Tag: details

  • LIC’s superhit scheme! Deposit 45 rupees every day and get Rs. 25,00,000 – Details

    Life Insurance Corporation of India affords insurance policies for every class. LIC schemes can be found for everybody from youngsters to the aged. These insurance policies assure you safety and returns.(*45*)

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    Also, in lots of of those, you may accumulate a big fund by investing small quantities. One such scheme is LIC’s Jeevan Anand coverage, in which you’ll be able to get Rs 25 lakh by saving simply Rs 45 per day.(*45*)

    Jeevan Anand Policy (LIC Jeevan Anand) generally is a nice possibility if you wish to earn large earnings at low premium. In a approach it will also be referred to as a time period coverage. You pays the premium on this scheme until the completion of the coverage. Also, on this coverage you may get a number of maturity advantages underneath one scheme. Whereas in Jeevan Anand Policy, a sum assured of Rs 1 lakh is given, whereas there isn’t any restrict on the utmost.(*45*)

    Also Read: Delhi Metro reschedules metro prepare companies as a result of voting on May 25(*45*)

    Get 25 lakhs by depositing 45 rupees

    Under LIC Jeevan Anand Policy, it can save you about 45 rupees every day and get 25 lakh rupees by depositing 1358 rupees monthly. However, you’ll have to deposit this quantity every month for a long run. Its coverage time period is 15 to 35 years, that’s, in the event you make investments for 35 years by saving 45 rupees every day underneath this coverage, then on maturity of this coverage you’ll get an quantity of 25 lakh rupees. If you have a look at the quantity saved by you on an annual foundation, it is going to be round 16,300 rupees.(*45*)

    What will you get on investing for 35 years?

    If you make investments Rs 1358 every month, then Rs 16,300 will likely be deposited in a yr. In this manner, the overall quantity invested in 35 years will likely be Rs 5,70,500. However, in the event you make investments for 35 years, you’ll get a sum assured of Rs 5 lakh, with which after the maturity interval, you’ll be given a revisionary bonus of Rs 8.60 lakh and a remaining bonus of Rs 11.50 lakh added to this quantity. Bonus is given twice in LIC’s Jeevan Anand coverage, however for this your coverage have to be for 15 years.(*45*)

    What are the advantages of this coverage?

    Policyholders taking Jeevan Anand coverage don’t get any form of tax exemption underneath this scheme, however you get 4 kinds of riders in it. These embrace Accidental Death and Disability Rider, Accident Benefit Rider, New Term Insurance Rider and New Critical Benefit Rider. In loss of life profit, the nominee will get 125 % loss of life good thing about the coverage.(*45*)

    (*45*)

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  • EPFO Rule Changed: You will get Rs 1,00,000 from EPF in three day, read in details

    EPFO : EPFO ​​has now made it simpler than earlier than to withdraw cash from EPF. Now EPF subscribers can withdraw Rs 1,00,000 from the account in simply 3 days.

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    This complete cash will come to the subscribers’ checking account inside three days. EPFO instructed about these emergencies in which subscribers can withdraw advance cash from EPF. Till now, you might withdraw cash solely in case of medical emergency, however now you’ll be able to withdraw advance from EPF for the wedding of youngsters, sister or brother, buy of a home and so forth.

    EPFO brings auto mode settlement – ​​cash will come to checking account in simply 3 days

    In auto-mode settlement, staff can withdraw cash from their EPF on the time of emergency. EPFO permits its subscribers to withdraw cash from their fund in some sorts of emergencies. This contains sickness, training, marriage and shopping for a home. This implies that the subscriber can withdraw advance cash from his account in any one among these conditions. Auto mode for declare settlement was began in April 2020 itself. But, then you might withdraw cash solely on the time of sickness, however now you’ll be able to withdraw cash from EPF for sickness, training, marriage and shopping for a home additionally.

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    EPFO elevated the restrict of advance quantity

    EPFO has additionally elevated the restrict for advance. Earlier this restrict was Rs 50,000. Now it has turn into Rs 1 lakh. The work of withdrawing advance will be finished via auto settlement mode laptop. There will be no want for any officer in this. In this, the cash will come to the subscriber’s checking account in about three-four days. Generally, some paperwork are checked for declare settlement in EPFO. This contains KYC, eligibility of declare request, checking account details. If the data given by a subscriber is discovered to be appropriate then the declare is processed shortly in auto mode.

