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Under the NPS Vatsalya scheme, accounts opened in the names of minor children will automatically convert into regular NPS accounts once they reach the age of 18.
In addition to gold and silver, Finance Minister Nirmala Sitharaman announced a reduction in the customs duty on platinum, palladium, osmium, ruthenium, and iridium to 6.4%. Once this decision comes into implementation, the prices of gold, silver, and platinum may drop.
According to RBI data from June 28, deposits grew by 11.1% on a year-on-year basis, while loan growth stood at 17.4%. RBI Governor Shaktikanta Das has urged banks to think outside the box to increase deposits and adopt new strategies to achieve this.
These initiatives are expected to encourage greater savings among young individuals, providing a significant boost to the economy overall
High anticipation surrounds the upcoming budget announcement, focusing on the establishment of the Social Security Fund
Increased tax exemptions on home loan interest and principal repayments in Budget 2024-25 could greatly reduce tax burdens for homebuyers
Several organizations, including those in the insurance sector, are eagerly anticipating a reduction in the GST % in health insurance
What are the income tax expectations of the salary class from the budget? Let’s find out.
The call for a 'billionaire tax' by Congress is not isolated, echoing wider concerns regarding fiscal equity
If the budget considers the jewelers' demand, gold buyers will get significant relief.