'My father is a postman. My mother is a homemaker. No one in my family had studied medicine.' 'I wanted to be the first doctor in my family so I could listen to people like me and help them feel better about themselves,' says Archana Vijayan, an MBBS student with a disability, who was initially denied admission into medical school, even after passing the NEET twice.
Narendra Modi is one of the least affluent ministers in the Union Cabinet.
Post office savings deposit, recurring deposit accounts and the senior citizen savings scheme account have shown the highest growth in the current financial year.
The Comptroller and Auditor General of India (CAG) has pointed out several flaws in the financial practices of the Gujarat government and said there was a need to formulate a realistic budget based on the needs of the departments.
Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance. The insurers also want reduction in the goods and services tax (GST) rate of 18 per cent currently applied on health insurance products to 5 per cent to make such products more affordable to common people. Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1.
The continuing fiscal stimulus is heavily tilted towards capex, to the extent that it chips away a part of revenue spending. Accounting for other areas of revenue expenditure, such as salaries, pensions, subsidies and defence (committed spend), the room to spend on welfare schemes, health and education will narrow in FY22.
Even so, the PM's cash in hand is among the lowest when compared with his Cabinet colleagues
'Many non-resident taxpayers faced issues in filing Form 10F since the portal didn't allow those who didn't have PAN to file the form.'
Delhi Chief Minister Arvind Kejriwal on Friday said pollution levels declined in the national capital due to government initiatives as he announced a 15-point winter action plan to curb pollution.
While for the consumers, there is some gain and some pain, for India Inc, it's all about compliance, consolidation and parity
Animal's violence isn't for the fainted-hearted unless you have an appetite for Korean style mayhem, like Sukanya Verma.
NSC scores high on all three parameters that conservative investors are seeking -- safety, tax-adjusted returns and liquidity.
Use this window to lock into bank FDs; unless govt cuts small savings rates, banks may not cut deposit rates
Economist Dr Subramanian Swamy, whose Janata Party merged with the Bharatiya Janata Party in August, has issued the following press statement on the Indian economy and demanded the implementation of a four-point agenda to save it.
Some of the public banks showed improvement; much more still needs to be done
We take the opportunity to bust a few myths
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. Interest rates on small savings schemes are likely to be reduced very shortly, to maintain parity. All these steps would indeed affect retired people, and particularly those dependent on interest income, says Arindam Gupta.
Archit Gupta on how can you maximise your savings and reduce your taxable income.
If the corruption issue doesn't claim Mr Baghel, the Congress's chances in the assembly election later this year are good, observes Aditi Phadnis.
To contact MyGov Corona Helpdesk chatbot, citizens can save the WhatsApp number +91 9013151515 on their phones; start a chat by typing 'Book Slot' and send it to the number.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
Don't end up claiming tax by just referring to Section 80G. There are some sub-sections also.
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
They can be used as collateral for loans and can be sold or traded on stock exchanges
TDS merely means the bank will pay you the entire interest amount without forwarding the tax on it to the government.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
Calling for 'equal recognition of vaccines', COVAX on Thursday urged all governments to recognise as 'fully vaccinated' those people who have received COVID-19 vaccines deemed safe by World Health Organisation, saying any move that restricts travel of people based on the vaccines they have received is 'counter-effective, both in spirit and outcome'.
India will need to travel back in time and seek inspiration from football greats Tulsidas Balaram and Chuni Goswami to deftly dribble around and sidestep the West-imposed price cap on exports of Russian seaborne crude oil. India depends on imported oil to meet 86 per cent of its needs, of which nearly a quarter now comes from Russia. The copious flows are roughly 10 per cent cheaper than competing suppliers helping India save billions of dollars in fuel costs.
The recently approved government scheme provides both liquidity and returns.
In a letter to Defence Minister Rajnath Singh, party MP and spokesperson Priyanka Chaturvedi stated, "It would be a crying shame if we let go our history without giving the benefit of knowledge to our future generation.
Defining "modern medicine" for the first time, the National Medical Commission (NMC), in its code of conduct, has introduced a major change, proposing the use of "Med Dr" as a prefix for those registered under the NMC Act, 2019, as practitioners of modern medicine.
Because of a new notification, any retirement planning done by non-resident Indians through PPF will go for a toss, experts tell Sanjay Kumar Singh.
That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.
Former captain Rahul Dravid has reapplied for the position of Head of Cricket at the National Cricket Academy, a development that should end speculations about him replacing Ravi Shastri as head coach of the Indian team after the T20 World Cup in November.
Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.
No proof, no document, no biometric will be needed under it as NPR will be conducted through self-certification, said the minister.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
The Bal Puraskar was conferred by Prime Minister Narendra Modi, who gave digital certificates to the awardees using blockchain technology developed by IIT Kanpur.
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