NewsBizkoot.com

Tag: details

  • Bank FD Update: Small finance bank is offering 9% interest on 3 Year FD, check details

    Bank FD Update: Small finance bank is offering 9% interest on 3 Year FD, check details
    Bank FD Update: Small finance bank is offering 9% interest on 3 Year FD, check details

    Let us tell you that fixed deposit provides the investor a fixed interest rate on the lump sum amount deposited in the bank for a fixed period and it can be determined using the fixed deposit return calculator.

    The interest rates have not been changed by the Reserve Bank of India (RBI) for the 10th consecutive time. After this, banks and small finance banks are giving strong interest on FD. By taking advantage of this opportunity, you too can get great returns by investing in FD. Today we are telling you about a small finance bank. This bank is giving interest at the rate of 9% on 3-year FD. At the same time, it is giving 7% interest on one-year FD.

    – Advertisement –

    North East Small Finance Bank

    North East Small Finance Bank (NESFB) is giving interest at the rate of 9% on 3-year FD of general citizens. At the same time, it is giving interest at the rate of 7% on one-year FD and 6.25% on 5-year FD. Let us tell you that fixed deposit offers the investor a fixed interest rate on the lump sum amount deposited in the bank for a fixed period and it can be determined using the fixed deposit return calculator. Premature fixed deposit withdrawal means that the investor withdraws the fixed deposit before the maturity date.

    Bumper interest is being offered on FD

    Interest rates on FD are at a high level due to several rate hikes by RBI in 2022. Interest rates vary depending on the FD period, amount invested, bank, fluctuations in repo rate.


    – Advertisement –

    Previous articleICICI Bank changed the credit card rules for the second time, took away many of your benefits
    Jyoti

    Jyoti , has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. She has done BA in English. She loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @rightsofemployeescom@gmail.com

  • RBI MPC Update: You can verify the name of the beneficiary by doing RTGS-NEFT. Check Details

    RBI MPC Meeting: Many times bank customers transfer money to the wrong account while transferring money online through RTGS and NEFT. But soon such mistakes made by bank customers will be reduced and fraud will also be curbed.

    The Reserve Bank of India has decided to start the Real Time Gross Settlement System and National Electronic Funds Transfer so that before executing the transaction, the funds remitter i.e. the person transferring the money will be able to verify the name of the receiver i.e. the beneficiary account holder. RBI has decided to start the beneficiary account name look-up facility.

    – Advertisement –

    UPI and IMPS have the facility of beneficiary verification

    Currently, whenever money is transferred through UPI or Immediate Payment Service (IMPS), the Remitter of Funds i.e. the one who is transferring the money has the option to verify the name of the receiver or beneficiary before making the payment transaction. But this facility was not available in RTGS (Real Time Gross Settlement System) or NEFT (National Electronic Funds Transfer) system.

    Verification of beneficiary will be possible in RTGS-NEFT

    In his address after the Monetary Policy Committee meeting, Reserve Bank of India Governor Shaktikanta Das said, now it is proposed to start a facility similar to UPI and IMPS (Immediate Payment Service) for transferring funds through Real Time Gross Settlement System and National Electronic Funds Transfer. The RBI Governor said that, after the introduction of this facility, remitters will be able to verify the name of the account holder before transferring funds through RTGS or NEFT. This will reduce the chances of crediting funds to the wrong account and will also curb fraud.

    Related Articles:-

    Govt notified new GST Amnesty Scheme, taxpayers will be able to settle the case by paying less interest and penalty

    Ration Card Rules: Cabinet approves continuation of supply of free Fortified Rice under PMGKAY

    BCCI Domestic rules: BCCI has changed many rules of cricket for the domestic season, Check here


    – Advertisement –

    Previous articlePM Modi tells Union secretaries, Show such govt employees the way out
    Jyoti

    Jyoti , has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. She has done BA in English. She loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @rightsofemployeescom@gmail.com

  • Dyson’s cord-free wet floor cleaner, WashG1 is here; costs Rs 64,900 [details]

    Dyson Wash G1

    Dyson Wash G1Dyson

    Dyson, a global leader in home appliances, has unveiled its first dedicated cord-free wet floor cleaner, the Dyson WashG1, in India. This product is engineered for hygienic cleaning and maintenance, tackling both wet and dry debris in one go. The Dyson WashG1 is equipped with a 1-litre clean-water tank and employs a combination of hydration, absorption, and extraction technologies for thorough debris removal. This ensures hygienic maintenance and can cover an area of up to 3,100 square feet on a single charge.

