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Etika Gupta

06 Mar 23

How can Senior Citizens avoid TDS on Fixed Deposits?

How can Senior Citizens avoid TDS on Fixed Deposits? What is FD? • FD refers to the fixed deposit in which you deposit a large sum of money with your bank for a specified period in exchange for a set interest rate. • Fixed deposit is the safest and most preferred investment option because it […]
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21 Feb 23

An improvised version for small value payments

An improvised version for small value payments When e-payment systems were not there earlier, the transaction procedure could have been more extensive and manageable. National Payments Corporation of India (NPCI) developed Unified Payments Interface (UPI) for instant transactions to facilitate the payment system. UPI marked a revolution in digital payments. Nowadays, people are afraid to […]
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rbi
10 Feb 23

RBI and ‘Dilemma’ of Repo Rate

RBI and ‘Dilemma’ of Repo Rate A 25 basis point increase was made to the repo rate, from 6.25 per cent to 6.5 per cent, on February 8, 2023, under the direction of RBI Governor Shaktikanta Das and the Monetary Policy Committee (MPC). The RBI has hiked the repo rate six times, bringing the total […]
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10 Sep 21

IMPORTANCE OF CIBIL SCORE

Credit Information Bureau (India) Limited (CIBIL) is a credit information company that preserves and maintains all the data relating to credit-record of companies as well as individuals. On the basis of the preserved credit history, it provides a “CIBIL Score”. CIBIL score is basically a three-digit number that demonstrates the credit health of a person. […]
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