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NPS Swasthya to launch soon? PFRDA Chairman S Ramann gives product details, timeline for release??? All we know
41+ min ago (365+ words) NPS Swasthya to launch soon? PFRDA Chairman S Ramann gives product details, timeline for release — All we know Livemint Pension Fund Regulatory and Development Authority Chairman Sivasubramanian Ramann told reporters that the PFRDA's new health-focused pension product, NPS Swasthya, is…...
A product-led investor looks for performance: Why this can be a wrong starting point when selecting an asset
24+ min ago (496+ words) Investors often begin with the investment product: which mutual fund has delivered the best returns or which asset class is performing well. But according to 1 Finance, this may be the wrong starting point. In an X post, 1 Finance highlighted the…...
5 hidden costs of looking rich: What is showing off your latest phone and expensive car really costing you?
51+ min ago (472+ words) The new phone gets noticed at work. The expensive dinner looks lovely on Instagram. The bigger car earns compliments from neighbours. But once the attention fades, the payments and expectations remain. Looking rich can become a habit that shapes everyday…...
???5 lakh health claim rejected over waiting period: Why Mumbai consumer forum backed policyholder
2+ hour, 29+ min ago (608+ words) In a significant ruling for health insurance policyholders, a consumer forum has held that insurers cannot mechanically invoke a waiting-period clause to reject a claim unless they can establish that the illness was pre-existing. The Mumbai Suburban District Consumer Disputes…...
EPFO: What is Form 10C? Documents required for pension benefit claim, explained
1+ hour, 35+ min ago (118+ words) Employees Provident Fund: The EPFO provides pension benefits for subscribers with over 10 years of service. Today we explain the use of Form 10C to initiate claims online, withdraw your pension or obtain a scheme certificate. At time of retirement (58 years of…...
5 lessons from Morgan Housel's The Psychology of Money: Why your financial intelligence doesn???t matter
2+ hour, 33+ min ago (445+ words) Your salary has increased, yet saving still feels difficult. A friend earns less but seems more financially secure. Why does this happen? Morgan Housel's The Psychology of Money, released in September 2020, explores how behaviour shapes financial decisions. Knowing calculations helps....
DA news: Full list of states that have announced dearness allowance hikes, payment of arrears for employees so far
3+ hour, 12+ min ago (302+ words) Updated biannually using data from the All-India Consumer Price Index (AICPI), dearness allowance (DA) is a percentage of employees' basic pay that aims to mitigate the inflation impact and rising cost of living. New announcements usually come in March and…...
8th pay commission: Demand for minimum pension on progressive age-based enhancement up to 100% of LPD, explained
4+ hour, 7+ min ago (423+ words) Constituted every 10 years, the 8th central pay commission (CPC), is currently in its consultation stage. During this process, it is meeting with various employee and pensioner associations, federations, groups, representatives, unions and other stakeholders at scheduled state visits and meetings across…...
Tatkal NPS goes live on BHIM app: How to open an account in 3 steps, minimum contribution and eligible banks
4+ hour, 14+ min ago (391+ words) The Pension Fund Regulatory and Development Authority (PFRDA) has announced the launch of Tatkal NPS on the BHIM Payments App, allowing eligible bank customers to open a National Pension System (NPS) account directly through the app. The regulator made the…...
Why your SIP may not be delivering the returns you expect: Mistakes that mutual fund investors should avoid
6+ hour, 10+ min ago (683+ words) A systematic investment plan (SIP) allows individuals to invest a fixed amount in mutual funds at regular intervals. However, just because you are putting money in one or multiple funds every month does not mean your investments will deliver the…...