President Droupadi Murmu conferred 26 Shaurya Chakras (seven posthumous) to personnel of the armed forces, Central Armed Police Forces and state/Union Territory Police during a defence investiture ceremony.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
An open letter written by women employees of KFA alleged that the company did not pay salaries
The EPFO, which has 50 million subscribers, provides annual interest of 8.75 per cent on provident fund deposits.
The EPFO has about 5 crore (50 million) subscribers and the decision will have a bearing on their retirement fund.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
It's such a well-kept secret that even well-heeled financial planners aren't aware of it, says Harsh Roongta.
As of now, foreign employees applying for withdrawal of provident funds are required to open bank accounts in India.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The Election Commission on Sunday ordered the suspension of Telangana Director General of Police (DGP) Anjani Kumar for violation of the model code of conduct amid the counting of votes, sources said.
To take the 'Idea to Enterprise' journey, you need to be open about your idea and articulate it to potential customers, existing entrepreneurs, experts in your industry and well-wishers.
The Supreme Court on Thursday directed Jalan-Kalrock consortium, the new owners of the cash-strapped Jet Airways, to deposit Rs 150 crore in SBI's escrow account by January 31, saying failure to do so will mean that the consortium is not in compliance with the terms of the resolution plan for reviving the airline. The top court, meanwhile, also refused to allow the separate plea of the Jet Aircraft Maintenance Engineers Welfare Association seeking payment of provident fund and gratuity dues, observing if additional money is awarded, the resolution plan will become "unworkable". The consortium, as per the lawyers for the workmen, has to pay over Rs 200 crore towards dues on account of PF and gratuity.
Employees of around 150 firms may lose out on PF benefits as their companies failed to get an exemption certificate from the Employees' Provident Fund Organisation (EPFO)
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
While financial planning is good for you, the process which a planner can put you through is not so great, observes financial planner P V Subramanyam.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'My protest was in the interest of the nation.' 'I am just doing my duty as a citizen of this country.'
Mumbai Indians captain Rohit Sharma should take a break from IPL 2023 and instead prepare in earnest for the WTC final against Australia next month, said batting great Sunil Gavaskar.
'They know that if they do not tie up with the Congress, then the minorities will move to the Congress.'
Debt as an investment avenue for the wealthy has been attracting more assets than equity. The portfolio management service (PMS) industry, whose services require a minimum investment of Rs 50 lakh, has seen a 4.4 per cent decline in equity assets since March 2022.
These are the four primary issues that have soured the relationship between SBI-led lenders and JKC and delayed the resumption of commercial flights by Jet Airways, once India's largest private airline, which went bankrupt in 2019. Over the past three years, the airline went through an insolvency process under which JKC's resolution plan was approved by a committee of creditors (lenders) and the National Company Law Tribunal (NCLT) in October 2020 and June 2021, respectively. But this didn't mean an end to the problems.
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
'Having a look the last couple of days it looks like it's prepared pretty similar (to Nagpur). It looks pretty dry.'
The amazing excuses given by people who don't invest their money abound, but you would be wise to ignore them. Excuses won't help you get ahead; they can only hold you back from the retirement you deserve, says financial planning advisor P V Subramanyam
Do you have financial planning queries? Ask rediffGURU Anil Rego.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Star Indian long jumper Murali Sreeshankar on Saturday qualified for the 2024 Paris Olympics after winning a silver medal in the Asian Athletics Championships.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax-exempt.
Under the Atmanirbhar Bharat Rozgar Yojana announced by the Centre to incentivise formal sector job creation, all 'new employees', who were never a part of the EPF system in the past, and those who made an exit from employment during the Covid-19 pandemic from March 1, 2020, to September 30, 2020, will be eligible for the benefit.
Post your financial planning queries for rediffGURU and financial planning expert, Colonel Sanjeev Govila.
According to the law, the contribution "should not be more than 5 per cent of the amount paid to gig workers. The government is likely to start seeking contribution from gig companies towards the fund from April 1, 2021.
Interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from April 1, 2021, a move aimed at taxing high-value depositors in the EPF. Finance Minister Nirmala Sitharaman said the Employee Provident Fund (EPF) is aimed at welfare of workers and any person earning less than Rs 2 lakh per month will not be affected by the Budget proposal. Expenditure secretary T V Somanathan said the number of people who actually contribute more than Rs 2.5 lakh is less than 1 per cent of the total number of contributors in the EPF.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Will the EPFO be required to deduct tax at source or will the employee have to calculate the tax and pay it separately?
By region, Thiruvananthapuram leads with 247 defaulters, followed by Kolkata with 173 and Bhubaneswar with 115
