Indians can now remit tuition fees to over 600 universities abroad through HSBC app | Personal Finance

3 minutes reading time Last update: September 17, 2024 | 1:17 PM IS Now, Indians looking to simplify payments for their children’s education abroad have a new option. HSBC India on Monday launched its Global Education Payments service, which allows customers to pay tuition fees directly to more than 600 international universities through its mobile … Read more

Revised FD Rates: Up to 7.9% interest rate on Senior Citizen FDs, 7.40% on Regular Fixed Deposits

The Federal Bank has recently revised its Fixed Deposit (FD) interest rates. These interest rates are applicable on fixed deposits below Rs 3 crore. The new FD rates came into effect from September 16, 2024. Read below to find out the latest Federal Bank Fixed Deposit Rates Latest Federal Bank FD Interest Rate for General … Read more

The tax man is coming: are you ready for the new era of invoice management?

In a landmark development that is set to transform the tax credit claiming landscape, the Goods and Services Tax Network (GSTN) has introduced the new Invoice Management System (IMS). The platform is designed to streamline invoice processing and reporting, setting new standards of accuracy, efficiency and transparency in invoice management. As per the implementation of … Read more

This Canadian-based Robeco mutual fund has turned Rs 10,000 SIP into Rs 85 lakh in 15 years | Personal Finance

4 minutes reading time Last update: September 17, 2024 | 8:50 am IS The Canara Robeco Consumer Trends Fund, launched in September 2009, has shown remarkable performance over the last 15 years. A monthly capex investment of Rs 10,000 in the fund has grown to Rs 84.81 lakh, generating an annualised return of 18.64%. The … Read more

Avoid partial payment: Buy health insurance coverage with fewer sublimits | Personal Finance

4 minutes reading time Last update: September 16, 2024 | 10:12 PM IS At a recent summit of the Confederation of Indian Industry (CII), Satyajit Tripathi, member (distribution) of the Insurance Regulatory and Development Authority of India (Irdai), highlighted that complaints in general insurance, especially in health insurance, revolve primarily around payment of claims. In … Read more

Two new exchange-traded funds open for subscription today

On Monday, September 16, two new exchange-traded funds (ETFs) hit the market. These are the Motilal Oswal Nifty 500 Momentum 50 ETF and the Groww Nifty 1D Rate Liquid ETF. Each plan has different investment objectives. The Motilal Oswal Nifty 500 Momentum 50 ETF aims to deliver returns that closely match the total returns of … Read more

Finance Minister Nirmala Sitharaman to launch NPS Vatsalya scheme on September 18

NPS Vatsalya Scheme: Finance minister Nirmala Sitharaman The NPS Vatsalya programme is scheduled to be launched on Wednesday, fulfilling a promise made in the Union. Budget 2024-25. The launch event will include introduction of an online platform for NPS Vatsalya subscriptions, launch of a scheme brochure and distribution of Permanent Retirement Account Number (PRAN) cards … Read more

UK grants 286,382 work visas and 432,225 student visas in one year, data shows | Personal Finance

4 minutes reading time Last update: September 16, 2024 | 16:55 IS The UK government recently published its latest immigration data for the year ending June 2024, showing a total of 1.16 million visas granted for work, study and family purposes, including for dependents. The report revealed sharp declines across all major visa categories, with … Read more

Can the government close your Sukanya Samriddhi Yojana account for not following the guidelines? Read the latest SSY rules

He Ministry of FinanceThe US Department of Economic Affairs recently issued the latest guidelines to regulate irregularly opened transactions. small savings accounts under the NSS. Here are the latest guidelines for Sukanya Samriddhi Beads that investors should follow: Sukanya Samriddhi Accounts opened by grandparents In the case of accounts opened under the guardianship of grandparents … Read more

Gold price hike hits exports, says GJEPC

The increase of gold rates It has created challenges for gem and jewellery exports. Gems and Jewellery Export Promotion Council (GJEPC) Executive Director Sabyasachi Ray noted a decline in gold exports for the first time in several months, attributing it to rising prices, though diamond prices have started stabilising. While the retail segment initially performed … Read more