It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
It is not clear at this stage whether Tata will take up the government's offer of taking a 25 per cent stake in the business.
Though the Congress, AAP and other Opposition parties may have high hopes and some positive takeaways to seize on from the results, it is the BJP which has a big headstart and is firmly in the lead.
In a setback to the ruling Bharatiya Janata Party-Balasahebanchi Shiv Sena combine in Maharashtra, the Opposition Maha Vikas Aghadi-backed candidates clinched two of the five legislative council seats which were up for grabs in biennial elections from teachers and graduates segments, and appeared poised to bag a third seat also.
The delay in receiving the revised pension was due to problems in calculation at his bank's end.
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.
Batting great Sachin Tendulkar has called on the Board of Control for Cricket in India to recognise the Cricket Association for the Blind in India (CABI) and bring its players under the Board's pension scheme.
The economists who signed the letter included Jean Drze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi
SBI Q3FY24 result review: A higher-than-factored weakness in the October-to-December quarter (Q3) results of State Bank of India (SBI), for financial year 2023-24 (FY24), has prompted brokerages to cut earnings estimates for the ongoing financial year. They, however, have maintained 'Buy' ratings on the stock, revising target price upwards in some cases, owing to the stock's recent underperformance relative to its peers.
On March 13, Minister of State for Finance Pankaj Chaudhary had tabled the second batch of supplementary demands for grants in the House amounting to a total of Rs 2,70,508.89 crore.
Ask your HR department for details about the fund, trustees and returns
Soldiers remain firm in their protest against the delay in the implementation of the One Rank One Pension scheme.
Withdrawals from EPF and NPS to have same tax rates.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
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.
Leading up to the International Women's Day on March 8, this is the first of a four-part series that talks about how women can invest to achieve their long-term financial goals.
The Securities and Exchange Board of India (Sebi) may allow non-resident Indians (NRIs) and Overseas Citizens of India (OCIs) greater exposure to domestic equities if their investments are sent through foreign portfolio investors (FPIs) registered at the GIFT City International Financial Services Centre (IFSC). The proposal will be taken during Sebi's board meeting on Saturday along with other key agenda items such as easing of voluntary delisting mechanism and introduction of a regulatory framework for real estate fractional ownership platforms, said people in the know. At present, the combined holdings of NRIs and OCIs in a global fund have to be less than 50 per cent, while that of a single NRI or OCI is capped at 25 per cent.
For long-term financial security, millennials must not only provide social security for their young families but also ensure that their financial burdens are not passed down to their families, says Casparus Kromhout.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The CM said after the talks with the Lt Governor, he and his cabinet colleagues met at the committee room and it was decided "unanimously" by ministers and legislators that "the agitations including jail bharo and massive fast slated for February 20 and 21 are suspended".
While looking to give a boost to the mutual fund sector with some contribution from about Rs 5.5 lakh crore (Rs 5.5 trillion) corpus being managed by Employee Provident Fund Organisation, Sebi feels that age restrictions would safeguard investors from 'unnecessary risks' during years closer to their retirement.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Migrant workers play a very vital role in building the nation and their rights cannot be ignored at all, the Supreme Court said on Thursday while asking the Centre to devise a mechanism so that they receive food grains without ration cards.
The choice should depend on the size of the retirement corpus, stage in life, and state of health.
Currently, banks are closed every second and fourth Saturday of a month. Why shouldn't they be shut every Saturday? When most customers carry their banks in their pocket (the app on the mobile phone), there is no need to keep banks open on Saturdays, argues Tamal Bandyopadhyay.
80% of beneficiaries in 300 districts to be linked with direct benefits transfer
With the new pension system attracting lukewarm response from citizens, interim regulator PFRDA today expressed hope that the Budget would provide tax exemption to individuals at the time of entry to encourage them to opt for the scheme.
For large numbers of employees in the government system, the month-end salary cheque is no longer guaranteed. So the days of the government and State-owned enterprises wanting to be ideal employers are over, observes T N Ninan.
As of now, foreign employees applying for withdrawal of provident funds are required to open bank accounts in India.
It was Singh's second meeting with the chiefs of the Army, Navy and the Air Force for the second straight day on the issue.
Terming as "historic" the Centre's decision on 'One Rank, One Pension', the Bharatiya Janata Party on Saturday said Prime Minister Narendra Modi has fulfilled the commitment he made to ex-servicemen and provided them economic security while Congress had only played a "joke" on them when in power.
Ashwini Vaishnaw has repeatedly warned officials "to take VRS and sit at home" if they did not perform.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.
rediffGURU Sunil Lala answers your MF-related queries.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
The protests, which is into its third day in the state, caused massive disruption of railway services at Buxar and Kahalgaon, officials of East Central Railways said.
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