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Do you belong to India’s middle class? There’s good news for you!
Over 3/4th of rich India is concentrated only in 8 Indian states, namely Maharashtra, UP, Tamil Nadu, Gujarat, Delhi, West Bengal, Punjab and Karnataka
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Medical insurance premiums go up, but there’s a caveat!
According to the 2021-22 annual report of insurance watchdog IRDAI, health insurers settled 2.19 crore claims worth Rs 69,498 crores, while the average claim amount was Rs 31,804.
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Cashbacks on online shopping may not stay as lucrative now
As per media reports, the industry argues that since the ultimate benefit i.e. discount/cashback is available to the customer, there should be no GST levied on transactions made between the bank/payment portal/UPI and the online platform does not exist
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Indices touching all-time highs, what should your next step be?
FPIs are also aggressively investing in India. As on July 3, 2023, FPI inflows stood at Rs 11,791.86 crores, extending the investments green run into a consecutive 6th month.
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All you need to know about the taxation changes in LRS scheme
The government has deferred implementing the 20% TCS rate on LRS for other purposes till October 1, 2023. For now, credit card spends overseas has been removed from the ambit of LRS
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Guaranteed pension not on radar, says PFRDA chief Deepak Mohanty
Mohanty noted that guarantees come at a cost, albeit with relatively lower returns. Staying invested in markets for the long-term is bound to deliver handsome returns.
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Guaranteed pension not on radar, says PFRDA chief Deepak Mohanty
Mohanty noted that guarantees come at a cost, albeit with relatively lower returns. Staying invested in markets for the long-term is bound to deliver handsome returns.
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Claiming your forgotten shares is set to become easier!
Under Indian laws, every company has to transfer the underlying shares and all unpaid dividends on it to the IEPF account within 30 days, if these dividends have stayed consequentially unclaimed for 7 years
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Zomato, Paytm stocks shoot up, making investors rich
Improved financials, strong cost-cutting measures and concerted efforts to achieve profitability have yielded positive results, which is showing on their balance sheets. But don't rush to buy these stocks just yet.
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Days after Nifty, Sensex touch highs, investors leave in droves
While investor participation in the market has been sobering since July 2022, there has been a significant uptick in investment via systematic investment plans (SIPs). The share market is also bearing the brunt of record levels of profit booking.
