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Govt to give pension to families who lost earning members to Covid

The government on Saturday announced a string of measures, including a pension for dependents of those having lost their lives due to COVID-19, among other benefits for the families who lost their......

How you can get up to Rs 7 lakh+ tax exemption

Salaried employees get several benefits under Sections 80C, 80D, 80G and others.Sanjay Kumar Singh and Priya Nair tell you how to invest wisely.Illustration: Dominic Xavier/Rediff.com For many......

Jawan gets 7 years for leaking sensitive info to Pak

A Delhi court has sentenced an army jawan to seven years in jail for doubling as a Pakistan intelligence agent and supplying sensitive defence-related information to the neighbouring country.......

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of......

Poll star Sitharaman woos middle class, women with tax and savings sops

In the Modi government's last full Budget before general elections, Finance Minister Nirmala Sitharaman on Wednesday unveiled tax rebates and saving plans to woo the middle class, women and......

Will PMC Bank depositors get their money?

There will be different ways of returning the money, depending on the profile of the depositors and the amount, predicts Tamal Bandyopadhyay. IMAGE: People wait outside a PMC (Punjab and......

How Piramal managed to outbid Oaktree, Adani for DHFL

When the third round of bids was opened, Oaktree’s offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with......

Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget

The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage......

US charges Allen Stanford with 'massive' fraud

Texas billionaire Allen Stanford and three of his companies were charged with "massive" fraud on Tuesday as federal agents swooped down on his US headquarters. In a civil complaint filed in......

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