How to become rich with SBI’s New Recurring Deposit Scheme? EXPLAINED
How to become rich with SBI’s New Recurring Deposit Scheme: State Bank of India (SBI), the country’s largest bank, has launched two new deposit schemes, Har Ghar Lakhpati and SBI Patrons, designed to provide customers with greater financial flexibility and enhanced value. “We aim to create goal-oriented deposit products that enhance financial returns and align […]
Credit card expiration: Check how to pay your pending dues
Credit cards often serve as a quick and convenient mode of payment for several financial transactions. However, the trouble starts when your credit card expires and debts are still pending. It is important to keep track of your credit card payment deadlines and expiry dates. Here’s what happens when your credit card has expired and […]
Senior Citizen Savings Scheme: How to save TDS on SCSS interest income
Senior Citizen Savings Scheme (SCSS) is an attractive scheme for senior citizens which offers 8.2% interest for the July-September quarter. An individual can invest up to Rs 30 lakh in SCSS. Interest earned on the SCSS investment is taxable per the investor’s income tax slab. TDS is also deducted if the interest received from the […]
How to download Form 16A from the TRACES website, SBI, HDFC Bank, ICICI Bank
The Form 16A is a TDS Certificate that shows all TDS amounts submitted to the Income Tax Department. When non-salary payments like TDS professional fees, rent, and bank interest are made, the deductor provides a “TDS Certificate” to the IT Department. Form 16 A downloaded from TRACES are considered as valid TDS certificates. Form 16 […]
How to close Paytm FASTag: Here’s why you need to close your Paytm FASTag much before March 15
In line with its jurisdiction under section 35A of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has prohibited Paytm Payments Bank (PPBL) from accepting new clients. Additionally, it said that after March 15, 2024 no customer accounts, prepaid cards, Paytm Wallets, FASTags, NCMC cards, etc. will accept deposits, credit transactions, top-ups […]