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News (Retirement)

Number Of HNWIs Grew By 5.1% Globally, India 12.2%, Says Report; Learn How Biases Influence Investment Decisions

BY Outlook Money

EPFO launched digital life certificates (DLCs) in 2015 for the convenience of EPS pensioners. Read More about Digital Certificate. : Use Of Facial Authentication Technology By EPS Pensioners Grow

Digital Life Certificates: Use Of Facial Authentication Technology By EPS Pensioners Sees 200% YoY Growth

BY Outlook Money

Here are the details of the financial deadlines and rules effective in June. : New Rules And Financial Deadlines Effective In June 2024

New Rules And Financial Deadlines Effective In June 2024: All You Need To Know

BY Outlook Money

The Reserve Bank of India (RBI) has kept the repo rate unchanged for the eighth time in a row, so what does it mean for seniors? : RBI Repo Rate Unchanged: Should You Lock Your Money In FDs?

RBI Repo Rate Unchanged: Should You Lock Your Money In FDs Now Or Wait?

Reserve Bank of India (RBI) Governor Shaktikanta Das announced setting up a digital payments intelligence platform to target fraudsters. : RBI Digital Payments Intelligence Platform Will Target Crimes

RBI’s Digital Payments Intelligence Platform Will Target Financial Crimes: What You Should Know

The portfolio value must be less than Rs 10 lakh for all securities (debt or non-debt) at any point to stay eligible for Basic Service Demat Account. : Basic Service Demat Account Limit Increased To Rs 10 Lakh

Basic Service Demat Account Limit Increased To Rs 10 Lakh: How This Sebi Rule Helps Seniors

BY Outlook Money

Over the last few years, grants under the IPSrC for old-age homes have reduced from Rs 12,258.27 lakh in 2020-21 to Rs 7,231.38 lakh in 2022-23. : Old-Age Homes For Destitute And Seniors In Delhi May Multiply

Old-Age Homes For Destitute And Seniors Without Family Support In Delhi May Get A Boost After This HC Order

BY Outlook Money

The Employees’ Provident Fund Organisation (EPFO) has recently made several changes to the rules governing the EPF claim process : EPF Claim Process Made Easy With Recent Rule Changes

EPF Claim Process Made Easy With Recent Rule Changes: All You Need To Know

BY Outlook Money

As the Lok Sabha election results trickled in and the fate of the caretaker BJP-led government hung in the balance, the stock market tanked in the early session on June 4, but gold prices surged. : Gold Prices Surge Amid Election Results: Check SGB Tranches

Gold Prices Surge After Mixed Election Results: Check SGB Tranches Due For Early Redemption In June

BY Outlook Money

UPI restricts daily transactions to Rs 1 lakh, but can this limit be increased? Learn more about UPI Transactions : UPI Daily Transaction Limit: Can It Be Increased?

UPI Daily Transaction Limit: Can It Be Increased?

BY Outlook Money

The uncertainty and anxiety over which way the national election results will swing has wreaked havoc on the stock market. : Election Anxiety Drags Down: Should You Churn Your Portfolio?

Election Result Anxiety Drags Markets Down: Should You Churn Your Retirement Portfolio?

Retirement gratuity and death gratuity depend on the last basic pay drawn and the length of service rendered by the employee. : Retirement, Death Gratuity Raised; Check Details

Good News For Central Govt Employees! Retirement, Death Gratuity Raised; Check Details

BY Outlook Money

June is also the quarter-end, and there are some important financial deadlines that one should keep note of. : 3 Financial Deadlines In June 2024 Seniors Should Not Ignore

3 Financial Deadlines In June 2024 Seniors Should Not Ignore

BY Outlook Money

Banking frauds have increased nearly three times in the last one year, though the amount involved has declined to almost half. : RBI Annual Report: Banking Frauds Increased Almost Three Times

RBI Annual Report: Banking Frauds Increased Almost Three Times Y-O-Y In 2023-24

BY Outlook Money

The IRDAI revoked 55 previously issued circulars and has issued a master circular providing strict timelines for cashless claims : Insurers to decide Cashless Approval in 1 Hour of Claims Request

Health Insurers To Decide On Cashless Authorisation Within One Hour Of Claim Request: IRDAI

The Reserve Bank of India has launched a mobile application to make investing in G-secs easier for investors : RBI Launches Mobile App For Retail Direct Portal

RBI Launches Mobile App For Retail Direct Portal, Here’s How It Works

BY Outlook Money

Many social media influencers offer financial and investment advice, Known as Finfluencers, Read SEBIs recent developments : Sebi’s Red Flag On ‘Manipulative’ Finfluencers – Know More