    This is how one can apply for advance from EPF

    First of all it’s important to log in to the EPFO ​​portal. For this UAN and password are obligatory. After logging in, it’s important to go to ‘Online Services’. Then the declare part needs to be chosen. You will should confirm your checking account. Advance cash will come into this checking account. You must add a scanned copy of your checking account test or a scanned copy of passbook. You have to inform why you wish to take advance cash. Apart from sickness and training, you’ll be able to take cash in advance for the wedding of your self, daughter, son or brother. You should generate Aadhaar based mostly OTP. Once the declare is processed, it will be despatched to the employer for approval. If you want, you’ll be able to test the standing of the declare by figuring out the web service.

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  • Children will get pension every month for 25 years -Details

    New Delhi: Employees Provident Fund Organization i.e. EPFO ​​runs a pension scheme for staff which is known as EPS-1995. Employees Pension Scheme 1995 may be very helpful. It helps a household financially in tough instances.

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    If a member investing in EPFO ​​dies resulting from any motive, then the household doesn’t should face monetary issues. Under this scheme, in case of loss of life of the worker, his household will get many advantages. In this text we’re going to provide you with full details about it.

    What is out there below the EPS 1995 Scheme?

    Let us let you know that if a pensioner dies, 50% of his pension is given to his widow/widower. Under the EPS 1995 scheme, in case of loss of life of an worker throughout service, his spouse/husband is given a minimal pension of ₹ 1000 per month. Apart from this, youngsters of the deceased member can even get the good thing about youngsters pension until the age of 25 years. Which is known as Child Pension Scheme. However, it has some circumstances. Let us find out about it…

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    Apart from husband or spouse, two youngsters will additionally get pension.

    First of all, know that on the loss of life of an EPFO ​​member, his partner all the time will get pension. Along with this, his two youngsters additionally get pension. They get this pension till they attain the age of 25 years. If the member who has died has greater than 2 youngsters and the primary baby is above 25 years, then there are guidelines for this additionally.

    For instance, if this pension is given to the primary two youngsters of a member, then when the eldest baby turns 25, pension will be given to the second and third youngsters. Whereas when the second baby turns 25, the good thing about pension will be given to the third and fourth youngsters. In this fashion all the youngsters will get pension. 

    Child pension 25% of widow pension quantity

    Let us let you know that the quantity of every baby pension is 25% of the quantity of widow pension. This implies that if a pension of Rs 1000 is being given to the spouse/husband of the deceased member, then every of their youngsters will get a pension of Rs 250. If any baby of the member is totally or completely disabled, then in such a scenario he’s given pension for life.

    How to do EPFO/EPS nomination on-line?

    • Go to EPFO ​​web site >> Services >> Click on For Employees choice >> Then click on on Member UAN/Online Service.
    • Login by coming into your UAN and password.
    • There “Manage” tab will seem, choose “E-nomination” from it.
    • Now a tab with “Provide Details” will seem in your display.
    • Click on “Yes” to replace your loved ones particulars right here.
    • To add greater than two nominees who will obtain pension cash, click on on “Add Family Details”
    • Click on “Nomination Details” to know who will get how a lot cash below this scheme. Then click on on “Save EPF Nomination”
    • To generate OTP, click on on E-sign. 
    • After this, fill the OTP that will come on the cell quantity linked to your Aadhaar and submit it.

    Also Read: Voter Slip (*25*) – How To (*25*) Voter Slip?

    In this fashion your E-nomination will be registered in EPFO. After which you will not want every other doc. If you need extra details about this, you possibly can go to EPFO ​​web site or contact your nearest EPFO ​​workplace. Can.

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  • Google’s I/O highlights: Adding AI in Searches and products using Gemini [details]

    Google I/O 2024

    Google I/O 2024Google I/O Official Website

    At Google I/O 2024, the annual developer conference held on May 14, 2024, the company shared how it was “building more helpful products and features with AI—including improvements across Search, Workspace, Photos, Android and more.”

