The Sukanya Samriddhi Account (SSA) or Sukanya Samriddhi Yojana (SSY) is one of the most popular savings schemes in India for securing the future of a girl child. It is a government-backed small savings scheme under the “Beti Bachao, Beti Padhao” campaign, launched in January 2015 by Prime Minister Narendra Modi. The scheme is designed … Read more
Big relief for insurance buyers! The GST Council has announced a major reform—from September 22, 2025, there will be 0% GST on all individual life and health insurance premiums in India. Earlier, policyholders had to pay 18% extra tax on their premiums, which made insurance costly. With this change, GST on insurance premiums 2025 will … Read more
If you have extra money lying idle in your Savings Account, wouldn’t it be great if it could earn you a higher interest rate like a Fixed Deposit (FD) while still being available whenever you need it? That’s exactly what the Multi Option Deposit Scheme (MODS) of the State Bank of India (SBI) does. In … Read more
India’s largest bank, State Bank of India (SBI), has once again proved its strong standing in global financial markets. SBI successfully raised $500 million dollar bonds through five-year dollar bonds from international investors, and what makes this deal special is that it came at the tightest-ever spreads over US Treasuries for an Indian issuer. This … Read more
The New GST Rates in India 2025 is about to go through one of the biggest changes since it was first introduced in 2017. In its 56th meeting, the GST Council has decided to simplify the rate structure and reduce the number of slabs. The new GST rates will come into force from 22nd September … Read more