Allocation to bank deposits -- fixed deposits, savings account deposits, and current account deposits -- came down.
Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.
For every rupee in the government coffer, the biggest pie of 63 paise will come from direct and indirect taxes, according to the Union Budget 2024-25 documents.
The Ministry of Personnel, Public Grievances and Pensions has received representations from various quarters to do away with the condition of applying for family pension through 'Form 14' as it was causing inconvenience to widows, who find it difficult and 'embarrassing' to present themselves before two gazetted officers or persons of repute for attestation.
Shah, while releasing the saffron party's manifesto 'Sankalp Patra' for the upcoming assembly elections in Jharkhand, announced that a Displacement Commission would be formed to ensure rehabilitation of people displaced by industries and mines in the state.
Jannayak Janta Party, which had emerged as the kingmaker last assembly polls, was decimated this time round, while the Indian National Lok Dal also failed to create much impact, with prominent leaders of both outfits Dushyant Chautala and Abhay Singh Chautala losing their seats.
A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The report mentioned that the government spends 2.2 per cent of the GDP on pension bill.
Once rolled out, theaterisation will be the biggest military reform in the country. It will see the creation of unified theatre commands within the 1.7 million-strong Indian armed forces.
According to official statistics, half of India's GDP comes from as many as 420 million workers in the unorganised sector including street vendors, rickshaw pullers, construction workers, rag pickers, agricultural workers, among others. This massive workforce remains outside the purview of the formal banking and insurance industries.
A man who was ready to die for the country in his youth waits for his government to recognise his sacrifice and pay him his due in his old age.
The Centre had told the apex court that the entitlement of former MPs to get pension and other benefits was "justified" as their dignity has to be maintained.
Uttar Pradesh Chief Minister Akhilesh Yadav on Wednesday launched a unique pension scheme for the poor called the 'Samajwadi Pension' that aims to cover as many as 40 lakh people not covered under the existing 'Old Age', 'Widow' or 'Disabled' pension schemes.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
If only the movie could hold its own the way Raveena Tandon does in a cream and gold Manish Malhotra lehenga, Ghudchadhi would be half the entertainer it set out to be, feels Sukanya Verma.
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.
Ramalingam Kalirajan dives into the specifics of NPS withdrawal rules to help you understand the conditions under which and when partial withdrawals are allowed.
'Instead of joining us in celebrating the strikes, the MoD has stabbed us in the back,' says a top general.
Furnishing of Aadhaar is still mandatory for final settlement of pension
Here are some frequently asked questions about the one rank, one pension scheme
Making a case for reforms in the pension sector, the Economic Survey 2010-11 on Friday said the Parliament should expeditiously clear the long pending PFRDA Bill.
The pensioners have been agitating for last 18 years
'Any earnings, regardless of location, will be subject to Indian income tax.'
Addressing the nation on the 70th Independence Day from the Red Fort, the prime minister had announced a 20 per cent hike in the pension for freedom fighters.
He will succeed incumbent Rajiv Gauba, who completes his unprecedented five-year term in the top bureaucratic post this month-end.
The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.
"It was high time the message was given and this strong step by the BCCI will go a long way in restoring the prestige of domestic cricket," he added.
While Jamaat cannot take part in the elections due to the ban imposed on it by the Union home ministry, it had shown interest in participating in the polls during the Lok Sabha elections if the ban were removed.
Nayab Singh Saini on Wednesday staked claim to form the next government in Haryana, hours after he was unanimously elected as the leader of the Bharatiya Janata Party legislature party in the state.
With effect from January 1, 2006, pension is calculated with reference to average emoluments.
'The aged with retina and finger print issues are not getting access to pension and ration.' 'If all becomes digital -- what'll happen to the poor?'
The range of food at banquets at the Mughal court consisted of delicacies that commoners could not ever dream of.
During the briefing, Jaiswal reiterated that so far no evidence has been shared by Canada.
rediffGURU T S Khurana answers readers' personal income tax queries.
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
Run by a former cricketer and son of India's military heroes, Mike's Forest Retreat is an ode to all that we hold dear.
Ramalingam Kalirajan explains the pros and cons of both investment types.
This Ulip from ICICI Prudential lets you forego your life cover.
The continuing fiscal stimulus is heavily tilted towards capex, to the extent that it chips away a part of revenue spending. Accounting for other areas of revenue expenditure, such as salaries, pensions, subsidies and defence (committed spend), the room to spend on welfare schemes, health and education will narrow in FY22.