    A main focus was on the power of Gemini’s evolving core AI model—”with multimodality, long context and agents, it brings us closer to our ultimate goal: making AI helpful for everyone.” The AI model is designed to “reason across text, images, video and code.”

    With an estimated 2-billion user products now using Gemini, this advancing AI formed the basis for many new developments that were announced by Google at the I/O Conference.

    Sundar Pichai

    CEO Sundar Pichai at the Google I/O Developer Conference, 2024Google I/O Official Website

    What were the major announcements?

    On the Defining AI: On the actual AI model, Gemini 1.5 Pro improvements and the new 1.5 Flash model (a new light model optimized for tasks where low latency and cost matter) include a series of “quality improvements across key use cases, such as translation, coding, reasoning” in order to process a wider range of more complex tasks. For instance, it “can make sense of multiple large documents, up to 1,500-pages total, or summarize 100 emails. Soon it will be able to handle an hour of video content or codebases with more than 30,000 lines.” Gemini 1.5 Pro will be available to Gemini Advanced subscribers in more than 150 countries and over 35 languages.

    For its Generative Media advancements, ‘Image FX’, ‘Music FX’ have new updates with ‘Video FX’ models and tools being introduced using ‘Veo’. This tool generates high-quality videos that “closely represents a user’s creative vision — accurately capturing a prompt’s tone” and its details.

    Learning & Education: ‘LearnLM’ is an advanced model for “learning, and grounded in educational research to make teaching and learning experiences more active, personal and engaging.” This will be available across Google’s products i.e. the Search engine, Gemini chat, Android and Youtube. For instance, a new pilot program in Google Classroom works directly with educators to “simplify and improve the process of lesson planning — a critical, but time-consuming component of teaching.”

    Photos: With ‘Ask Photos’, users can request and search for photos directly in a “natural way” by using direct and descriptive questions for the system to process. “Google Photos can show you what you need, saving you from all that scrolling.” It can also use the AI to generate a sequence of topic/subject related images.

    Workspace: The new features in the Gmail app will be rolled out over the next couple of months. First, it will allow for summarizing emails by analysing email threads. Next, Gemini in Gmail will offer “Contextual Smart Reply, you can edit or simply send as-is.” There is also a new capability which allows users to write in more languages, “with automatic language detection and real-time translated captions in more than 60 languages to help people around the world connect.”

    Search Engine: Bringing “together Gemini’s advanced capabilities — including multi-step reasoning, planning and multimodality” with “best-in-class Search systems”, the use of the ‘AI Overviews’ functionality has been expanded. By creating an AI-organized results page, it will allow for greater clarity in searches, with “options to simplify the language or break it down in more detail.” With its roll out soon, it is expected to reach over a billion people by the end of the year.

    Android: As the new AI assistant, Google has incorporated Gemini models into Android, “which processes text, images, audio, and speech to unlock new experiences while keeping information private.” These will reflect the advanced AI specifications and capabilities of the Gemini technology.

    More tangible outputs in the future?

    All these I/O 2024 developments are based on a “longer context window, new data analysis capabilities, connections to additional Google apps and more customizable options” aimed at a more intelligent and ‘natural’ experience. However, many of the announced capabilities are either yet to be rolled out across Google’s customer bases or their key features are limited to Gemini Advanced users.

    Therefore, the coming months will be the true test for the effectiveness and success of such advancements. This period will also reveal how the evolving Gemini models stand up against other similar and competing technologies which are also being rolled out in the AI sphere.

  • Dyson WashG1 can clean dry & wet mess in one sweep; India launch soon [details]

    Dyson Unveils WashG1Dyson

    Dyson has unveiled its latest floorcare technology, once again bringing a new way to enhance home cleaning routines. Dyson WashG1 is designed to tackle both wet and dry debris in one go, delivering a hygienic clean on hard floors, even across large spaces. Addressing a major challenge of wireless vacuum cleaner, the WashG1 comes with a 1-liter clean-water tank capable of covering flooring up to 290m². The machine combines hydration, absorption, and extraction technologies to automatically separate and remove wet and dry debris for a more hygienic cleaning experience.

    Speaking about the new product, Charlie Park, Vice President of Dyson Home Engineering at Dyson, emphasized the significance of the WashG1’s development, stating, “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.”

