That's the government's goal for the Unified Payment Interface by March. Are they close? A P Hota, the man at the helm, answers.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
The NITI Aayog may want us to believe this is one of the easiest payment systems in the world, but Tinesh Bhasin decodes the many unanswered queries and concerns involving the United Payments Interface.
All payments made via debit and credit cards, net banking and mobile wallets will be entitled to discounts.
The government can seek details from sellers such as sources of funds while buying.
How do you pick a mutual fund scheme that suits your needs?
'Even if your phone goes missing for 15 minutes, be warned.' With e-wallets playing a larger role in transactions, these precautions are a must.
A new approach called life planning can help you prioritise the use of your time and money.
CAs not sure if individuals declaring unaccounted money will get immunity from reassessment as these provisions are not covered in the Bill.
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock in to instruments offering higher returns.
NRIs could run into difficulties if they possess discontinued currency notes amounting to a high value.
E-wedding planners allow you to book everything online, including venues, make-up artists, bands, florists.
How investors can tweak their fixed income investments to earn more in the current environment.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Banks and insurers are beginning to reward customers who show exemplary conduct with lower prices and penalise those who behave poorly by imposing higher costs.
Use credit cards with discretion and try to generate a net monthly surplus to avoid falling into a debt trap
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves
Short-term loans from NBFCs can be more convenient but come at higher cost
Read the investor-developer agreement carefully before signing the cheque