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Aadhaar-Enabled Payment System, What Is It?

Aadhaar-Enabled Payment System, What Is It?

Reported by Animesh Singh | Wednesday June 15, 2022

Aadhaar Enabled Payment System (AePS) is a bank led model which allows online interoperable financial transactions in accounts

Equity Mutual Funds Maintain Momentum In May As Inflows Rise

Equity Mutual Funds Maintain Momentum In May As Inflows Rise

Press Trust of India | Thursday June 09, 2022, New Delhi

Witnessing positive momentum for the 15th straight month, equity mutual funds attracted a net sum of Rs 18,529 crore in May

RBI Hikes Key Lending Rate Again: What It Means For Home Loan Borrowers

RBI Hikes Key Lending Rate Again: What It Means For Home Loan Borrowers

Edited by Prashun Talukdar | Wednesday June 08, 2022, New Delhi

RBI Hike Repo: Reserve Bank of India (RBI) on Wednesday raised the key lending (repo) rate by 50 basis points in its June policy meeting.

EMIs To Get Costlier As A RBI Rate Hike Is Certain Today; What To Expect?

EMIs To Get Costlier As A RBI Rate Hike Is Certain Today; What To Expect?

Edited by NDTV Business Desk | Wednesday June 08, 2022

RBI Policy Meeting Outcome Today; What To Expect?

Income Tax Portal Not Hacked, Says Government, Asks Infosys To Fix Glitch

Income Tax Portal Not Hacked, Says Government, Asks Infosys To Fix Glitch

Press Trust of India | Tuesday June 07, 2022, New Delhi

Income Tax Department said Infosys has been directed to look into the issue relating to malfunction of search option on the e-filing portal

HDFC Bank Hikes Lending Rate Twice In A Month, EMIs To Get Costlier

HDFC Bank Hikes Lending Rate Twice In A Month, EMIs To Get Costlier

Asian News International | Tuesday June 07, 2022, Mumbai (Maharashtra)

With the increase in MCLR rates, EMIs on a variety of loans including housing, vehicle and personal loans will go up

Government Okays Four-Decade Low 8.1% Interest On EPF Deposits For 2021-22

Government Okays Four-Decade Low 8.1% Interest On EPF Deposits For 2021-22

Press Trust of India | Friday June 03, 2022, New Delhi

Government has approved 8.1 per cent rate of interest on employees' provident fund (EPF) deposits for 2021-22

HDFC Hikes Lending Rate On Housing Loans

HDFC Hikes Lending Rate On Housing Loans

Edited by Animesh Singh | Wednesday June 01, 2022

HDFC Limited has hiked its retail prime lending rate (RPLR) by 5 basis points or 0.05 per cent on housing loans

Vehicle Insurance Premiums To Banking Services: Here’s What’s Going To Be Costlier From June 1

Vehicle Insurance Premiums To Banking Services: Here’s What’s Going To Be Costlier From June 1

Edited by NDTV Business Desk | Tuesday May 31, 2022

The Ministry of Road Transport and Highways has increased the third-party motor insurance premium for various categories of vehicles

PAN, Aadhaar Mandatory For Yearly Cash Transactions Of Rs 20 Lakh Or More

PAN, Aadhaar Mandatory For Yearly Cash Transactions Of Rs 20 Lakh Or More

Edited by NDTV Business Desk | Thursday May 26, 2022

The Central Board of Direct Taxes (CBDT) had announced these rules on May 10.

Third-Party Motor Insurance Premium To Cost More From June 1

Third-Party Motor Insurance Premium To Cost More From June 1

Press Trust of India | Thursday May 26, 2022, New Delhi

The Ministry of Road Transport and Highways (MoRTH) on Wednesday increased the third-party (TP) motor insurance premium for various categories of vehicles with effect from June 1, a decision which is likely to jack up the insurance cost of cars and two-wheelers.

Soaring Inflation Pushes India's Retirees To Tap Into Savings, Eat Less

Soaring Inflation Pushes India's Retirees To Tap Into Savings, Eat Less

Reuters | Wednesday May 25, 2022, NEW DELHI

"I can't even think about retired life," said TL Wali, a 66-year old lawyer in Delhi's high court.

Finance Minister Discusses Fraud GST Refunds With Chartered Accountants Delegation

Finance Minister Discusses Fraud GST Refunds With Chartered Accountants Delegation

Press Trust of India | Monday May 23, 2022, New Delhi

Investigations by the CGST Gurugram are going on into the matter of fraudulent GST refunds

Taxpayers Can Seek IGST Refund On Ocean Freight Post Supreme Court Verdict, Say Experts

Taxpayers Can Seek IGST Refund On Ocean Freight Post Supreme Court Verdict, Say Experts

Press Trust of India | Sunday May 22, 2022, New Delhi

Taxpayers who have paid GST on 'Ocean Freight' on imported goods will be entitled to claim refunds, following the Supreme Court verdict

Mutual Fund Companies Collected Rs 1.08 Lakh Crore Via New Schemes In 2021-22

Mutual Fund Companies Collected Rs 1.08 Lakh Crore Via New Schemes In 2021-22

Press Trust of India | Sunday May 22, 2022, New Delhi

Riding on retail investors' interest and a sharp rally in equity markets, asset management companies launched 176 new fund offerings in 2021-22