Investing in stocks and mutual funds helps grow your wealth and dividends are a key benefit. It’s an extra income paid by companies to shareholders. However, dividends are taxable in India. Earlier, companies paid a Dividend Distribution Tax (DDT), making dividends tax-free for investors. But since April 2020, the tax burden has shifted to investors, …
URN is commonly known as Update Request Number. It is a unique 14-digit code that UIDAI issues the moment you submit a request to change any detail on your Aadhaar card. In banking and Aadhaar-linked services, the same term is used to mean this tracking code, not a separate banking product. It works like a …
Running a small business comes with many responsibilities and one of the most important ones is tax planning. Managing taxes properly can help businesses save money, avoid penalties and keep finances stable. But tax rules can be tricky and that’s where banks come in. They offer expert advice, special accounts and easy-to-use tools to help …
If you run a business, accepting online and card payments is a must. A merchant account makes this process smooth, helping you manage transactions easily while improving cash flow. Whether you own a small shop or an online store, setting up a merchant account ensures hassle-free payments. Read on to know everything about merchant accounts, …
Ever wished managing your finances was as easy as ordering food online? That’s what Open Banking brings to the table! It allows banks to share your financial data with your consent to trusted apps. It helps in making budgeting, loan approvals and payments smoother than ever. But how does it work and what’s in it …
Retail banking is basically for people and Corporate banking is for businesses. That’s the difference between retail and corporate banking in one line. But if you’ve ever wondered why your salary account works so differently from how a company manages its finances, there’s more to it than just ‘who uses it.’ When people search for …
This article explains what Small Finance Banks are, lists all 11 SFBs operating in India in 2026, compares their savings and FD interest rates, and shows how they differ from commercial banks. India currently has 11 operating Small Finance Banks (SFBs), regulated by the Reserve Bank of India (RBI), after Fincare Small Finance Bank merged into AU Small Finance …
Investing in mutual funds is a great way to grow your money but it’s important to know the rules and fees that come with them. One key factor to consider is the exit load — a fee that some Asset Management Companies (AMCs) charge when you sell or withdraw your mutual fund units before a …
The Public Provident Fund (PPF) is a great way to save and grow your money with guaranteed returns and tax benefits. It’s a government-backed scheme that helps you build wealth over time and is completely tax-free. Read more to understand its benefits, interest rates and tax perks in a simple way. What is PPF and …
FASTag is a prepaid tag that makes toll payments quick and hassle-free. It’s linked to your car, so you don’t need cash at toll plazas, helping you travel faster. But to keep things smooth, make sure to check and maintain your FASTag balance regularly. Read on to know the steps for a FASTag balance check …
