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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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In addition to gold and silver, Finance Minister Nirmala Sitharaman announced a reduction in the customs duty on platinum, palladium, osmium, ruthenium, and iridium to 6.4%. Once this decision comes into implementation, the prices of gold, silver, and platinum may drop.
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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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These initiatives are expected to encourage greater savings among young individuals, providing a significant boost to the economy overall
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High anticipation surrounds the upcoming budget announcement, focusing on the establishment of the Social Security Fund
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Increased tax exemptions on home loan interest and principal repayments in Budget 2024-25 could greatly reduce tax burdens for homebuyers
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Several organizations, including those in the insurance sector, are eagerly anticipating a reduction in the GST % in health insurance
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What are the income tax expectations of the salary class from the budget? Let’s find out.
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The call for a 'billionaire tax' by Congress is not isolated, echoing wider concerns regarding fiscal equity
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If the budget considers the jewelers' demand, gold buyers will get significant relief.
