Latest Stories
Double Digit Salary Hike This Year In India; Most In Asia
| Friday, January 18, 2019, 14:36 [IST]
Employee base in Indi may cheer as the country is expected to see salary hike in double digits this year as per the global consulting firm. But this shall be limited to just 5%, i.e. net hike or real wage growth ...
New Tax Laws Help You To Save More This Tax Season: This Is How?
| Friday, January 18, 2019, 12:13 [IST]
The new rules introduced in the Budget 2018, allow you to save more this tax planning season. Know them again here for your ready-reference: 1. Increase in tax benefit on premium against health insurance for parents: The deduction limit ...
Jaitley May Break Tradition And Present Full Budget Instead On Feb 1
| Friday, January 18, 2019, 11:04 [IST]
On Thursday, FM Arun Jaitley made a strong case that due to the several challenges confronting the economy, the budget which otherwise has to be an interim one due to the general elections this year may well go beyond the usual ...
Rupee Hits A Month Low On Fiscal Concerns; Upbeat Dollar
| Friday, January 18, 2019, 10:50 [IST]
The domestic currency opened the trading day lower as there is optimism surfacing on the US-China trade talks front, which lifted both the dollar and crude oil price.At the time of reporting, the rupee was trading lower 0.06% at 71.07 against ...
PM Rojgar Protsahan Yojana Benefits 1 Crore Employees
| Friday, January 18, 2019, 10:31 [IST]
The flagship programme launched to benefit employees through incentising employers has since its launch benefited 1 crore employees by providing 12% contribution on behalf of employers towards EPF and EPS scheme for a period of 3 years for those who become ...
Process Of Transfer And Refund Of Shares From IEPF To Get Easier: Report
| Thursday, January 17, 2019, 13:17 [IST]
As per the news daily report, the process of transfer and refund system, in case of shares and dividends lying with the government's Investor Education and Protection Fund (IEPF) is likely to get overhauled and hence made easier, over the next ...
Deposits At Banks Log Close To Double Digit Growth In 18 Months
| Thursday, January 17, 2019, 12:02 [IST]
For the fortnight ended January 4, the growth in the deposit rate has logged close to double digit growth in almost 18 months. And this coincides with the weak flow into equities fund. As on the end, deposits with the bank ...
ELSS Can Be A Good Option This Tax Planning Season: This Is Why?
| Thursday, January 17, 2019, 11:35 [IST]
Equity linked savings scheme (ELSS) as with the asset class that it includes provides return in the long run and if you are just aiming at it only from the tax-saving point it shall not be a wise call, as any ...
Got New EMV Chip Based Debit Or Credit Card: Note This
| Thursday, January 17, 2019, 11:11 [IST]
In the year 2015, government with a view to render card transactions safer at PoS terminals has asked for the replacement of magstripe based card that were easily susceptible to such increasing frauds of card cloning or skimming, with new EMV ...
Fixed Deposit Joint Owner Or Nominee Is Merely Trustee Of Proceeds
| Thursday, January 17, 2019, 10:48 [IST]
While you might have be thinking what happens in case the FD holder dies and there is also a joint owner to the account. If the depositor happens to be a Hindu then the estate succession will follow the principle of ...
Indra Nooyi Being Considered To Head World Bank
| Wednesday, January 16, 2019, 14:14 [IST]
As per a leading American daily, the White House is considering India born Indra Nooyi for the post of World Bank President. Nooyi stepped down from PepsiCo last year after a tenure of 12 years with the company. She ...
PNB Stock Rise Most In 4 Month; Nifty PSU Bank Index Top Gainer
| Wednesday, January 16, 2019, 13:51 [IST]
Led by push in Nifty PSU Bank index stocks due to healthy inflation number, which happens to be top index gainer, the stock of PNB has scaled by as much as 4% on the NSE. This is the most increase in ...
