#UPI Tax Limit

[bihar-ujala]

RBI ने UPI Tax Limit 1 लाख से बढ़ाकर 5 लाख किया, इस तरह उठाएं फायदा

UPI Tax Limit Increased: रिजर्व बैंक ऑफ़ इंडिया ने इस वक्त यूपीआई पेमेंट को लेकर एक बहुत बड़ी घोषणा कर दी है, जो यूपीआई के माध्यम से टैक्स पेमेंट करने से जुड़ा हुआ है. अभी तक लोग इसे पूरी तरह नहीं समझ पा रहे हैं कि इसका फायदा किसे और किस प्रकार मिलेगा. आपको बता दे कि गुरुवार को अगस्त 2024 की मॉनेटरी पॉलिसी रिजर्व बैंक द्वारा जारी की गई है जिसमें नौवीं बार पहले जैसा रेपो रेट को लगातार 6.5% पर…

[jaagrukbharat]

RBI Increases UPI Transaction Limit For Tax Payments To Rs 5 Lakh

Reserve Bank of India (RBI) has made an important change to the Unified Payments Interface (UPI) system by increasing the transaction limit for tax payments from Rs 1 lakh to Rs 5 lakh. This transformation was announced on August 8, 2024, during the Monetary Policy Committee meeting and is expected to bring about convenience in payment taxes for both individuals and companies. The rise in UPI limit for UPI tax payments is a welcome change that will improve the digital payment ecosystem in India further since UPI has become popular due to its simplicity and zero transaction charges.

[news365timesindia]

[ad_1] As per the Regulation 30 of the SEBI Listing Regulations CRISIL Ratings Limited has assigned CRISIL AAA/ Stable rating to INR 1,60,000 crore Fixed Deposits of IDFC FIRST Bank.Further CRISIL has reaffirmed CRISIL AA+ / Stable rating and CRISIL A1+ rating to the Tier II bonds (under Basel III) of the bank amounting to INR8000 crore and Certificate of Deposits amounting to Rs.45,000 crores respectively.About IDFC FIRST BankIDFC FIRST Bank is a new age Universal Bank in India built on the foundations of Ethical Banking, Digital Banking, and Social Good Banking. We are building a world class bank in India.As part of the Bank's ethical banking approach, it applies a "Near and Dear" Test to its products, so that the employees of the Bank serve only such products theyd want for their own loved ones. It believes income earned unethically is not worth earning.Therefore, the Bank avoids complicated descriptions, calculations, and legalese that customers don't understand. It abolished all charges on Savings Accounts including for Debit Cards, IMPS, RTGS, NEFT, Cash Deposit, "Non-Home branch" access, Cash withdrawals at ATMs and at branches, 3rd party transaction charges at branches, SMS Alert, Cheque book, Demand Drafts, Pay-order, duplicate statement, and all such services that are usually charged in the market. It follows the principle that it won't touch its customers' bank account for one reason or other. It is the first and only bank in India till date to do so. This applies for all variants of savings accounts including Rural Savings accounts with minimum monthly balance of only Rs. 5000/- and for urban savings account with minimum monthly balance of Rs. 10000/- IDFC FIRST Bank is the first bank in India to offer monthly credit on savings accounts. The credit cards have no hidden charges. It offers Lifetime Free without minimum spend conditions, never-expiring rewards points, zero interest on cash withdrawal at ATMs, dynamic low APR and much more. Fees if any are transparent and described neatly in a manner a common person can understand. Every product offered by the bank is highly customer friendly, most often the best in the industry.As part of technology led banking, the Bank has built a modern technology stack and has built an advanced mobile app with 250+ features such as Goal based investing, MF investment assistance, electric-speed payments, Account Aggregator, MF Aggregator, Personal Finance Manager, Auto categorisation of spends, single app for personal and business banking, UPI on Credit Cards, travel and shop, bill and recharges, deals and reward redemptions, which offer great convenience to the customers. For business customers the Bank offers on-the-go bulk payments, ability to pay income tax, GST, customs duty, and connected banking with ERP solutions.As part of the Social Banking theme, the Bank's business model is naturally geared to social banking. It has developed unique capabilities for financing bottom of pyramid customers with consistently high asset quality. The Bank has financed over 40 million customers including 0.3 million SMEs, 0.9 million livelihood (cattle loans), 16 million lifestyle improvement loans (for laptops, washing machine, etc.), 1 million sanitation loans (toilets, water fittings), 6.5 million mobility loans (2-wheelers and cars), and home financing (over 100,000 homes), and 15 million loans to 4.3 million women-entrepreneurs. It also offers other retail and rural loans such as Kisan Credit Cards, harvest financing, gold loans etc.IDFC FIRST Bank is a Universal Bank, and offers end to end Corporate Banking, Trade Finance such as issuance of LCs & BGs, SBLC, Packing Credit, Pre-shipment and Post-shipment Finance, Treasury products including risk hedging solutions like Forwards, Swaps, Options, and other Forex Solutions, SME Banking, Wealth Management, NRI banking, Cash Management, Nostro & Vostro account operations, Escrow facilities, Correspondent Banking, Fastag, Toll-acquiring, Dealer Finance and Purchase/Sales Invoice discounting.

