Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
It raises three major questions - the incentive compatibility issue, the fairness issue and fiscal challenge, said Panagariya.
The Kerala chief minister's four years in office may well be remembered for the way he handled Cyclone Ockhi, two floods, Nipah, and now COVID-19, reports Shine Jacob.
Siddaramaiah announces free LGP gas, universal health scheme in budget
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Recently, the government announced yet another ambitious scheme aimed at providing health insurance to 50 crore individuals.
Congress President Sonia Gandhi and her deputy Rahul Gandhi on Saturday refrained from commenting on Prime Minister Narendra Modi's Independence Day speech.
'UBI is a tricky subject.' 'Our worry is the government could get rid of UPA's social welfare schemes targeted at the poor.'
According to the report, financial assets of the Indian households are predominantly in the form of bank deposits, followed by life insurance - a pattern that got disrupted after note ban
If you plan to withdraw money from your corpus regularly to meet expenses, have a portfolio of stable instruments.
The department notified ITR 1-Sahaj and ITR 4-Sugam in January against the usual practice of notifying returns in April, with disclosure requirements related to cash deposits, spending on foreign travel, and electricity. The notification of the returns followed Budget announcements making income-tax return filing mandatory for certain persons even if their income was below the taxable limit.
1.46 lakh such consumers have voluntarily given up the subsidy.
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
Naveen Kukreja explains the finer points to keep in mind while planning for your retirement.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
Protesting ex-servicemen allege they were manhandled by the Delhi police
'There is no money with the villagers as there is little work.'
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
Protests at this time when efforts are underway to strengthen the PLA and keep morale high would be worrying for the military leadership, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.
Arun Jaitley had a tough fiscal hill to climb.
'If Modi is talking to every Tom, Dick and Harry, why is he afraid of talking to ex-servicemen?'
Though the wily TRS supremo, credited with achieving the separate state of Telangana, stopped short of saying he was about to declare dissolution of the assembly, none doubted its imminence.
The raising of the entry age in NPS has opened up an attractive new investment avenue for senior citizens, says Arnav Pandya.
The next phase of the COVID-19 vaccination drive for people above 60 years and those aged 45 and above with comorbidities will begin from March 1 and registration on the Co-WIN2.0 portal will open at 9 am on Monday.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Jaitley's fifth Budget has provided little relief to the middle class.
The court was hearing petitions challenging the Aadhaar scheme.
Congress president Sonia Gandhi on Tuesday wrote to Prime Minister Narendra Modi suggesting five measures to conserve money for the fight against COVID-19, including a complete ban on media advertisements by government and PSUs for two years and suspending the Central Vista beautification project.
Pensioners, India Inc may get tax breaks in Budget
Defence Minister A K Antony on Sunday said there was no question of any compromise with regard to the case relating to the two Italian marines who had allegedly shot dead two Indian fishermen off Kerala coast in February 2012.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
The elections were recently postponed.
Sensex is under pressure due to concerns in the global market.
It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.
EFPO launched a number of new facilities this year.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
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