    The device features highly absorbent, counter-rotating rollers that utilize a pulse-modulated pump to distribute water evenly across 26 hydration points. The microfiber rollers, consisting of 64,800 filaments per cm², effectively absorb liquid spills while capturing dry dirt, debris, and hair.

    Charlie Park, Vice President of Dyson Home Engineering at Dyson, explained the importance of wet cleaning, “Most of us vacuum our homes regularly. But whilst wet cleaning is considered a necessary chore globally, many of us don’t know why we do it beyond the vague notion of hygiene. In fact, cleaning with water is essential to rehydrate and remove tough, dried-on stains.”

    Dyson Wash G1

    Dyson Wash G1Dyson

    Dyson’s advanced separation technology

    The Dyson WashG1 uses advanced separation technology to keep debris and dirty water separate for easy disposal. Durable plates extract dirty water from the rollers, while nylon-bristled brush bars flick dirt into a removable debris tray, featuring a 500-micron mesh to filter out large debris. This waste is stored in a 0.8-liter tank for hygienic disposal. For maintenance, the WashG1 is designed without sharp internal edges, reducing the chance of grime buildup. Its large water tank openings facilitate easy cleaning, while the self-cleaning mode saturates the rollers with clean water after use, preparing the machine for its next operation.

    The device also provides customized hydration control, allowing users to adjust levels based on the type of debris and flooring. Stain removal performance is dependent on the correlation of hydration of the floor and agitation applied.

    “We’ve engineered our machine to allow owners full control, enabling them to deep clean their homes effectively,” says Charlie Park.

    The Dyson WashG1 is available at Dyson.in and Dyson Demo stores across India for Rs 64,900. It comes with a 2-year warranty and accidental damage protection. 

  • Public Holiday Alert: Govt declared public holiday in schools, banks and offices on 11, 12 and 13 October. Check Details

    Public Holidays in October: Employees will have three consecutive days off in Rajasthan due to festivals in the month of October.

    Due to Durgashtami on 11 October, Dussehra on 12 October and Sunday on 13 October, there will be three days of public holiday for banks (Bank Holidays), schools (School Holidays) and government offices. It is worth noting that the entire month of Navratri is celebrated in the state. Everyone celebrates these festivals with joy and gaiety.

    – Advertisement –

    Actually, Sharadiya Navratri starts from Shukla Paksha Pratipada Tithi in Ashwin month . During this, nine forms of mother are worshipped. Every day is dedicated to a specific form of mother and each form has its own glory. On 3rd October, i.e. Thursday, Ghat will be established in every house and fasting and worship will be done. In Rajasthan, Mata Rani will be worshipped by organizing special events at various places.

    After this, there will be holidays on Durga Ashtami on October 11, Vijayadashami on October 12 and Diwali on October 31. According to the government calendar, there will be a total of 12 days of holiday in the month of October. This includes Saturday and Sunday as well. The special thing is that after the holidays on October 11 and October 12, there will be a holiday on Sunday on October 13. In such a situation, holidays can be enjoyed for three consecutive days.

    Related Articles:-

    LIC launched a new plan, cover up to Rs 2 lakh, know who will get the benefit

    RBI Monetary Policy: No impact on home loan EMIs as repo rate kept unchanged

    GST tax slab: 12% GST tax slab may be abolished, know what is the plan of GST Council


    – Advertisement –

  • ATM Cash Withdrawal Rules: The rules for withdrawing money from bank ATMs have changed, Check Details

    ATM money withdrawal

    Rules Change: Nowadays every person deposits his money in the bank so that it remains safe and interest can also be earned on it. Whenever someone needs money, they usually withdraw cash from ATM or bank. But there are some rules and limits for cash withdrawal, which are important to know. Let us know about these rules and limits in detail.

