Videos

A man in Chandigarh lost over 9 lakhs in a few minutes while applying for a credit card and this new scam is spreading all over India. It isn't your typical OTP fraud. Scammers are now posing as bank employees offering new credit cards, and this scam works brilliantly because everything seems legitimate. These employees ask to see your existing cards for verification while secretly capturing all your credit card details.

And then comes their masterstroke— they send you an application form link that installs malware on your phone, giving them complete access without your knowledge. In this case, before the victim realized what was happening, the scammers had drained over 9 lakhs from multiple accounts in just a few minutes.

So never reveal sensitive information or existing card details while applying for new financial products, and never click on links from unverified people or organizations. Share this now to protect your friends and family.

Save up to 15,600 extra rupees income tax with this easy method. How's this possible? Say hello to NPS — short for National Pension System. And here are three reasons why NPS should be on your investment radar:

Number one: Extra tax savings. Under the old tax regime, NPS shines with an exclusive deduction of up to 50,000 rupees per year under Section 80CCD 1B. So, if you are in the 30% tax bracket, a 50,000-rupee investment in the NPS can help you reduce your taxes by up to 15,600 Rs.

Number two: Returns. NPS has the potential for your wealth to grow while helping you save tax, and it also has amongst the lowest annual fees.

Number three: It is an Exempt-Exempt-Exempt scheme. In it, taxes exempt on investment, taxes exempt on accumulation, and taxes exempt on maturity. So, when you retire at the age of 60, you can withdraw 60% of your NPS corpus completely tax-free and draw a regular income from the balance amount through an annuity. And you can also opt to stay invested till you're 75.

Watch this short video to know about 3 essential government schemes every woman should know!

SEBI has introduced a new investment category called Specialized Investment Fund! Watch this short video to learn more about this new asset class.

How does the IVR scam work and why is it so dangerous? Watch this short video for a detailed explanation!

Ready to conquer intraday trading but don’t know where to start? Watch this video to learn about 5 powerful strategies that help traders make smarter decisions