New Pension Scheme for Indian employees
The Finance Ministry of Inda notified on January 25,2025 a unified pension scheme which ensures an assured pension of 50% of the average basic pay drawn over the last 12 months prior to superannuation.
Refinancing personal loan
When refinancing a personal loan, an existing personal loan is replaced with a new one. The new loan consolidates multiple personal loans if the borrower has more than one personal loans.
When availing a refinancing personal loan the borrower should take into account the following factors and verify whether the new loan conditions are favourable or not.
1. Interest rate (It is better to compare the interest rate of new loan with interest rate of previous loans to be refinanced.
2. Duration of EMIs (It is advisable to select EMI amount and duration in accordance with salary day, ability to pay etc..)
If the borrower choose to remit money for for the purpose of repayment of loan in short duration it helps to save money on interest side.
Income tax department extended due date for filing income tax return
Time for investment in Swiggy share?
On November 13,2024 Swiggy share price opend in NSE India at 420 per share.It is 7.69% higher than the issue price of Rs. 390.Swiggy share price opend in BSE India at 412 per share.It is 5.64% higher than the issue price of Rs. 390.
The IPO allotment of Swiggy share was completed on November 11,2024 and shares were alloted to the Demat Accounts of allottees on November 12,2024. Qualified institutional investors and retail investers have made substantial investment on the listing day trade. It is reported that the food delivery business is expected to show a compound annual growth rate of 10.06% during the period of 2024extended
I T Return -Due date extended.
The due date for filing returns under section 139(1) of the Income Tax Act, 1961 has been extended by Income tax department of India from 30th November 2024 to 15th December 2024 for below classes of taxpayers referred to in clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act.