The Public Provident Fund is one of the safest and convenient modes of investment.
Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.
'Many enter the civil services with the desire to do good work but get beaten by the system, step back or become part of it.' 'Ten fantastic officers out of 100 can completely change the game.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
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.
Attacking the Samajwadi Party, Prime Minister Narendra Modi on Thursday said it supported rioters and the mafia, and fielded criminals in western Uttar Pradesh for the assembly elections.
Replying to the debate in Rajya Sabha on a motion thanking the president for his address to the joint sitting of both houses of Parliament, he said for the first time in decades, people of Jammu and Kashmir got benefits of reservation.
Last week, Premier League players had launched the Players Together Fund, which primarily aims to help the NHS.
Banks are in need of government support to manage the stressed assets
Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.
Labelling All India United Democratic Front chief Badruddin Ajmal as the 'enemy of Assam', state minister Himanta Biswa Sarma on Sunday asserted that he is an extremist in protecting Indian and the Assamese culture.
The Pradhan Mantri Jan Dhan Yojana scheme will help eradicate poverty and curb corruption at the grassroot level, industry said.
The government last month had approved a plum Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and offering VRS to employees so that the combined entity turns profitable in two years.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Leader of Opposition Mallikarjun Kharge, speaking on the Motion of Thanks on the President's address, charged the government with not delivering on its various promises, including generating two crore jobs per year.
British Prime Minister Boris Johnson led the tributes with UK Chancellor Rishi Sunak at 10 Downing Street for the National Health Service (NHS) and other key workers across care homes and public transport at 11 am local time. So far 82 NHS staff are known to have died after testing positive for the coronavirus, including many with their roots in India.
'It could tempt investors to pick stocks that are not fundamentally sound.'
Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.
Good intentions and elaborate roadmaps apart, there is an urgent need for the Tamil Nadu chief minister to come up with branded schemes like MGR's meal scheme, asserts N Sathiya Moorthy.
Swastika's father Sandeep, who is also her coach-cum-training partner, has been rendered jobless for more than four months and is finding it difficult to pay the rent for the house they are staying in at Navi Mumbai.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
Budget-makers in North Block are looking to maintain this fiscal status quo, in spite of tax revenues nowhere close to where the government wants and in spite of possible higher expenditure commitments.
Conservative investors and those in the lower tax bracket should opt for these, experts tell Sanjay Kumar Singh
'We had decided that India was unique and had overcome Covid.' 'Other nations ordered vaccines on time.' 'They let their scientists determine whether the battle against the pandemic was won instead of a divinely inspired leadership,' asserts Aakar Patel.
A report submitted by the consortium of seven Indian Institutes of Technology on way to rejuvenate the Ganga river is at heart of Prime Minister Narendra Modi's ambitious plan to restore the glory of the river.
The Union government is keen to ensure financial security for unorganised sector workers
Floats from 13 states, including Bihar, West Bengal, Odisha weren't present at parade
'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.
The Centre's programmes of maternity benefit and Child Protection Services also got a major boost in the 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.
'I'm 79 + now, and I've been doing all this since my late 20s.' 'Sometimes the ideological war extends to the home as well.' 'Many nights I couldn't sleep when someone close to me uttered the smallest insult.' 'It would cause me a lot of pain. But one has to be honest to oneself.'
Sidhu said there would be no need for Amarinder to go for power cuts or to regulate the office timings if the state acts "in the right direction".
While we have our wish lists ready, it's only on February 28 that the verdict will be out. We do hope the FM plays Santa and brings some good cheer in this financial year. Meanwhile let's take a moment and list our expectations.
'By calling names and using unparliamentary language, they are trying to divert people's attention from the issues of electricity, water, and income.'
Modi also pitched for a social movement to ensure the safety of women and girls.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
In a first-of-its-kind scheme, the Indian Railways has installed a squat machine at the Anand Vihar station and 30 squats in front of it will generate a free platform ticket.
An Aadhaar card can fast-track the KYC procedure for some instruments.
