India

Do You Need to Pay to Update PPF Nominee? FM Sitharaman Issues Key Statement
Finance Minister Nirmala Sitharaman has announced that updating PPF nominee details is now free of cost. The change applies across small savings schemes and simplifies the nomination process for millions of Indians. Learn how to update your nominee step-by-step, understand the legal implications, and why it's essential for your financial planning.

Pension case pending for 20 years, now govt to pay ₹25,000 crore with huge arrears
A 20-year-old pension dispute has forced the government to confront a potential liability of ₹25,000 crore in arrears. Stemming from a 2008 memorandum that created inequities between pre-2006 and post-2006 retirees, the Delhi High Court ruled for retroactive adjustments from January 1, 2006. This ruling not only aims to rectify decades of underpayment but also underscores the need for comprehensive pension reforms in India.

Deposit this many cash in a year and the Income Tax Department may come knocking
Large cash deposits may trigger scrutiny from tax authorities, especially in India and the U.S. To avoid penalties, always maintain accurate records of your income and be transparent about the source of your funds. Understanding reporting thresholds and compliance rules is key to managing large deposits safely.

Will RBI Slash Rates in April? Here’s How It Could Shake Up Real Estate
The Reserve Bank of India is expected to cut repo rates in April 2025, potentially boosting housing affordability and demand. Learn how this decision could impact homebuyers, real estate developers, and the broader economy in our in-depth guide.

MNREGA Wage Hike Announced — Here’s How Much Workers Will Now Earn
The MGNREGA wage hike, effective from April 1, 2025, brings essential financial relief to rural workers across India. With daily wages ranging from ₹241 to ₹400 depending on the state, the increase helps workers cope with inflation and meet basic living expenses. However, challenges such as payment delays persist, and workers are advised to stay proactive in ensuring timely compensation.

Unified Pension Scheme: How to Secure ₹10,000 Pension Every Month?
The Unified Pension Scheme (UPS), effective April 1, 2025, offers central government employees a guaranteed pension of ₹10,000 per month. This article explains how to secure benefits, eligibility, contribution rules, and comparisons with NPS and OPS. Includes real examples, tax info, FAQs, and expert advice for smart retirement planning. Ideal for professionals and easy enough for beginners. Visit financialservices.gov.in to learn more.

Start Saving with Just ₹250/Month! Earn 8.2% Interest in SSY and Build a Big Future Fund
Looking to invest in your daughter's future? The Sukanya Samriddhi Yojana (SSY) offers a smart, government-backed savings plan with an 8.2% interest rate, starting with just ₹250/month. This detailed guide breaks down eligibility, benefits, and how to open an SSY account. Learn how SSY compares to PPF and FDs, and discover how it can help secure a bright, financially sound future for your girl child.

UPI Update: GPay, PhonePe, Paytm Users Beware! Significant Rule Changes Coming April
The UPI update effective April 1, 2025, requires banks and payment apps like GPay, PhonePe, and Paytm to update mobile records weekly, obtain explicit user consent, and restrict certain features to prevent fraud. This comprehensive guide explains the changes in a friendly yet authoritative tone, offering practical advice, clear examples, and insights into future trends, ensuring uninterrupted, secure digital payments for all users.

Income Tax Rules Changed from April! Pay Zero Tax on Income up to ₹12.75 Lakh – Check What’s New
In April 2025, India’s income tax system saw significant changes, including a new provision allowing zero tax for incomes up to ₹12.75 lakh. The reform simplifies the tax structure, offering tax-saving opportunities for salaried employees and businesses alike. This article breaks down the changes, offers practical advice, and provides clear examples for taxpayers to optimize their tax strategy.

Ladki Bahin Yojana: Get ₹1500 in Just 48 Hours – 7th Installment Released!
The Ladki Bahin Yojana 7th installment is now available, providing ₹1500 to eligible women in Maharashtra within 48 hours. Learn how to check your payment status, apply for the scheme, and resolve issues if you haven't received the funds yet. This initiative is helping thousands of women gain financial stability. Read on for a detailed step-by-step guide and official links!