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HIGH SUPERANNUATION BALANCES
Think your NPS saving is enough for retirement? Watch out for this common mistake that could derail your financial plansMany investors overlook their National Pension System, assuming retirement plans are on track. However, a 'set and forget' approach can lea...- Want regular and reliable income in retirement? Here’s how G-Secs can help youGovernment Securities (G-Secs) offer retirees a safe, predictable income, but a G-Sec-heavy strategy alone can be eroded by inflation. Expe...
- Young Australians risk losing $128,000 in retirement by ignoring their superannuation, experts warnYoung Australians face substantial retirement fund losses by ignoring their superannuation. Many do not check their accounts or know their ...
- HDFC Bank CEO Jagdishan’s pay package rises by nearly 12% to Rs 12.08 cr in FY25HDFC Bank MD and CEO Sashidhar Jagdishan’s annual pay rose to ₹12.08 crore in FY25 from ₹10.8 crore the previous year. His package included...
- Superannuation changes explained: Why 80,000 retired and super-rich Aussies will pay more taxAustralia's superannuation tax system is undergoing significant changes starting July 1, including an increase in the mandatory employer co...
- When does EPF withdrawal become taxable?Though the biggest USP of the Employees' Provident Fund is its EEE tax status, however, there are certain instances when EPF can become tax...
- Tax on EPF, NPS, Superannuation fund: Here's all you need to know about itEmployer contributions to retirement funds such as Employees Provident Fund (EPF), National Pension System (NPS), or any other superannuati...
- Judges only interpreters of law, not here to evolve policy: Delhi HC Chief Justice"It is for Parliament (to enact laws) and in the absence of law, for the executive to draft the policy... One has to maintain the balance b...
- Alapan Bandopadhyay moves HC on transfer of his case against Centre's proceedings out of CalcuttaOn a prayer by the Union government for transfer of the case from the Calcutta bench, the principal bench of CAT ordered that Bandopadhyay'...
- Employer's contribution to EPF, NPS over Rs 7.5 lakh proposed to be taxedThe employer's contribution over Rs 7.5 lakh in a fiscal to retirement funds is proposed to be made taxable.
- Employers' total contribution towards employee social security funds capped at Rs 7.5 lakh annuallyConsequently, the documents further said it is also proposed that any annual accretion by way of interest, dividend or any other amount of ...
- PFRDA may become regulator for all pension productsThe Finance Ministry and board of regulators have given an in-principle nod to the proposal. Once the PFRDA Act is amended, it could give p...
- India concerned over taxation on IT firms by AustraliaAs per global trade norms, Australia can tax only on-shore activities of Indian IT firms and not off-shore services rendered from India.
- Suresh Prabhu sets out to woo superfunds from AustraliaAustralia’s superannuation fund, valued at $1.92 trillion as on December 2017, is one of the world’s largest and has exposure in various in...
- Employees prefer higher take home salary over other benefits: TimesJobs SurveyAccording to the survey, 87% employees prefer a customised compensation structure, and organisations should take that into account while de...
- SC turns down plea to increase retirement age of judgesThe SC refused to entertain a PIL seeking its direction to the Centre to increase retirement age of judges of trial courts, high courts and...
- Supreme Court denies to entertain PIL seeking to increase retirement age of judgesThe Supreme Court today refused to entertain a PIL seeking its direction to Centre to increase retirement age of judges of trial courts.
- Companies sweeten retirement sops for Gen Y staffWhile most companies stick to the legal limits prescribed under DBP schemes, companies such as Mahindra & Mahindra and IDFC have gone beyon...
- Retirement funds: Companies spot better returnsFor the first time companies have got a window to pull out and reinvest money which is locked with the govt. Fund managers' advice may cost...
- R S Pandey takes over as Petroleum SecretaryPandey, who prior to this was Secretary in the Ministry of Steel, replaced sharp and quick-witted M S Srinivasan who retired from Governmen...
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