This will enable the employee to get the credits of his EPF contribution during his previous tenure with old employer into his or her UAN automatically. Subscribers of retirement fund body EPFO would not require to file employee provident fund (EPF) transfer...
Category: Finance
Daily Updates, Finance
GST Council Meeting- 5 things to expect
The GST Council headed by Finance minister Arun Jaitley will hold its 33rd meeting today. As indicated by interim finance minister Piyush Goyal in the interim Budget 2019, the GST Council may slash GST on under-construction houses to 5% and on...
Daily Updates, Finance
Five important things for getting right life insurance cover: Read policy documents carefully
Life insurance is a critical part of your financial portfolio. Therefore, you must ensure your policy is as per your expectations. Mistakes, if any, need to be fixed immediately. Remember that you won’t be around when the policy claim is...
Daily Updates, Finance
GST on Residential Properties Likely to be Slashed
A ministerial panel set up to look into GST-related issues of the real estate sector on Friday indicated that it would recommend taxing under-construction residential properties at 5 percent, down from 12 percent currently. The Group of Ministers headed by...
Daily Updates, Finance
RBI Rate Cut 2019: Loan EMIs likely to Reduce
Home Loan, Car Loan, Personal Loan EMIs to cost less Good news for borrowers as the Reserve Bank of India (RBI), in its bi-monthly monetary policy held on February 7 has cut the key policy rates by 25 basis points...
Daily Updates, Finance
Sukanya Samriddhi Yojana: How to transfer account from the post office to banks
Transfer Sukanya Samriddhi Yojana Account The Sukanya Samriddhi Yojana was bought in by the government to benefit girl children. This plan became popular because of its various features and benefits. Parents or legal guardians on behalf of their girl children...
Budget 2019, Daily Updates, Finance
Budget 2019: No Income Tax on Individuals with Income up to Rs 5 lakh
As per the popular demands in the election year, the government in the Union Budget 2019 has declared complete rebate in income tax on taxable income up to Rs 5 lakh. The Budget document also explained the rebate as, “Clause...
Budget 2019, Daily Updates, Finance
Interim Budget 2019-20: Key highlights of FM Piyush Goyal’s Budget speech
Here are the key highlights from Finance Minister Piyush Goyal Interim Budget 2019-20: Taxes changes - No income tax for income up to Rs 6.5 lakh (Rs 5 lakh + Rs 1.5 lakh under 80C of the Income Tax Act) - Full...
Budget 2019, Daily Updates, Finance
What budget 2019 can do to reduce your tax burden?
Interim Budget 2019 could offer individual taxpayers certain benefits and tax exemptions, which will have a positive impact on personal savings, retirement benefits,financial planning and buying power. Corporate India would like to see parity and some clarity FOR INDIVIDUAL TAXPAYER 1. Revisiting...
Daily Updates, Finance
Govt May Soon Double Minimum Pension Received Under APY
The Ministry of Finance is looking at some of the suggestions made by the PFRDA (Pension Fund Regulatory and Development Authority) including increasing the upper age limit for availing Atal Pension Yojana (APY) to 50 years said Financial Services Secretary Rajiv Kumar...
