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First Advance Tax Payment Due on 15th June: What You Need to Know
Posted on Thursday, June 12th, 2025 |
The deadline to pay the first advance tax installment for Financial Year 2025–26 is fast approaching. If your estimated tax liability for the year exceeds ₹10,000, the Income Tax Act requires you to pay taxes in instalments rather than waiting for year-end filing. Advance tax helps the government receive tax collections throughout the year. And…
Read moreRBI Slashes Repo Rate to 5.5%: Here’s What You Should Know
Posted on Friday, June 6th, 2025 |
The Reserve Bank of India (RBI) just made a bold move. It cut the repo rate by 50 basis points, bringing it down to 5.50%. This is the third rate cut so far this year, and it’s not the only headline. The RBI also reduced the Cash Reserve Ratio (CRR) by 100 basis points, freeing…
Read moreCelebrating National Technology Day 2025: Reimagining Banking with Technology
Posted on Thursday, May 8th, 2025 |
Remember when you had to take a half-day off just to visit your bank? Or wait in line just to update your passbook? Feels like a different lifetime, doesn’t it? Today, your bank fits in your pocket. From checking your balance on the go to paying a friend in seconds, banking has gone from being…
Read moreCelebrating Mother’s Day 2025: 5 Thoughtful Financial Tools to Empower Your Mum
Posted on Thursday, May 8th, 2025 |
Let’s be honest, mothers are the original money managers. Long before we figured out budgeting apps or financial planning, our mums were already running the show, stretching every rupee, prioritising needs over wants, and somehow always making things work. This Mother’s Day, how about we celebrate her quiet brilliance by helping her take charge of…
Read morePRAVAAH Portal: RBI’s Big Move Towards Transparent Regulatory Applications
Posted on Friday, May 2nd, 2025 |
In a major step towards digitization and efficiency, the Reserve Bank of India (RBI) has made it mandatory for all banks, financial companies, and other regulated entities to submit their regulatory applications exclusively through the PRAVAAH portal starting May 1, 2025. This strategic move is expected to bring about faster processing, better transparency, and a…
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