    – Advertisement –

    Limit on cash withdrawal from ATM

    Rules Change: Every bank has set a fixed limit for withdrawing cash from ATM. This limit depends on the type of ATM card and the bank’s policy. For example, a maximum of Rs 40,000 can be withdrawn from a bank’s ATM in a day, while in some other banks this limit can be up to Rs 50,000.

    If you need more cash than this limit, you have to wait till the next day. The limit for withdrawing large amounts from ATM is only on a daily basis, so it is important to know how much you can withdraw at one time.

    Rules for withdrawing cash from the bank

    If you need more cash than the ATM limit, you can withdraw cash directly from the bank. There are some rules that need to be followed for withdrawing cash from the bank. The rules are a little strict, especially for withdrawing large amounts.

    TDS on cash withdrawal of more than Rs 20 lakh

    If you withdraw more than Rs 20 lakh in cash in a financial year and you have not filed Income Tax Return (ITR) for the last three years, then you will have to pay TDS (Tax Deducted at Source) . In this case, you will have to pay TDS at the rate of 2%.

    If you withdraw an amount of Rs 1 crore or more in cash, the rate of TDS will be 5%. That is, if you withdraw such a large amount, you will have to pay 5% of the total amount as TDS. This rule applies to those who have not filed ITR. If you have filed ITR on time, you will not have to pay TDS on cash withdrawal, no matter how big the amount you withdraw. This exemption is for those who regularly give details of their income to the government and file ITR.

    Cash withdrawal limit in banks

    The limit of cash withdrawal from the bank also depends on the policies of the bank. In some banks, you can withdraw a maximum of Rs 1 lakh in cash in a day, while in some banks this limit is up to Rs 5 lakh. This limit may vary depending on the services of the bank and the customer’s profile.

    Related Articles:-

    LIC launched Single Premium Group Micro Term Insurance Plan, know its special features

    Indian Railways has canceled these trains for the next few days, see the list

    DA Hike Update: Govt may announce DA arrears and Diwali bonus along with increase in DA on Wednesday


    – Advertisement –

  • SIP Secret Plan: You will get Rs 1 crore by depositing only Rs 3000. Know all details

    SIP Secret Plan: SIP (Systematic Investment Plan) is a powerful means of investing in mutual funds, but not everyone can become a millionaire by depositing money in it.

    For this, there are some rules and conditions, which are very important to follow. If you invest haphazardly by deviating from the rules, there is a greater possibility of loss than earning from SIP. There are some such secret plans of SIP that you can become a millionaire even by depositing small amounts. There is one such secret plan, by following which you can create a big fund of up to Rs 1 crore through SIP. Let’s know about it.

    – Advertisement –

    People with a salary of 20 thousand can also earn 1 crore rupees

    The most important thing about SIP is that it is not necessary to have a hefty salary to invest through it. Even if your salary is 15 or 20 thousand rupees a month, you can still deposit up to 1 crore rupees by investing in SIP. You do not need to rush for this. You have to be patient and keep depositing money in the account regularly for a long time. Unless you deposit money regularly, you cannot expect to earn a lot.

    What is the 70:15:15 secret plan of SIP?

    To earn a lot from SIP, you can use the secret plan of 70:15:15. This secret plan depends on your monthly income. Suppose your salary is Rs 20,000. Then under the secret plan of 70:15:15, you should keep aside 70% of this Rs 20,000 for household expenses. If you keep aside 70% of Rs 20,000 i.e. Rs 14,000 for household expenses, then you will have Rs 6000 left as 30% amount. Now from the remaining amount, keep aside 15% i.e. Rs 3000 for emergency. Then you will be left with 15% amount. 15% amount means Rs 30000. Now invest this Rs 3000 in the mutual fund of any company through SIP.

    How to get Rs 1 crore from Rs 3000?

