HDFC Life and Nationwide Funds Company of India (NPCI) have collaborated to supply a primary – UPI 123PAY. It is a distinctive voice-based premium fee service that additional simplifies the premium fee course of for HDFC Life policyholders.

The Revenue Tax Appellate Tribunal on Wednesday held that 2% TDS will likely be deductible on frequent space upkeep expenses. A two member bench comprising judicial member CM Garg and accountant member Pradip Kumar Khedia noticed that the fees weren’t a part of the lease paid by an assessee firm. 

After efficiently launching the Bharat Bond ETF collection of debt index funds, Edelweiss Mutual Fund (MF) chief government Radhika Gupta has educated her sights on prospects who don’t have an investing time-frame in thoughts. “For traders who need to preserve cash for 1-3 years however don’t know precisely when they’ll redeem it, an open-ended index fund is an effective possibility,” she mentioned.

Ever heard of personal debit playing cards? Nicely, these are completely different from the common debit playing cards issued by banks to the abnormal buyer. Banks classify prospects into completely different classes primarily based on their earnings and property. Excessive-net-worth people (HNIs) fall within the higher most class and so many lenders supply them an array of premium—customized and customised—banking companies, together with using non-public debit playing cards.

As a device for mitigating credit score threat, lenders typically require people to enroll as guarantors for: enterprise loans being availed by the enterprise entity of the person; or loans being availed by family and friends of such people. People must be conscious and cognizant of the foremost authorized dangers that they’re being uncovered to by signing a assure, as summarized beneath:

My husband and I are planning to take a position the majority of our savvings in a Portfolio administration service (PMS) fund. Each of us are in our early 30s and work in salaried jobs. Our funding horizon is 3-4 years. How will we choose the suitable PMS fund?