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Blockchain technology brought together the security of cryptography and the accessibility of the Internet and promised to revolutionize the way the world conducts financial transactions. Central banks and other intermediaries such as banks would not be necessary, and the information would be stored securely, preventing other users from adding, deleting or modifying it. Still, the …
Term life insurance is a crucial step in ensuring the financial well-being of your family members when they can’t trust you. If the worst were to happen, it would be an emotionally frightening time for his family. However, the complaint procedure should be started as soon as possible. It is true that the claim process …
It is common for women to assume that their income is secondary or meant to be spent/used on expenses/EMI. But what they forget is that this will not leave them with much money or assets in their name. This is not an ideal situation. With limited resources, women must focus on a few key financial …
Are you planning a career change? Why not withdraw the savings accumulated in the EPF accounts of your employees? Withdrawing from the EPF is a relatively simple process, involving filling out a form with your personal information and giving it to your human resources colleague to complete. After a few weeks, you will receive a …
Vihaan, a clothing store owner in Hubballi, wanted to buy a luxury bungalow. However, he lacked the money to fulfill his dream. Impressed by the crazy profits that his friends were making with cryptocurrencies, he also decided to invest in this new digital asset to reach his goal faster. However, one morning he woke up …
Around Rs, 21,539 crore in unclaimed amount was in Life Insurance Corporation of India (LIC) at the end of September 2021, according to draft registration documents filed on Sunday. In FY21, the unclaimed amount was Rs 18,495.32 crore as compared to Rs 16,052.65 crore in FY 2020. In FY 2019, this amount was Rs 13,843, …
Pension fund EPFO said on Wednesday that it added 14.12 lakh subscribers in February 2022, up 14% from the 12.37 lakh subscribers in the same month a year ago. “Preliminary EPFO payroll data released today shows that EPFO added 14.12 lakh net subscribers in February 2022,” the Department of Labor said in a statement. Data …
Fertilizer subsidies are expected to hit an all-time high of Rs 1.65 crore this fiscal year against the budget estimate of Rs 1.05 crore due to an unprecedented rise in the cost of raw materials and fertilizers in the world, according to a report. India’s fertilizer subsidies are expected to reach a record Rs 1,650 …