[news365times]

[ad_1] As per the Regulation 30 of the SEBI Listing Regulations CRISIL Ratings Limited has assigned CRISIL AAA/ Stable rating to INR 1,60,000 crore Fixed Deposits of IDFC FIRST Bank.Further CRISIL has reaffirmed CRISIL AA+ / Stable rating and CRISIL A1+ rating to the Tier II bonds (under Basel III) of the bank amounting to INR8000 crore and Certificate of Deposits amounting to Rs.45,000 crores respectively.About IDFC FIRST BankIDFC FIRST Bank is a new age Universal Bank in India built on the foundations of Ethical Banking, Digital Banking, and Social Good Banking. We are building a world class bank in India.As part of the Bank's ethical banking approach, it applies a "Near and Dear" Test to its products, so that the employees of the Bank serve only such products theyd want for their own loved ones. It believes income earned unethically is not worth earning.Therefore, the Bank avoids complicated descriptions, calculations, and legalese that customers don't understand. It abolished all charges on Savings Accounts including for Debit Cards, IMPS, RTGS, NEFT, Cash Deposit, "Non-Home branch" access, Cash withdrawals at ATMs and at branches, 3rd party transaction charges at branches, SMS Alert, Cheque book, Demand Drafts, Pay-order, duplicate statement, and all such services that are usually charged in the market. It follows the principle that it won't touch its customers' bank account for one reason or other. It is the first and only bank in India till date to do so. This applies for all variants of savings accounts including Rural Savings accounts with minimum monthly balance of only Rs. 5000/- and for urban savings account with minimum monthly balance of Rs. 10000/- IDFC FIRST Bank is the first bank in India to offer monthly credit on savings accounts. The credit cards have no hidden charges. It offers Lifetime Free without minimum spend conditions, never-expiring rewards points, zero interest on cash withdrawal at ATMs, dynamic low APR and much more. Fees if any are transparent and described neatly in a manner a common person can understand. Every product offered by the bank is highly customer friendly, most often the best in the industry.As part of technology led banking, the Bank has built a modern technology stack and has built an advanced mobile app with 250+ features such as Goal based investing, MF investment assistance, electric-speed payments, Account Aggregator, MF Aggregator, Personal Finance Manager, Auto categorisation of spends, single app for personal and business banking, UPI on Credit Cards, travel and shop, bill and recharges, deals and reward redemptions, which offer great convenience to the customers. For business customers the Bank offers on-the-go bulk payments, ability to pay income tax, GST, customs duty, and connected banking with ERP solutions.As part of the Social Banking theme, the Bank's business model is naturally geared to social banking. It has developed unique capabilities for financing bottom of pyramid customers with consistently high asset quality. The Bank has financed over 40 million customers including 0.3 million SMEs, 0.9 million livelihood (cattle loans), 16 million lifestyle improvement loans (for laptops, washing machine, etc.), 1 million sanitation loans (toilets, water fittings), 6.5 million mobility loans (2-wheelers and cars), and home financing (over 100,000 homes), and 15 million loans to 4.3 million women-entrepreneurs. It also offers other retail and rural loans such as Kisan Credit Cards, harvest financing, gold loans etc.IDFC FIRST Bank is a Universal Bank, and offers end to end Corporate Banking, Trade Finance such as issuance of LCs & BGs, SBLC, Packing Credit, Pre-shipment and Post-shipment Finance, Treasury products including risk hedging solutions like Forwards, Swaps, Options, and other Forex Solutions, SME Banking, Wealth Management, NRI banking, Cash Management, Nostro & Vostro account operations, Escrow facilities, Correspondent Banking, Fastag, Toll-acquiring, Dealer Finance and Purchase/Sales Invoice discounting.

[ughdfvfiojdf]

NMAT 2024: Eligibility Criteria and Application Process

The NMAT exam, conducted by the Graduate Management Admission Council (GMAC), is a popular MBA entrance exam accepted by several top B-schools in India and abroad. To successfully apply for NMAT 2024, candidates must understand the eligibility criteria and the step-by-step application process. This article will cover all the essential details to help candidates navigate the registration process smoothly.

