Welcome VISHVASYA, the new Blockchain-as-a-Service (BaaS) Blockchain Technology Stack that offers geographically distributed infrastructure. It is seen as one of the most significant innovations in the fintech industry and digital technology powered service industry after UPI and other digital payment gateway that has become an integral part of our daily life. The new service has …
The Bank for International Settlements (BIS), the international financial institution owned by global member central banks, had conducted a survey on central bank digital currencies (CBDCs), and here are the key findings that show that 94% of surveyed central banks are exploring CBDCs, compared to 90% in 20211. This indicates a growing interest in CBDCs …
When it comes to investing, many people seek options that offer both safety and a guaranteed return. Below are three such investment ideas that provide risk-free and assured returns, making them attractive for conservative investors. Investment Name Interest Rate (Income on Rs 10L) Taxation Lock-In Period Maximum Investment RBI Floating Rate Bond 7.70% + 0.35% …
India’s Sovereign Debt Goes Global In a landmark decision, JPMorgan Chase has begun incorporating Indian government bonds into its Global Bond Index – Emerging Market (GBI-EM), a critical benchmark for institutional investors worldwide. This inclusion marks a turning point for India’s financial landscape, with far-reaching implications. A Market on the Rise India’s sovereign bond market, …
Planning for your child’s future is crucial, and making informed investment decisions can pave the way for a secure financial journey. In this article, we will explore five investment options tailored to ensure a prosperous future for your child. 1. Sukanya Samriddhi Yojana The Sukanya Samriddhi Yojana is specifically designed for the benefit of a …
The Employee Provident Fund (EPF) serves as a crucial retirement savings scheme for employees in India, administered by the Employees’ Provident Fund Organisation (EPFO). As financial security during retirement becomes increasingly important, understanding the EPF withdrawal rules and procedures is essential. This guide provides an in-depth look at the various types of EPF withdrawals and …
The eligibility limit for Employee Provident Fund (EPF) withdrawal regarding medical emergencies has been moved up to ₹1,00,000 from the previous limit of ₹50,000. This change has been made under Paragraph 68J of Form 31 under the EPFO rules, which allows the contributor to request an advance for coverage of medical expenses – either for …
UMANG App के माध्यम से पीएफ का पैसा निकालने की प्रक्रिया काफी आसान है। UMANG App के तहत EPFO के सदस्य अपने पीएफ खाते से पैसा निकालने के लिए घर बैठे ही आवेदन कर सकते हैं। UMANG App के इस्तेमाल से पीएफ निकासी की प्रक्रिया काफी सुविधाजनक है। इस लेख के माध्यम से हम आपको …
As the ICC Men’s T20 World Cup 2024 enters into a crunch moment with an unprecedented twist, jointly hosted by the West Indies and the USA, cricket fans around the globe are in for a treat. For the first time, 20 teams are battling it out in this thrilling edition. This tournament marks the ICC’s …
नेशनल पेंशन सिस्टम (एनपीएस) एक लंबी अवधि की पेंशन योजना है जो रिटायरमेंट पर एकमुश्त राशि और पेंशन का लाभ प्रदान करती है। केंद्र सरकार द्वारा चलाई जा रही इस कंट्रीब्यूटरी पेंशन योजना में, 1 फरवरी, 2024 से आंशिक निकासी के नए नियम लागू होने जा रहे हैं। पेंशन फंड रेगुलेटरी एंड डेवलपमेंट अथॉरिटी (PFRDA) …
