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Utilizing gifted money to settle outstanding debts, such as credit card balances or loans, can be highly beneficial.
In India, two popular government-backed options are the Public Provident Fund and the National Pension System.
India, ranking fifth with a GDP of $4,112 billion, showcases rapid economic growth.
For TDS purposes, employees must declare their preferred tax regime to their employers once a year.
NPCI plans to meet with representatives from fintech firms like CRED, Flipkart, Fampay, Amazon etc.