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Fund review: ICICI Pru Bluechip fund Fund review: ICICI Pru Bluechip fund

Income tax laws need to recognize more cities as metros for HRA tax exemption: Will Budget 2024 include these? [ad_1] Tax sops, enhanced benefits, rebates – the list of expectations from the Budget is never ending. The fact that this year we’ll first have the vote-on-account does not change anything for the taxpayer. They are hoping for announcements that will ...

Bank credit expansion projected at 15% in FY24, 12% in FY25: ICRA Rating agency Icra on Wednesday revised upward its bank credit growth projection at 14.9-15.3 per cent this fiscal, but said the same will lose steam and grow at 12 per cent next fiscal. At 14.9-15.3 per cent, the system level credit expansion in absolute terms will be Rs ...

Budget 2024 should hike savings account interest deduction to Rs 50,000 from Rs 10,000 [ad_1] The upcoming interim Union Budget on February 1, 2024, would be a vote-on-account before the 2024 general elections. While the finance minister may not make any major announcements, a few measures to provide interim relief to taxpayers, can be expected.One of the most common financial ...

Income tax relief: Medical cost doubles in 5 years, will Budget 2024 increase Section 80D limit for health insurance? [ad_1] Budget 2024: Section 80D of the Income-tax Act, 1961 allows you to claim tax deductions for paying premiums for health insurance policies and select health-related expenses. You can claim a tax deduction of up to Rs 25,000 if you are ...

L&T Finance Q3 results: Net profit jumps 41% to Rs 640 crore, NII up 8% L&T Finance Holdings on Tuesday reported a 41 per cent jump in net profit to Rs 640 crore for the December quarter, driven by retail loan sales. The Mumbai-based Non-Banking Financial Company (NBFC) had earned a net profit of Rs 454 crore in the year-ago ...

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RBI 'mute spectator', allowing banks to charge high interest rates: HC The Allahabad High Court has observed that the Reserve Bank of India has been a “mute spectator” while banks are imposing arbitrarily high interest rates on customers despite guidelines issued by the banking regulator. The observation was made by a bench comprising Justices Mahesh Chandra Tripathi and Prashant Kumar ...

Benchmark 10-yr bond yields steady at 7.1% as traders await fresh cues India’s benchmark 10-year yield ended at 7.1751%, following its previous close at 7.1790%. India’s bond markets were shut on Monday and will be closed on Friday

senior citizen fd: Hike in senior citizen FD? Additional interest rates should increase from 0.5% to 2%; FM gets proposal [ad_1] The interest rates on fixed deposits (FDs) for senior citizens should be 2% more than the standard rate offered to general customers, said Bharat Pensioners Samaj, federation of pensioners in the country. In a letter addressed to Prime Minister ...