When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum.
Tax expert Anil Rego answers readers' questions about how Finance Minister Piyush Goyal's Budget affects you.
'Why did government not include a provision in the bills which categorically stated that no crop will be sold below the MSP in the open market?'
TDS merely means the bank will pay you the entire interest amount without forwarding the tax on it to the government.
After underperforming its peers in the consumer space in 2022-23, and experiencing a mixed bag in the 2023-24 (FY24) April-June quarter (first quarter, or Q1), brokerages are positive about the medium-term outlook for liquor stocks. Higher raw material costs, concerns regarding increased duties, regulatory changes, and competitive pressures weighed on performance returns in the past quarters. Analysts believe that the sector could experience a reversal of fortunes due to better demand and margin improvements.
The district officials named 306 other unrecognized Islamic education institutions in their report as illegal.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Here are the key highlights of the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha on Friday.
It would be ludicrous to expect Modi, Erdogan or Biden to pay to keep blue ticks on their respective official accounts. It would be equally ludicrous to expect the Delhi Metro or the Income Tax Department to pay, points out Devangshu Datta.
While an impending rate cut is a good reason to enter debt funds, another is the high valuations in equity markets.
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
Nearly 3.64 lakh educated and "semi-educated" youngsters had registered with employment exchanges across Gujarat till December 2021, according to state government data.
How investors can tweak their fixed income investments to earn more in the current environment.
The Bharatiya Janata Party swept Madhya Pradesh, Rajasthan and Chhattisgarh on Sunday inflicting a resounding defeat on the Congress to tighten its stranglehold in the Hindi heartland, in a big boost for Prime Minister Narendra Modi and setting the tone for the 2024 Lok Sabha elections.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
With the merger between HDFC Bank and HDFC Ltd complete, analysts said the next key monitorable for the Street would be successful resolution of merger-related hiccups, including employee-related churn and roll out of complete banking services across branches. At the bourses, they expect the stock to perform in-line with the benchmark indices in the near-term. "There's usually an initial period of consolidation after a merger as the entities work towards integration.
Prospective buyers must make a well-considered decision regarding whether this is the right time to buy a house, particularly with home loan rates at near-peak levels, and the risk of job losses looming in many sectors.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Jaitley's fifth Budget has provided little relief to the middle class.
It may sound bizarre, but incidents of public sector bankers dying by suicide could probably equal the number of such bankers quitting their jobs, reveals Tamal Bandyopadhyay.
Not declaring the black money under the scheme now, but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty. In case the disclosure is not made either using the scheme or in return, a further 10 per cent penalty on tax will be levied followed by prosecution.
The Union government is keen to ensure financial security for unorganised sector workers
As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.
The market players were expecting that if long-term gains are taxed, the STT would go. But this has not happened, says Debashis Basu.
Depending on your liquidity requirement, invest in the right debt instruments.
Goa Chief Minister Manohar Parrikar, who is tipped to become the Union defence minister, on Saturday tendered his resignation from the post paving way for the appointment of his successor in the state.
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Party insiders concede statements of the Raja kind have the potential to hurt the DMK's electoral chances in closely-fought seats in 2024, observes N Sathiya Moorthy.
If Nirmala Sitharaman does indeed present a 'never-before' like Budget on February 1, going by her promise, she would create a new benchmark for post-contraction Budgets, observes A K Bhattacharya.
His likable boy-next-door face and casual approach to public speaking have a unique appeal for the younger generation, but it stops there, observes N Sathiya Moorthy.
The Congress won 77 seats or 42% of seats in the 2017 polls. How then can Gujarat be called a BJP bastion, asks Sanjeev Nayyar.
'We have not hijacked the party, the NCP and the Congress have hijacked it'
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
If you're a salaried person there are many ways to save taxes
The Public Provident Fund is one of the safest and convenient modes of investment.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.
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