News for 'Funds Transfer Scheme'

Avoid these ELSS investment mistakes for higher returns

Avoid these ELSS investment mistakes for higher returns

Rediff.com2 Feb 2017

When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh

BJP releases MCD poll manifesto, promises no new tax, Rs 10 meals

BJP releases MCD poll manifesto, promises no new tax, Rs 10 meals

Rediff.com16 Apr 2017

Delhi BJP chief Manoj Tiwari, who released the manifesto along with senior party leaders, including Union ministers Harsh Vardhan and Vijay Goel, said, "The sankalp patra embodies Prime Minister Narendra Modi's policies and the views of party president Amit Shah.

Dynastic corruption growing challenge: PM Modi

Dynastic corruption growing challenge: PM Modi

Rediff.com27 Oct 2020

If suitable action is not taken in corruption cases, it becomes normalised in society, the prime minister said. When a generation sees that a corrupt person in the family is let off without or very little punishment, their courage to indulge in corrupt activities grows manifolds, he said.

Do you have an inoperative bank account?

Do you have an inoperative bank account?

Rediff.com9 May 2014

The Reserve Bank of India has told banks not to levy penal charges for non-maintenance of minimum balances in any inoperative account.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

US charges 61 people in Indian call centre scam

US charges 61 people in Indian call centre scam

Rediff.com27 Oct 2016

More than 60 individuals and entities, an overwhelming number of them Indians, were on Thursday charged by the Justice Department for allegedly participating in a multi-million dollar scam involving call centres based in India which conned thousands of American citizens.

Ask Anil: Your Tax Queries Answered

Ask Anil: Your Tax Queries Answered

Rediff.com13 Jul 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Sebi to tweak employee stock option norms

Sebi to tweak employee stock option norms

Rediff.com18 Jun 2014

The Primary Market Advisory Committee of Sebi has suggested some changes and the market regulator had sought public comments on the recommendations.

Bad-loan market may soon see flurry of activities

Bad-loan market may soon see flurry of activities

Rediff.com29 Nov 2021

Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?

EPFO comes of age: Enters stock market, embraces technology

EPFO comes of age: Enters stock market, embraces technology

Rediff.com23 Dec 2015

EFPO launched a number of new facilities this year.

Mamata vs CBI: All you need to know about the showdown

Mamata vs CBI: All you need to know about the showdown

Rediff.com5 Feb 2019

With the Supreme Court ordering Kolkata Police Commissioner Rajeev Kumar to appear before the Central Bureau of Investigation, the agency will finally be able to question the top cop in cases arising out of the Saradha chit fund scam probe.

SC agrees to hear Centre's plea on Aadhaar card

SC agrees to hear Centre's plea on Aadhaar card

Rediff.com4 Oct 2013

A bench headed by Chief Justice P Sathasivam said that the plea of the Centre would be taken up for hearing on October 8.

Stalin Prepares For Battle Of 2024

Stalin Prepares For Battle Of 2024

Rediff.com6 May 2022

The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.

EPFO allows 90% withdrawal to invest in pension

EPFO allows 90% withdrawal to invest in pension

Rediff.com19 Aug 2003

The Central Board of Trustees of Employees Provident Fund Organisation on Tuesday approved a scheme allowing subscribers to withdraw up to 90 per cent of the accruals to invest in Varishtha Pension Bima Yojana.

Waiting endlessly for AP govt to revert on special package: Jaitley

Waiting endlessly for AP govt to revert on special package: Jaitley

Rediff.com17 Mar 2018

"A solution has been put on the table. It is for Andhra Pradesh to decide whether they want the resources or they want to make an issue (out of it)," he said.

For panchayats, financial freedom is a distant dream

For panchayats, financial freedom is a distant dream

Rediff.com10 Jun 2016

The Finance Commission has substantially increased the allocation of funds to panchayats, but a large part of it is apportioned by state governments.

Ministries told to expedite budgetary process

Ministries told to expedite budgetary process

Rediff.com1 Nov 2014

Starting early will help departments to get funds faster.

EPFO settles 11 lakh claims in July, 43 lakh since April

EPFO settles 11 lakh claims in July, 43 lakh since April

Rediff.com6 Aug 2014

EPFO has recently issued Universal PF Account Numbers for 4.17 crore contributing members.

Rs 43,000 crore lies in inoperative EPF accounts

Rs 43,000 crore lies in inoperative EPF accounts

Rediff.com9 May 2016

EPFO has allotted Universal Account Number (UAN) for portability and consolidation of all previous accounts.

'Police and politicians are together in the notorious hafta system'

'Police and politicians are together in the notorious hafta system'

Rediff.com24 Mar 2021

'Param Bir's letter alleges that Waze was being used directly by the home minister.' 'I think an enquiry by a high court judge is the need of the hour.'