    Park further explained that the WashG1 is Dyson’s response to the unfulfilled expectations surrounding traditional wet floor cleaning methods.

    WashG1’s notable features

    Dyson WashG1 features highly absorbent, counter-rotating rollers equipped with a pulse-modulated pump that evenly distributes water across 26 hydration points. Each roller, made of a microfiber with 64,800 filaments per cm², absorbs liquid spills while effectively trapping dry dirt, debris, and hair.

    Dyson’s unique separation technology ensures hygienic maintenance by dividing debris and dirty water at the source, with no-touch disposal facilitated by extraction plates and removable debris trays.

    Dyson Unveils WashG1

    Dyson Unveils WashG1IBT

    Additionally, the WashG1 offers customized hydration control, allowing users to select the level of hydration based on debris type, flooring, or personal preference. The machine also features edge-to-edge cleaning capabilities and optimized maneuverability for thorough cleaning even in hard-to-reach areas.

    Looking at the design fo the WashG1, it looks a lot comfortable than Dyson’s own V12s Detect Slim Submarine. By putting the weight at the bottom and no mechanism, except for the controls at the handle, users can easily handle the WashG1, even while reaching tricky spots. 

    With its advanced technology and user-friendly design, the Dyson WashG1 is a remarkable product for homeowners, offering a convenient and hygienic solution for maintaining clean and pristine hard floors.

    Dyson hasn’t revealed WashG1’s pricing for India, but we’re told an official launch is expected soon.

  • Apple all set to unveil new iPads as Indian tablet market booms [details]

    Apple iPad

    Apple iPad 2022IANS

    As Apple gears up to unveil its latest iPads, the Indian tablet market shows no signs of slowing down. Apple is expected to launch the iPad Pro models in 11.1-inch and 12.9-inch sizes with OLED displays for the first time, which marks a significant shift and a strategic move seeing the demand for OLED tablets in the market.

    According to CyberMedia Research’s (CMR) Q1 2024 report, there was impressive 8% quarter-on-quarter growth, fueled by soaring demand for 5G tablets. Though Samsung led with a 37% market share in the said quarter, Apple followed closely at 21%, while Lenovo and Xiaomi also made notable strides.

    While Samsung held on to the top position with 37% market share, with the success of popular models like the Tab A7 Lite and Galaxy Tab A9 Plus and strong B2B deals, Apple secured a solid 21% share, primarily due to the success of its Apple iPad 10 and 9 Series, CMR report added.

    Samsung Galaxy Tab A7 Lite review

    Samsung Galaxy Tab A7 LiteIBTimes/Sami Khan

    The premium tablet segment witnesses a significant 47% QoQ surge, signaling a shift towards high-end devices. Apple can tap into this potential with the launch of its new iPads. Despite the 5G wave, Wi-Fi tablets maintain a dominant 52% market share, which makes Wi-Fi tablets relevant even today, at least in the first quarter of 2024.

    “The rapid rollout of 5G infrastructure and the increasing availability of 5G-enabled tablets are fueling a consumer desire for future-proofing themselves with 5G tablets. This, combined with the presence of feature-rich tablets across price-points is propelling tablets to become pivotal tools in consumers’ lives. Even amidst economic challenges, the Indian tablet market has shown remarkable resilience, suggesting strong potential for continued growth,” said Menka Kumari, Analyst – Industry Intelligence Group (IIG), CyberMedia Research (CMR).

    Looking ahead, CMR forecasts a steady 5–10% growth for the tablet market in 2024, driven by technological advancements such as faster processors and widespread 5G adoption. The potential introduction of premium tablets featuring OLED displays is expected to further propel market expansion. Considering Apple is going to launch the new iPads with OLED panels, the timing couldn’t be perfect to scale up from second to first.

    “With smartphone brands focusing on the tablet PC market, we foresee intensified competition and innovation, reshaping the Tablet market with more diverse and feature-rich options for consumers. The potential debut of premium tablets with OLED displays will further fuel the growth momentum of the premium segment. We also anticipate that government and education initiatives following the general elections might provide a significant boost to the market,” Menka further added.

