rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Don't solely focus on tax-saving alone.
The official said that the National Statistical Commission (NSC) is examining the working group report on the roadmap for introducing the PPI and their recommendations are awaited. "It is with Statistical Commission, so we will wait for the panel recommendation," the official, who did not wish to be named, said.
United States President Joe Biden arrived in Tel Aviv on Wednesday to meet Israeli Prime Minister Benjamin Netanyahu and show support to its Middle Eastern ally as Israel entered into the 12th day of war against the Hamas terror group.
The United States military forces on Thursday (US local time) conducted self-defence strikes on two facilities in eastern Syria used by Iran's Islamic Revolutionary Guard Corps (IRGC) and affiliated groups.
The US on Wednesday favoured a thorough investigation into killing of a Khalistani separatist in Canada in June, two days after Canadian Prime Minister Justin Trudeau's allegations of a "potential" involvement of Indian government agents in the case kicked up a major diplomatic row between New Delhi and Ottawa.
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
Pakistan's powerful Army has contradicted Prime Minister Imran Khan's remarks accusing America of hatching a conspiracy to topple his government, saying there was no evidence of interference in the country's internal matters, according to a media report.
With the reduction, term deposits of 1-3 years will now fetch an interest rate of 5.5 per cent from the existing 6.9 per cent.
The government on Friday raised interest rates on most post office saving schemes by up to 0.7 per cent for the April-June 2023 quarter in line with the firming of interest rates in the economy. While the interest rates for popular PPF and savings deposits have been retained at 7.1 per cent and 4 per cent, respectively, there has been an increase between 0.1 per cent and 0.7 per cent in other saving schemes, a finance ministry statement said. The highest increase was in the interest rate of the National Savings Certificate (NSC), which will now attract 7.7 per cent, up from 7 per cent, for the April 1 to June 30, 2023 period.
Finance Minister Nirmala Sitharaman on Thursday said the government will roll back a steep interest rate cut on small saving schemes such as PPF and NSC -- saying it was an oversight, a move being seen as an attempt by the ruling Bharatiya Janata Party to contain the fallout of a decision hitting the common man in the ongoing elections in West Bengal, Assam and three other states.
There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.
With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.
Pakistan Army said on Thursday that it has 'nothing to do with politics' and it will remain apolitical in the future as well, as the powerful institution asserted that its chief General Qamar Javed Bajwa was not seeking an extension and will neither accept one.
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
The most important institutions have been and are being undermined with almost no resistance, warns Aakar Patel.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
That does not mean it cannot and will not happen, General Mark Milley, chairman of the US Joint Chiefs of Staff, said on Friday.
For claiming exemption from HRA, you need to provide rent receipt or rent agreement to your employer, based on which your employer will calcuate the exemption and deduct TDS accordingly from your salary, says tax expert Vikas Gandhi.
Defence is at the heart of the India-United relationship, so it is interesting that General Lloyd Austin, the US secretary for defense, was not among the officials present when Joe Biden met Prime Minister Narendra Damodardas Modi for their first meeting since Biden became president in January.
The former navy commander, who resigned and joined the US-based software company, allegedly introduced US diplomat Rosanna Minchew to "contacts" in the NSCS.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Shah said BJP worker's family had complained that his body had been taken away forcibly.
Pakistan summoned a senior US diplomat here and lodged a strong protest over America's alleged "interference" in its internal affairs, according to media reports on Friday.
Khan said the Pakistan government was 'determined to demonstrate' that it is capable of protecting its people.
In an army that favours officers who have spent the bulk of their service years doing counter-insurgency operations in Jammu and Kashmir, General Anil Chauhan is that rarity: A China specialist who has logged plenty of service years along the Line of Actual Control and the McMahon Line with China.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
Though there was no immediate confirmation about whether Saini had been formally arrested, informed sources said he was picked up from his residence on the intervening night of July three and four.
As Ukrainian soldiers battle Russian forces in the east and south, Shakhtar are due to play Metalist 1925 from the embattled eastern city of Kharkiv
Pakistan's Opposition leaders have ridiculed Khan's allegation, and the US has dismissed it.
Implementing the commitment of United States President Barack Obama to deepen Indo-US strategic ties, the White House has carved out a separate India Desk at its National Security Council.
While India's High Commissioner Bisaria is in Islamabad, his Pakistani counterpart Moin-ul-Haq is yet to take charge in New Delhi.
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Releasing the survey report after taking into account the expert committee recommendations, Statistics Secretary Pravin Srivastava told reporter, "It is a new design and a new matrix. It would be unfair to compare it with the past. This 45- year high is your interpretation. I don't want to claim that it is 45-year low or high."
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
The government has hiked the interest rate on Public Provident Fund account (PPF) to 8.6 per cent from 8 per cent. The investment ceiling has been raised to Rs 1 lakh a year.
'We have communicated that SAPM (Special Assistant to Pakistani Prime Minister) on Health (Zafar Mirza) will be available to participate in the video conference of SAARC member countries on the issue,' Pakistan Foreign Office Spokesperson Aisha Farooqui said in a tweet on Friday.
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