FY 2019-20

Timelines

SBI cuts Fixed deposit (FD) rates again: Details here
Business

SBI cuts Fixed deposit (FD) rates again: Details here

On Monday, the State Bank of India (SBI) announced that it would reduce MCLR (marginal cost of lending rate) on loans across all tenors.
#FinancialBytes: All about Public Provident Fund, its features, tax benefits
Business

#FinancialBytes: All about Public Provident Fund, its features, tax benefits

In India, the Public Provident Fund (PPF) is one of the most preferred long term tax-saving investment options for both salaried as well as non-salaried individuals.
#FinancialBytes: Everything about income tax slabs and rates for individuals
Business

#FinancialBytes: Everything about income tax slabs and rates for individuals

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers in the country.
#Budget2019: What are the income-tax changes proposed in Interim Budget?
India

#Budget2019: What are the income-tax changes proposed in Interim Budget?

Ahead of the upcoming Lok Sabha elections, acting Finance Minister Piyush Goyal, while presenting the Interim Budget, proposed several changes to the tax structure to provide relief to the salaried middle class.
India retains fastest-growing economy tag; World Bank forecasts 7.3% growth
World

India retains fastest-growing economy tag; World Bank forecasts 7.3% growth

The World Bank has forecast a growth rate of 7.3% for India in the fiscal year 2018-19 and 7.5% in FY 2019-20, making it the fastest-growing country among major emerging economies.
These Indian stocks are going strong despite global market turmoil
Business

These Indian stocks are going strong despite global market turmoil

Stock markets around the world plunged earlier this week, suffering losses following a 4.6% drop in US Dow Jones.
No charges on card transactions upto Rs. 2,000 from January
Business

No charges on card transactions upto Rs. 2,000 from January

Starting January 1, 2018, you won't have to pay transaction fees on debit card payments of up to Rs. 2,000 for two years.

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