Eligibility Criteria for NMAT 2024

Before applying for NMAT 2024, candidates must ensure they meet the following eligibility requirements:

Educational Qualification:

The basic eligibility for NMAT 2024 is a Bachelor’s Degree in any discipline from a recognized university.

Candidates must have scored a minimum of 50% marks in their graduation. However, this percentage requirement may vary across participating institutions.

Final-year students who are yet to complete their graduation are also eligible to apply, provided they can submit their final year results at the time of admission.

Age Limit:

There is no upper age limit for taking the NMAT exam. This opens the door to a wide range of candidates, including professionals who wish to pursue management programs later in their careers.

Work Experience:

Work experience is not a mandatory criterion for the NMAT exam. However, some MBA programs may prefer candidates with work experience. It is recommended to check the specific eligibility requirements of the target B-schools.

Number of Attempts:

One unique feature of the NMAT exam is the option for multiple attempts. Candidates can attempt the exam up to three times, including the first attempt and two retakes. The best score out of these attempts is considered for admission.

There should be a minimum gap of 15 days between each attempt.

Application Process for NMAT 2024

The NMAT 2024 application process is conducted entirely online through the official GMAC website. Here is a step-by-step guide to completing the registration:

Visit the Official Website:

Go to the official NMAT registration portal at https://register.nmat.org.

Create an account using a valid email ID and contact number. You will need to set a password and verify your account through email.

Fill in Personal Details:

After logging in, fill out the application form with personal details, including your name, date of birth, gender, nationality, and contact information.

Ensure that the details entered match your official documents, as discrepancies can lead to complications during the admission process.

Academic and Professional Information:

Provide accurate information about your educational background, including your graduation details (university name, degree, percentage/CGPA, and year of passing).

You can also enter details of any work experience, if applicable, though it is not mandatory for applying.

Choose Exam Mode and Preferred Locations:

Select your preferred exam mode: either computer-based testing (at test centers) or online proctored testing (at home).

If you choose to take the exam at a test center, select up to five preferred test centers in the application form. Choose wisely based on accessibility and travel convenience.

Select B-Schools for Score Submission:

NMAT allows you to send your scores to up to five B-schools of your choice without any additional fee. If you want to send your scores to more than five schools, you will have to pay an extra fee per school.

Research the participating institutes and ensure you meet their specific admission criteria.

Upload Documents:

Upload a recent passport-sized photograph and any other documents as required (such as identity proof). Ensure the photograph is clear and meets the size and format specifications.

Payment of Application Fee:

Pay the NMAT application fee online through debit/credit card, net banking, or UPI. The fee for the first attempt is typically INR 2800 (exclusive of taxes). Each retake or rescheduling will incur an additional fee.

Upon successful payment, you will receive a confirmation email with the payment receipt.

Scheduling the Exam:

After the application is submitted, you can schedule the exam date and time through the NMAT scheduling portal. The scheduling window typically opens shortly after registration begins, so candidates should book their preferred slots early to secure their desired dates.

Key Points to Remember

Editing the Application: NMAT allows candidates to edit certain fields in the application form, such as personal details, test center preferences, and B-school selections, before the final submission.

Retakes and Rescheduling: Candidates can reschedule the exam or book retakes by paying an additional fee. This flexibility helps candidates who may want to improve their performance or deal with scheduling conflicts.

By following these steps and ensuring all eligibility criteria are met, candidates can successfully apply for NMAT 2024 and secure their spot for one of the most crucial MBA entrance exams. For more details, you can visit Careermantra.net.

[mybharatguru]

UPI transaction through mobile app is capped at Rs. 5 lakh increase!

The limit for UPI transactions made through QR codes via mobile apps has been increased from ₹1 lakh to ₹5 lakhs. This change will apply to specific transactions such as educational services, hospital payments, tax payments, and government bonds. The raised limit is effective starting today, allowing users to carry out higher-value transactions conveniently using UPI. This step is aimed at…

[6nikhilum6]

UPI Transaction Limit to Change from Tomorrow: NPCI Announces New Rules Benefiting Taxpayers

In a recent circular, NPCI announced that businesses classified under the Merchant Category Code (MCC) 9311, responsible for paying taxes, must adhere to this new transaction limit. NPCI has instructed all procurement organizations to ensure that their merchants comply with this update, allowing UPI payments for tax amounts up to Rs 5 lakh. Alignment with RBI Policy This decision aligns with the…

[dailyreportonline]

RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature | Daily Reports Online

The Reserve Bank of India RBI recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1,00,000. Additionally, the central bank has also…

[bhaskarlive]

RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh

The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction, RBI Governor Shaktikanta Das announced on Thursday.

Source: bhaskarlive.in

[xettle-technologies]

How Personal Finance Management is Being Changed by Fintech Software?

