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Working women prefer FDs to stocks: DBS Survey

Working women prefer FDs to stocks: DBS Survey [ad_1] Delhi, January 15, 2024: As many as 47% women earners in urban India take their own financial decisions, while 98% actively participate in long-term family decisions, reveals a recent survey conducted by DBS Bank India in collaboration with CRISIL. The independence in making financial choices increases significantly with age, with 65% ...

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Bond market sees government adhering to its borrowing target in FY24

Bond market sees government adhering to its borrowing target in FY24 The central government has planned a borrowing of Rs 15.43 trillion (gross) for the current financial year, with Rs 6.6 trillion of this total expected in the second half.

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MPC's Jayanth R Varma envisions lower inflation, higher growth in 2024

MPC's Jayanth R Varma envisions lower inflation, higher growth in 2024 The Indian economy has withstood all geopolitical shocks in the last couple of years and it will also be able to navigate the uncertainties that lie ahead, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on Sunday. Varma further said he expects a benign outcome in 2024 ...

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Allow NPS investment tax break of Rs 50,000 in new tax regime in interim budget 2024: Experts

Allow NPS investment tax break of Rs 50,000 in new tax regime in interim budget 2024: Experts [ad_1] The government wants to encourage people to move to the new tax regime which combines lower tax rates with a very limited number of exemptions. As of now, an individual’s contribution of up to Rs 50,000 to the National Pension System (NPS) ...

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RBI imposes Rs 2.49 crore penalty on 3 banks including Punjab & Sind

RBI imposes Rs 2.49 crore penalty on 3 banks including Punjab & Sind The Reserve Bank on Friday said it has imposed penalties totalling Rs 2.49 crore on three banks, including Dhanlaxmi Bank and Punjab and Sind Bank, for contravention of regulatory norms. A penalty of Rs 1.20 crore has been slapped on Dhanlaxmi Bank for non-compliance with certain directions ...

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Ease TDS rules for buying house property from NRIs in Budget 2024

Ease TDS rules for buying house property from NRIs in Budget 2024 [ad_1] Buying a house in India involves some tax compliances which get very complex when the seller is a Non-resident individual (NRI). Every property buyer, being a resident individual, is required by law to deduct tax from the amount (price) he pays to the seller. However, where the ...

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