In today’s digital era, while online services offer unmatched convenience, they also bring a significant risk of becoming a target of scams, particularly those linked to Know Your Customer (KYC) procedures. KYC scams are on the rise, exposing individuals to identity theft, financial fraud, and other cybercrimes. In this blog, we delve into the risks …
The Indian rupee recently reached an all-time low against the US dollar, sparking concerns among economists, businesses, and consumers. This decline can significantly affect the economy, influencing imports, inflation, and more. But what’s driving the rupee’s depreciation? Let’s examine the main factors behind this trend. The Indian rupee dropped to a record low of 85.10 …
Many people dream of owning a home and use home loans to make it possible, but long repayment terms can take up a large part of their income. To manage this, some think about using their Employees’ Provident Fund (EPF) savings to pay off the loan. While EPF is meant for retirement, it can also …
We are in an era of women’s empowerment, and financial independence is now a key focus. By 2025, this priority has led to tailored investment options gaining popularity. One standout choice is the Sovereign Gold Bond (SGB) Scheme, offering women a valuable opportunity to diversify their portfolios and secure their financial future. As we all …
As the Union Budget 2025 nears, many are asking if the old tax regime will be discontinued. This change could have a big impact on taxpayers who rely on its deductions and exemptions. Finance Minister Nirmala Sitharaman is set to present the Budget, and India’s tax system might see some major changes. While the government …
The Centre is likely to introduce the Direct Tax Code 2025, a simplified version of income tax laws, during the Union Budget on February 1 next year. Once in effect, it will replace the Income Tax Act of 1961. Experts believe the Direct Tax Code (DTC) will overhaul existing income tax laws, streamlining legal processes …
In today’s world, as we can clearly see the increase in technology integration in education, governments and institutions are adopting creative solutions to simplify student identification and access to benefits. One notable initiative is the APAAR Card—a digital student ID aimed at improving transparency, accessibility, and service efficiency. The APAAR Card which was launched by …
The Reserve Bank of India (RBI) will announce its December 2024 Monetary Policy this week, and there is much speculation about possible changes to the repo rate and other measures. Experts think the RBI will likely keep the interest rate unchanged and may lower its growth forecast due to weak GDP numbers from the second …
Mutual funds offer a highly effective way to grow wealth over the long term. With expert fund management and diversification, they serve as an accessible option for individuals looking to build substantial wealth. The Indian mutual fund industry is experiencing impressive growth, with assets under management (AUM) more than doubling in five years, rising from …
The Ayushman Bharat Scheme, or Pradhan Mantri Jan Arogya Yojana (PMJAY) has achieved a significant milestone within just 11 days of its recent expansion to include individuals aged 70 and above. Over 6.5 lakh senior citizens have enrolled and received Ayushman cards, reflecting the scheme’s growing impact on healthcare accessibility. Prime Minister Narendra Modi recently …
