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Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...
PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watchPortfolio Management Services (PMS) offer structural advantages over mutual funds, allowing for concentrated portfolios, significant cash h...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
Trump's trade chief says 'deal's a deal' for economies with capped US tariffsAmerica's trade representative assures that new tariffs will respect existing agreements. He stated that a deal is a deal for nations like ...
The $4.50 gas economy: Fewer nights out, more belt-tighteningAs fuel prices continue to rise, many American families are feeling the financial crunch. With budgets tightening, people are cutting back ...
8th Pay Commission latest update: Railway technical staff seek multiple fitment factors, higher HRA, pay fixRailway technical supervisors have put forward significant demands to the 8th Pay Commission. Key proposals include a Rs 52,000 minimum sal...
Quote of the day by Margaret Thatcher: “Watch your thoughts, for they will become actions. Watch your actions, for they’ll become....” Can your habits predict your future? Discover Iron Lady’s secret psychological blueprint to master your thoughts, fix daily mistakes, and unlock a hidden destinyMargaret Thatcher quote of the day: Your mind is a silent architect. Margaret Thatcher knew that a single thought, repeated, becomes a land...
Max Social Security 2026: See the biggest checks from 62 to 70, and who wins mostSocial Security maximum benefit 2026 has surged to a record $5,181 per month at age 70. That number sets the benchmark. But most retirees w...
Parliament passes bill that lets govt double tax-free gratuity to Rs 20 lakhThe ceiling of tax-free gratuity stands enhanced to Rs 20 lakh from existing Rs 10 lakh for employee under the Payment of Gratuity Act.
Cabinet nod likely to double gratuity cap to Rs 20 lakh"The bill to amend the Payment of Gratuity Act is likely to be considered and approved by the Union Cabinet in its meeting," a source said.
- PF trusts jittery over tax treatment of gains above 8.5 pc
There is ambiguity over how the 1% differential between EPF rate and the tax-free ceiling should be treated while crediting interest to emp...
- Celebrations cut short, extra 1% EPF interest to be taxed
The labour ministry has hiked the EPF rate to 9.5%, but a finance ministry notification says that anything in excess of 8.5% will be taxed.
- Tax-free gratuity ceiling may treble to Rs 10 lakh
The move to hike tax-free gratuity ceiling from Rs 3.5 lakh to Rs 10 lakh would allow employees to benefit from higher gratuity. Work from ...
- Govt may limit investment in cap gains bonds
Individuals who make small capital gains on property deals and invest the money in select bonds are set to enjoy tax exemption even in the ...
- Trai unveils tariff for pay channels
Trai fixes Rs five as maximum retail price for pay channels in CAS areas.