'Not a shining India, but there is a feel-good factor'

'Not a shining India, but there is a feel-good factor'

Rediff.com15 Nov 2018

'Life will not improve overnight; it will happen in a gradual manner.'

HIGHLIGHTS: Union Budget 2017-18

HIGHLIGHTS: Union Budget 2017-18

Rediff.com1 Feb 2017

Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.

India's push to offer banking for all stumbles on empty accounts

India's push to offer banking for all stumbles on empty accounts

Rediff.com12 Jun 2015

The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.

Modi @ 4: Bharatmala is going to be the highway sector's next big story

Modi @ 4: Bharatmala is going to be the highway sector's next big story

Rediff.com28 May 2018

The thrust will be on improving connectivity in economic corridors and remote and border areas with a view to hike trade and enable faster movement of cargo.

Modinomics Ain't Right. It's Hindu-Left

Modinomics Ain't Right. It's Hindu-Left

Rediff.com31 Jan 2022

It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.

Budget is a 5 year Test match, not a one-day event

Budget is a 5 year Test match, not a one-day event

Rediff.com24 Jun 2019

'The fiscal situation is stressed (when is it not?!), economic growth has slowed, tax revenue has fallen short and the deficit is high if it is properly accounted,' points out T N Ninan.

Retirees must ensure corpus lasts 25 years

Retirees must ensure corpus lasts 25 years

Rediff.com22 Jul 2016

Retirees must also try and purchase a senior citizens' policy, despite steep premiums.

RBI plays ball with govt, to simplify rules for start-ups

RBI plays ball with govt, to simplify rules for start-ups

Rediff.com2 Feb 2016

Underscoring the need to boost the start-up ecosystem, the Reserve Bank on Tuesday said it will simplify rules and regulations which impede their growth and ensure that an entrepreneur does not have to run from "pillar to post" to start a business.

Why infra firms in Andhra are staring at a bleak future

Why infra firms in Andhra are staring at a bleak future

Rediff.com4 Jun 2019

Bhogapuram international airport, Ramayapatnam and Bandar ports, the Muktyala lift irrigation scheme and a bridge across the Krishna river are some of the projects likely to be hit.

Panama Papers: Imran Khan submits evidence against Nawaz Sharif family

Panama Papers: Imran Khan submits evidence against Nawaz Sharif family

Rediff.com14 Nov 2016

Khan, the chairman of Pakistan Tehreek-i-Insaf submitted the documents containing details of alleged bank accounts held by the Sharif family and loan write-off schemes.

Govt 'extorting' people with fuel price hikes: Sonia

Govt 'extorting' people with fuel price hikes: Sonia

Rediff.com29 Jun 2020

She charged the government with profiteering at the expense of the people, saying its duty was to help them in times of crisis and not make profits out of their hard-earned money.

FinMin says no to Air India VRS

FinMin says no to Air India VRS

Rediff.com16 Sep 2013

Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries

They don't know what Rs 6,000 means for farmers: PM

They don't know what Rs 6,000 means for farmers: PM

Rediff.com3 Feb 2019

Speaking at the inauguration and laying of foundation schemes of various schemes, Modi said, Leh and Ladakh will also be benefited by this.

Govt may bring laws on Aadhaar, bankruptcy as money bills

Govt may bring laws on Aadhaar, bankruptcy as money bills

Rediff.com14 Dec 2015

The apex court had permitted only voluntary use of Aadhaar for welfare programmes including MGNREGA, all pension schemes, provident fund and Pradhan Mantri Jan Dhan Yojna.

INX Media: Delhi court summons Chidambaram, son Karti

INX Media: Delhi court summons Chidambaram, son Karti

Rediff.com25 Mar 2021

A Delhi court Wednesday issued summons to former Union minister P Chidambaram and his son Karti in the INX Media money-laundering case on taking cognisance of the charge sheet filed by the Enforcement Directorate (ED) against them.

6 reasons you must buy insurance

6 reasons you must buy insurance

Rediff.com17 Aug 2016

The most important of all is to save you from potential financial risks...

Refund Rs 49,000 cr to investors: Sebi to PACL

Refund Rs 49,000 cr to investors: Sebi to PACL

Rediff.com23 Aug 2014

Amount more than twice the size of Sahara's; collective investment scheme operator has 3 months to return money and wind up.

RBI puts restriction on cash payment for marriage expenses

RBI puts restriction on cash payment for marriage expenses

Rediff.com21 Nov 2016

Banks have also been asked to keep records of all disbursals and drawers will have to submit a list person to whom payments will be made out of the funds

'Bad banks' make a comeback

'Bad banks' make a comeback

Rediff.com9 Jun 2018

The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.