WhatsApp is reportedly working on a username feature that will allow users to set unique usernames for their accounts as they use in other social media platforms. The feature is said to be in development and will be accessible within the app settings, according to WhatsApp tracker WABetaInfo. “With the ability to choose a username,…
A Delhi consumer forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay ₹2 lakh to a person for sending him bills even after his card’s expiry and blacklisting him for non-payment of the charges, according to the news agency PTI. The New Delhi District Consumer Disputes Redressal Forum comprises its president Monika A…
The Employees’ Provident Fund Organisation (EPFO) has come out with clarifications for many doubts regarding computation of the shortfall in contribution and accrued interest for those opting for the higher pension scheme. The provident fund body has notified the replacement mechanism for 1.16% additional contribution that the members were required to pay on a wage…
Netflix officially began its crackdown on password sharing in the US. The streaming service is sending out emails to all US subscribers who share passwords with another user outside their household to limit the act. “Your Netflix account is for you and the people you live with — your household,” Netflix wrote in the email….
Higher interest rates than bank FDs on these saving schemes: If you are thinking of investing your money, and don’t want to take a risk, then apart from bank fixed deposits (FDs), you can even put your money in Post Office Saving Schemes. Apart from the lucrative interest rate, investing in these schemes offer a…
The Central Board of Direct Taxes (CBDT) has issued guidelines for selecting income tax returns (ITRs) for complete scrutiny. The guidelines are applicable for the current financial year i.e., 2023-24. As per the guidelines, the income tax department will pick up tax returns for scrutiny on the basis of where the survey was conducted in…
The number of deaths has increased to 5,31,849 with six deaths which includes three fatalities reconciled by Kerala, the data updated at 8 am stated. New Delhi: India has recorded 552 new coronavirus infections while the active cases have decreased to 6,591 from 7,104, according to the Union Health Ministry data updated on Wednesday.The number…
The Employees’ Pension Fund Organisation (EPFO) issued a circular on May 11, 2023, clarifying that eligible employees and pensioners are required to provide a written consent within a specified time limit to transfer or deposit the funds from their Employees’ Provident Fund (EPF) account to the Employees’ Pension Scheme (EPS) account. According to the circular,…
If you are one of those people who wants to exchange their Rs 2000 notes at the earliest, you can visit the bank today to exchange the Rs 2000 notes from today.The facility for deposit or exchange of Rs 2000 banknotes will be available up to September 30, 2023. The Reserve Bank of India (RBI)…
There is a new idea around that there is no compounding benefit in mutual fund investment. This seems to have started as one of those social media attention-getting statements and has taken on a life of its own. I see ‘finfluencer’ types repeating this as a great piece of revealed wisdom, implying that this is…