Saving Money

RBI has increased the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction

Most of the money goes to debt schemes, but equity allocations are rising

New EPF subscribers increased marginally to 10,54,261 in June from 10,07,441 in May 2022 and 10,09,689 in April, according to data published by the National Statistical Office

Budgeting tips: Start with some kind of allocation of your periodical expenses, even if it's very rudimentary. You can adopt a more sophisticated approach later

Give these equity-linked instruments at least seven years to yield good returns

Many would have racked up debt this Diwali, using credit cards and consumer loans