Your personal health expenditure is still more than the government’s, shows Economic Survey 2023 [ad_1] Despite a substantial increase in government health expenditure (GHE) over time, Indians still pay more as out-of-pocket expenditure (OOPE) when it comes to getting treatment for diseases. According to the Economic Survey 2023, the share of government expenditure in Total Health Expenditure (THE) has increased ...
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Credit growth to sustain and spark virtuous cycle: Economic Survey
Credit growth to sustain and spark virtuous cycle: Economic Survey The robust growth in credit that has been experienced over several months is expected to sustain, and along with a rise in private capital expenditure, will bring in a virtuous investment cycle, the Economic Survey for 2022-23 has said. “The credit upcycle will also be ...
Read More »Eco Survey shows jump of 26% in direct income: Does this signal tax relief in budget 2023?
Eco Survey shows jump of 26% in direct income: Does this signal tax relief in budget 2023? [ad_1] The Economic Survey 2023 says that between April to November 2022, direct taxes registered a growth of 26% year on year basis. This has been enabled by corporate and personal income tax growth. As per the survey, “The growth rates observed in ...
Read More »Reserve Bank partially relaxes restrictions on SBM Bank up to March 15
Reserve Bank partially relaxes restrictions on SBM Bank up to March 15 BENGALURU (Reuters) – The Reserve Bank of India (RBI) said on Tuesday it had decided to partially relax the restrictions on SBM Bank (India) up to March 15, by allowing ATM and point-of-sale transactions on internationally active debit cards issued by the bank. ...
Read More »FD investors have benefitted by only 31% of RBI repo rate hike
FD investors have benefitted by only 31% of RBI repo rate hike [ad_1] The Reserve Bank of India (RBI) has been on a rate hiking spree this year. The central bank has hiked the repo rate by 2.25% till December 2022. However, if one goes by the Economic Survey 2023 data, only 31% of the hike was passed on to ...
Read More »NPS: 5 key measures taken by PFRDA to enhance the NPS subscribers accessibility
NPS: 5 key measures taken by PFRDA to enhance the NPS subscribers accessibility [ad_1] In the Economic Survey 2023, the government highlighted the measures taken by Pension Fund Regulatory and Development Authority (PFRDA) to ease the accessibility of NPS and APY to subscribers. Here are some of the measures. 1. NPS reduced timelineIn order to improve the subscriber experience and ...
Read More »Government Pension Schemes List: List of government pension, insurance schemes for Indian citizens
Government Pension Schemes List: List of government pension, insurance schemes for Indian citizens [ad_1] The Economic Survey 2023 has listed out schemes run by the government that help individuals get pension after retirement, save for retirement and also get insurance protection at minimal costs. As per the Economic Survey, “it is important to protect citizens from risks posed by rainy ...
Read More »10 ways Budget 2023 can make your personal finances better
10 ways Budget 2023 can make your personal finances better [ad_1] 10 ways Budget 2023 can make your personal finances better [ad_2]
Read More »EPF Interest Credit Status: Some EPF subscribers are yet to receive interest: How to check EPF interest credit status
EPF Interest Credit Status: Some EPF subscribers are yet to receive interest: How to check EPF interest credit status [ad_1] In June, the government approved the interest rate on EPF deposits of 8.1 percent for 2021-22, down from 8.5% in the previous year. Some Employees’ Provident Fund (EPF) subscribers are yet to receive their interest for FY22, while others have ...
Read More »Rupee falls 12 paise to 81.64 against dollar on foreign fund outflows
Rupee falls 12 paise to 81.64 against dollar on foreign fund outflows The rupee depreciated 12 paise to 81.64 against the US dollar in early trade on Tuesday, weighed down by significant foreign fund outflows and a muted trend in domestic equities. At the interbank foreign exchange, the domestic unit opened weak at 81.61 against ...
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