Skip to main content

Featured Post

A Comprehensive Guide What Are the Best Stocks to Buy on the NSE?

  Introduction   India’s National Stock Exchange (NSE) is one of the world’s most dynamic value markets, advertising speculators introduction to a wide cluster of sectors—from data innovation and pharmaceuticals to buyer merchandise and budgetary administrations. As the Indian economy proceeds to develop, numerous retail and organization financial specialists ponder which stocks merit a put in their portfolios. Whereas there is no one ‑ size ‑ fits ‑ all reply, a taught approach that centres on essentials, valuation, and macro ‑ economic patterns can offer assistance you recognize high ‑ quality companies with solid development prospects.   Understanding the NSE Scene Metric What It Means for Investors Market Capitalization Large ‑ cap stocks (₹10,000 crore +) tend to be more liquid and less volatile, while mid ‑ caps and small ‑ caps can offer higher growth but come with greater risk. Liquidity (Average Dail...
Post a Comment

Use UPI carefully; prevent online phishing, Internet fraud

Use UPI carefully; prevent online phishing, Internet fraud



Digital transactions have increased in the COVID19 era, but in the meantime fraudsters have also become active. Thugs are targeting people while doing digital transactions. Unified Payment Interface (UPI), the biggest fraud is exposed in transactions. Through UPI payment you can do cashless, real-time transactions. Many banks periodically issue advisories on their social media platforms warning customers that they should avoid such thugs. Know about phishing and types of phishing and what you should do to prevent online fraud.

 

Spear Phishing: Phishing is forgeries send unauthorized payment links via SMS or spear phishing email. Actually, online phishing sites URL will look like the real URL to you. If you click on that link in haste without thinking, it will ask you to go to the UPI payment app installed on your phone and ask you to select any app for auto-debit. With your permission, the amount will be debited from the UPI app immediately.

 

Remote Screening Mirror Tool: Given the risk of the corona, most companies are getting their employees home to work forms. So many people are downloading a remote screen mirroring tool that can connect your phone or laptop via WiFi for a larger display like a smartphone. You have to keep in mind that you should be cautious while downloading anything from Google Play or Apple App Store as all the digital payment apps present are not authentic.

 

OTP, UPI to Fraud: When you transact through your chosen UPI app, you will have to enter either a one-time password (OTP) or UPI PIN. For OTP authentication, your bank sends an OTP via SMS to the registered mobile number. Your transaction is done after OTP is verified. Online fraudsters call you on any pretext and ask for OTP in talk and money is debited from your account.

 

UPI handles: Counterfeiters make bank calls as representatives. Just the UPI social media page (Twitter, Facebook, etc.) has the same name word as NPCI, BHIM or any bank or government organization does not make it authentic. Always remember that government agencies, banks and other financial institutions never ask for financial information through SMS. The phishing solutions are that you should only download apps that are authentic and verified by the Google Play Store or Apple Store.

 

RBI issues warnings from time to time to internet fraud prevention. The top bank says, do not give personal details to anyone over phone call/email/SMS/web-link. If in doubt, check the customer support number on the official website of your bank.


 

Labels:

Comments

Post a Comment

Popular posts from this blog

Know All About Sovereign Gold Bond Scheme (SGB)

    The first time Sovereign Gold Bond Scheme was first introduced by the Government of India in the Union Budget of 2015-16. It was introduced by the Government of India to reduce the demand for the physical gold form and a part of this physical gold is bought every year in the form of gold bands for the purpose of invest in SGB.   Latest on Sovereign Gold Bond Scheme    A tenth tranche of the buy SGB Series – The Sovereign Gold Bond Scheme 2021-22 - Series X in which the Reserve Bank of India (RBI) sell gold bonds linked to the market price of gold on behalf of the government made available for investment will be open for buy SGB for the period from February 28th to March 4th.   What is Sovereign Gold Bond?   The Sovereign Gold Bond is an initiative taken by the Government of India to reduce the demand for physical gold as per the Reserve Bank of India as the increasing import of gold is affecting the growth and investment of India. Large quantities ...
Post a Comment
Read more

Know that senior citizens get many special concessions in income tax

  People above 60 years of age, i.e., senior citizens, not only get the benefit of income tax exemption but also receive special relief from income tax on investments and returns. Elderly citizens do not have to pay any income tax on income up to Rs 3 lakh.   Exemption in tax limit under 80C limit: The tax exemption limit for old citizens in a financial year is Rs 3 lakh, while a common man gets tax exemption only up to Rs 2.5 lakh. For very senior citizens who are above 80 years of age, it is Rs 5 lakh. That is, if the annual income of a senior citizen is up to Rs 3 lakh and TDS has not been deducted, then he need not file an income tax return. Similarly, very senior citizens need not file income tax returns if they do not have an annual income up to Rs 5 lakh.   If the age is more than 75 years then no return is required: Those above 75 years of age are not required to file tax returns. There is no any need to file ITR for people above 75 years of age who are ...
Post a Comment
Read more

What is the Orange Economy? Top Sectors to Invest in 2026.

  In a time when mechanization and machine learning are changing conventional businesses, a flourishing portion of the worldwide economy is illustrating that human resourcefulness is still a important asset. The "Orange Economy"—also known as the imaginative economy or social industries—has played a major part in protecting culture, making occupations, and developing the economy. But what is this energetic thought, and why is it picking up conspicuousness in discussions almost worldwide development?   What is the Orange Economy?   The express "Orange Economy" was at first utilized by previous Colombian President Iván Duque Márquez and previous Culture Serve Felipe Buitrago. Concurring to the Inter-American Improvement Bank, it is "the organize of interconnected forms through which thoughts are turned into social merchandise and administrations whose esteem is decided by mental property."   Orange was particularly picked since it has been related with devel...
Post a Comment
Read more