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Budget’24: New LTCG rule to hit long-term property owners hard
The government has argued that despite the removal of indexation, the overall tax burden on property sales would decrease due to the lowered LTCG tax rate. However, experts have expressed concerns that without indexation benefits, taxpayers may face higher tax liabilities, especially on properties held for extended periods.
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Budget 2024: What is NPS ‘Vatsalya’ scheme? How to apply & other benefits?
Finance Minister Nirmala Sitharaman announced NPS Vatsalya scheme in Budget 2024. What is this scheme about, and who should consider investing in it? Let's understand.
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Budget’24: New NPS scheme for minors launched, here’s how you can benefit
Under the NPS Vatsalya scheme, accounts opened in the names of minor children will automatically convert into regular NPS accounts once they reach the age of 18.
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Worst deposit crunch in 2 decades, RBI urges banks to explore new ways to increase deposits
According to RBI data from June 28, deposits grew by 11.1% on a year-on-year basis, while loan growth stood at 17.4%. RBI Governor Shaktikanta Das has urged banks to think outside the box to increase deposits and adopt new strategies to achieve this.
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Health insurance vs. Medical corpus: What’s your choice?
Personal medical corpus may appeal to those with sufficient retirement savings and financial stability, Could not be profitable to all
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ELSS investments: Evolving tax-saving strategies, what lies ahead?
These initiatives are expected to encourage greater savings among young individuals, providing a significant boost to the economy overall
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Labour groups demand special fund for informal sector in Budget’24
High anticipation surrounds the upcoming budget announcement, focusing on the establishment of the Social Security Fund
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Claim rejected even after completing Moratorium Period?
What is the Moratorium Period in Health Insurance? How is it different from the Waiting Period? After completing the Moratorium Period, under what conditions can an insurance company still reject your claim? Let’s understand.
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SIP vs. STP: Which can earn you more money?
What is STP? What are its benefits?
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Budget 2024 may increase PF limit after 10 years
The Ministry of Labour and Employment has prepared a proposal for this, and an announcement could be made in the budget to be presented on July 23. If the basic salary limit for EPF contributions is increased, it will benefit millions of employees.
