Browsing: increased

[ad_1] Bank of India (BoI) today said it has increased the interest rates for 1-year tenor Fixed Deposits to 7.00% with effect from 26th May 2023 for retail customers (for less than Rs 2 crores deposits). Following the revision, the Bank of India is now offering a rate of interest in the range of 3 % to 7.00 % for general citizens deposits maturing in the range of 7 days to 10 years. The bank is providing an interest rate of 7.50% to senior citizens and 7.65 % to super senior citizens for a deposit period of 1 year. The…

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[ad_1] Leave Salary Encashment Limit Hike: The Central Board of Direct Taxes (CBDT) has notified the increase of the leave salary encashment limit for non-Government employees to Rs 25 lakh. The previous limit was just Rs 3 lakh. The increased leave encashment limit will be applicable from FY 2023-24, starting from April 1, as per the notification. The official notification was issued on May 24. Here’s what it says: “In exercise of the powers conferred by sub-clause (ii) of clause (10AA) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the maximum…

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[ad_1] Credit cards have become an integral part of our modern financial landscape, offering convenience, flexibility, and various rewards. As credit cardholders, we often receive enticing offers from banks to increase our credit limits. While the prospect of having a higher credit limit may seem appealing, it’s crucial to carefully evaluate whether accepting such an offer is in our best financial interest. This article delves into the factors to consider when deciding whether to opt for an increased credit card limit offered by banks. 1. Financial Discipline One of the primary considerations when contemplating a higher credit card limit is…

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[ad_1] UP DA Hike Latest News: The Uttar Pradesh government has decided to give a 4% hike in Dearness Allowance (DA) and Dearness Relief (DR) to its employees and pensioners respectively with effect from January 1, 2023. Following the hike, the DA and DR rate for employees and pensioners will increase from 38% to 42%, according to reports. Reports said that Chief Minister Yogi Adityanath has approved the proposal for an increase in DA and DR rates. The hike in DA, and DR will benefit 16 lakh UP state government employees and 11.5 lakh pensioners. Earlier on March 24, the…

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[ad_1] Bethan Juliff began flipping furniture and toys as a pandemic hobby and posted photos on Instagram. A friend asked for Juliff’s help to refresh her London apartment on a tight budget of under $2,000. Here’s how she increased the home’s value by $78,000, as told to Salina Jivani. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app This as-told-to essay is based on a conversation with Bethan Juliff, a knitwear designer who flips furniture on Instagram. Insider verified the home’s appraised value through documentation.…

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