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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 ...

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. ...

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 ...

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 ...

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 ...

10 ways Budget 2023 can make your personal finances better [ad_1] 10 ways Budget 2023 can make your personal finances better [ad_2]

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 ...

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 ...

Income Tax Budget Expectations: Budget 2023: If income tax relief is given in new tax regime, what happens to the old one? [ad_1] If media reports that the new tax regime is likely to be made more attractive in the coming budget 2023 prove correct, then it is likely that this may also signal the end of the old tax ...

Double income taxation on sale, purchase of property: Will Budget 2023 provide relief? [ad_1] In the last one year, property values witnessed double-digit growth in Tier 1 cities, and across tier 2/3 cities there is an upswing in property prices. Remote working culture and higher affordability have been major drivers for the stellar performance of the real estate sector. The ...