Having a credit card is a must today. Most of our payments happen digitally. One needs to have a credit card to transact online and make the most of e-commerce deals.
Sebi's new norms for the re-categorization and rationalization of mutual fund schemes may result in some changes in the way some schemes are defined.
The Public Provident Fund (PPF) is one of the most popular investment avenues among Indian savers mainly because of the high degree of safety and its exempt-exempt-exempt tax status.
A PPF account can be closed only on the expiry of 15 years from the end of the year in which the initial subscription was made into the account.