There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Rules being drafted, to also cover unorganised sector; maternity benefit, old age pension, sickness allowance to be included
Strikes by pilots have already cost Lufthansa 130 million euros so far this year.
The two states account for 24% of total accounts opened under financial inclusion scheme.
Govt working on policy to regularise migrant workers, labour ministry puts out broad contours of the policy for public discussion
The proposal had attracted strong criticism from the salaried class.
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
It is worrisome that salaries are consuming as much expenditure as equipment.
When large companies fall into financial difficulties, it always amazes me to see where they turn first for help in overcoming their problems -- to their hourly workers and other frontline employees, who are asked to take pay cuts and reductions in benefits such as health insurance and pensions.
Javadekar asserted that the first 50 days have shown that Modi government's second term will be more effective and will build on the success of its previous tenure.
The Lok Sabha has passed the Salary, Allowance and Pension of Members of Parliament (Amendment) Bill.
Aadhaar now has legal backing but it still faces challenges of privacy and data sharing
'The right to shelter does not mean right to government accommodation. The government accommodation is meant for serving officers and officials and not to the retirees as a benevolence and distribution of largesse,' a bench of justices Hemant Gupta and A S Bopanna said in its judgement passed last week.
Since there are many and complicated choices, retail investors stand to benefit
Ahead of the festival season, the government on Thursday announced a 7 per cent hike in the dearness allowance of its employees which will give them some relief from near double digit inflation.
Converting what was supposed to be an interim budget or a vote on account into an almost full-fledged budget announcement in the Lok Sabha, Finance Minister Piyush Goyal proposed an array of incentives for both middle-class and farmers, whose disenchantment was said to have cost the BJP dearly in recent assembly elections.
The RSS chief's comment that if war broke out, the military would not be ready for at least six to seven months is correct as it faces a shortfall in training and alertness and an even greater lack of funds for defence preparedness, notes Ajai Shukla.
"Our armed forces have shown utmost restraint in tackling terrorists in Kashmir Valley despite grave provocations," he said in his address on the All India Radio on the eve of Independence Day.
It is proposed to provide a combined upper limit of Rs 7.5 lakh in respect of employer's contribution in a year to NPS, superannuation fund and recognised provident fund and any excess contribution is proposed to be taxable.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
The announcement comes on the first anniversary of the project.
Thanks to Budget 2018, seniors can invest more and also save more.
Khalid Saifullah created Missing Voters, an app which enables people to conveniently apply for voter cards.
Welcoming the government's decision to implement One Rank One Pension, agitating ex-servicemen on Sunday announced withdrawal of their hunger strike, but decided to continue their protest till all the "sticky" issues are resolved.
The government is working on a new central public procurement policy to bring in transparency, curb irregularities and corruption and plug the inconsistencies in government purchases because of multiplicity of guidelines in vogue.
Disgraced nuclear scientist A Q Khan has said he did Pakistan a favour by making the atomic bomb but was 'stabbed in the back by the very people who benefited most' from his work -- the army.
'It is important to make a clear distinction between the officers and jawans. The officers retire at 54 and with two extensions can go up to 58 years before they go home. A jawan on the other hand retires at 38. Therefore, to portray a picture that all army men retire young is wrong.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The entire world is taking up the habit of 'namaste', Modi said.
On retirement, you will draw a lesser amount as pension.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The government is working to provide healthcare schemes to poor people under the Jan Dhan initiative.
Investments and expenses under section 80 C allows various tax benefits, says Harjot Singh Narula
It is best to invest long-term surplus in stocks or equity mutual funds.
The decision to provide higher DA to employees will cost the exchequer an additional Rs 9,303.2 crore (Rs 93.03 billion) per annum, an official spokesperson said after a meeting of the Union Cabinet, where it was decided to raise the allowance.
Will appeasement, rising unemployment and her dictatorial style become major obstacles in her path? asks Payal Singh Mohanka.
'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'
"There is a recent trend of people expecting that everything has to be done by the government," he said.
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.