In recent years, the landscape of personal finance management has undergone a significant transformation, largely driven by advancements in fintech software and services. Fintech (financial technology) has revolutionized how individuals manage their finances, offering innovative solutions that enhance convenience, efficiency, and accessibility. This article explores the ways in which fintech software is reshaping personal finance management and empowering consumers worldwide.

The Rise of Fintech Software

Fintech software encompasses a diverse range of technologies and applications designed to improve financial services delivery, automate processes, and enhance user experience. From mobile banking apps to investment platforms and budgeting tools, fintech solutions cater to various aspects of personal finance management, empowering individuals to take control of their financial health.

Key Aspects of Fintech Software in Personal Finance Management

Digital Banking and Payments:

Fintech software has streamlined banking operations through mobile banking apps and digital payment solutions. Users can manage their accounts, transfer funds, pay bills, and track transactions in real-time, reducing reliance on traditional banking methods.

Example: Mobile banking apps integrated with UPI (Unified Payments Interface) allow users to initiate instant payments, check account balances, and manage recurring payments directly from their smartphones.

Budgeting and Expense Tracking:

Fintech software offers robust budgeting tools that enable users to set financial goals, create budgets, and track expenses effortlessly. These tools categorize transactions, provide spending insights, and offer alerts to help users stay within their budgetary limits.

Example: Apps like Mint and YNAB (You Need A Budget) analyze spending patterns, offer personalized budgeting advice, and help users optimize their financial decisions based on real-time data.

Investment Management:

Fintech platforms have democratized investment opportunities by offering easy access to investment products such as stocks, mutual funds, and exchange-traded funds (ETFs). Robo-advisors use algorithms to provide automated investment advice based on user preferences and risk tolerance.

Example: Platforms like Robinhood and Wealthfront allow users to invest in diversified portfolios, automate investment contributions, and monitor portfolio performance through intuitive dashboards.

Credit Monitoring and Management:

Fintech services provide tools for monitoring credit scores, tracking credit utilization, and managing debt repayment strategies. These tools offer personalized recommendations to improve creditworthiness and negotiate better loan terms.

Example: Credit Karma and Credit Sesame offer free credit score monitoring, personalized financial tips, and access to credit products tailored to individual credit profiles.

Financial Planning and Advice:

Fintech software empowers users to access personalized financial advice and planning tools previously reserved for affluent clients of traditional financial advisors. Virtual advisors leverage artificial intelligence (AI) and machine learning (ML) to deliver tailored financial recommendations.

Example: Platforms like Betterment and Personal Capital provide comprehensive financial planning services, retirement calculators, and tax optimization strategies based on individual financial goals and circumstances.

Impact of Fintech Software on Personal Finance Management

Accessibility and Convenience:

Fintech software enhances accessibility to financial services, allowing users to manage their finances anytime, anywhere via mobile devices. This convenience reduces the need for physical visits to banks and enables seamless financial transactions on-the-go.

Cost Efficiency:

Fintech solutions often offer lower fees and transaction costs compared to traditional financial services, making investing, banking, and money transfers more affordable for users. This cost efficiency democratizes access to financial products and services.

Empowerment through Education:

Fintech platforms educate users about financial literacy and best practices through interactive tools, tutorials, and personalized recommendations. This empowerment enables individuals to make informed financial decisions and improve their financial well-being over time.

Customization and Personalization:

Fintech software provides personalized financial insights and recommendations based on user data and preferences. This customization helps users align their financial strategies with their long-term goals and adapt to changing financial circumstances.

Enhanced Security and Fraud Prevention:

Advanced security features, including encryption, biometric authentication, and real-time transaction monitoring, safeguard users' financial information and prevent unauthorized access or fraudulent activities. Fintech companies prioritize data protection to build trust and reliability among users.

Challenges and Future Outlook

While fintech software offers numerous benefits, challenges such as regulatory compliance, data privacy concerns, and technological scalability remain significant considerations for fintech companies and users alike. However, ongoing innovations in AI, blockchain technology, and cybersecurity continue to drive the evolution of fintech software, promising even greater advancements in personal finance management.

Conclusion

Fintech software has revolutionized personal finance management by providing accessible, efficient, and personalized solutions that empower individuals to take control of their financial futures. From digital banking and budgeting tools to investment management and financial planning services, fintech innovations continue to reshape how consumers interact with their finances, fostering financial inclusion and improving overall financial well-being globally. As fintech software evolves, its transformative impact on personal finance management is set to expand, offering new opportunities for financial empowerment and innovation in the digital age.

