Defence Minister Rajnath Singh on Monday said swift and transparent decision-making and availability of optimal resources were needed for a country's combat readiness.
The pre-Budget proposals sent to the finance ministry aim to bring uniformity in tax treatment for investments in different financial sectors, mitigate hardship to retail taxpayers, and encourage participation in mutual funds.
Neither the BJP, nor the Congress before it, made any manifesto commitments on defence spending, even though allocations have plummeted from 4 per cent of gross domestic product (GDP) in the late 1980s to less than 2 per cent today, points out Ajai Shukla.
After being banned for three years, Nijel Amos is selling his Olympic silver medal to support his family.
Days after JP Morgan announced the inclusion of government bonds in its emerging market (EM) bond index, a host of banks and other financial institutions (FIs) are set to tap the debt market. They plan to raise Rs 18,000 crore by issuing non-convertible debentures (NCDs) and bonds. National Bank for Agriculture and Rural Development (Nabard) plans to raise up to Rs 3,000 crore via five-year social impact bonds on Tuesday, the first of its kind in India.
While no specific state-oriented sops were rolled out, a strong thread of political wellness ran through the Budget.
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
In his maiden foray in the state election, Yadav won from the Karhal assembly seat by a margin of 67,504 votes.
Since there are many and complicated choices, retail investors stand to benefit
7 million jobs will be created in formal sector in FY18
Th report predicted that the world population is to reach eight billion by mid-November 2022.
It's unfortunate the govt seems close to bowing to pressure from a limited section of the public.
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
Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
'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.'
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.
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
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.
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?
If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.
'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.'
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.
It is best to invest long-term surplus in stocks or equity mutual funds.
The aggressive life cycle fund will allow equity exposure of up to 75%, up from the current limit of 50%.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
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.
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.
The deduction will be higher and net take-home pay will fall.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
'We're hitting at the core strength of our armed forces.'
The completely avoidable mess that the finance ministry found itself in was rather surprising, says Debashis Basu.
'He is exposing the failings of the BJP, which is rankling the party.'
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.
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