The retirement fund manager EPFO is likely to hike the cap on investment in bonds of highest rated public sector undertakings, banks and financial institutions on the lines of the insurance sector to earn better returns.
For the sixth year in a row, over 4.7 crore (47 million) subscribers of retirement fund manager EPFO are likely to get 8.5 per cent interest on their deposits in the current fiscal.
Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
SSL said in a January 12 statement that it had become aware of fraudulent activity by a former employee and has referred the matter to law enforcement, adding that it had taken steps to secure assets and strengthen protocols.
Following in the footsteps of Pele and David Beckham, Thierry Henry has arrived in the United States as a soccer missionary and scoffed at the notion Major League Soccer is a retirement fund for players in the twilight of their careers.
Since the imposition of lockdown on March 25 by the government to contain the COVID-19 spread, businesses have been facing liquidity or cash crunch, leading to difficulties in paying their mandatory provident fund dues.
US President Joe Biden attended the Association of Southeast Asian Nations gala dinner in Phnom Penh, Cambodia.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
SBI was the top loser in the Sensex pack, shedding around 3 per cent, followed by Kotak Bank, IndusInd Bank, NTPC, ICICI Bank, Axis Bank and HDFC Bank. On the other hand, HUL, ITC, L&T, Bajaj Finserv and Tech Mahindra ended with gains.
CM Stalin has a procedural problem. Nominating new ministers would entail his having to seek formal permission from governor R N Ravi. Stalin does not want to interact with the person of this governor, as far as possible, predicts N Sathiya Moorthy.
Whether they're recovering from their quarter-life crises or still getting carded at the bar, these precocious celebs won't be worrying about their retirement funds anytime soon.
Pakistan's Federal Investigation has formed a committee to probe the distribution of Rs 140 million among politicians by the Inter-Services Intelligence for rigging the 1990 general election.
'Rapists do have families. I wanted to see how a father or mother would deal with it.' 'They go through shame as well and get discriminated from the rest of the village.' 'Why don't we show it that way?'
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
A great corpus is just not enough.
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
If you want to retire rich, it is not too difficult. Here are some tips by P V Subramanyam, author of Retire Rich: Invest Rs 40 a Day.
The online application of such claims would enable EPFO to eventually settle those within three days.
The scheme has been extended to all categories of employees.
Justice Kurian Joseph, who will turn 65 on November 30, was part of the five- judge bench which by a majority of 3:2 had ruled the practice of divorce through triple talaq among Muslims as "void", "illegal" and "unconstitutional".
A group of retired army officers have come together to provide a home for girls who never had a home before.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Internet major Google has appointed former joint secretary at Niti Aayog Archana Gulati as head of public policy in India. A Google spokesperson confirmed the appointment. Messages sent to Gulati elicited no immediate reply. Gulati was looking after digital communications policy matters at the government think tank and took voluntary retirement in April last year.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
PFRDA will invite bids to appoint pension fund managers.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The Indo Islamic Cultural Foundation, which has been set up for the construction of the mosque, will build a mosque along with a hospital, library, community kitchen and research institute, on the land.
Otherwise, EPFO can freeze your account. But seek detailed calculation to verify the numbers
Before opting for this scheme, consider how EPS is calculated.
Once approved by the finance ministry, the rate hike will benefit six crore EPFO subscribers.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
"I am personally averse to sealed covers. There has to be transparency in court... This is about implementing orders. What can be secret here," the CJI said.
His disqualification to participate in future elections may follow, notes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
Solicitor General Tushar Mehta, appearing for the Centre, told a five-judge Constitution bench headed by Chief Justice D Y Chandrachud, which is hearing a batch of pleas seeking legal validation of same-sex marriage, that the government is positive about the suggestion for exploring administrative steps in this regard.