    Now if you have decided to invest under the 70:15:15 plan of SIP, then let us tell you that you will have to deposit Rs 3000 every month in any mutual fund. You will have to do this continuously for 30 years. Now if you deposit Rs 3000 every month, then you will be able to deposit Rs 36,000 in a year. In the next 30 years, you will have Rs 10,80,000 deposited. Generally, on depositing money in SIP, the investor gets 12% return annually.

    Apart from this, there is also the benefit of compounding. At the rate of 12%, in 30 years, you will get Rs 95,09,741 as a return on your Rs 10,80,000 at the rate of 12%. Now if you add your principal of Rs 10,80,000 and return of Rs 95,09,741, then a huge fund of Rs 1,05,89,741 will be deposited in your account. Now you tell me whether the 70:15:15 SIP plan is beneficial for you or not?

    DISCLAIMER:- Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.

    Related Articles:-

    Bank Holiday Alert: Banks will remain closed for 5 consecutive days due to Dussehra

    Indian Railways has canceled these trains for the next few days, see the list

    LIC launched Single Premium Group Micro Term Insurance Plan, know its special features


    – Advertisement –

  • IMD issued an alert! There is a possibility of rain and lightning in this state in the next 48 hours. Check Details

    The Meteorological Center on Tuesday said that thunderstorms and lightning are likely at isolated places in Adilabad, Komaram, Bheem Asifabad, Mancherial, Nirmal, Nizamabad, Jagitala, Rajanna Sircilla, Bhadradri Kothagudem, Khammam, Kamareddy and Nagarkurnool districts of Telangana during the next 24 hours. The same situation is also likely to prevail in

    – Advertisement –

    Adilabad, Komaram Bheem Asifabad, Mancherial, Nirmal, Nizamabad, Kamareddy, Mahbubnagar, Nagarkurnool, Wanaparthy, Narayanpet and Jogulamba Gadwal districts of the state on Wednesday, a daily weather report here said.

    Light to moderate rain or thundershowers are likely at many places, a few places or isolated places in Telangana during the next seven days. The southwest monsoon has remained weak in the state. The report said that rain occurred at one or two places in Telangana during the last 24 hours.

    Related Articles:-

    Aadhaar: It is easy to access the Aadhaar of family members through mAadhaar App, know the process to link the profile

    ICICI Bank will provide UPI credit line facility on PhonePe app, customers will get loan instantly

    Income Tax Rule : Govt has talked about changing the 60-year old tax rules. how will it affect you?


    – Advertisement –

  • Weather Forecast: Heavy rain on 7-8 October, storm alert in more than 10 states – check full details

    IMD issued Alert
    IMD issued Alert

    Weather Forecast: Monsoon has left many states of the country. At the same time, rain continues in many states including Jharkhand, Bihar, Odisha, West Bengal. The Meteorological Department has said that the rain will continue in these states.

    There is enthusiasm for Durga Puja in the whole country. In such a situation, the disturbance of rain is spoiling the fun. Today, i.e. on October 7, the Meteorological Department has predicted rain in many states including Bihar-Jharkhand. The biggest thing is that the process of opening the doors of the pandals has started. In such a situation, if it rains, then all the fun of Durga Puja can be spoiled. Let’s take a look at which states are likely to receive rain today.

    – Advertisement –

    Heat increased in Delhi.

    With the departure of monsoon, heat has started in the country’s capital Delhi. The maximum temperature in Delhi on Sunday was recorded at 35.7 degrees Celsius. This is two degrees below the average. The Indian Meteorological Department has said that the relative humidity during the day was 72 percent to 52 percent. The Meteorological Department has said that the weather may remain clear on Monday. For today, the Meteorological Department has said that the maximum and minimum temperatures may be 36 and 25 degrees Celsius.

    Rain at many places in Punjab

    The Meteorological Department has said that rain is expected in many districts of Punjab on Monday. On Sunday itself, clouds started gathering in the sky of Punjab. Strong winds blew along with rain in many districts. The Meteorological Department has said that even today there will be strong winds along with rain in many areas. The Meteorological Department has also issued an alert regarding rain in Jalandhar, Chandigarh and some other places.

