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The rate of interest charged on loan taken by the subscriber of a PPF account on or after 12 December 2019 shall be 1% more than the prevailing interest on PPF. Public Provident Fund Scheme, 2019 has reduced the interest spread to 1 (one) percent from an earlier spread of 2 percent.
Each year, it is co-hosted by a different member institution in a different region of the world. As of November 2023, AFI had 86 member institutions [2] from over 80 countries, making the AFI GPF the most important and comprehensive forum for regulatory institutions with an interest in promoting financial inclusion policy. The AFI GPF is ...
National Pension System Trust (NPS Trust) was established by PFRDA as per the provisions of the Indian Trusts Act of 1882 to take care of the assets and funds under this scheme for the best interest of the subscriber. [2]
The earlier you buy your annuity and the longer you defer, the more interest it builds. This allows you to have higher monthly payments when it comes time to cash out your annuity. Deferred ...
In March 2022, the EPFO lowered the interest rate of 8.10% for the fiscal year of 2021-22. On 30 August 2022, EPFO proposed to remove the restrictions on the wage ceiling and headcount to allow all formal workers and self-employed to enrol in its retirement saving schemes. [10]
The current average interest rate for a 30-year fixed mortgage is 6.91% for purchase and 6.83% for refinance, down 12 basis points from 7.03% for purchase and 6.99% for refinance last Tuesday.
Meanwhile, of the 31,430 women enrolled in the WTCHP, 24.16%, or 3,540, have been diagnosed with breast cancer — also a rate substantially higher than the national average for women, which is ...
As per an analysis by the Revenue Department, 91.7% of tax filers (about 5.3 crore out of 5.78 crore tax filers) claimed a cumulative deduction (Sec 80 (C) + Sec 80 (D) + NPS + Loan Interest Repayment + Standard Deduction + others) of less than ₹2 lakh and less than 1 per cent of all tax filers (nearly 3.7 lakh) claimed deductions of over Rs ...