LIC Jeevan Akshay-VII is a non-linked, non-participating, individual immediate annuity plan launched on February 28, 2023. This plan can be purchased both offline and online. This is an immediate annuity plan wherein the policyholder has the option to select the type of annuity from 10 available options on payment of a lump sum amount. The…
BHEL 2023 Jobs Recruitment Notification.Bharat Heavy Electricals Limited inviting applications for the positions of Medical Consultant.Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 31st July, 2023. No.of Posts and Vacancies :-Orthopedic Surgeon: 2 PostsGeneral Surgeon : 1 PostPhysician : 1 PostPaediatrician : 1 PostGDMOs : 5…
Post office offers many long term and short term investment plans but note that not all investment avenues are tax free, as some Post office schemes interest earned is taxable, and no deduction is available under section 80C of the Income tax Act, 1961. It is important to keep in mind that TDS is only…
The RBI’s vision is to leverage CBDCs as digital tokens for facilitating call money settlements within the interbank borrowing market, a critical component of the financial system. The Reserve Bank of India (RBI) is set to introduce a central bank digital currency (CBDC) in the country’s call money market, reported Reuters quoting an official. This…
The Pradhan Mantri Kisan Samman Nidhi (PM Kisan Yojana) 14th installment is scheduled to be released by the Central Government next week. The government will release around Rs 8.5 crore to PM Kisan beneficiaries. Under the scheme, eligible farmers will receives Rs 2000 per installment and total of Rs 6000 in a year. It should…
The National Pension System (NPS) is a government run scheme that is aimed at creating retirement benefits of workers in both public and private sectors. The voluntary contribution pension scheme is managed by Pension Fund Regulatory and Development Authority (PFRDA), a statutory body under the Union Finance Ministry. The scheme has been launched for retirement…
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)…
The Employees’ Provident Fund (EPF) is a retirement savings scheme supported by the Central government, accessible to all salaried employees and private sector workers. Each month, an employee contributes 12 percent of their basic salary and dearness allowance towards EPF savings, with the employer matching this contribution. The Employees’ Provident Fund (EPF) interest rate is…
Indian Railways is one of the most efficient and extensive modes of transport in India. Every day, lakhs of passengers use the Indian railways to travel to different parts of the country. According to the figures released, the Indian Railways achieved a freight loading of 135.46 million metric tonnes in June this year, which represents…
New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has introduced fresh guidelines for withdrawing pensions through the National Pension System (NPS), set to be effective from February 1, 2024. These regulations outline conditions for subscribers looking to make partial withdrawals from their pension accounts. According to the updated rules, subscribers can withdraw a…