Personal Finance

According to the Social Security Administration's (SSA) payment schedule, beneficiaries born between the 1st and 10th of any month are due to receive their monthly benefits on Wednesday, May 13.

On a sectoral basis, mutual funds rotated into capital goods, capital market-linked companies and non-banking financial firms, while trimming exposure to IT, healthcare and private sector banks.

The DA increase has been made effective from January 1 this year.

AI chatbots like ChatGPT, Gemini and Claude recommend prioritising emergency funds and SIP investments before lifestyle upgrades.

The most visible shift is the deployment of 'dry powder.' Total equity holdings in the Parag Parikh Flexi Cap Fund climbed to 80.39% in April, up from 77.34% in March.

The All India NPS Employees Federation has urged the 8th Pay Commission to consider an assured pension equivalent to 50% of the last drawn salary, along with dearness allowance.

The Staff Side has argued for replacing the earlier three-unit framework with a broader five-unit system covering the employee, spouse, two children and dependent parents.

A minor is eligible to have a PPF account, but it must be managed by a parent or guardian until the child becomes an adult.

The IRTSA has suggested raising the reimbursement amount to Rs 10,000 per month or the employees' real educational expenses.

AI chatbots ChatGPT, Gemini and Claude recommended alternatives to gold, including FDs, bonds and mutual funds, after PM Modi's remarks.

The figure marks the highest-ever monthly inflow into debt-oriented schemes, surpassing the previous record of Rs 1.89 lakh crore set in April 2024.

SIP contribution for April stood at Rs 31,115 crore, compared to Rs 32,087 crore in March.

Gold ETFs net inflows stood at Rs 3,040.3 crore, according to AMFI data.

Opening a Rs 25 lakh fixed deposit is a simple process and can be done either online or by visiting the bank branch.

Before replying to any income tax notice, taxpayers must confirm whether the communication is genuine.

Investing just Rs 100 daily through SIPs may help build long-term wealth, with a potential corpus of more than Rs 1 crore over 30 years.

ChatGPT, Gemini and Claude planned very different Himachal itineraries under Rs 50,000, revealing how each AI approaches travel planning.

To improve my financial situation, I asked ChatGPT for guidance on better money management. In response, it suggested creating a clear monthly budget, reducing unnecessary expenses, and prioritising savings.

Both regimes are designed differently to suit varying income levels, investment patterns and financial planning needs and should be opted after understanding your deductions and expenses.

E-PRAAPTI will allow users to log in using Aadhaar authentication and search for inactive accounts through old PF member IDs