The 40 per cent exemption benefit is applicable only for employees.
While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.
In his maiden foray in the state election, Yadav won from the Karhal assembly seat by a margin of 67,504 votes.
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
Since there are many and complicated choices, retail investors stand to benefit
Th report predicted that the world population is to reach eight billion by mid-November 2022.
7 million jobs will be created in formal sector in FY18
'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'
Raise in NPS entry age gives seniors another retirement-saving option but they should invest at least Rs 50,000 to avail of the additional tax benefit scheme provides, reports Sanjay Kumar Singh
It's unfortunate the govt seems close to bowing to pressure from a limited section of the public.
Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
It also promised financial assistance of Rs 24,000 annually to all dependent widows and single mothers, two free LPG cylinders to all the beneficiaries of the PM Ujjwala Yojana and 24x7 power supply.
Modi said not a single leader of the opposition grouping INDIA has uttered a word against the "disrespect" for women.
What drives Pakistani men to join its military, despite the toll it takes on them?
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
'Maybe the State wants to be watching people all the time. But when they are watching, others too may be watching!' 'The State is becoming more and more secretive while throwing people to the wolves.'
Jyoti 'Jay' Chaudhuri, general counsel and senior adviser to the state treasurer of the US state of North Carolina, was elected chairman of the board of the Council of Institutional Investors, last month.
If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.
Given its features as a retirement product (long lock-in and compulsory annuitisation), investors should have other investments they can fall back on in case they need funds
Indian regulators have identified certain groups as 'financial conglomerates' and they are being monitored closely for any systemic risks they may pose.
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
There is no dearth of political will today to act against corruption and officers should take action against the corrupt, however powerful, without any hesitation, Prime Minister Narendra Modi said on Monday.
It is best to invest long-term surplus in stocks or equity mutual funds.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
The aggressive life cycle fund will allow equity exposure of up to 75%, up from the current limit of 50%.
BJP-ruled states push through amendments to laws, aim to get larger share of FDI pie
EPF is the major vehicle for the long-term savings of organised private sector employees.
EPFO may start investing up to five per cent of its incremental corpus in the equity market.
The deduction will be higher and net take-home pay will fall.
'He is exposing the failings of the BJP, which is rankling the party.'
'We're hitting at the core strength of our armed forces.'
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
The completely avoidable mess that the finance ministry found itself in was rather surprising, says Debashis Basu.
While we seem to want soldiers on short-term engagement, warfare itself is getting more technical and needs skilled manpower. The world has seen the dismal performance of armies that rely on short tour of duty soldiers or have outsourced war to 'contractors' in Afghanistan and now in Ukraine, points out Colonel Anil A Athale (retd).
Bank shares were the top losers after sharp gains last week.
The raising of the entry age in NPS has opened up an attractive new investment avenue for senior citizens, says Arnav Pandya.
Protestors continued to target railway properties in Bihar and West Bengal on Saturday to vent their ire against the Agnipath defence recruitment scheme disrupting train services in the eastern region for the fourth day in a row, while demonstrations were held on roads in Odisha and Jharkhand.
7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
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