8th Pay Commission HRA changes: 5 employee bodies recommend house rent allowance up to 40%; check details8th pay commission proposals: Central government employees are urging the 8th Pay Commission to significantly hike House Rent Allowance (HR...
Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
8th Pay Commission latest news: Can 8th CPC submit its report before Mid-2027 as Lucknow meetings begin?8th Pay Commission news: Central government employees are anticipating the 8th Pay Commission's report, with some associations suggesting a...
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
PFRDA launches AI-powered portal to transform pension grievance redressalThe PFRDA has unveiled 'Pension Sahayak,' an AI-powered platform designed to streamline pension services. This initiative aims to boost inc...
Started investing in your 40s? You can still achieve your financial goals, but focus on these priorities firstAshish Mishra is currently focussing on two primary financial goals — his child’s education and an early retirement at 51. Here’s what the ...
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
How Life Cycle Funds aim to simplify long-term wealth creationIndian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These funds automatically adjust asset alloc...
Lenskart shares in focus as Goldman Sachs, Morgan Stanley, others purchase stake in Rs 1,960 crore block dealLenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block deal, with Platinum Jasmine A 2018 ...
Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block dealADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted stro...
Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explainedRetiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withd...
₹36 lakh job offer vs ₹25 lakh salary: Gurugram techie says higher package brings lower take-home, flags Mumbai cost worriesA Gurugram-based tech professional faces a career crossroads. A new job offer in Mumbai promises a higher annual salary but a reduced month...
Now easier to enrol for NPS: Pension body launches StAR NPS for online onboardingThe Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE ...
NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpusNPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...
Kotak Alts raises $1 billion through 14th real estate fundKotak Alts has successfully raised one billion dollars for its fourteenth real estate fund. The Abu Dhabi Investment Authority anchored the...
Can a ₹1 crore NPS corpus generate more than ₹1 lakh per month? What the new RIS framework offersRetirees now have a new way to manage their National Pension System (NPS) corpus, offering flexibility and potential for growth. The Retire...
New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guaranteeThe Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...