The New Pension Scheme (NPS), launched by the government, was extended to all citizens of the country from May 1, 2009. Under the scheme, 50 per cent of the funds is allowed for investment in the stock markets.
Here are the answers to six most relevant questions you MUST know about the New Pension Scheme.
Speaking to BBC's File on 4 programme on Tuesday, Punjab's director general of police, said money was reaching terrorists from Britain-based supporters via informal funding channels in the Sikh community.
State Bank of India, UTI AMC and Life Insurance Corporation will start investing the corpus of the new pension system (NPS), estimated around Rs 2,000 crore (Rs 20 billion) now, in market instruments including 15 per cent in equities from end-June 2008.
Pawan Kumar, organising secretary of the Bharatiya Mazdoor Sangh (BMS) affiliated to the Rashtriya Swayamsevak Sangh (RSS), tells Aditi Phadnis it will join forces with other trade unions if necessary to oppose the Employees' Provident Fund Organisation (EPFO) provisions in the Union Budget.
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
AIBOC in a letter to the Prime Minister, has said the government should not expect the banking fraternity to "join the political campaign of #MainBhiChowkidar" unless issues related to merger of banks, salary revision and staff recruitment, among others, are addressed.
The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.
While mutual funds charge fees of 1-1.5 per cent of assets managed, that for pension funds could be a hundredth since the two investment streams are dramatically different.
'The top 10 industries encompass 84% of the total new payrolls, indicating that industry is coming on steam after the initial hiccups following GST,' say Soumya Kanti Ghosh and Pulak Ghosh.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
Rain played spoilsport as the One-Day match between India 'A' and South Africa 'A' was abandoned after 35 overs in the first innings, taking the Manish Pandey-led side to the top of points table in the quadrangular contest. The Indians were struggling for most part of the 35.2 overs bowled today after being put in to bat at the Harrup Park. Openers Mandeep Singh (29 of 51 balls) and Karun Nair (15 of 25 balls) put on 31 in eight overs before the latter was dismissed by Dwaine Pretorius.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Rather than one-year returns, look at benefits of long-term investment in equity.
'Any Muslim who shows even the slightest hint of revolutionary thought is marked as 'infected'.' 'At that point, he is taken to the nearest Detention Centre where a procedure called Reconditioning awaits him.' 'Areas with a high Muslim population have been designated as Scheduled Religion Zones.' 'To be an active participant in this social cleansing ritual, there is only one prerequisite: You have to be an undying patriot whose friend and family is his country.'
Ignore these and you will end holding duds
Tax Guru Anil Rego answers your personal income tax queries
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
Facing flak over its decision to impose tax at the time of withdrawal on 60 per cent of the contributions to Employees' Provident Fund, the government on Tuesday clarified that only interest accrued on 60 per cent contribution to EPF after April 1, 2016 will be taxed.
It is best to invest long-term surplus in stocks or equity mutual funds.
Unique Identification Authority of India (UIDAI) on Monday appealed people to register or update their mobile numbers in Aadhaar for easy access of various government services online.
There shall be two dates for grant of increment - January 1 and July 1 every year
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Goyal also announced hiking of tax free gratuity to Rs 30 lakh from existing Rs 20 lakh for employees having service of more than five years.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
Trump had come under fire from both Republicans and Democrats for his muted response to the violence unleashed by white supremacists during a rally in Charlottesville.
7 million jobs will be created in formal sector in FY18
This mindless medley of products does not create choice.
Whether salaried or running your own business, it's about time to get your investment proofs in tax-saving instruments ready for filing your income tax returns later this year.
Delhi police has approached the US-based woman to file a complaint for the alleged indecent behaviour of Shiv Kumar Yadav, the accused in the Uber rape case, on November 26 when she had taken his cab during her India visit.
...for others it would be an incentive to participate more robustly in equities and other tax instruments.
It's high time we now turn the popular question on its head -- when there is no growth in jobs for several years, how can the real GDP grow at 7 per cent per annum, says Mahesh Vyas.
'Concerns about India's future are hampering private investment.' 'If the private sector sees strategy, teams and execution on these issues, this will inspire confidence in India.' 'This should be our main strategy for 2017,' says Ajay Shah.
FM's proposal came under immediate attack from various employees unions
It's better to inform your new employer about income earned and deduction availed with the previous one.
In an online chat with Rediff.com readers, personal finance expert Anil Rego answered queries about the new tax regime announced in the Union Budget.
Before you file your income tax return this year, have a look at the amendments that might help you take the most possible tax benefit.
