Investments

These SGBs were issued on October 23, 2017, and October 23, 2018, respectively. As per scheme rules, investors can opt for premature redemption after the fifth year. Source

The fund will allocate at least 80% of its assets to government securities across maturities. It aims to offer investors a low-risk, government-backed investment option, especially suited for portfolio diversification. Source

UPI Circle allows a primary user, the UPI account holder, to authorise up to five secondary users to initiate UPI payments from their account. Source

Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM, followed by debt-oriented schemes (15.06%) and liquid schemes (13.21%), ICRA Analytics said. Source

Currently, the EPFO manages a corpus of ₹27 lakh crore and offers an interest rate of 8.25% on deposits. Source

Users who invest ₹500 or more in Paytm Gold can earn reward points. Paytm credits 5% of the transaction value as points on each eligible purchase. Source

The Income Tax Department has notified this change, which targets big-ticket items such as luxury handbags, wristwatches, designer footwear, and premium sportswear. Source

This move comes under Section 206C(1F) of the Income Tax Act. It follows the Budget announcement to widen the TCS net to include high-end items beyond just motor vehicles. Source

Overnight mutual funds are a type of debt mutual fund that primarily invests in short-term instruments, typically with a maturity period of one day. Source

This open-ended equity scheme will invest in companies that operate in or benefit from the infrastructure sector. Source