'When we say we want to increase pension participation, do we want to increase participation through the savings route?' 'Or do we want people to save in specific pension products?' asks Renuka Sane.
The Bharatiya Janata Party and its allies on Tuesday welcomed the Union Budget and said it focussed on youth, farmers, women, and has 'substantial allocations' for Maharashtra, but the opposition slammed the annual financial statement, claiming it neglected the western state and only seeks to please the saffron outfit's partners in Bihar and Andhra Pradesh.
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
Preparing for the XAT requires a balanced approach, focusing on conceptual understanding, regular practice, and strategic planning, says Rahul K Shukla, convenor, XAT and admissions, XLRI-Xavier School of Management.
Congress leader Kumari Selja ruled out the possibility of an alliance with the AAP for the Haryana assembly polls.
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
For those looking for more affordable options, purchasing an under-construction property could be a smart move, as these generally cost less than ready-to-move-in properties.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.
Finance ministry maintains that all KYC requirements will be followed.
NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.
A broken prosthetic leg just 15 minutes before the start of a domestic competition taught Rudransh another lesson in life -- to be ready with a tool-kit to promptly repair the contraption.
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.
Tax-saving equity-linked savings schemes saw month-on-month rise in inflows at Rs 1,166 crores.
MARD has lost deposits on all seats it has contested so far since it was formed in 2018 but its leaders say they are undeterred by elections losses.
Transit accommodation in the Western Court Annexe or state bhavans will be provided to the newly-elected members who don't already have a government house in Delhi till they are provided regular accommodation by the Lok Sabha's House Committee, it said.
SIP top-ups are especially beneficial for young investors, who may start with a small SIP installment and grow it over their working careers, says Dwaipayan Bose.
India's financial sector is dominated by large government-owned and private-sector banks.
But the government will present a second tranche of Supplementary Demands for Grants during the Budget session of Parliament in February, when it can seek additional spending.
The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.
The interim Budget proposals that will be presented on February 1 in the backdrop of the general elections scheduled in April/May 2024 are likely to have a hint of populism, believe analysts, but are unlikely to derail the government from its path of fiscal prudence.
Gandhi said the debate would end after these two questions only, but he also wants to ask the prime minister why did he ask the public to bang plates and flash mobile phones when people were suffering from the Covid pandemic.
"During the Congress regime, the news headlines were of India handing over another dossier to Pakistan about terror activities. Some of our friends in media used to clap after such any such dossier was sent," Modi said at an election rally in Maharashtra's Latur.
'It has been an ongoing process, talking to the relevant ministries about eliminating leakages and curbing non-core expenditure in various schemes.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Use this window to lock into bank FDs; unless govt cuts small savings rates, banks may not cut deposit rates
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
"I am fighting a big battle to save my country from the corrupt. That is why they are behind bars today and not getting bail even from the Supreme Court," Modi said.
For Rohit, it has always been about fierce loyalty, having captained Mumbai in 11 editions and leading them to five trophies.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
They can be used as collateral for loans and can be sold or traded on stock exchanges
India has 20,000 tonnes of idle gold; gold is an important aspect of women empowerment: PM.
West Bengal Chief Minister Mamata Banerjee on Saturday accused NIA officials of attacking villagers in Purba Medinipur district, the BJP hit back at her saying that the attack on the NIA officials is Sandeshkhalli 2.0 orchestrated by the state.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
Days ahead of the Budget, Reserve Bank Governor Raghuram Rajan on Wednesday pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh a year.
Few in Varanasi expect the result to be different from 2014 and 2019. The only point of interest is whether Narendra Modi will increase his winning margin against his rivals.
The middle class is a big force to fulfil dreams of a prosperous and developed India and our government has taken many decisions to empower it, the prime minister said.
