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The government is considering measures exceeding ₹50,000 crore in the upcoming budget to boost spending. This includes cuts in tax rates for low-income earners.
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BBPS is an RBI initiative and is run by National Payments Corporation of India. It serves as a one-stop ecosystem for all types of bill payments.
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As the demand for loans is increasing rapidly in the country, there is no corresponding increase in deposits. This is causing difficulties for banks in lending funds, hence the demand for tax breaks on intererst income.
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The primary reason is insufficient funds in the account of the issuer. Often, discrepancies in the name or overwriting on the cheque can also lead to it bouncing.
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Switching SIPs based on past performance, greater returns can be achieved by maintaining investments in the same fund over an extended period
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There are two main reasons for UPI transaction failures. First is technical default which occurs due to network-related issues and second is business decline, often caused by user errors.
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LIC owns expensive properties in many major cities, including plots and commercial buildings, which it can sell
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To boost consumption, income tax rates could be reduced. The aim is to benefit lower income groups, whether salaried individuals or small business owners.
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Some of the biggest companies like Hyundai Motor, Swiggy, Ola Electric, Bajaj Home Finance are going to hit the market soon
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Third party insurance is must for all vehicles on the road as any damage caused to the third party can be compensated