tax overhaul streamlines compliance as Income Tax Rules 2026 transform key forms, merging TDS, PAN and AIS systems to simplify filing and improve accuracy nationwide
Retirees are turning skills, hobbies and decades of experience into new income streamsfrom homestays and startups to care homes and social ventures.
A social media user who works at Google shared his monthly expenses, including rent, utility bills, travel costs, groceries and more. Reacting to it, some called it even more expensive than the cost of living in London.
Filing income-tax returns online has become easier, but first-time taxpayers may find it confusing. Income Tax notices can be issued for various reasons, here's what to do if you get one
Retired central govt employees are eligible for individual or family pensions which are adjusted every time the CPC rolls out a DA hike or cut, depending on inflation computation. Here's all you need to know
The 8th Pay Commission will conduct stakeholder meetings in Delhi on 13-14 May to discuss pay and pension reforms. Interested parties can apply through the official portal to take part.
National pension scheme: The NPS Vatsalya Scheme allows children below 18 years to partially withdraw funds from their accounts under certain circumstances. We take a look at the process and how it works
Fixed deposit investment strategies can help retirees and senior citizens generate a safe, predictable monthly income of 50,000 through fixed deposits, small savings schemes, and a balanced portfolio allocation strategy.
I asked ChatGPT to calculate the required financial independence, retire early aka F.I.R.E. number to create retirement corpus with 15 lakh per annum salary at 35. Here is what the artificial intelligence chatbot said
I asked ChatGPT to create a budget that ensures retirement by 55, with enough savings to support myself and my parents, buy a home and build a good retirement corpus. Here is what artificial intelligence chatbot said
West Bengal government employees are closely tracking developments on the 7th Pay Commission. As the new BJP government is set to take charge, heres a look at how its potential implementation could impact salaries, allowances, pensions, and overall benefits.
Car loan interest rate comparison for May 2026 covers leading public and private banks. Check competitive rates, EMI planning, repayment strategies and key factors influencing total borrowing costs and financial decisions.
RBI also laid ground rules for how these seized assets must be handled, including how long the lenders can keep them, and who is banned from buying them back.
With inflation rising and growth forecasts trimmed, investors face a double whammy. Heres how to recalibrate portfolios across debt, equities, real assets and global exposure.
PPF accouont holders can expect 1,54,50,911 maturity amount after 30 years, assuming a flat PPF interest rate of 7.10% throughout this period
RBI informed the Supreme Court that 30 banks are now integrated with the UDGAM portal, allowing legal heirs to search unclaimed deposits online. The PIL highlights the need for greater integration of assets such as post office deposits and insurance. The SC will hear the matter on 19 May.
Savings accounts offer safety but little return. Sweep-in facilities promise FD-level interest without sacrificing liquidity. Heres how they work, what they cost and when they make sense.
AI is reshaping how young Indians budget, save and invest. But while tools are powerful, disciplinenot algorithmswill decide whether Gen Z builds lasting wealth or just spends smarter.
Investors who were looking at gilt funds as a tactical play, expecting yields to normalise in the medium-term, would be better off waiting for fresh triggers to emerge.
The rupee hit a record low on 5 May 2026, amid the United States and Iran conflict. After a weak opening, it fell to 95.43 against the US dollar, making its lowest-ever so far. Here's what an NRI shared about its impact on real estate investments in India.
State Bank of India employees plan a two-day strike on May 25-26, 2026, to demand better working conditions and job security. The All India State Bank of India Staff Federation cites administrative neglect and anti-employee policies as reasons for the protest.
The new Income-Tax Act 2025 replaced the original Tax Deducted at Source forms Form 15G and 15H with a single Form 121, as part of the government's move to streamline and simplify India's tax codes.
Security deposit rules in India, guided by the Model Tenancy Act, 2021, vary by state and dictate how much landlords can collect and under what conditions deductions may occur. Details here.
CA Kaushik believes that ordinary investors should not take advice from influencers who push for 100 crore retirement fund, calling it a mathematical impossibility and math scam. He feels that 2-3 crore or even up to 5 crore are strong, realistic numbers.
ChatGPT recommends planning for global education beyond Harvard. It outlines significant costs for a master's degree, estimating up to 7.22 crore for two years. It suggests diversifying investments and emphasizes the importance of academic preparation and scholarship opportunities.
Buy Now Pay Later (BNPL) is a short-term financing option allowing customers to buy items and pay in installments. Here's all you need to know about how it works, who is eligible and how it impacts your credit score
The rupee fell to a record low against the US dollar on 5 May 2026 due to rising US-Iran tensions and soaring crude oil prices. This could impact India's economy as well as household spending. Details here.
Income tax returns: From salaried individuals overwhelmed by the process to first time ITR filers Here's a checklist of necessary documents, including Form 16, PAN Card, and investment proofs to ensure a smooth proper.
EPF and PPF are key long-term savings instruments in India. While EPF is for salaried employees, PPF is open to all. Both offer tax benefits and fixed interest rates, but differ in eligibility, contributions, and withdrawal rules.
Dearness Allowance is of two types, one which is revised quarterly based on CPI, and the other revised semi-annually. Both these aim to mitigate inflation effects for households of central government employees.
Several government-backed savings schemes in India offer annual interest rates of 7.5% and higher. These options cater to various groups and provide tax benefits, attracting conservative investors.
RBI warns borrowers about rising fake loan waiver scams nationwide, urging verification with banks, avoiding upfront fees, and relying on official sources to prevent financial losses and credit damage.
The 8th CPC has extended its deadline for stakeholders to submit their memorandum of suggestions for the panel ahead of its recommendations. Here's a look at the top updates six months into the process

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