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Earning up to Rs 5 lakh per annum? You don't have to pay tax under any of the regimes

BUSINESS

Earning up to Rs 5 lakh per annum? You don't have to pay tax under any of the regimes

Budget 2023: Tax rebate under both regimes ensures that low income earners will not have to pay any tax

Budget 2023: Earning between Rs 5 lakh and 7 lakh? Here's how much you will save

BUSINESS

Budget 2023: Earning between Rs 5 lakh and 7 lakh? Here's how much you will save

Strap: Under the new tax regime, those earning salaries of up to Rs 7 lakh will not have to pay any tax. Likewise, those claiming deductions of at least Rs 2 lakh will not have to pay any tax under the old regime either.

Earning Rs 10 lakh per annum? Higher deductions will mean more savings under the old tax regime

BUSINESS

Earning Rs 10 lakh per annum? Higher deductions will mean more savings under the old tax regime

Budget 2023: An individual with a gross salary of Rs 10 lakh claiming Section 80C and other deductions of Rs 4.75 lakh will pay income tax of Rs 18,200 under the old tax regime.

Budget 2023: Big jump in leave encashment limit for non-govt staff

BUSINESS

Budget 2023: Big jump in leave encashment limit for non-govt staff

The limit of Rs 3 lakh for tax exemption on leave encashment on the retirement of non-government salaried employees was last fixed in 2002

Budget 2023 | Old vs new tax regimes: Who should make the switch?

BUSINESS

Budget 2023 | Old vs new tax regimes: Who should make the switch?

High networth individuals could find new tax regime beneficial, while people in the lower and middle income brackets who claim multiple deductions could still be better off with the older tax regime

Budget 2023: Big bonanza for senior citizens

BUSINESS

Budget 2023: Big bonanza for senior citizens

Budget 2023 has increased the maximum permissible investment in the senior citizen savings scheme, a popular investment among the elderly. The post office monthly income scheme, too, has been made more attractive

Budget 2023: Here is what it offers to tax payers

BUSINESS

Budget 2023: Here is what it offers to tax payers

The finance minister while announcing the Budget 2023 tried to reduce the tax burden on individuals in new tax regime. The tax rates were reduced.

Budget 2023: Finance Minister Nirmala Sitharaman announces new investment scheme for women

BUSINESS

Budget 2023: Finance Minister Nirmala Sitharaman announces new investment scheme for women

The scheme will have partial withdrawal facility as well. In this scheme maximum deposit amount is kept at Rs 2 lakh.

Economic Survey 2023: NPS assets now 3.2% of India’s GDP

BUSINESS

Economic Survey 2023: NPS assets now 3.2% of India’s GDP

Future NPS growth will be fuelled by private sector salaried employees and self-employed workers

Economic Survey 2023: Women make up 44% of voluntary APY subscribers

BUSINESS

Economic Survey 2023: Women make up 44% of voluntary APY subscribers

Economic Survey 2023: As of August 2022, 44.8 percent of APY subscribers were between 18 and 25 years of age, as compared to 29.3 percent in March 2016.

Economic Survey 2023: Insurance coverage of the poor, senior citizens expanding

BUSINESS

Economic Survey 2023: Insurance coverage of the poor, senior citizens expanding

The Economic Survey says 31.3 crore beneficiaries have been enrolled under the Pradhan Mantri Suraksha Bima Yojana and 1.07 lakh claims handled till November 30, 2022

Economic Survey 2023: Mutual fund inflows slump 72% YoY during April-November period

BUSINESS

Economic Survey 2023: Mutual fund inflows slump 72% YoY during April-November period

The mutual fund industry's assets under management increased by 8.1 percent at the end of November 2022 on a YoY basis, thanks to the market performance.

Economic survey: Insurance penetration improves, but most buy savings-linked

BUSINESS

Economic survey: Insurance penetration improves, but most buy savings-linked

Economic Survey acknowledges India's robust growth in the insurance sector over the last 20 years. But the low penetration of protection products as opposed to saving products might just be a nudge to Budget 2023 to give additional sops to buy pure term life insurance policies.

Will bounce back in Chinese funds sustain?

MCMINIS

Will bounce back in Chinese funds sustain?

Finally! EPF online passbook facility now up and running

BUSINESS

Finally! EPF online passbook facility now up and running

After more than a week of being inaccessible to employees’ provident fund (EPF) passbook, the facility was finally restored, allowing members to check their balance and interest credit details

Budget 2023 | On taxpayers’ wishlist: Higher basic tax exemption limit, higher exemption from long-term gains tax on equity

BUSINESS

Budget 2023 | On taxpayers’ wishlist: Higher basic tax exemption limit, higher exemption from long-term gains tax on equity

Strap: Individual taxpayers also expect finance minister Nirmala Sitharaman to raise section 80C limits

Gold prices hit record high: What you should do now

BUSINESS

Gold prices hit record high: What you should do now

Gold futures traded at a new high. However, while experts caution against going purely by past returns, they say there’s steam left in the gold rush, with a lot of volatility thrown in.

National Startup Awards 2022 announcement scheduled for January 16

BUSINESS

National Startup Awards 2022 announcement scheduled for January 16

A special award category has been added this year for Hilly and North-East areas of the country.

Will consumption funds come under pressure?

MCMINIS

Will consumption funds come under pressure?

EPFO’s e-passbook facility still down as on January 13

BUSINESS

EPFO’s e-passbook facility still down as on January 13

The e-passbook facility provided by the Employees’ Provident Fund Organisation is a popular one where subscribers can check monthly contributions being by their employers as well as employee contribution and their overall EPF balance.

Minimum assured return NPS plan for risk-averse investors on the cards: PFRDA chief

BUSINESS

Minimum assured return NPS plan for risk-averse investors on the cards: PFRDA chief

Citizen and corporate models to grow fastest going forward; approval for minimum assured return scheme expected soon, says PFRDA chief Supratim Bandyopadhyay

What's the attraction of short-term debt funds?

BUSINESS

What's the attraction of short-term debt funds?

Revised rules for safe deposit lockers, new KYC norms to buy insurance: 6 money changes in January to watch out for

BUSINESS

Revised rules for safe deposit lockers, new KYC norms to buy insurance: 6 money changes in January to watch out for

The New Year is set to usher in a string of changes that will affect your money box. From renewing your bank locker agreement to taking note of revised insurance KYC norms and mutual fund rules, here are six developments you ought to bear in mind.

Why overseas investing still makes sense

BUSINESS

Why overseas investing still makes sense