ANNUAL INTEREST
Full text of Warren Buffett's annual letter to shareholdersWall Street loves the fees that deal-making generates, and the press loves the stories that colorful promoters provide, Buffett said.
- Floating rate funds that can offer 8% annual returns
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- Barclays resumes dividend payouts as annual profit halves
Barclays reported a profit before tax for 2020 of 3.1 billion pounds ($4.29 billion), well above the average estimate of 1.96 billion pound...
- View: Strong leadership pursuing India’s interests will inevitably trigger criticism
Many would-be policy-shapers called out for India to open up its market for agricultural produce, including dairy, for imports from places ...
- Govt unlikely to review Rs 2.5 lakh threshold to tax PF interest
“Of course, PF is lifetime saving of the working class and the government is committed to ensure that they benefit. But we had to undertake...
- Put over Rs 2.5 lakh in PF? Interest may face annual deduction
Sources told TOI that the government is looking to prescribe two sets of accounts for those contributing over Rs 2.5 lakh annually. The fir...
- High-income PF lovers not to get 8.5% gains
Effective interest earned will fall sharply, particularly for those in topmost income slabs. The return falls marginally to 8.06% for someo...
- Tax on PF interest will change the way we invest in it: How the Budget hits your PF
This is not the first time the government has proposed to tax Provident Fund money. A significant number of salaried employees use the Volu...
- PPF stays out of tax on EPF interest
“The cap is not applicable on PPF because there is already a limit of ₹1.5 lakh contribution in a year to PPF,” the official said. The gove...
- Tax on EPF interest will not impact these salaried people
If your current basic salary is up to Rs 1,73,611 per month and you are not contributing to VPF then you do not need to worry about the tax...
- Interest on PF contribution above Rs 2.5 lakh to be taxable
The 2021 budget has also proposed to remove the tax exemption under Section 10(10d) to Ulips with a premium of more than Rs 2.5 lakh a year...
- Annual general meetings, extraordinary general meetings may go virtual permanently
Since March last year, the ministry has granted multiple relaxations regarding statutory compliances to companies, in light of the disrupti...
- JPMorgan board holds CEO Jamie Dimon's annual pay at $31.5 million
Dimon's total compensation will include the same annual base salary of $1.5 million and a performance-based incentive of $30 million, accor...
- DLF restructures existing loans to lower interest costs, targets to save Rs 300 crore annually
“In March 2020, most of our loans were at 9% interest rate, by December, we had reduced it to 7.5%,” Ashok Kumar Tyagi, whole-time director...
- Bad debt fear keeps private banks away from street vendor loans
Last week, a branch manager of a leading state-run bank in Madhya Pradesh wrote to the municipal commissioner seeking “cooperation” as seve...
- Robinhood cuts margin interest rate to 2.5%
The rate cut is part of the company's overall goal to lower the cost of investing, Robinhood said in a statement, and is the latest competi...
- India plans tough annual targets for state firms to boost valuations - sources
The government, which is trying to rein in its fiscal deficit, wants state-run firms to focus on improving market capitalisation and divide...
- Will these mutual funds give me 15% annual returns?
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- Future Lifestyle defaults on NCD payments
Future Lifestyle Fashions on Monday reported default on payments for its non-convertible debentures (NCDs). In a regulatory filing, the com...
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