[shreecom]

New Rules in the Banking Sector

Banking services must include accepting deposits, lending money, facilitating transactions, and offering various transaction products such as saving accounts, loans, and credit cards. Mainly bank is a type of financial institution that is permitted to accept customers' deposits and provide a loan. There are such types of banking sectors as Retail banks, Commercial banks, corporate banks, cooperative banks, Regional rural banks, central banks, and investment banks.

Why Banking sector is good?

Checking and saving accounts, loans, mortgage services, wealth management, providing credit and debit cards, and overdraft services, are the most important banking services in the banking sector.

How does the banking sector work?

The customers deposit their money in banks, and then banks lend the money in different loans like car loans, credit loans, business loans, home loans, etc. the loan recipients spend the money they borrow, then the banks earn the interest loans, and the process keeps money moving through the systems.

The rules of banking sectors:

Demat account holders' nomination declarations:

Demat account holders will have to provide nomination declarations or opt out of nominations by January 1, 2024. Account holders failing to do so will not be able to transact in stocks. Earlier, the deadline to furnish nomination details was September 30.

Aadhaar Card:

Aadhaar card holders wanting to change their details will be able to do so till December 31, 2024. However post this date, an amount of Rs 50 will be imposed on those wanting to change their personal details in the Aadhaar card.

KYC for SIM card:

All KYC-related work will be done in digital mode only. People applying for new SIM cards will not have to fill out paper forms for the Know-Your-Customer process.

 Bank locker agreement:

People holding lockers in banks will have to sign the revised agreement by December 31, 2023. If customers will fail to do so, their lockers will be frozen.

New rule to save users from online fraud:

As smartphone usage has unscaled in India, online fraud and scams have unscaled and have seen a parallel increase. The government has been taking a decisive stance to curb these issues.

Legal consequences for fake SIMs:

As per the new Telecommunication Bill, individuals who will be found purchasing fake SIM cards will be facing severe consequences and the offenders will further be subjected to a jail term of up to 3 years and a fine worth Rs. 50 lakh.

Mandatory biometric details for verification:

Telecom companies will now collect biometric data which will be mandated for every customer who is purchasing a SIM card. The inclusion of biometric details is a measure to safeguard fraudulent SIM card transactions and ensures strict action against the offenders.

Income Tax Return:

People will not be able to file Income Tax Returns (ITR) for financial year 2022-23 from January 1, 2024. Those who have not filed ITR for 2022-23 can file them with penalty fee till December 31.

Inactive UPI IDs:

The National Payments Corporation of India (NPCI) in a circular dated 7 November, has asked payment apps and banks to deactivate the UPI IDs and numbers that have not been active for more than one year. Every bank and third-party app has to follow these till 31st December.

UPI transaction limit hiked for hospitals, schools.

Deactivation of inactive UPI IDs.

UPI Lite wallets transaction limit increased.

No authentication for UPI auto payments.

Interchange fee on UPI merchant payments.

Google Pay:

The Gpay limit per day for money transfers for users in India is ₹1, 00,000. Moreover, the maximum times you can send money in a day cannot exceed 10 in Gpay or any other UPI app.ShreeCom Infotech Pvt. Ltd. Pune offering different types of banking sectors software’s like Co-Operative credit society software, core banking software, Retail banking software, SMS banking software, Pat pedhi software, Employees co-op credit society software, salary earners society software or you can google search for banking software near me

[colscol]

Colscol *Chess Spartan*

🏆 Inter School Competition 🏆

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🔍 Event Details:

📅 Date: *7th April 2024*

`Tournament Session`

U10, U14, U18 : 9:00 AM (Reporting)

U8, U12, U16 : 1:30 PM (Reporting)

📍 Venue: RR International College- Borivali WEST (IC Colony ) https://maps.app.goo.gl/9i8Dw8tgUndZpLM68

*`🎟️ Entry Information`*

🔢 Age Categories: U8, U10, U12, U14, U16, U18

📌 Seat Limit: 40 Seats Per Category

💸 Entry Fee: *₹600/- Per Participant* / Per Category (Exclusive Taxes)

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Whatsapp Channel : Colscol Chess Spartan

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📜 Participant Certificates

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Each Categories Awards

`5 Trophies | 10 Medals`

3 Special Trophies for GIRLS

*`📝 How to Register`*

*📝 Fill the Form & Pay Registration Fee.*

https://www.colscol.com/product/chess-spartan-tournament/

*Note:*

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#ChessSpartan2024 #ChessTournament #Colscol #BrainBooster

[financemaster1]

The Top Reasons to Add NCDs to Your Portfolio Today

Non-Convertible Debentures, or NCDs, are debt instruments issued by companies to raise capital from investors. At Muthoot FinCorp Ltd., these instruments offer fixed interest rates and a specific maturity period, ensuring regular and fixed interest payments to debenture holders. Unlike convertible debentures, NCDs can't be converted into equity shares. Instead, investors receive periodic interest income – monthly, quarterly, or annually – depending on the terms of the debenture. Upon maturity, the principal amount is returned to debenture holders.

