Taxation has played spoilsport despite double digit returns.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
On retirement, you will draw a lesser amount as pension.
Farmers with land sizes less than 0.01 hectare have an average annual income of Rs 54732 and annual consumption of Rs 61296, thereby, a debt of Rs 6564 each year. Compare this with the minimum pay for a government employee, says Devanik Saha.
EPFO has verified or attested 64.67 lakh Aadhaar numbers.
On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.
'How is the scheme running despite running such massive deficits?' 'This is because the number of new members are much more than earlier members who are drawing pension.' 'If this was done by a private organisation, it would have been called a Ponzi scheme in which the contribution by new members is being used to pay off old members,' says Harsh Roongta.
Reduction in the mandatory minimum contribution and extension to invest in the scheme from 60 years to 70 years has made the National Pension Scheme more friendly, says Anil Chopra, Group CEO & Director Bajaj Capital
It's time we dispensed with the paper trail and shifted all labour law paper, workflows and permissions online.
Insurance firms have designed amazing retirment plans to lure more customers.
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
The Congress vice president wrote to Prime Minister Narendra Modi saying he was saddened at the decisions of the government taken in the last few weeks
The CMOAI had earlier called for a three-day strike that began on Thursday.
The Bharatiya Janata Party has released its manifesto for the upcoming Nagaland assembly elections, promising a special package for the eastern part of the state and establishment of a board for the holistic development of the region if the party returns to power for the second time in a row.
Bournemouth have furloughed staff while top executives and coaches have taken voluntary pay cuts to help ease the financial impact of the coronavirus crisis on the south-coast side, the Premier League club said on Wednesday.
FM's proposal came under immediate attack from various employees unions
'There are no new benefits for senior citizens, but on the other hand senior citizens having sizeable dividend income may have to suffer tax at applicable slab rates,' says Mahesh Padmanabhan.
'Where in the world you get 12.5 per cent return of interest?'
Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19, the National Statistical Office (NSO) said in a report.
Not only were Urjit and Rajan outsiders, they also hired laterally, bypassing the existing talent, especially in the field of economics
Investors across age groups and risk appetite can invest in these schemes.
Supreme Court allows more instruments to use the biometric card.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The greatest unknown in this risky initiative lies in the way human relationships will play out -- not just between the Agniveers, who will be competing with their fellows for permanent jobs beyond their four-year tenures -- but also between the Agniveers and existing full-time soldiers, warns Ajai Shukla.
Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19.
The recommendations will benefit 47 lakh central government employees and 52 lakh pensioners.
The PM targeted the Opposition after launching the National Sickle Cell Anemia Eradication Mission 2047 by unveiling a portal and releasing a guideline for the management of the disease and different modules at Shahdol in Madhya Pradesh.
What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
While govt has decided to maintain status quo, don't use the money for house, marriage or education
Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation
Plan these investments well rather than just doing random investments at the beginning of the year or rushing in at the end, advises Harshad Chetanwala, co-founder, MyWealthGrowth.
The retirement fund body plans to launch 'One Employee One EPF Account' system on May 1.
Rationalisation in taxation on the retirement scheme puts significant money in the hands of investors.
Rahul Gandhi said Modi should instil confidence in the employees and voters by withdrawing the proposal.
Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19.
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