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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters. Real GDP was +3.2%

Marketing 148
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Crack The Code to Financial Freedom: NPS and PPF Demystified!

BankBazaar

We’ll try and cover everything that is out there because , more than anything, we want you to start 2024 strong! Both Public Provident Fund (PPF) and National Pension Scheme (NPS) encourage you to save regularly and are backed by the government. The added perk is its tax benefit – investing in PPF allows you to save up to ₹ 1.5

Taxes 78
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The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. There is a reason for this.

Marketing 195
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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC filing deadline is October 2024. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects.

Taxes 195
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The Guardian view on a Tory resignation: a minister goes over government failure | Editorial

TheGuardian

The National Audit Office last December warned it had “limited verification, and no credit checks on borrowers, which made it vulnerable to fraud and losses”. Lord Agnew thinks doing so would give Mr Sunak a “sporting chance of cutting income tax before a likely May 2024 election”. His departure should be a wake-up call.

Fraud 75
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Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

PYMNTS

Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. The central bank is currently requesting comments on the design of the service, which it expects to make available in 2023 or 2024. The 2020 private-sector adjustment factor (PSAF) of $18.9 million was also approved.

Kansas 101
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Union Budget 2021: Highlights

BankBazaar

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. National Asset Monetising Pipeline launched to monitor asset monetisation process. National Rail Plan created to bring a future-ready Railway system by 2030. Recycling capacity of ports to be doubled by 2024.

Metro 122