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PF taxation: Should you be worried? Here’s what experts have to say
The decision to tax interest earned from provident fund contribution of over Rs 2.5 lakh a year is likely to affect only 0.23% of 45 million subscribers.
Priyanka SambhavFebruary 5, 2021/5:50 PM IST -
RBI’s move to allow retail investors to directly buy G-Secs to help deepen bond market: Experts
The central bank hopes the move will allow greater depth to the gilt market in particular and the overall debt market in general.
Press Trust of IndiaFebruary 5, 2021/5:21 PM IST -
Expect borrowing, deposit rates to remain flattish over the next few months: Aditi Nayar, ICRA
Aditi Nayar, Principal Economist, ICRA, in an interview with Money9, said she feels the rate cycle has ended.
Sakshi BatraFebruary 5, 2021/5:10 PM IST -
Internal panel working on model of central bank’s digital currency, decision soon: RBI
RBI had earlier announced its intent to come out with an official digital currency, in the face of proliferation of cryptocurrencies like Bitcoin about which the central bank has had many concerns.
Press Trust of IndiaFebruary 5, 2021/5:02 PM IST -
Faster clearance of cheques from 18,000 bank branches not under CTS by September: RBI
The central bank also said it will set up a 24x7 helpline for digital payments services to secure them more against fraud and phishing.
Press Trust of IndiaFebruary 5, 2021/4:50 PM IST -
Mind-boggling amount in Provident Fund accounts – Check out the top 5
Around Rs 825 crore is deposited in the accounts of top-20 rich investors.
Money9February 5, 2021/4:44 PM IST -
Sensex, Nifty end at record highs after RBI keeps policy rates unchanged
Benchmark equity indices continued their strong run on February 5 with the Sensex ending 117.34 points higher at 50,731.63 and Nifty rising 28.60 points at 14,924.30. In early trade, Sensex surpassed the 51,000-mark first time hitting an intraday high of 51,073. While Nifty50 surpassed the psychological 15,000-mark and hit a record high of 15,015 levels. […]
Money9February 5, 2021/4:20 PM IST -
Stove Kraft shares gain 15% in debut trade
Shares of kitchen appliances manufacturer Stove Kraft on Friday made a decent debut on bourses.
Money9February 5, 2021/3:57 PM IST -
Will the new PF rules affect you? Here’s all you need to know
In an interaction with Money9, Sudhir Kaushik, co-founder and CEO, TaxSpanner, explained the reasons behind the move.
Hemanshi TewariFebruary 5, 2021/3:12 PM IST
