The Madras High Court noted that fixed deposits, jewellery, and other assets held in banks are considered "property" under the Maintenance and Welfare of Parents and Senior Citizens Act 2007.
EPFO announces significant changes to EDLI scheme. One of the key changes introduced is the implementation of a minimum life insurance benefit for EPF members who have recently joined and passed away within a year of service.
Maharashtra's Women and Child Welfare Minister Aditi Tatkare the total honorarium for the 8th and 9th instalments for Ladki Bahin Yojana in February and March will be Rs 3,000 (Rs 1,500 + Rs 1,500).
An NITI Aayog report revealed Kerala ranked sixth in terms of absolute numbers, reflecting the state's commitment to financial inclusion and empowerment
The Mahila Samriddhi Scheme is in line with efforts undertaken in other BJP-governed states, including the Ladli Behna Yojana in Madhya Pradesh and the Ladki Bahin Yojana in Maharashtra.
As of March 2025, gold in Dubai is priced at $887.63 per 10 grams, translating to Rs 77,281.46. In contrast, the same quantity in Mumbai costs approximately Rs 87,480, reflecting an 11.58% price advantage in Dubai.
Indian passengers are permitted to carry up to 1kg of gold, with specific duty-free allowances: 20 grams for men and 40 grams for women, with a value cap of Rs 1 lakh only in the case of a woman passenger.
The latest increase in the DA occurred in July 2024, as it rose to 53% from 50%. On March 7, 2024, the Cabinet raised the DA to 50% of basic pay from the previous rate of 46%. This announcement was made a few days before Holi on March 25, 2024.
According to tax experts, income tax officials may conduct an examination of an individual's declared expenses in comparison to their bank records, which include card transactions and cash withdrawals.
India's digital payments grew by 11.11% year-on-year as of September 2024, as per the RBI's online transaction index. The Indian payment gateway market is projected to experience substantial growth, expanding from $1.6 billion in 2024 to $3.2 billion by 2033.
Debit card: One of the key features is its lounge access program. Domestic airport lounge access is granted once per calendar quarter, while international lounge access is available twice annually.
The framework is reportedly being developed under the Employees' Provident Fund Organisation (EPFO), and once finalized, stakeholder consultations will be held to shape its implementation.
PM Kisan scheme 19th instalment: Prime Minister Narendra Modi congratulated all the farmers from across the country. He said in the six years since its inception, farmers have received Rs 3.5 lakh crore.
NSDL and CDSL, in partnership with SEBI, have introduced the Unified Investor Platform mobile app for investors to effectively oversee their portfolios in the capital markets.
Under the PM Kisan Yojana, land-holding farmer families will receive an income support of Rs 6,000 per year, distributed in three equal installments. Each instalment of Rs. 2,000 will be given every 4 months directly to the beneficiaries' bank accounts.
Approximately 10,000 millionaires have emigrated from India within the past two years. The Henley Private Wealth Migration Report 2024 predicted that 4,300 millionaires will depart from India by the end of this year, with 5,100 millionaires having relocated from the country last year.
Previously, the AAP government introduced the Mahila Samman Yojana, providing Rs 1,000 monthly to eligible women over 18 years old, with a future increase planned to Rs 2,100.
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