Why Choose Muthoot FinCorp Ltd.'s NCDs?

1. Higher Interest Rates

Our NCDs offer attractive interest rates, surpassing those of traditional fixed deposit schemes or savings accounts, potentially leading to higher returns on your investment.

2. Regular Income Stream

With periodic interest payouts, NCDs provide a consistent income stream – monthly, quarterly, or annually – ideal for those seeking a steady flow of returns.

3. Diversification

Adding Muthoot FinCorp Ltd.'s NCDs to your investment portfolio diversifies your financial assets, offering an alternative avenue compared to stocks, mutual funds, and traditional investments.

4. Fixed Tenure

NCDs come with fixed tenures, allowing you to align your investments with your financial goals by selecting the tenure that suits your needs.

5. High Credit Rating

Our NCDs are assigned credit ratings by reputable agencies, signifying our capability to meet financial obligations.

6. Liquidity

Listed on stock exchanges, our NCDs provide liquidity, enabling you to sell them if needed before maturity (subject to market conditions).

7. Tax Efficiency

NCDs may offer tax advantages under prevailing regulations, potentially resulting in benefits like deductions or exemptions on interest income.

Investing Made Easy with Muthoot FinCorp ONE

Investing in NCDs through Muthoot FinCorp ONE is a breeze, requiring just three simple steps:

Step 1: Enter Your Details: Log in to the Muthoot FinCorp ONE app or website, providing your email address and PAN.

Step 2: Choose Your Investment Option: Select from the available NCD options that suit your investment preferences.

Step 3: Share Your Demat Details: Provide your DEMAT account details (linked to your PAN) and UPI address (VPA) to complete the process.

Answering Your Queries

Face Value of NCD: The face value refers to the initial value at which the debenture is issued and represents the principal amount repaid at maturity.

KYC Not Required: Investing in NCDs with us doesn't require completion of KYC formalities.

Investment Range: Invest with as little as Rs. 10,000 and up to Rs. 5,00,000 via UPI. Visit a branch for investments exceeding this amount.

Investing through Branch: Visit your nearest Muthoot FinCorp Ltd. branch, carrying your PAN and DEMAT account details, to invest in NCDs.

Applying Multiple Times: Apply multiple times via the app or website, but remember, each option can be chosen only once with a cumulative investment limit of Rs. 5,00,000.

Cancelling Application: You can cancel your application during the open bidding window, with confirmation taking up to 24 working hours.

In today's financial landscape, securing high returns with minimal risk is crucial. With Muthoot FinCorp Ltd.'s NCDs, you're poised to reap the benefits of fixed high returns and easy investment, starting with just Rs. 10,000. Begin your investment journey today and witness the growth of your portfolio like never before.

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.

Chat on Whatsapp | Branch Locator | Email us - customercare@muthoot.com | Download App

[rojgarbharat]

Name of Post:

CGPSC State Service Pre Exam Online Form 2023

Post Date:27 November 2023 | 02:15 PMShort Information :Chhattisgarh Public Service Commission (CGPSC) has Recently Invited to the Online Application Form for the Post CGPSC exam Recruitment 2023.

Chhattisgarh Public Service Commission (CGPSC)

CGPSC Pre SSE Recruitment 2023

Important Dates

Start Date: 01/12/2023

Last Date : 30/12/2023

Correction Last Date : 02-03 January 2024

Pre Exam Date : 11/02/2024

Main Exam : 13-16 June 2024

Admit Card Available : Before Exam

Application Fee

Other State : 400/-

Chhattisgarh Domicile : 0/-

Correction Charge : 500/-

You can pay through:

Credit Card

Debit Card

Net Banking

UPI

Age Limit as on (01/01/2023)

Minimum Age : 21 Years

Maximum Age : 40 Years

Age Relaxation read the notification.

Vacancy Details

Total Post : 242 Post

Exam Name

Total Post

CGPSC SSE 2023 Eligibility

State Service Examination SSE 2023

242

Bachelor Degree in Any Stream in Any Recognized University in India.

