Sources said Tewari, who has publicly lauded the Agnipath scheme and termed it as a much-needed reform in the armed forces, has taken a stand contrary to that taken by his party.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
While India's GDP growth slowed to five-year low of 5.8% in Q4, China grew at 6.4%.
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
Veterans protesting for early implementation of One Rank, One Pension are likely to meet Modi in the last week of August.
Taxation has played spoilsport despite double digit returns.
Top officials said asking employees other than the fund management team to mandatorily invest a fifth of their salary goes against the principle of natural justice.
On maturity, 40 per cent of the accumulated corpus can be withdrawn tax-free.
Since NPS is used for a long-term goal like retirement, allowing younger investors to have higher exposure to equities will give them a chance to earn higher returns.
Armed forces veterans have expressed mixed reaction to the Agnipath scheme under which soldiers will be recruited in the Army, the Navy and the Air Force, largely on a short-term contractual basis, with an aim to cut the ballooning salary and pensions bill.
Foreign portfolio investors (FPIs) are likely to get a reprieve from the Securities and Exchange Board of India (Sebi) in case of a passive or unintended breach of the thresholds that trigger additional disclosure norms. According to sources, FPIs whose single group exposure exceeds 50 per cent of their corpus will get 10 trading days to bring down their exposure below the prescribed level, without triggering the stricter disclosure norms. If total equity exposure of an overseas fund exceeds Rs 25,000 crore and it doesn't wish to provide additional disclosures, it will have three months to pare its exposure.
Industry leaders, including Mahindra Group chairman Anand Mahindra, RPG Enterprises chairman Harsh Goenka and Biocon Ltd chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate sector. Mahindra also expressed dismay over the violence against the scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. The Agnipath scheme, announced on June 14, provides for the recruitment of youths between the age bracket of 17-and-half years to 21 for only four years with a provision to retain 25 per cent of them for 15 more years.
rediffGURU Sunil Lala answers your MF-related queries.
It also promised financial assistance of Rs 24,000 annually to all dependent widows and single mothers, two free LPG cylinders to all the beneficiaries of the PM Ujjwala Yojana and 24x7 power supply.
rediffGURU Mihir Tanna answers your income tax queries.
The 70-year-old ex-serviceman Ram Kishan Grewal committed suicide by consuming poison at a park in New Delhi area on Tuesday evening.
The march, which commenced from Nashik on March 6, will culminate in Mumbai on Monday and protestors plan to gherao the Vidhan Bhavan where the Budget session of the state legislature is underway, said organisers.
As the second wave of the pandemic ebbs and the daily caseload falls, the struggles of the urban poor have come into focus. Many have suffered income and job losses after two successive waves. The second wave, in particular, has seen the poor being hit hard on account of lack of medical and financial help. For the fast-moving consumer goods (FMCG) companies this has meant that an important segment is under severe distress.
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.
After publication and broadcast of the news, the district administration constituted a committee of revenue and health officials for an inquiry into the news report, the FIR said.
The BJP also promised Rs 25,000 to girls from economically weaker sections under the 'Rani Gaidinliu Nupi Maheiroi Singi Scheme' if voted back to power.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
The entire world is taking up the habit of 'namaste', Modi said.
Here's a recap of events that occurred in India in the past 24 hours.
'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A rickshaw puller in Uttar Pradesh got a lucky ride on Thursday when he took Paytm chief executive officer Vijay Shekhar Sharma to Uttar Pradesh Chief Minister Akhilesh Yadav's residence.
Prime Minister Narendra Modi on Thursday said India has become the fifth largest economy in the world and this is not an ordinary achievement. "Every Indian is feeling proud of it. We need to maintain this enthusiasm," Modi said. He was virtually addressing beneficiaries of various government schemes and those present at a mega medical camp organised in Olpad area of Surat city in Gujarat, where the Assembly polls are due later this year.
Business Processing Outsourcing (BPO) and Knowledge processing Outsourcing (KPO) firms are covered by the retirement fund body EPFO, Parliament was informed.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Hundreds of army veterans held a 'Sainik Ekta' rally to press for "honest and truthful justice" as they rejected the One Rank One Pension scheme announced by the government even as some ex-servicemen groups dissociated themselves from the demonstration.
Rajasthan Congress chief Sachin Pilot said the manifesto was prepared after taking opinions through multiple platforms such as social media.
The greatest unknown in this risky initiative lies in the way human relationships will play out -- not just between the Agniveers, who will be competing with their fellows for permanent jobs beyond their four-year tenures -- but also between the Agniveers and existing full-time soldiers, warns Ajai Shukla.
'As our per capita income increases and various demographic segments emerge, the need for various kinds of protection and risk covers will become even more explicit.'
Notwithstanding "advice" from Defence Minister Manohar Parrikar to put off their stir, a third veteran on Tuesday joined the fast-unto-death by ex-servicemen as part of the agitation to press for implementation of 'One Rank One Pension' scheme.
The highest polling of 72.35 per cent was recorded in Sirmour district followed by 68.48 per cent in Solan and 67.67 per cent in Una and 67.5 per cent in Lahaul and Spiti. The high-altitude district of Lahaul and Spiti had recorded 21.95 per cent, the lowest, till 1 pm, but polling was brisk as the sun came out.
For MP, the SP is open for an alliance with the Congress, but decision in this regard will be taken at the right time, SP sources said.
Khalid Saifullah created Missing Voters, an app which enables people to conveniently apply for voter cards.
"Only time will tell us about that but I am quite sure that if a youngster who has, as you said, got brainwashed (into terrorism), joins the services under the scheme and stays with us for four years, I am sure he will be a different person and probably more of an Indian than a radical as you brought out," the air marshal told reporters.
The Bharatiya Janata Party has released its manifesto for the upcoming Nagaland assembly elections, promising a special package for the eastern part of the state and establishment of a board for the holistic development of the region if the party returns to power for the second time in a row.
