Rediff readers tell us what they did with their first salaries.
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.
If someone does reduce his contribution, he should scale it back to the 12% level as soon as he can, suggests Sanjay Kumar Singh.
Raj Kumar Vaishya enrolled in NOU last year in September to achieve his dream of acquiring a master's degree
Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided
Economists on Saturday urged Finance Minister P Chidambaram to give a "big push" to the economy by stepping up investment in agriculture and infrastructure besides rationalising taxes, introducing value added tax
The Centre has decided to appoint a private fund manager to manage the proposed social security scheme fund for the informal sector, to be launched on January 23.
Sandeep Shanbhag offers tips on post Budget taxation rates.
Non-government provident funds have been allowed to invest five per cent of their assets in blue-chip shares and 10 per cent in corporate debts and equity-oriented mutual funds from April 2005.
The two major railway unions have proposed to the government an unprecedented alternative to privatisation or inviting foreign investment, to help raise funds and improve revenue.
The Central Board of Trustees of the EPFO will meet on Friday to decide on the setting up of separate agencies for recovery of arrears and audit, and the rollover of interest of the IFCI.
Rediff readers tell us what their first salary was and what it meant to them at the time.
The apex court said that a debate on polls reforms can only take place after the election process in the state is over.
While Chanda Kochhar got a pay of Rs 2.66 crore, Arundhati Bhattacharya took home only Rs 28.96 lakh
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
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.
'Premature lifting of the lockdown will spread the disease from asymptomatics, and those undetected, to the whole community, ushering in prolonged misery, preventable and avoidable deaths, famine and social unrest,' warns Dr Debashish Danda.
Employees' Provident Fund Organisation has been allowing members to contribute more than mandatory amount towards their pension account.
Failure to deliver on governance, corruption allegations, preoccupation with Lok Sabha and gram panchayat polls and factionalism have weakened Siddaramaiah's government in Karnataka. This may well hand the BJP a chance to make a comeback in the state, says Raghu Krishnan.
In May, EPFO received deposits of Rs 6,500 crores (Rs 65 billion) which, is 200 crores more than what was received in April this year.
When Khayyam talked about his favourite singer, the song he can never forget and the film that won him the National Award.
The government on Tuesday said PPF will not be taxed on withdrawal and only the interest accrued on contributions to employee provident fund made after April 1 will be taxed.
The Finance Ministry has given its consent to the EPFO to invest from 5 per cent to 15 per cent of the investable income of the organisation every year.
Besides managing retirement funds, EPFO may come out with a scheme to provide housing to its over 5 crore (50 million) subscribers on additional contribution of 10 per cent by them from their basic wages every month.
The Finance Ministry has been pitching for EPFO funds to be invested in the equity markets to maximise their yields.
Business Processing Outsourcing (BPO) and Knowledge processing Outsourcing (KPO) firms are covered by the retirement fund body EPFO, Parliament was informed.
Centre took Rs 1,002 bn from here in 2017-18, sharply up from Rs 904 bn a year before and Rs 123.6 bn in FY14
The completely avoidable mess that the finance ministry found itself in was rather surprising, says Debashis Basu.
Puri earned a salary of Rs 7.39 crore in FY15, up 21.74% from last year
CEA offers three compelling arguments in his case for privatisation of government-owned banks.
'The reason is that you may not enter the branch but you want to see it near you as it establishes trust.'
The Centre on Monday told the Supreme Court that securing Aadhar cards, being issued by Unique Identification Authority of India (UIDAI), was optional and it has not made it mandatory for the citizens.
Urimai Kural, part of the Gram Vaani community radio station that spans 15 states, serves as a much-needed helpline for harassed garment factory workers.
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