Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A group of ex-servicemen on Monday announced that they will boycott all official functions, including ongoing 50th anniversary celebrations of the victory in 1965 war, in protest against delay over implementation of "One Rank One Pension" by the government.
Jaitley is expected to present a common man friendly Budget.
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Denmark has been rated as the country with the best retirement system in the world.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'The rate of interest from the EPF is still attractive compared to the rates on fixed deposits, National Savings Scheme, Public Provident Fund...'
When Finance Minister Nirmala Sitharaman tables her Budget on February 1, the numbers could be something to cheer.
When farmers are deprived of fair MSP and jawans of the OROP, it is not the right time to hike salaries/pension for MPs, said the Congress.
You need not worry even if there is a mismatch between your income and deduction in Form 16/16A and Form 26AS, says Ashley Coutinho
The Modi government has not lived up to the muscularity the prime minister promised while campaigning, says Ajai Shukla
Sector to see funding push; tax reforms as well as sops to wait longer.
The ten central trade unions have demanded a cash transfer of Rs 7,500 a month to all families that do not pay income tax, free ration of 10 kg per head in a month to all the needy, expansion of the Mahatma Gandhi National Rural Employment scheme to cover more days of job, withdrawal of labour codes and farm bills, halt on privatisation, universal pension coverage and withdrawal of "draconian" circular on forced premature retirement of government officials.
'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.
The first stage of the inclusion strategy was focussed on opening bank accounts, logically seen as creating the last-mile channels for financial access.
RBI wants periodic revision of the pensions for its retired employees.
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.
The move is likely to help 4.59 lakh housing units across the country.
With the One Rank One Pension scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is to take a final decision on granting of "organised services" status to them.
'Dear PM, INC supports the salary cut for MPs. Please note that MPLAD is meant to execute developmental works in the constituency. Suspending it is a huge disservice to the constituents and will undermine the role and functions of MP,' Congress chief spokesperson Randeep Surjewala said on Twitter.
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
If receipts from disinvestment, tax buoyancy and black money scheme offset shortfall in spectrum sale, higher expenditure due to pay commission's recommendations and capital expenditure, then the government would be able to meet the target of controlling fiscal deficit at 3.5 per cent of GDP this financial year.
To help the country emerge as a true welfare State, political parties must put the country's interests first before strategising to win elections and short-term goals, argues Ramesh Menon.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The impact of economic slump was visible in the Budget's fine print, as this step-by-step explanation show how the Budget math was worked out, reports Abhishek Waghmare.
Even as Chinese troops continue squatting on territory that we claim as our own -- this was the lowest allocation for defence in percentage terms since the 1950s, reveals Ajai Shukla.
Lack of awareness about the scheme, especially in villages, has created a situation where expectations are turning into disappointment.
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
The centre pays only an insulting Rs 200 per pensioner each month at a tight-fisted 0.04 per cent of GDP, among the lowest in the world. Instead, as illustrated by Jean Drze, one option is for NYAY to provide individual rather than household entitlements to all pensioners of at least Rs 1200 per month.
After years of disappointing growth, the economy and the markets are poised for a breakout, notes Akash Prakash.
'There is still scope for selective stockpicking.'
The Narendra Modi government on Saturday announced acceptance of the long-pending demand for 'One Rank One Pension' but the ex-servicemen who have been on agitation rejected the key details of the decision and said their 84-day long stir will continue.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
Tax Guru Anil Rego answers your personal income tax queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Archit Gupta on how can you maximise your savings and reduce your taxable income.
'If approved it will be a voluntary engagement and there will be no dilution in selection criteria'
However, ration card, driving licence, voter identity card, Kisan passbook with photo, job card issued under MGNREGS and a certificate issued by a gazetted officer or a tehsildar will be admissible as proof of identity for people to get the benefits under the scheme till the time they get Aadhaar.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Indian tax laws offer start-ups ways to save taxes.
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