Yes, in some cases banks can freeze the bank account linked to crypto trading, like suspicious transactions, violation of policies, not following the income tax law in the case of crypto exchange, and many more.

So to avoid all these problems completely, do the KYC, use the well-known crypto exchanges, and avoid large and frequent transactions.

For converting crypto to cash, there is a fees and 1% TDS changes. Also Besides 30% tax, 1% TDS also applies.

Vested Finance, INDmoney, Groww, and Fi Money are all the best platforms that offer you the opportunity to invest in US stocks and ETFs.  All these platforms have brokerage charges, like Vested Finance charges 0.25% of the trade amount and max $35, and Fi Money charges zero brokerage and withdrawal fees to your linked Federal Bank account. INDmoney doesn't charge any fees, but forex fees apply.

But before investing, TCS (Tax Collected at Source) is applicable on overseas investment if your investment exceeds ₹7 lakh in a financial year.

The interest rate of RBI Floating Bonds varies every 6 months (January 1st and July 1st), unlike the fixed-rate bonds, after ensuring the return reflects current market conditions. The RBI links these rates to the National Savings Certificate (NSC) rate, with a fixed spread added.

The unit allocations totally depend on Net Asset Value (NAV) on the day your investment is processed and aren't directly linked to market declines. Lower NAV during a market fall means more units for a fixed investment.

To check your total unit ownership, check your CAS (Consolidated Account Statement) or AMC statements for your total units.

Senior citizens currently receive 8.55% from Bandhan Bank, while others receive 8.05%. The RBI's monetary policy, inflation trends, liquidity, and the state of the economy as a whole are some of the variables that affect FD rates.

For your fishery business in a rural area, there is one scheme run by the central government that is Pradhan Mantri Matsya Sampada Yojana (PMMSY). It provides financial assistance, cage culture, and setting up hatcheries. They also provide training.

The Fisheries and Aquaculture Infrastructure Development Fund (FIDF) also provides infrastructure development for your fishery business; through Mudra Yojana, you can apply for the small loans.

To avail yourself of this scheme, apply through the District Fisheries Office with all the necessary documents.

Yes, through RBI Retail Direct and NSE goBID, you can directly invest in Treasury Bills. These platforms are very easy to use, and you can access them online. The minimum investment amount is ₹10,000.

Yes, you can change the date and amount for your SIP at any time, and you can update this on the mutual fund website.

Your fund house doesn't cancel or charge you for missing your first SIP. But always remember continuously missing the payments can definitely cancel your SIP, so try not to miss your SIP, as this will impact your portfolio.

If all the details are correct, the funds will appear in your WazirX balance within 6 hours on working days. If you deposit after 9 PM or on weekends, then it will be done on the next working day.

About your second query, you can't fund your WazirX account using a bank account that is not in your name. WazirX requires the bank account and WazirX account name to be the same; this will prevent you from any kind of fraud.

The Bitcoin transaction fee structures are totally based on the transaction size and maker/taker roles.
For small and large transactions, WazirX and CoinDCX are excellent options, as they offer competitive fees.
Binance and Kraken may offer lower fees for larger trades due to volume discounts.
For small transactions, CoinSwitch and Mudrex are excellent options.

NPS pension payouts at retirement involve withdrawing up to 60% as a lump sum, with the remaining 40% mandatorily used for an annuity.

For smaller corpus amounts (under ₹5 lakh), full withdrawal is permitted. Initiation can be done online via the CRA website or offline through a physical form.

To open an NPS account, you need to submit your PAN, Aadhar card, photo, bank details, and address proof.  SBI Bank, HDFC, and ICICI are the most reliable bank options.

Yes, the BHIM app offers features like transaction history and QR code payments. There is a new updated version, BHIM 3.0. This update includes BHIM Vega, which lets you pay directly within apps. Additionally, it may have features to assist merchants in better viewing and comprehending their transactions.

PNB offers mainly five types of credit cards:

PNB RuPay Credit Cards: These cards often focus on shopping, travel, and rewards, with benefits like reward points, lounge access, and insurance coverage. Based upon your requirement, you can get 3 different variants of this card: PNB RuPay Platinum Card, PNB RuPay Select Card, and PNB RuPay Millennial Card.

PNB VISA Credit Cards: These are all-purpose cards suitable for shopping, dining, travel, and fuel. This includes PNB Visa Classic Card, PNB Visa Gold Card, PNB Visa Platinum Card, and PNB Visa Signature Card variants. These cards have higher reward points.

PNB Rakshak RuPay credit cards: Only defense personnel are eligible for Rakshak RuPay credit cards, which offer advantages including insurance coverage, high reward points, and lounge access. PNB Rakshak RuPay Platinum Card and PNB Rakshak RuPay Select Card are the two variants of this card.

Co-Branded Credit Cards (PNB Patanjali RuPay Cards): offering additional cashback and benefits at Patanjali stores. The variants include the PNB Patanjali RuPay Platinum Card, PNB Patanjali RuPay Select Card, and PNB EMT RuPay Card, which provides travel-related benefits.

Specialized Credit Cards: PNB Wave & Pay Credit Card provides contactless payments for quick and secure transactions.

The Indian government backs T-bills, making them a safe investment for short-term parking. Currently, T-bills offer 6.9% returns, and FD offers 6–7% only. While FD interest is fully taxable, T-bills offer discounted returns.

To get an accurate house value, use professional appraisals, check online valuation tools, and compare recent sales of similar properties. Consider market trends, location quality, and property condition to ensure a smart long-term investment.

Hii,
I am a senior citizen. In the old tax regime, there were special advantages in tax rates for senior citizens. Does the new tax regime allow any special exemption for interest earned by senior citizens from savings or fixed deposits? Are deductions on medical insurance premiums still available for senior citizens in the new tax regime?

Yes, you can register your online wooden furniture business based on your business structure. You can do the basic registration yourself online.
GST registration is also required if your turnover is more than ₹40 lakhs (₹20 lakhs for some special category states). For GST registration, a CA can help you prevent errors and ensure compliance.

If US banks adopt blockchain for payments, then it could influence Indian Bitcoin trading, which would increase the overall crypto legitimacy and potentially shift investment from Bitcoin to other digital assets.

But in India crypto is not being used for payments, and I don't know how much time this whole process will take.