Chhattisgarh SSE Post Wise Details

CGPSC SSE Department / Post Name

Total Post

State Administrative Service

08

State Financial Service Officer

06

Food Inspector

03

District Excise Officer

11

Assistant Director / District Women and Child Development Officer

06

Assistant Director Chhattisgarh State Audit Finance Department

NA

District Registrar

01

State Tax Assistant Commissioner

06

Superintendent District Jail

06

Assistant Direct Tribal Castes and Development Department

10

Assistant Registrar (cooperative Department)

14

District Commander

11

Chief Executive Officer District Panchayat

10

Employment Officer

NA

Child Development Project Officer

07

Chhattisgarh Administrative Accounts Service Officer

23

Naib Tehsildar

42

Excise Sub Inspector

34

Cooperative Inspector / Cooperative Extension Officer

44

Assistant Jail Superintendent

NA

Selection Process

Prelims Exam Offline (OMR Based)

Mains Exam

Personal Interview

Required Documents

Candidates Photograph

Candidates signature

Pay Scale

Rs. 25,300 to Rs. 56,100 Approx.

How To Apply

These are following step.

Click on the Apply Online Link given below.

Fill out the application form.

Upload the required documents

Pay Fees

Print the Application Form.

USE IMPORTANT LINKS

Apply Online

[ritudhiman]

How to Start an E-Commerce Business in India

                     

Introduction

E-commerce has revolutionized the way we shop, making it more convenient for consumers and offering vast opportunities for entrepreneurs. India, with its growing internet penetration and digital-savvy population, presents a lucrative market for e-commerce businesses. If you've been considering How to Start an E-Commerce Business in India, this guide will walk you through the essential steps in simple terms.

Market Research

The first and foremost step in starting an e-commerce business is conducting thorough market research. In India, you'll want to consider various factors like your target audience, competition, and market trends. Analyze what products or services are in demand, and identify your niche. Look at your competitors to understand their strengths and weaknesses.

Business Plan

A well-defined business plan is your roadmap to success. It should outline your business goals, strategies, budget, and revenue projections. Decide on your business model - whether you'll be selling your own products, dropshipping, or acting as a marketplace. Ensure your plan is flexible to adapt to changing market conditions.

Legal Formalities

Starting a business in India involves several legal formalities. Register your business with the appropriate authorities, obtain the necessary licenses, and choose a suitable legal structure (sole proprietorship, partnership, LLP, or private limited company). Don't forget to apply for a GST (Goods and Services Tax) registration, which is mandatory for e-commerce businesses.

Website Development

Your website is the face of your e-commerce business. It needs to be user-friendly, visually appealing, and mobile-responsive. You can hire a web developer or use e-commerce platforms like Shopify, WooCommerce, or Magento to build your site. Ensure that it has secure payment gateways to protect customer data.

Product Sourcing

If you're not creating your own products, you'll need to source them. Research reliable suppliers or manufacturers, negotiate terms, and maintain good relationships. For a dropshipping model, partner with suppliers who can fulfill orders efficiently and on time.

Inventory Management

Efficient inventory management is crucial to avoid overstocking or understocking products. Consider using inventory management software to track stock levels, sales, and reorder points. This will help you optimize your supply chain and reduce costs.

Payment Gateway Setup

To accept online payments, you'll need to set up a payment gateway. Popular options in India include Paytm, Razorpay, and Instamojo. Ensure that your payment gateway is secure, easy to use, and accepts various payment methods, including debit/credit cards, digital wallets, and UPI.

Logistics and Shipping

Partner with reliable logistics and courier companies to handle order fulfillment and delivery. Offer multiple shipping options to customers, including standard and express delivery. Transparent shipping costs and delivery times will boost customer satisfaction.

Digital Marketing

Effective digital marketing is essential to attract customers to your e-commerce website. Utilize SEO (Search Engine Optimization) techniques to improve your website's visibility on search engines. Create engaging content, run social media campaigns, and invest in paid advertising to reach a wider audience.

Customer Support

Provide excellent customer support to build trust and retain customers. Offer multiple communication channels, such as email, chat, and phone support. Address customer queries and complaints promptly, and consider implementing a robust returns and refunds policy.

Security Measures

Protecting customer data is paramount in e-commerce. Invest in SSL certificates to encrypt data transmission and ensure the security of personal information. Regularly update your website's security features to guard against cyber threats.

Mobile Optimization

In India, a significant portion of e-commerce transactions occurs via mobile devices. Therefore, optimizing your website for mobile users is critical. Ensure that your site loads quickly and functions smoothly on smartphones and tablets.

Pricing Strategy

Set competitive prices while maintaining a profit margin. Consider factors like production costs, shipping fees, and market demand when pricing your products. Implement dynamic pricing strategies if appropriate to maximize sales.

Analytics and Tracking

Utilize analytics tools like Google Analytics to monitor website traffic, user behavior, and sales data. This information will help you make informed decisions and refine your marketing strategies.

Scaling Your Business

As your e-commerce business grows, consider expanding your product offerings, entering new markets, or diversifying your sales channels. Scaling requires careful planning and adequate resources.

