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Reserve Bank of India (RBI) Shaktikanta Das on Thursday announced that banks can now issue RuPay pre-paid forex cards. With this, the RBI also announced to expand the scope of an e-rupee voucher. To let this happen, non-bank companies could issue such instruments independently. MPC announced to keep repo rate at 6.5%. Standing Deposit Facility…

Indians invest approximately ₹60 trillion every year. Of this, around 50% of household savings is invested in real estate and about 15% each in bank fixed deposits (FDs) and gold. Many investors prefer the safety and comfort of physical gold even though there are alternatives to this asset class in the form of gold funds…

Adebit card is a payment card that allows bank customers to access funds directly from their bank accounts to make purchases, pay bills, and conduct various types of transactions. They offer a secure, convenient, and efficient way for individuals to manage their finances and engage in various types of transactions within the broader financial system….

Microsoft announced the introduction of enhanced security features for Windows 11. These include updated app privacy settings and a new feature called “glanceable VPN.” According to Microsoft, the new privacy settings provide users with full visibility and authority over their personal information. “Stay focused and securely connected with the glanceable VPN feature. A small shield…

Filing of nominations by members is mandatory as per para 33, 34 and 61 of EPF Scheme,1952, according to the Employees’ Provident Fund Organisation’s (EPFO) website. Nomination is also necessary when submitting online Death Claims (Forms 10-D, 20 and 5-IF). During the EPF member’s service time, members can file and update e-nominations any number of…

LIC has launched Jeevan Kiran policy, a non-linked, non-participating individual savings and life insurance plan. This plan provides financial help to the family in the event of the life assured’s untimely death during the policy term and refunds the total premiums paid in the event of survival to adulthood. LIC announced the new plan via…

The Government of India (GoI) has recommended that all bank branches that handle government receipts and payments remain open for business on Sunday, March 31, to account for all government receipts and payments in FY 2023-2024. According to a notification issued by the Reserve Bank of India (RBI), only agency banks will be open on…

The income tax department has released the ITR- 2 offline form for filing income tax return (ITR) for FY 2022-23 (AY 2023-24). Last month, the CBDT notified the offline forms of ITR-1 and ITR- 4. Do note that the tax department is yet to enable the online ITR forms, as for now it has released…

Twitter has announced another change for users this week wherein the users will need to be verified in order to use TweetDeck. The change will take effect in 30 days, according to the Reuters news agency. Twitter made the announcement in a tweet detailing an improved version of TweetDeck with new features. It was unclear…