If you are looking for investment returns, then you have products like fixed deposits, mutual funds, savings schemes and insurance endowments to choose from.In Ulips, you can select the underlying investments such as debt or equity or balanced funds Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
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How SBI, ICICI Bank account holders can withdraw cash at ATMs without debit cards
SBI customers can withdraw a minimum of ₹500 and maximum of ₹10,000 in a single transaction.ICICI Bank is also offering cardless cash withdrawal facility at any of its ATMs. Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreIncome tax department issues list of all official emails and SMS ids
The income tax department has asked taxpayers to not trust messages from any other source.Here is a full list of all official emails, SMS ids and websites used by the income tax department Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read More20% salary to be deducted as tax if employee doesn't share PAN, Aadhaar
The rule will be applicable to those who earn more than ₹2.5 lakh per annum, said CBDT.In its 86-page page circular, the CBDT has said employees have to quote PAN and Aadhaar details compulsorily as per the Section 206-AA of the Income Tax Act Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreUsing UPI app? What to do if lose your mobile phone
UPI allows safer and hassle free payments of your electricity, broadband and mobile bills.Do not share any sensitive details with anyone Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read More5 income tax changes expected in this year's budget
Tax experts expect some rationalisation as there is a steep jump in tax rate when income exceeds ₹5 lakh.Some tweaking in dividend distribution tax, long term capital gains tax on listed shares are also high on the wish list Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreEmployers reminded to deduct income tax at 20% or higher if PAN or Aadhaar not given
The reminder from the tax department comes at a time the authorities are trying hard to meet their direct tax collection target.Employers try to be meticulous in their TDS obligations as any default on this could invite penalty Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreSBI debit card holders have a new facility for online transactions. Details here
SBI virtual card can be used to shop online at any merchant website that accepts visa cards.SBI virtual card reduces the chances of any fraudulent activity Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreWhy do you have to pay health and education cess?
At present, the government charges a 4% health and education cess on the direct income tax liability of individuals.This cess was introduced in Union Budget 2018 by then finance minister Arun Jaitley Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
Read MoreMake a bullet journal for your money too
Maintaining a money bullet journal can help you track expenses, find out where you are overspending and help you invest in a disciplined manner Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies
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