Tip for the day-Jan 3, 2022

For investors above 60 years of age, Senior Citizens’ Savings Scheme(SCSS) is one of the best investment options from both returns as well as tax savings perspective. It currently offers a good return of 7.4% per annum. Also it allows to invest upto Rs.1.5 lacs in a financial year which can be claimed as tax … Read more

New money related changes in 2022

With the new year comes new changes that will have an impact on our money. Here is a look at six changes that will come into effect from January 1, 2022. 1) Pay more from ATM transactions Starting January 1, 2022, if you use up all of your free ATM transactions, you will have to … Read more

Use ‘bucket strategy’ to invest for children with special needs

Parents worry a lot about their specially-abled children. They are always concerned about how they can ensure the financial well-being of the children. Mutual fund advisors say the first thing the parents with specially-abled children should do is to start the financial planning process without any delay. They believe proper investments with the existing resources … Read more

How to know or get your UAN number?

EPFO Provides a facility by which you can know  your EPF number by entering any of these details below     Member ID     Aadhaar    PAN along with your Name, Date of Birth, Mobile number and Email ID (Mobile number & Email ID are just for sending information of your UAN) Steps to … Read more

Why is credit score so important?

The Importance of a Good Credit Score A credit score is a measure of your creditworthiness. The first thing lenders check when you apply for a loan or a credit card is your credit score. It gives them an idea of whether you have the ability to repay the borrowed sum. Hence, it is important to maintain … Read more

Amazon Pay ICICI credit card: Top card for online shoppers

What is Amazon Pay ICICI credit card? Amazon Pay ICICI credit card is a joint initiative launched by Amazon in collaboration with ICICI bank. Customers paying using this card will be rewarded in the form of cashback. The cashback will be directly credited to their Amazon Pay balance at the end of the monthly billing … Read more