Sebi’s Red Flag On ‘Manipulative’ Finfluencers – What You Should Know

BY Outlook Money

Maharashtra has the highest number of real estate projects (45,245) registered with Real Estate Regulatory Authority, followed by Tamil Nadu. : Maharashtra Real Estate Regulatory Authority’s New Rules

Maharashtra Real Estate Regulatory Authority’s New Rules For Retirement Homes—All You Need To Know

BY Outlook Money

EPFO has added a net of around 14.41 lakh members in March 2024, as per the data released by the labour ministry data on May 20, 2024. : A Net Addition Of 14.41 Lakh Members In March 2024: EPFO Data

A Net Addition Of 14.41 Lakh Members In March 2024, Around 7.47 Lakh New Members Enrolled: EPFO Data

The EPFO has relaxed its EPF settlement rules to allow nominees to make death claims even if the subscriber account isnt linked with aadhar : EPF Settlement Without Aadhaar After Death Is temporary solution

EPF Settlement Without Aadhaar After Death Is A Temporary Measure, Says EPFO; What Are The Riders?

BY Outlook Money

Mogulaiah’s (Padma Shree Talent) abrupt descent into financial ruin was his lack of financial literacy. Read More. : Padma Shri Awardee, With Special Musical Talent, Becomes Broke

Padma Shri Awardee, With Special Musical Talent, Becomes Broke And Now A Daily Wager: Financial Lessons Learned

The current supply of senior housing units is just one per cent, of the total demand; the market is expected to grow five times by 2030. : India’s Tier II Cities Housing Market Expected To Grow 5 Times

India’s Tier II Cities See A Spike In Senior Housing Demand; Market Expects To Grow 5 Times By 2030: Report

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The EPFO has extended and Speed up auto claim solution to the claims related to various purposes. Read more about the working and additions. : EPFO Speeds Up Claims, Adds Education, Marriage, Housing

EPFO Fast Tracks Claim Settlement, Extends Auto Claim Solution To Education, Marriage, And Housing Purpose

A district consumer forum has imposed a Rs 50,000 penalty on India Post for failing to pay interest to a customer on his PPF Contributions. : District consumer forum Penalizes India Post For Hidden Interest

District Consumer Forum Imposes Penalty Of Rs 50,000 On Postal Department For Withholding Interest In PPF

The elderly population in Urban India often struggles to visit doctors regularly because of financial and other constraints, says study. : Around 50% Of Elderly In Urban India Do Not Visit Doctors; Report

Around 50% Of Elderly In Urban India Do Not Visit Doctors Due To Financial Constraints, Says Study

The Karnataka High Court has declared the inclusion of foreign workers in the provident fund scheme as “unconstitutional and arbitrary”. : Karnataka HC Rules Inclusion Of Immigrants In Provident Fund

Karnataka HC Rules Inclusion Of Foreign Workers In Provident Fund ‘Unconstitutional’; EPFO Evaluates

The Pension Fund Regulatory and Development Authority (PFRDA) has provided access to all three CRA for APY subscribers. : APY Subscribers Can Choose From All Three CRAs: PFRDA

Atal Pension Yojana (APY) Subscribers Can Choose From All Three CRAs: PFRDA

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The beneficiaries of the YSR Pension Kanuka scheme receive a monthly pension of Rs 2,250, where the physically-challenged receive Rs.3,000 : What Is Kanuka Pension Scheme And Why Is It Making Headlines?

What Is Kanuka Pension Scheme And Why Is It Making Headlines?

BY Outlook Money

Sovereign Gold Bond (SGB) is a government-backed investment scheme offering fixed interest and an opportunity to earn more until maturity. : 8 SGBs Tranches Due For Premature Redemption In May 2024

8 Sovereign Gold Bond (SGB) Tranches Due For Premature Redemption In May 2024, Know Details

BY Outlook Money

Telegram, with 7,92,883 phishing hits, topped the list of most exploited social media platforms worldwide, followed by Facebook and Whatsapp. : India Ranks Third Globally For Phishing Attacks On Social Media

India Ranks Third Globally For Phishing Attacks; Telegram Most Exploited Social Media Platform: Report

Nearly 49 lakh or 75 per cent of over 65 lakh welfare pensioners in Andhra Pradesh will receive their pensions through the DTB mode on May 1. : Disburse Pensions Using DBT Mode When MCC Is In Force; EC

Disburse Pensions Using DBT Mode When MCC Is In Force, EC Tells Andhra Pradesh Govt

As per income tax rules, linking PAN and Aadhaar card is mandatory, failing which will attract double the standard rate of TDS deduction. : PAN-Aadhaar Linking Deadline Ends On May 31

PAN-Aadhaar Linking Deadline Ends On May 31: Here’s What The Income Tax Department’s Latest Circular Says

BY Outlook Money

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