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EPF a dark horse despite cut in EPF interest rate to 40-year low – 5 Reasons

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EPF Interest Rate

EPF account contributions are done by the employee as well as the employer. The employer deposits the amount into the EPF account of employees directly on a monthly basis. EPF Interest Rate Cut: 2021-2022 The Employees’ Provident Fund Organisation (EPFO) has cut the interest rate on EPF of 8.1 per cent for the financial year …

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UPI transactions cross Rs 10-trillion mark in May 2022

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UPI transactions cross Rs 10 trillion mark in May EPF Interest Rate

UPI transactions cross Rs 10-trillion mark in May 2022, Unified Payments Interface (UPI), National Payments Corporation of India Unified Payments Interface (UPI) transactions are continued to grow in May 2022 with the platform processing transactions of Rs 10 trillion during the month. In terms of volume, transactions were at 5.95 billion during the month, according …

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IRDAI’s Use-and-file framework could mean better products, but policyholders should exercise caution

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Use-and-file framework

IRDAI’s Use-and-file framework could mean better products, but policyholders should exercise caution. Use-and-file mechanism will mean more flexibility for insurers in designing products and shorter timelines for introducing innovative plans. Very soon, health and general insurance companies in India will be able to launch their products without waiting for prior approval from the Insurance Regulatory …

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HDFC hikes lending rate by 5 bps, so the loan to become dearer

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HDFC hikes lending rate by 5 bps

HDFC hikes lending rate by 5 bps,“HDFC again increases its Retail Prime Lending Rate (RPLR) on housing loans and it’s Adjustable Rate Home Loans (ARHL) are benchmarked on this, by 5 basis points, with effect from 1st June-2022” the housing finance company said in a statement. This is the third time hike affected by HDFC …

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What not to do with your Aadhaar Number

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What should you not to do with your Aadhaar number

UIDAI cautions citizens not to share Aadhaar photocopy with any organisation, What should you not to do with your Aadhaar number, What not to do with your Aadhaar number, UIDAI warns citizens against sharing Aadhaar photocopies to counter misuse, Do not share Aadhaar copies indiscriminately, use masked Aadhaar or virtual ID for opening bank accounts, …

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7 tips to ensure a hassle-free claim settlement

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tips to ensure a hassle-free claim settlement

Tips to ensure a hassle-free claim settlement, claim settlement, insurance claim, tips for insurance claim settlement, insurance claim settlement process, Knowing the key do’s and don’ts of the claim settlement process can ensure people that their claim is settled on time and in a hassle-free manner. No insurance policy can serve its real purpose without …

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Elon Musk buys Twitter: How will it impact on Indian MFs owning Twitter shares

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Elon Musk Buys Twitter EPF Interest Rate

Elon Musk buys Twitter, Elon Musk, Twitter will have minor impact on Indian MFs owning Twitter shares. Many Indian mutual funds have the schemes that invest in overseas equities, but Twitter forms only a miniscule part due to its low ranking in terms of market capitalisation. Elon Musk buys Twitter will have minor impact on …

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