Regulatory Compliance

Stay updated with India's e-commerce regulations, including the Foreign Direct Investment (FDI) policies and e-commerce guidelines. Comply with all relevant laws to avoid legal issues.

Conclusion

Starting an e-commerce business in India may seem daunting, but with the right approach and careful planning, it can be a rewarding endeavor. Remember to conduct thorough research, create a solid business plan, and focus on customer satisfaction. Adapt to changing market dynamics, and continuously refine your strategies to stay competitive in the ever-evolving e-commerce landscape. India's vast online market is waiting for entrepreneurs like you to tap into its potential.

[nbfcaccountaggregator]

There are differences between UPI and Account Aggregator

Imagine having a central platform to look up your financial assets information for all of your account savings, fixed deposit and investment plans and pension savings, insurance premiums and more, all at the same time. There is no need to log and downloading financial information from different platforms, simple access, and a single view of your financial situation,

Because of the Bank Account Aggregator framework this framework is no longer restricted to the realms of imagination

The idea for Account Aggregator was conceived through the Reserve Bank of India to make it easier to access and share of financial information. In simpler terms, it acts as a "data bridge" between different participants in the financial industry.

The Account Aggregator framework is changing the method by which financial data is distributed. According to experts, it is likely to be a replica of the enormous UPI's success. UPI.

There is plenty of common ground among UPI as well as Account Aggregator it's important to understand what the distinction is since these differing concepts solve distinct issues.

This blog is designed to assist you to understand the differences between Account Aggregator and UPI.

What exactly is UPI and what are the problems UPI address?

Unified Payment Interface (UPI) is a mobile-based electronic payments system that allows you to transfer funds from bank accounts using a your mobile phones.

One of the most important benefits that comes with UPI payment is that it allows immediate real-time transactions without disclosing the bank's details. This creates a safe swift, simple and easy payment method. You don't have for carrying cash debit card or credit card. This makes it easier to make transactions while on the move.

The benefits of UPI isn't limited to transferring money between accounts. Through UPI the ability to seamlessly pay for your utilities or recharge your mobile phone. You can also perform quick and secure transactions via e-commerce platforms and pay for insurance premiums make investments in mutual funds as well as facilitate transactions using barcodes. There are numerous possibilities and this makes UPI an incredibly flexible and well-loved payment option for a wide range of applications.

What is Account Aggregator? how does it help solve problems?

Account Aggregator was created through the Reserve Bank of India (RBI) in order to make it easier for information exchange across Financial Information Providers (FIPs) as well as Financial Information Users (FIUs) with the consent of the customer.

Account Aggregator lets you easily access and examine the financial data from various sources like account balances, stocks and tax information, insurance policies specific to investments and many more in one screen. This comprehensive view of financial assets makes it easier to manage of financial assets and allows better-informed decision making.

Account aggregation also allows the secure exchange of financial data with financial institutions. This makes it simpler to join and transact with, as well as combine a variety of financial services. Use cases for Account Aggregator are vast ranging from getting loan or collaborating with wealth management professionals to organize and improve investment portfolios, and detecting potential fraud risks and reducing risk

The difference between UPI and Account Aggregator are stark.

Integration with financial institutions from other countries

UPI is a quick payment method that allows money transfers between two accounts. This means that its infrastructure is only connected to banks. However Account Aggregator provides an even greater scope since its use and impact can be extended to all financial institutions as well as all four regulatory bodies.

The focus area

Both UPI as well as Account Aggregator are both digital public infrastructures, this is the point where simjlarity ceases.. UPI is primarily concerned with the 'transfer of funds', whereas Account Aggregator is specifically focused on the transfer of financial information'.

The UPI infrastructure connects only to banks. AA connects every financial institution, including Banks as well as NBFCs, insurance companies, broking businesses, CRAs and more which makes it much more broad in terms of application and scope.

Authority to govern

National Payments Corporation of India (NPCI) is a not-for-profit organization established through the Government of India regulates UPI transactions. It also sets the standards and guidelines that govern how the system is used. NPCI assures the security as well as security for UPI transactions in addition to promoting the expansion and use of electronic payments across India. In contrast, Account Aggregator is an authorized by the RBI, and is expected to conform to various rules and rules which the RBI established to encourage responsible and fair behavior. Regulations of the RBI ensure the privacy and security of the customers is protected, and ensure that banks are committed to ethical lending policies. Sahamati additionally plays an important function in strengthening and promoting the ecosystem of Account Aggregators. Sahamati is an alliance of industry that functions as a self-organized organization in order to help facilitate coordination between all the players of the Account Aggregator community. The alliance establishes the fundamental rules and an ethical code to the entire community.