RBI Cuts Repo Rate: Home Loan Interest Rates Drop, Bringing Relief to Borrowers 6 Banks Cut: The Reserve Bank of India (RBI) has slashed the repo rate by 25 basis points (0.25%) during its Monetary Policy Committee (MPC) meeting on February 7, 2025. This reduction...
Post Office RD Scheme: Secure Investment with High Returns Post Office Investment : Saving money is a habit for many, but finding a secure investment option that also offers great returns is key. The Post Office offers various small savings schemes suitable for all...
Is It Time to Rethink Traditional Tax-Saving Investments Under the New Tax Regime? The financial landscape for taxpayers has changed significantly with the introduction of the new tax regime in FY 2023-24. Since this new system is now the default, many investors are...
Government Increases Surveillance on High-Value Transactions to Prevent Tax Evasion The government is tightening its grip on tax evasion by enhancing monitoring of high-value financial transactions. Leveraging advanced data analytics and multiple agencies, authorities...
WhatsApp Testing Bill Payments in India: A Major Step for WhatsApp Pay WhatsApp is taking a big step in expanding its financial services in India by testing a new bill payments feature. This update will allow users to pay for essential services like electricity,...
Key Financial Updates for February 2025: Budget Announcements, Banking Changes, and UPI Rules financial updates: As February 2025 begins, several crucial financial changes are set to impact taxpayers, banking customers, and digital payment users. From tax relief in...
