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 ...
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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 »Income Tax Budget Expectations: Budget 2023: If income tax relief is given in new tax regime, what happens to the old one?
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 ...
Read More »Double income taxation on sale, purchase of property: Will Budget 2023 provide relief?
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 ...
Read More »Life Insurance Policy: 6 questions to ask before buying a life insurance policy
Life Insurance Policy: 6 questions to ask before buying a life insurance policy [ad_1] Life insurance is the most important financial product because it can safeguard all goals of an individual. But it is also the most missold and the least understood investment. The insurance regulator IRDAI receives more than 1.5 lakh complaints every year and persistency data indicates that ...
Read More »Class I Legal Heir: What are the rights of a class I legal heir?
Class I Legal Heir: What are the rights of a class I legal heir? [ad_1] Q.My parents’ registered will lists me as a successor and joint owner of their ancestral property. Can my brother still stake a claim to this property? — Vinod D.Assuming that your parents are Hindu and on the basis of the facts shared, if an ancestral ...
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