If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
Veterans protesting for early implementation of One Rank, One Pension are likely to meet Modi in the last week of August.
Taxation has played spoilsport despite double digit returns.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
Pilot's demand to order a probe and take action in the alleged mining scam during the previous BJP government and other corruption allegations was supported by state cabinet minister Pratap Singh Khachariyawas.
Tata Steel has a very British problem. The performance of Europe dragged the steel major's October-December (Q3FY23) performance with the UK business accounting for a major part of the operating loss; on the bottom line, the overhang of the British Steel Pension Scheme (BSPS) showed. And a nearly three-year discussion with the UK government on a support package for a green transition resulted in an offer that fell short of the ask.
The CBI after registering the FIRs carried out searches on Thursday morning at 14 locations in Jammu, Srinagar, Delhi, Mumbai, Noida in Uttar Pradesh, Trivandrum in Kerala and Darbhanga in Bihar, they said.
On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.
Sources said Tewari, who has publicly lauded the Agnipath scheme and termed it as a much-needed reform in the armed forces, has taken a stand contrary to that taken by his party.
Since NPS is used for a long-term goal like retirement, allowing younger investors to have higher exposure to equities will give them a chance to earn higher returns.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Rathore also reacted to the protest in the constituency in support of former MLA Rajpal Singh Shekhawat, saying the BJP is the only party that gives everybody opportunity to move forward.
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.
The 70-year-old ex-serviceman Ram Kishan Grewal committed suicide by consuming poison at a park in New Delhi area on Tuesday evening.
Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.
The march, which commenced from Nashik on March 6, will culminate in Mumbai on Monday and protestors plan to gherao the Vidhan Bhavan where the Budget session of the state legislature is underway, said organisers.
Modi said the newly-sworn in government took four major decisions related to farmers' and traders welfare in the first meeting of the Union Cabinet.
Armed forces veterans have expressed mixed reaction to the Agnipath scheme under which soldiers will be recruited in the Army, the Navy and the Air Force, largely on a short-term contractual basis, with an aim to cut the ballooning salary and pensions bill.
As the second wave of the pandemic ebbs and the daily caseload falls, the struggles of the urban poor have come into focus. Many have suffered income and job losses after two successive waves. The second wave, in particular, has seen the poor being hit hard on account of lack of medical and financial help. For the fast-moving consumer goods (FMCG) companies this has meant that an important segment is under severe distress.
Business Processing Outsourcing (BPO) and Knowledge processing Outsourcing (KPO) firms are covered by the retirement fund body EPFO, Parliament was informed.
Industry leaders, including Mahindra Group chairman Anand Mahindra, RPG Enterprises chairman Harsh Goenka and Biocon Ltd chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate sector. Mahindra also expressed dismay over the violence against the scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. The Agnipath scheme, announced on June 14, provides for the recruitment of youths between the age bracket of 17-and-half years to 21 for only four years with a provision to retain 25 per cent of them for 15 more years.
Here's a recap of events that occurred in India in the past 24 hours.
A rickshaw puller in Uttar Pradesh got a lucky ride on Thursday when he took Paytm chief executive officer Vijay Shekhar Sharma to Uttar Pradesh Chief Minister Akhilesh Yadav's residence.
The entire world is taking up the habit of 'namaste', Modi said.
Hundreds of army veterans held a 'Sainik Ekta' rally to press for "honest and truthful justice" as they rejected the One Rank One Pension scheme announced by the government even as some ex-servicemen groups dissociated themselves from the demonstration.
The BJP also promised Rs 25,000 to girls from economically weaker sections under the 'Rani Gaidinliu Nupi Maheiroi Singi Scheme' if voted back to power.
It also promised financial assistance of Rs 24,000 annually to all dependent widows and single mothers, two free LPG cylinders to all the beneficiaries of the PM Ujjwala Yojana and 24x7 power supply.
After publication and broadcast of the news, the district administration constituted a committee of revenue and health officials for an inquiry into the news report, the FIR said.
Foreign portfolio investors (FPIs) are likely to get a reprieve from the Securities and Exchange Board of India (Sebi) in case of a passive or unintended breach of the thresholds that trigger additional disclosure norms. According to sources, FPIs whose single group exposure exceeds 50 per cent of their corpus will get 10 trading days to bring down their exposure below the prescribed level, without triggering the stricter disclosure norms. If total equity exposure of an overseas fund exceeds Rs 25,000 crore and it doesn't wish to provide additional disclosures, it will have three months to pare its exposure.
Rajasthan Congress chief Sachin Pilot said the manifesto was prepared after taking opinions through multiple platforms such as social media.
rediffGURU Mihir Tanna answers your income tax queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Notwithstanding "advice" from Defence Minister Manohar Parrikar to put off their stir, a third veteran on Tuesday joined the fast-unto-death by ex-servicemen as part of the agitation to press for implementation of 'One Rank One Pension' scheme.
'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'
rediffGURU Sunil Lala answers your MF-related queries.
For MP, the SP is open for an alliance with the Congress, but decision in this regard will be taken at the right time, SP sources said.
Prime Minister Narendra Modi on Thursday said India has become the fifth largest economy in the world and this is not an ordinary achievement. "Every Indian is feeling proud of it. We need to maintain this enthusiasm," Modi said. He was virtually addressing beneficiaries of various government schemes and those present at a mega medical camp organised in Olpad area of Surat city in Gujarat, where the Assembly polls are due later this year.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Khalid Saifullah created Missing Voters, an app which enables people to conveniently apply for voter cards.
