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  • Budget 2015-16 Offers Additional Tax Benefit on Pension Scheme

    Budget 2015-16 Offers Additional Tax Benefit on Pension Scheme

    In his Budget proposal, Mr Jaitley introduced an additional deduction of Rs 50,000 for contribution to the New Pension Scheme under Section 80CCD.

  • Phone Calls, Pizzas, Houses to Become Costlier

    Phone Calls, Pizzas, Houses to Become Costlier

    In his Union Budget, Finance Minister Arun Jaitley has hiked service tax rate from 12 per cent to 14 per cent. The increase means utilities will cost more, so bigger phone bills.

  • Union Budget: Top Tax Proposals Announced by Arun Jaitley

    Union Budget: Top Tax Proposals Announced by Arun Jaitley

    Finance Minister Arun Jaitley in his first full-year Budget did not hike income tax exemption limits, as he did last year. However, he hiked the tax exemption limits of some allowances.

  • Budget 2015: PF Contribution to Be Made Optional, Says Arun Jaitley

    Budget 2015: PF Contribution to Be Made Optional, Says Arun Jaitley

    In his Budget 2015-16 proposals, Finance Minister Arun Jaitley said that the government will change provident fund or PF laws after consultations with stakeholders.

  • Edelweiss Arm's Rs 800-Cr NCD Issue to Open Soon

    Edelweiss Arm's Rs 800-Cr NCD Issue to Open Soon

    Axis Capital and Edelweiss Financial Services are the lead managers to the issue, which opens on February 26 and closes on March 16.

  • Gold ETFs Record Rs 1,300 Crore Outflow in FY15

    Gold ETFs Record Rs 1,300 Crore Outflow in FY15

    The outflow led to assets under management (AUM) of gold funds plunging by more than 19 per cent during the period.

  • EPFO Plans Medical Benefits For its Pensioners

    EPFO Plans Medical Benefits For its Pensioners

    The committee wanted that the medical facility to pensioners should be provided free of cost and the EDLI funds should be used for the purpose.

  • Financial Product Mis-Selling: Incentives to Blame, Says Report

    Financial Product Mis-Selling: Incentives to Blame, Says Report

    A majority of 67 per cent consumers of financial services feel that provision of incentives leads to bank staff providing wrong information or mis-selling of products, says a survey by Consumer Unity and Trust Society (CUTS).

  • Income Tax Expectations: Here's What India Wants

    Five Income Tax Breaks Likely in Upcoming Budget

    A survey carried out by industry body Assocham has found that a majority of salaried employees want Finance Minister Arun Jaitley to increase the income tax exemption in the forthcoming Budget.

  • Why Analysts Want You to Stop Buying Gold

    Budget: Buying Gold? Read This First

    There is a buzz that import duty on gold may be cut in the Budget.

  • PF Body Launches Helpdesk for Inoperative Accounts

    PF Body Launches Helpdesk for Inoperative Accounts

    Provident fund accounts which fail to make contributions for 36 continuous months to the retirement fund body are classified as inoperative accounts.

  • EPFO Pension Scheme: Age Limit May Be Raised

    EPFO Pension Scheme: Age Limit May Be Raised

    The Employees' Provident Fund Organisation's trustees in a meeting on Thursday will consider a proposal to raise the age limit from 58 to 60 years for vesting of pension under the Employees' Pension Scheme (EPS-95).

  • Ten Rules to Save Your Money Smartly

    Ten Rules to Save Your Money Smartly

    'Money fetching more money' should be your goal. And the first step for that is learning to save. It does not mean you cut down on occasional weekend dinners or not give in to the retail therapy once in a while. Saving need not be boring. You just need to think a little and make it a part of your lifestyle.

  • Home Loan Rates in 2015: Here's Your Guide

    Home Loan Rates in 2015: Here's Your Guide

    As soon as one starts looking out at properties to buy a house, banks start offering home loans. This can be overwhelming at times. Making a choice then largely depends on comparing what competitor banks have to offer. Here is a list, which compares home loan rates by different banks.

  • Your PF May Not Be Earning Interest. How to Find

    Your PF May Not Be Earning Interest. How to Find

    A whopping Rs 27,500 crore of provident fund money is lying with Employees Provident Fund Organisation (EPFO) in inoperative accounts.

  • Sukanya Samriddhi Account: 10 Things to Know

    Sukanya Samriddhi Account: 10 Things to Know

    Prime Minister Narendra Modi in January this year launched a small deposit scheme for the girl child, as part of the 'Beti Bachao Beti Padhao' campaign. This scheme is specially designed for girls higher education or marriage needs.

  • Provident Fund Rules Likely to Be Changed: 10 Facts

    Provident Fund Rules Likely to Be Changed: 10 Facts

    The government is likely to introduce a Bill to amend the Provident Funds and Miscellaneous Provisions Act in the Budget session of Parliament, with the objective of bringing more workers under the social security benefit, said Rajesh Bansal, additional central provident fund commissioner.

  • Provident Fund Amendment Bill Likely in Budget Session

    Provident Fund Amendment Bill Likely in Budget Session

    The government is likely to introduce a Bill to amend the Provident Funds and Miscellaneous Provisions Act in the Budget session of Parliament, with the objective of bringing more workers under the social security benefit.

  • Mutual Funds: Retail Investors Asset Base Up 32% in 9 Months

    Mutual Funds: Individual Investors Asset Base Up 32% in 9 Months

    Individual investors have increased their assets base by 32 per cent over the last nine months of the current fiscal year (2014-15) to Rs 5.24 lakh crore.

  • India Has World's 3rd Highest Number of Billionaires: Report

    India Has World's 3rd Highest Number of Billionaires: Report

    India has for the first time managed to find a place among the top three countries generating the maximum number of billionaires in the world, according to a report by China-based magazine Hurun.

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