  • Samsung leads globally in Q1 2024 smartphone market; Xiaomi wins big [details]

    Indian smartphone users have to wait till 2024 for 5G

    Global smartphone market up 6 per cent in Q1, revenue at highest level: ReportIANS

    The global smartphone market witnessed a significant shift in the first quarter of 2024, with Samsung taking the lead from Apple to become the top player. According to a report by Counterpoint Research, the global smartphone market grew by 6% year-on-year to reach 296.9 million unit shipments in the first quarter of 2024. Samsung managed to secure a 20% shipment share, marking a significant milestone in the competitive landscape of the smartphone industry.

    The growth in the global smartphone market was primarily driven by strong performance in key regions such as Europe, Middle East and Africa (MEA), Caribbean and Latin America (CALA), and India. The Indian market, in particular, saw growth due to healthy inventory levels exiting 2023. However, the mature markets of North America and Japan experienced a decline relative to the same period in 2023, as noted by senior analyst Prachir Singh.

    Apple, on the other hand, witnessed a 13% year-on-year decline in shipments, primarily due to high inventory build-up during the last quarter. Despite the decline in shipments, the brand’s average selling price (ASP) grew by 2% year-on-year, indicating a shift in consumer preference towards higher-priced models.

    Emerging Trends and Key Players

    Among the top five original equipment manufacturers (OEMs), Xiaomi stood out with the fastest revenue growth, thanks to its strong performance in key markets. This growth is a testament to the brand’s strategic focus on product innovation and market expansion.

    Redmi 10 Prime with 50MP quad cameras, 6000mAh battery launched in India

    Xiaomi India

    Research director Jeff Fieldhack pointed out several factors that weighed on iPhone’s performance. These included tough competition in China, record low upgrades in the US, and a difficult comparison from the previous year due to the supply of iPhone 14 Pro shifting to Q1 2023.

    Samsung’s rise to the top spot was driven by the early refresh of the Galaxy-A-series and the strong performance of the Galaxy S24 series. The company also reached its highest-ever ASP during the quarter, further solidifying its position in the market.

    The Rise of GenAI and Future Projections

    The report also highlighted the emergence of GenAI-capable smartphones, with more than 10 OEMs launching over 30 such devices. Counterpoint Research estimates that GenAI’s share of overall smartphone shipments will reach 11% in 2024, indicating a growing trend towards AI-enabled devices.

    The global smartphone revenues also saw a 7% growth in Q1 2024, reaching the highest-ever level for the first quarter of the year. This growth underscores the increasing consumer spending on smartphones and the growing importance of the smartphone industry in the global economy.

    In the past, similar shifts in market leadership have occurred, reflecting the dynamic nature of the smartphone industry. For instance, Nokia was once the undisputed leader in the mobile phone market before being dethroned by Apple and Samsung. The current shift in market leadership underscores the importance of continuous innovation and adaptability in the highly competitive smartphone market.

    The first quarter of 2024 marked a significant shift in the global smartphone market, with Samsung dethroning Apple to become the top player. The growth in the market was driven by strong performance in key regions and the emergence of GenAI-capable smartphones. However, the dynamic nature of the smartphone market means that manufacturers must continue to innovate and adapt to maintain their market positions. As the industry continues to evolve, it will be interesting to see how these trends develop and what new innovations will shape the future of the global smartphone market.

  • Tax Savings: Senior citizens can avail tax exemption up to ₹ 1.5 lakh, Check Scheme Complete Details

    Tax Savings in FY25, SCSS: The goal of SCSS is to present a daily revenue to senior citizens after retirement. In this scheme, taxpayers can declare tax deduction on deposits up to Rs 1.5 lakh yearly beneath Section 80C.

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    Tax Savings in FY25, SCSS: Government Scheme Senior Citizen Savings Scheme (SCSS) is a greater scheme for tax financial savings of senior citizens. This scheme is for Indian citizens above 60 years of age. The goal of SCSS is to present a daily revenue to senior citizens after retirement. Under the scheme, taxpayers can declare tax deduction by depositing up to Rs 1.5 lakh yearly beneath Section 80C. Let us let you know, at present there are two forms of tax regimes within the nation. New tax regime and previous tax regime. Tax deduction of part 80C can be claimed solely within the previous tax regime.

