Month: April 2021

Pre-Closing Your Personal Loan? Here Is All You Need to Know

A personal loan is one of the most widely used credit products which allows consumers to use the funds for any reason they wish. Personal loans are unsecured loans and are not liable to be used for any reason, in…

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LIC customers alert! Beware of fake agents or lose your money

Fraudulent calls These fraudsters make people surrender their existing policies and give them false assurance of better returns from another policy. Thus, policyholders are misled. Warning from LIC LIC has categorically stated in an alert issued by it…

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TDS on fixed deposit interest: Time to submit Form 15G / 15H to your banker – Here’s why

If you have a bank fixed deposit, it’s time to make sure that your bank does not deduct tax at source on the interest income earned. The bank will not make any such deduction if you are exempted…

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TCS recruitment: Tata Consultancy Services to hire over 40,000 in FY22

Tata Consultancy Services (TCS), which hired around 40,000 people last year, expects to hire a similar number or a little more in the financial year 2022. Speaking to reporters a day after announcing strong fourth-quarter numbers, India’s largest…

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How To Invest In Equity Linked Funds To Receive Tax Benefits

An equity-linked savings scheme or ELSS is one of the most popular mutual fund categories that offer tax benefits. Under provisions of Section 80C of the Income Tax Act, 1961, one is eligible for claiming tax deductions of…

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You can soon send money using NEFT, RTGS via a non-bank entity

Soon financial entities other than banks can offer Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer (NEFT) facilities. The Reserve Bank of India (RBI), in its monetary policy review, said that in a bid to boost…

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