The Sobha Dream Series affordable housing project will complete 3 buildings in its first phase by next quarter, said JC Sharma, CMD, Sobha.
Experts feel NPS continues to be a good retiral product for the salaried segment since it is market-linked and professionally managed.
In the third roll-back in two months, the government today raised the interest rate on employee provident fund (EPF) contributions to 8.8 percent for 2015-16 against 8.7 per cent approved by the Finance Ministry last week.
After Budget 2016-17 proposed taxing 60 per cent of the withdrawal from Employee Provident Fund (EPF) on contributions to be made after April 1, the government yesterday hinted of a partial rollback.
A day after the 2016-17 Budget proposed taxing 60 percent of the withdrawal from Employee Provident Fund (EPF) on contributions to be made after April 1, the government was hard pressed to explain that the move was aimed at high-salaried class and not the overwhelming section of 3.7 crore EPF members
NPS as a retirement tool has become attractive with low cost, flexibility & long term higher growth due to equity component. While NPS is highly recommended, one also has to see the age of entry & likely corpus accumulation to have a meaningful pension.
However, the court has reiterated that people without Aadhar can not be placed in a disadvantageous position.
This is the time of the year when annual review is over and most employed individuals do get their annual hike. Other important events such as Union budget too are over. This opportune time to plan your money matters.
One way to have disciplined tax planning is to link your tax savings investments to your retirement goal. The idea for linking tax planning to your retirement goal is important since all the tax savings instruments have a lock-in period of 3 to 15 years.
Fixed income products like Public Provident Fund, Post Office Monthly Income Scheme, Senior Citizen‘s Savings Scheme, Employee Provident Fund, National Savings Certificate etc. have stood the test of times.
Experts say without a timely review of financial plans, you are most probably bidding a goodbye to your financial goals.
The Employees' Provident Fund Organisation (EPFO) disagreed with the finance ministry's claims to shift to New Pension System stating that the former provided better returns than employee pension scheme.
Bankbazaar.com explains how employees provident fund (EPF) can be used as an effective option to use the cash in those for their urgent cash requirements.
For a lot of people in service, employee provident fund (EPF) is quite a sizeable amount of their cots to company (CTC). What should be done with it when an employee decided to change jobs?
Employee Provident Fund is a very important tool of retirement planning. The compounded tax free interest and the maturity ensures a good growth of your money. Financial advisor Jitendra Solanki shares various benefits that EPF offers which people usually remain unaware of.
Many people take haphazard decision while planning Year End Taxes. In the wake of savings few bucks in taxes we tend to loose more by investing in wrong investment instrument. To help us plan our taxes better, financial advisor Jitendra P.S.Solanki shares few tips with us.
It is now possible to do both tax planning and long term financial planning together. An analysis by CRISIL suggests that if one is willing to take some risks, Equity Linked Savings Schemes (ELSS) offered by mutual funds provides an opportunity to generate attractive long term returns.
Flashback to the start of 2008: the markets are roaring and everyone’s who's been left out of the equity ride up is rushing to enter.
India's Rs 350,000 crore (USD 79 billion) Employee Provident Fund will be managed by State Bank of India and the asset management units of HSBC, ICICI Bank and Reliance Capital, a government official said.
The small and medium enterprises should be allowed to outsource their statutory obligations such as provident fund management, gratuity payments and insurance for workers to enable them to focus on their core business, Industry Ministry has proposed.
On March 17, 2011, nearly 50 million employees in India rejoiced when Finance Minister granted the gift of 9.5% interest on their Provident Fund deposits. The proposal was cleared for raising the rate from current 8.5% to 9.5% for the financial year 2010-