    SCSS is offered in authorities/non-public sector banks and publish workplaces. Being a authorities scheme, the returns on it are assured. The deposit quantity matures after 5 years from the date of opening of SCSS account, however this tenure can be prolonged solely as soon as for 3 extra years. From January 1, 2024, this scheme is providing 8.2 p.c curiosity yearly.

    Under SCSS, curiosity is paid each three months, guaranteeing maturity of your funding. Interest shall be credited on the primary day of each April, July, October and January.

    SCSS: How a lot tax shall be saved?

    SCSS has a greater tax exemption scheme. Tax exemption can be claimed beneath Section 80C of the Income Tax Act, 1961 on annual deposits up to Rs 1.5 lakh in SCSS. Tax legal responsibility on curiosity acquired on SCSS shall be as per the tax slab relevant to people. If the curiosity revenue in a monetary yr is greater than Rs 50,000, then Tax Deducted at Source (TDS) shall be deducted. Investment in SCSS is relevant from 2020-21 onwards until TDS deduction. If the curiosity revenue doesn’t exceed the prescribed restrict, then you definitely can get reduction from TDS by submitting Form 15G/15H.

    Where will the account be opened, what’s the most deposit?

    The minimal deposit in SCSS is Rs 1,000. Whereas most Rs 30 lakh can be deposited. Senior Citizen Savings Scheme account can be opened in any licensed financial institution of the nation or in all Indian publish workplaces. For this, the account opening type can have to be crammed and submitted together with the copy of KYC doc, which incorporates passport dimension {photograph} together with id card, deal with proof and age proof.

    Under SCSS, an individual aged 60 years or extra can open an account. If somebody is 55 years or extra however lower than 60 years and has taken VRS, then he can additionally open an account in SCSS. But the situation is that he can have to open this account inside one month of receiving the retirement advantages and the quantity deposited in it shouldn’t be greater than the quantity of retirement advantages.

    Know mature and pre-mature guidelines

    Please notice that SCSS account shall be closed in case of loss of life of the account holder earlier than maturity and all of the matured revenue shall be transferred to the authorized inheritor/nominee. For loss of life declare, the nominee or authorized inheritor can have to submit a written utility within the prescribed format together with the loss of life certificates to facilitate account closure.

    Nomination facility is offered on the time of opening and shutting of accounts in Senior Citizen Savings Schemes. This account can be transferred from one publish workplace to one other. In this the account holder can do untimely closure. But no curiosity shall be given if the publish workplace account is closed inside 1 yr of opening. If curiosity has been paid, it will likely be recovered from the principal quantity. On closing the account after 1 yr and earlier than 2 years, 1.5 p.c of the deposit shall be deducted. Whereas if the account is closed after 2 years of opening and earlier than 5 years, 1 p.c of the deposit quantity shall be deducted from the principal quantity.

    Delhi property price: 5 costliest areas of Delhi, know the worth of a home/flat right here

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  • RBI New Action: Big news! Now RBI has canceled the license of this bank, see details soon

    RBI New Action: On April 29, RBI has taken an enormous motion in opposition to an NBFC. The Central Bank has canceled its license. Know which financial institution this is.

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    The Reserve Bank of India (RBI) retains a strict watch on all the banks of the nation. If any financial institution doesn’t observe the guidelines of RBI, then strict motion is taken in opposition to it (RBI Action). In this sequence, at the moment RBI canceled the registration certificates of an NBFC.

    The license of Acemoney (India) Limited has been canceled by RBI. RBI mentioned that it has canceled the license attributable to irregular mortgage apply underneath Section 45- IA (6).

    RBI mentioned in a launch that the central financial institution has canceled the firm’s license as a result of it was violating the RBI pointers on administration of threat in outsourcing of monetary companies in its digital mortgage operations performed by third social gathering apps. .

    The launch mentioned that the firm was additionally not following current guidelines associated to charging extreme curiosity and making certain confidentiality of buyer data.

    It could also be famous that the Certificate of Registration was issued to Acemoney India Limited on 21 February 2017.

    FD Rates: These banks are giving 9% curiosity to buyers on Fixed Deposit, verify financial institution listing

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