It is best to invest long-term surplus in stocks or equity mutual funds.
EPF is the major vehicle for the long-term savings of organised private sector employees.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The verdict was announced after the government submitted a 'new summary' to extend the service of 59-year-old Gen Bajwa.
Madhya Pradesh has nearly 750,000 employees who would share the benefit of the pay hike.
Raghunath Nayak, a gardener at Birla House, displayed immense courage in chasing the Mahatma's murderer, overpowering him at the risk of his life.
The key gain from using Aadhaar will be a drastic cut in impersonation and fictitious identities, thereby plugging a major loophole through which a lot of leakage in subsidy payment takes place.
The agency has predicted that monsoon will also be a major factor.
Modi, who was in France on the first leg of his three-nation tour, said there have been a number of constructive changes in the last five years.
'The Chinese made their point repeatedly after August 5. They backed Pakistan more overtly than in the past.' 'Kashmir is not completely off their radar. But in order to keep the atmosphere surrounding the Chennai meeting, they did not discuss Kashmir.'
Upon implementation of the 7th Pay Commission the expected yearly burden on the central exchequer will be more than Rs 100,000 crore. Central government employees will get on an average a 24 per cent pay hike. Still, the unions aren't happy.
'When the Congress tied up with Chandrababu Naidu, they helped trigger Telangana pride.'
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
PSB branches will work fulltime on the 1st and 3rd Saturday.
'Milking poorly performing or easily marketable assets is the way to deliver more money for key programmes,' says T N Ninan.
Targeting parties who are opposing the note ban, he claimed some people are upset as his decision has struck the "ring leader of thieves".
Universal basic income or social security? Economist Nitin Desai feels we need a blueprint for universal health care and pensions to help the vulnerable section.
But do not expect the finance minister to fulfil all these wishes
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
The decline is attributed to lower salary growth and a rise in households' financial liabilities.
Classically, the Japanese - who are not guided by short-termism - added capacity during slumps to be ready to reap their good fortune when the business cycle turned upwards again and shortages emerged, says Subir Roy.
In an age when the electorate is increasingly impatient and changes governments every 5 years, how did the Tamil Nadu chief minister beat anti-incumbency?
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
With a focus on direct, indirect, and corporate tax structures, the Budget 2016-17 offers a balanced taxation structure
You can still save money, says Samkit Maniar
'In the case of an India-Pakistan confrontation, the Chinese may undertake more than just posturing, thereby constraining us from deploying adequate forces for decisive results,' warns Brigadier S K Chatterji (retd).
Temporary workers not only lack job security, they get less pay and an inferior overall package.
The gap between Nifty's price-earnings multiple and economic growth is at a 12-year high
'If the TRS, with 75% seats in the Telangana assembly, can be coerced into a sense of resignation by a tiny party that has just 10% of seats, then questions have to be asked about KCR's mettle as leader,' says Sudhir Bisht.
The British government has been under pressure to help a sale process go through after Tata said it would sell its British business.
'The government must understand that the Indian Railways is like a Kamdhenu cow. It can look after your GDP, it can look after the health of the nation. But the Kamdhenu cow also needs nourishment.' 'You have not at all looked after the Indian Railways, you have ill treated the Indian Railways, you have mistreated the Indian Railways and you have given the Indian Railways step motherly treatment.' 'I don't think this government has understood the Indian Railways.'
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
'The Modi government's greatest blunder is to exploit sensitive external relations in its domestic politics,' says Shekhar Gupta.
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
The protection of individual security and privacy is critical to building safe online systems, say Mitchell Baker and Ankit Gadgil.
How could India@75 improve law and order, courts, social, physical and soft infrastructure, efficient cities, e-governance, ease of doing business and other essential state functions by 2022, asks Shailesh Pathak.
Park only savings that need not be touched for many years, says Devangshu Datta.
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