    The rainy season continues in Bihar (Durga Puja Rain in Bihar)

    The rainy season will continue in Bihar as well. The monsoon has started weakening gradually in the state. Due to this, humid heat has started once again. Meanwhile, the Meteorological Department has said that the rainy season may continue in many districts of the state. The Meteorological Department has said that many districts of the state including the capital Patna may remain cloudy. There is a possibility of rain in Patna, Gopalganj, Siwan, Saran, Nalanda, Jehanabad and other districts.

    Rain in Jharkhand during Durga Puja

    A cyclonic circulation is formed in the Bay of Bengal. Due to which the weather of Jharkhand is changing once again. Late on Sunday night, clouds were seen in the sky of the capital Ranchi with thunder and lightning. The Meteorological Department has predicted that it may rain in Jharkhand today and tomorrow. The Meteorological Department has issued a yellow alert for the state.

    Orange alert issued for three districts of Kerala

    The India Meteorological Department has issued an orange alert for three districts of Kerala and predicted very heavy rains there. According to the latest update from IMD, heavy rains are expected in scattered areas of Idukki, Malappuram and Wayanad districts. In view of the possible heavy rains, the administration of Wayanad district has instructed people living in landslide prone areas to be extra cautious.

    How will the weather be across the country today (Weather Updates Today)

    According to Skymet Weather, light to moderate rain may occur in Tamil Nadu, Kerala, South Interior Karnataka, Coastal Karnataka, Sub-Himalayan West Bengal and parts of Northeast India today. Heavy rain is possible at some places. Light to moderate rain may occur in Andaman and Nicobar Islands, Northeast India, West Bengal, Bihar, East Uttar Pradesh, Telangana, Konkan and Goa, Madhya Maharashtra, North Interior Karnataka and Lakshadweep. Light rain is possible in Western Himalayas, Odisha, Chhattisgarh and Jharkhand.

    Related Articles:-

    Public Holidays: Schools, colleges and banks will remain closed for three consecutive days

    Pension: New update for pensioners, do this work or else the money will stop

    Ration Card New Rules 2024: Ration cards of lakhs of people will be canceled, govt has issued new rules for Ration Card

    Electricity meters of 1.43 crore consumers will be replaced with smart meters, prepaid and postpaid facility


    – Advertisement –

  • IMD Rain alert: IMD once again issued heavy rain alert in these states, check details here

    New Delhi: The India Meteorological Department (IMD) has predicted widespread rainfall across various regions of India, with heavy rains likely over parts of the east, northeast and southern peninsular regions.

    The forecast highlights moderate to heavy rainfall over these regions in the coming week, with very heavy or extremely heavy rainfall likely over some states.

    – Advertisement –

    Northeastern states like Assam, Meghalaya and Arunachal Pradesh are on alert for heavy rainfall at isolated places, while southern states like Kerala and south interior Karnataka are also likely to receive widespread rainfall. Meanwhile, northwest, west and central India are expected to remain relatively dry.

    Northeast and East India Weather Forecast

    The Northeast region is likely to receive widespread light to moderate rainfall throughout the week. States like Assam, Meghalaya and Arunachal Pradesh are likely to receive heavy to very heavy rainfall at isolated places on October 4, while some areas may receive extremely heavy rainfall. Sub-Himalayan West Bengal and Sikkim are also likely to receive heavy to very heavy rainfall on the same day.

    Meanwhile, Nagaland, Manipur, Mizoram and Tripura may receive heavy rainfall on October 5, while the rest of the Northeast is likely to receive scattered rains next week. In eastern India, Gangetic West Bengal and Bihar are also predicted to receive heavy rainfall at isolated places on October 5. West Bengal and Sikkim along with Andaman and Nicobar Islands will receive light to moderate rainfall over the next two days, followed by scattered rainfall in the subsequent days.

    South Peninsular India Weather Forecast

    The southern states are preparing for widespread rainfall in the coming week. Kerala, Mahe and south interior Karnataka are expected to receive light to moderate rainfall throughout the week. Tamil Nadu, Puducherry, coastal Karnataka, north interior Karnataka, coastal Andhra Pradesh and Rayalaseema are also likely to receive scattered to widespread rainfall.

