[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said with retail inflation still above the 4 per cent target, any talks about cut in interest rates would be too premature. The country will achieve the projected growth rate of 7.2 per cent in 2024-25 and is heading towards the 8 per cent […]
Interest rate hikes, income limits, and a crypto reporting suite
[ad_1] Stable inflation indicates high rate growth. Federal Reserve’s Open Market Committee 75 basis points hike in short-term interest rates, This is the Fed’s biggest rate hike since 1994. Sen. Romney amended his proposed Family Protection Act. Their plan will provide a monthly cash benefit of up to $350 for each young child and $250 […]
Overnight Funds: With interest rates firming up, overnight funds are back in demand
[ad_1] overnight fund – Considered the safest category in debt mutual Fund There is renewed interest from investors looking to revamp their portfolio. The stock market is facing adverse conditions and Rate of interest Hoping to move forward, investors are parking Pennies In overnight funds, where the returns have increased from an average of 3% […]
Tax-saving fixed deposits for senior citizens offer interest rates up to 7.25% – Check Latest FD Rates
[ad_1] Senior citizens generally prefer to invest their money in risk free financial products offering attractive interest rates. While there are many avenues to explore, fixed deposits (FDs) are one of the preferred options for senior citizens as FDs offer guaranteed returns without any financial risk. One of the frequent concerns of senior citizens is […]
Government approves 8.1% EPF interest rate for 2021-22
[ad_1] The Employees’ Provident Fund Organization (EPFO) will soon start charging its members an interest rate of 8.1% for 2021-22 as the finance ministry has ratified the rate proposed by the retirement fund body in March. In March, the Central Board of Trustees (CBT), the highest decision-making body of the EPFO, decided to reduce the […]
Extension of Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit for exporters
[ad_1] RBI circular no. RBI/2021-22/180 DOR.STR.REC.93/04.02.001/2021-22 continue on 8th March 2022 Expands interest equalization scheme for rupee export credit before and after shipment From 1st October, 2021 and 31. will endscheduled tribe March 2024 or till next review, whichever is earlier. The Interest Equalization Scheme for providing Rupee Export Credit before and after shipment to […]
How do banks calculate interest on savings account and FD in India in 2022?
[ad_1] saving account The most widely used account is to park your savings. Withdrawal flexibility is what makes it the most preferred account. And Fixed deposit Popular in terms of returns. But most of us do not know how the interest is calculated on these accounts. Let us see how banks calculate interest on savings […]
Energy, Taxes, Interest Payments, and Mistakes
[ad_1] What impact will the TCJA have on the US energy sector? a new paper from tpc, previously published by Resources for the Future, combines qualitative analysis with projections from TPC’s investment and capital model to show how the Tax Cuts and Jobs Act (TCJA) will affect the energy business. The study found that the […]
Amnesty Scheme – Maharashtra Settlement of Dues of Tax, Interest, Penalty or Late Fee Scheme 2022
[ad_1] Maharashtra Government 11. Toth In March 2022, the Sales Tax Department has announced “Amnesty Scheme 2022” to settle various old cases. Shri Ajit Pawar, Deputy Chief Minister of Maharashtra. Announces Amesti Scheme for Sales Tax Matters toth March 2022. The due date for disposal of sales tax cases will be effective from April 1scheduled […]