Introduced in January 2004, the National Pension Scheme (NPS) originally served as a government-sponsored retirement plan exclusively for government employees. However, in 2009, it was expanded to encompass all other sectors. The NPS is governed jointly by the government and the Pension Fund Regulatory and Development Authority (PFRDA) and is designed as a long-term, voluntary…

With the festive celebrations in full swing, Amazon Pay has announced the introduction of equated monthly instalment (EMI) on RuPay credit cards. The digital payments platform said that the move aims to make online shopping for customers convenient and affordable. EMI on RuPay credit cards will be on offer across eight prominent issuing banks. With…

7th Pay Commission: The Union Government has increased the Dearness Allowance for Central govt employees and Dearness Relief for pensioners increased by 4%. The DA hike will be implemented from 1, July 2023 said Union Minister Anurag Thakur on Cabinet decisions. With this increase 4 percent hike, the dearness allowance will be increased from 42…

New Delhi: The Unique Identification Authority of India (UIDAI), allows all the Aadhaar card holders to update their Name, Address & Date of Birth in Aadhaar using a valid supporting document. However, no document is required for mobile number, email Id, gender, photograph, or other biometric updates. Here is a list of crucial documents that…

Bank of Baroda 2023 Jobs Recruitment Notification.Bank of Baroda inviting applications for the positions of Business Correspondent Supervisors.Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 25th October, 2023. No.of Posts and Vacancies :-Business Correspondent Supervisors: Posts Qualification: Minimum qualification should be graduate with Computer knowledge (MS…

The Employees’ Provident Fund is one of the most popular retirement fund options available for salaried employees in India. As a part of this, employees contribute 12 per cent of their basic salary, and an equal contribution is also made from the employer’s end towards their EPF accounts. The contributions are accumulated over time and…

Petrol, and Diesel Prices on October 11: Indian oil companies have kept the petrol and diesel prices on Wednesday, October 11, in all major cities almost at the same level with minor tweaks. These, however, vary from state to state due to value-added tax (VAT), freight charges, local taxes, etc. In Maharashtra, petrol is being…

Amazon Great Indian Festival 2023 sale is now live for everyone, 12 hours after offering early access to Prime members. Amazon Great Indian Festival sale brings hundreds of deals across all major product categories, including mobile phones, laptops, TVs, Amazon devices, and other electronics. Amazon’s sale includes a large selection of bundled offers, including product…

The Reserve Bank of India (RBI) has introduced new channels for card on file for tokenisation. Now it will be issued at bank-level to enhance convenience to create tokens created and linked to their existing accounts with various e-commerce applications. According to the RBI Governer’s Statement on Developmental and Regulatory Policies, “RBI introduced Card-on-File Tokenisation…