    Isolated heavy rainfall has been predicted over Rayalaseema on October 5 as well as over south interior Karnataka from October 5 to 8. Kerala, Mahe, Tamil Nadu and Puducherry are likely to face similar conditions from October 5 to 9.

    Dry conditions over northwest, west and central India

    No significant rainfall is expected over northwest, west and central India next week. These regions will remain relatively dry and clear skies are expected for most of the coming days.

    Related Articles:-

    LIC’s great scheme… Make 25 lakhs by saving just 45 rupees a day, get double bonus

    Tax on Toilet: State government imposed tax on ‘toilet’, Finance Minister Sitharaman say…

    EPFO new rule automatic EPF account transfer from old to new job


    – Advertisement –

  • NPS Rule Change: These 6 big rules related to National Pension Scheme have changed, check details immediately

    The National Pension System (NPS) has emerged as a game-changing scheme for India’s retirement planning sector, launched on January 1, 2004.

    Its main objective is to motivate individuals to make regular contributions to their pension funds during their working years, thereby ensuring a safe financial planning after retirement.

    – Advertisement –

    This scheme, jointly run by the government and the Pension Fund Regulatory and Development Authority (PFRDA), does not promise a predetermined pension amount but offers the possibility of favorable investment returns. NPS assets have achieved a compound annual growth rate (CAGR) of 37%, reaching Rs 2.76 lakh crore, mainly due to 58 lakh non-government customers who have contributed to this growth. Let us know what changes have happened in NPS recently.

    1.Tax deduction limit

    In the Union Budget 2024, Finance Minister Nirmala Sitharaman announced significant changes in the tax deduction limit for employer contributions. This adjustment increased the employer contribution benchmark from 10% to 14% of the employee’s salary. As a result, employees will now be able to get an additional deduction equal to 4% of their basic salary with respect to employer contributions to NPS. For example, an employee earning a basic monthly salary of ₹1 lakh can now avail an additional deduction of ₹4,000 every month.

    2. NPS Withdrawal

    The rules for final withdrawal from the National Pension System (NPS) have been revised in 2024. Now the subscriber is allowed to withdraw 60% of his total amount as a tax-free lump sum. The remaining 40% must be used to buy an annuity plan, which is not taxable on withdrawal but will be taxed during the annuity payment phase.

    If the total amount on retirement is more than Rs 5 lakh, 40% of the NPS corpus should be used to buy an annuity plan, this portion will not have any tax implications. However, the annuity payment will be subject to taxation depending on the income tax bracket of the individual.

    3. NPS Investment Allocation

    The investment allocation guidelines within NPS have been amended. The rule now stipulates that individuals can maintain a maximum of 75% equity exposure until the age of 60. This allows customers to take advantage of investment growth opportunities during their employment years.

    4. Equity allocation in Tier-2 NPS accounts

    The government has increased the equity allocation limit for Tier-2 NPS account holders from 75% to 100% tax-free. This adjustment enables investors to increase their exposure to equities within their Tier-2 NPS accounts, thereby potentially increasing the potential for growth.

    5. Direct Remittance (De-Remit) Service

    With the introduction of Direct Remittance (De-Remit) facility, NPS subscribers can now access same-day NVA for their investments. By signing up for a Virtual Account Number linked to their bank account, investors can avail instant NVA on their contributions through the De-Remit process. This facility offers significant benefits to NPS investors.

    6. Systematic Lump Sum Withdrawal

    From February 2024, NPS subscribers had the option to make partial withdrawals for various purposes, such as funding their children’s higher education, buying or constructing residential property, and covering medical expenses. Subscribers can opt for Systematic Lump Sum Withdrawal (SLW) to withdraw up to 60% of their NPS funds periodically between the ages of 60 and 75. The remaining amount can be used for annuity planning.

    Related Articles:-

    DA Hike: Cabinet may approve increase in DA and Dearness relief of govt employees and pensioners

    Sukanya Account New Rules: Accounts of these Sukanya holders may be closed, you must know this new rule

    2000 rupee notes: RBI released the latest update on 2000 rupee notes, check details here


    – Advertisement –