Budget 2023 needs to do this to make ESOPs more attractive for employees [ad_1] Over the last few years, Employees Stock Options or ESOPs are being used as a powerful compensation tool by companies, particularly start-ups, to achieve multiple objectives. These objectives include: Employee motivation, talent attraction, improving employee efficiency and performance and aligning their interests with that of the ...

EPF withdrawal: How to withdraw from EPF corpus for repayment of home loan [ad_1] You can withdraw money from your Employees’ Provident Fund (EPF) account for a variety of reasons according to the rules of the EPF scheme. When you reach the age of 55, you can withdraw from your EPF account in preparation for retirement. Before retiring, you can ...

Moody’s upgrades ratings for PNB, Canara Bank and Bank of Baroda to ‘Baa3’ Global rating agency Moody’s has upgraded the long-term local and foreign currency deposit ratings of Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB) from “Ba1” to “Baa3”, reflecting improving credit profile and macro economic conditions. It also upgraded the Baseline Credit ...

How to make investment in PPF online| EconomicTimes [ad_1] Public Provident Fund (PPF) PPF, or a public provident fund investment scheme, is entirely secure because the Indian government backs it. PPF has a lock duration of 15 years, and if the account holder wants to extend it, they can do so for an additional 5 years after the initial 15 ...

Union Budget 2023: What FM Nirmala Sitharaman needs to do on Provident Fund [ad_1] Budget 2023: Poorva Prakash, Partner at Deloitte India explains the double whammy of taxation on Provident Fund under certain conditions. [ad_2]

Canara Bank revises 9 service charges on bank accounts – Latest services charges [ad_1] * After the revision, below are the new rates * Below Rs 1000/ is Rs 300/- * Rs 1000/- to below Rs 5000/- is Rs 400/- * Rs 5000/- to below Rs 10000/- is Rs 450/- * Rs 10000/- to below Rs 1 Lakh is Rs ...

Sukanya Samriddhi Yojana offers 7.6% interest: Tax benefits, other rules [ad_1] [ad_2]

NPS Deduction Budget 2023: Will Budget 2023 hike NPS deduction to 14% for private sector employees? [ad_1] The National Pension System (NPS) is a voluntary retirement savings scheme initiated by the Government in the year 2004 and it is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). NPS was initially restricted to government employees and was further made ...

Insurance Sector Budget Expectations: Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance industry wants [ad_1] Finance Minister Nirmala Sitharaman will present Union Budget 2023 on February 1, 2023. Insurance related expenses form a good part of individual taxpayer’s household budget. Amid high inflation and rising medical costs, the common man is expecting a host ...

Inoperative Ppf Account Active: How to activate inoperative PPF account [ad_1] The Public Provident Fund (PPF) offers a set rate of return, which is currently 7.1% and is announced every quarter. The Income Tax Act’s Section 80C exempts up to Rs 1.5 lakh of PPF investments annually from taxation. The annual interest as well as the maturity amount are both ...