The country's largest carmaker currently has a market share of around 43 per cent in the overall passenger vehicle segment.
Under PFRDA regulations, NPS subscribers can withdraw 60% of the total accumulated amount at maturity. This will be tax-free.
The second highest interest rate that citizens can get on fixed deposits with the private lender is 7.20 per cent. Account holders will have to open FDs for 2 years to 30 months to get interest rate of 7.20 per cent. Senior citizens will get 7.95 per cent.
If this trend continues, the central bank may not cut interest rate in near future or may be even consider raising rates. This will force banks to increase lending rates in the country. EMIs may go up as a result. Currently, the repo rate stands at 6.50 per cent.
Having too many mutual funds may not be good for your financial health
The regulator has completed probe in 17 cases and has sought more to complete the rest of the 7 cases
The finance ministry has asked the Indian Banks' Association to initiate discussions on wage settlement and complete the settlement by December 1, 2023
If the total income of a person from various services including rental income, interest on bank fixed deposits and other professional services exceeds Rs 20 lakh in a year, it will be taxed
Stumped by the announcement of the government disallowing free import of laptops, tablets and other electronic devices, representatives of MNC brands such as Apple, Dell, HP and Acer met officials of the Ministry of Electronics and Information Technology on August 8, 2023