Small savings scheme interest rates in May 2026 remain steady across PPF, SSY, SCSS and NSC, offering stable government-backed returns for conservative investors looking for safe long-term investment options.
Closing a loan early can sometimes slightly affect your credit score because it changes your credit history length, credit mix, and account activity, making early repayment not always as simple as it seems.
Rising crude oil prices may soon increase EMIs, grocery expenses and daily living costs for Indian families, while also putting pressure on salaries, hiring and overall household financial planning.
Senior citizens can still earn strong fixed deposit returns in May 2026, with AU, Equitas, Shivalik and other small finance banks offering FD interest rates reaching up to 8.30%.
One of the biggest recent developments is the extension of the memorandum submission deadline from April 30 to May 31, 2026.
Form 168 is the new annual tax information statement that replaces Form 26AS under the Income-tax Act, 2025.
Fixed deposit investors can earn steady returns in 2026, with ₹1 lakh, ₹5 lakh and ₹10 lakh growing differently based on bank interest rates, tenure, and compounding method.
NPS Sanchay is a new simplified pension scheme launched by PFRDA for informal workers and first-time investors. It aims to make retirement savings easier with simple investment and pension rules.
Taxpayers in India must track important May 2026 income tax deadlines for TDS, TCS, certificates, and statements. Missing these due dates may lead to penalties and compliance problems.
Maharashtra’s Rs 100 Will registration system is gaining attention because it makes estate planning cheaper and easier, helping families avoid future inheritance fights, legal disputes, and financial stress.
EPFO has introduced a faster PF complaint process with 5-day checks by regional offices and a 7-day response deadline for employers to resolve provident fund related issues.
Car loan interest rates in May 2026 start from around 7.60% at top banks. SBI, HDFC, and ICICI offer different rates based on credit score, loan amount, and tenure.
NPS Vatsalya is a savings scheme for children under 18. Parents manage it, invest money, and get tax benefits. The account can later become a regular NPS after the child turns 18.
RBI warns that fake loan waiver offers are rising, where scammers promise debt relief for a fee. Borrowers must stay alert, avoid such traps, and verify everything with banks.
Gold prices on May 5, 2026, stayed slightly lower, with 24K, 22K, and 18K rates dipping. Buyers now need to check daily prices before buying jewellery as market keeps changing.
Claiming money after a relative’s death involves bank accounts, EPF, and insurance. If a nominee exists, the process is easier. Without one, legal heirs must provide documents and follow legal steps.
Closing a credit card can lower your score by raising your credit usage and shortening history. Simple steps like keeping old cards and spacing closures can help protect your credit profile.
The proposal will result in substantial growth of both salaries and pension benefits for employees.
The PM Awas Yojana 2026 list is now live. Check your name, plan your next step, and explore Bajaj Finserv Home Loans to fund your new home.
IPPB has launched a zero balance SHG savings account through post offices. It offers easy opening, simple charges, basic interest, and helps small groups manage money with a safe limit.
When lenders advertise an instant personal loan, they’re usually referring to the approval decision, not the moment cash hits your bank account.
EPFO will launch a new E-PRAAPTI portal to help PF users find and recover old inactive accounts, making access easier with Aadhaar-based login and faster, simpler claim processing.
EPFO has introduced Form 121 to replace Forms 15G and 15H, making EPF withdrawals simpler while tightening checks to ensure correct tax exemption claims.
Unique Identification Authority of India says Aadhaar proves identity and address but not age. Users must submit proper documents like birth certificate or passport to update or correct date of birth details.
HRA tax savings depend on rent paid, salary, and city. The exemption is not fixed, and the final benefit is calculated using rules, so not everyone gets the same tax relief.
