December 17, 2013 10:54 (IST)
The interest is calculated on lowest balances in account between 5th and last day of the month.
New Delhi | December 16, 2013 19:45 (IST)
According to him, the trustee meet could not be called as Congress leader Sis Ram Ola who was Labour Minister and Chairman of the CBT was hospitalised for many days. (Mr Ola subsequently died.)
New Delhi | December 15, 2013 16:14 (IST)
To avoid harassment of employees, retirement fund body EPFO has directed its field offices to sensitise employers about the need to forward in time PF claims of outgoing workers.
December 14, 2013 13:19 (IST)
Many thoughts around our goals or investments drive an urge for financial planning. Financial planning is a process of knowing where we stand, deciding on what we want to achieve and making plans to bridge the gap. The analysis of where we stand represents our financial health.
December 14, 2013 12:26 (IST)
Leave travel allowance (LTA) is a common form of tax exemption given to the employees by most employers. Though it is quite simple, it often brings about a lot of questions among those claiming exemption on it.
December 13, 2013 14:54 (IST)
Recently, I was watching a fascinated talk on TED about a Somali who recounted his experiences while living in Somalia's capital, Mogadishu. Somalia, a famine and war-torn country, has been devastated with unemployment and an alarming rate of terrorism. Specifically, the talk was centred on the link between unemployment and terrorism.
December 11, 2013 14:12 (IST)
Two years after a Stanford professor drew 160,000 students from around the globe to a free online course on artificial intelligence, starting what was widely viewed as a revolution in higher education, early results for such large-scale courses are disappointing, forcing a rethinking of how college instruction can best use the Internet.
December 11, 2013 13:15 (IST)
Critical illness cover is an insurance policy where you'll get a tax-free lump sum - a one-off payment - if you're diagnosed with one of the serious illnesses covered by your insurance policy.
New Delhi | December 10, 2013 16:42 (IST)
Divorce is now as much a reality of life as marriage itself. However, its implications on personal finances are still not addressed adequately. Lack of financial planning before a legal separation can complicate the lives of both individuals involved further. A little forethought can at least help address the financial impact of divorce to a large extent.
December 07, 2013 16:28 (IST)
Many of us invest in fixed deposits (FDs) as they are safest investment option available today. But most of the time while investing, we don't spend too much time on thinking where to park our FDs. However, the fact is we can save quite an amount if we carefully select our fixed deposit option.
December 06, 2013 14:40 (IST)
You may have gotten a home loan approved after zeroing down on a house you want to buy, thinking half the work is done and hoping for smooth processing here on. Think again, because once you complete these formalities, you will have to protect your dream from the legal traps your builder might throw your way.
December 04, 2013 14:37 (IST)
The rules have been posted in the Labour Ministry's web site but had not been widely publicised until analysts this week started circulating notes about the changes. The EPFO board would need to approve the changes before they become official.
December 04, 2013 11:27 (IST)
In a bid to improve the quality of its services, retirement fund body EPFO has reduced stipulated time limit for resolving its subscribers' grievances to 15 days from existing 30 days.
December 01, 2013 15:26 (IST)
A disciplined approach towards saving and sensible investing choices will take you to your first crore as long as you allow compounding to do its magic.
December 01, 2013 13:31 (IST)
It is always advisable to compare quotes from multiple insurance providers to see who is offering you the best deal.
December 01, 2013 11:40 (IST)
Emergency is like an alarm. We wake up only when it strikes. For us, an emergency could be anything - an international vacation, higher education or health-related issues. And, we all love the word loan.
November 30, 2013 16:41 (IST)
An exclusive search is required when it comes to buying of property. This exercise does not hold good only for houses, it is also required for home loans.
November 29, 2013 14:02 (IST)
Economists polled around the world are expecting a figure of 4.6 per cent. The question looms at large -- if the actual number is significantly different than the expected number, how will the markets react?
November 27, 2013 12:29 (IST)
With the credit card being one of the most popular financial products to be in use in modern times, it is very important for every user to be fully aware of its working and implications
November 23, 2013 16:48 (IST)
In simple terms, a reverse mortgage is the "opposite" of a conventional home loan. A reverse mortgage enables a senior citizen to receive a regular stream of income from a lender (a bank or a financial institution) against the mortgage of his home.