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Stay away from stress of tax and financial planning, all at once
For most of us, retirement might seem like a far cry. But if you start saving for your twilight years right away, not only will you benefit then, but you will also save a great deal on your taxes right now.
Ira PuranikAugust 10, 2023/7:41 AM IST -
More than 1.6 lakh employees of RIL have left jobs, know why
Employees are not happy even in the country's most valuable company Reliance Industries.
Money9August 9, 2023/8:34 PM IST -
SEBI trims IPO timeline
Sebi said that Registrar to an Issue would undertake third-party verification of the applications by matching the PAN available in the demat account with the PAN available in the bank account of the applicant.
Money9August 9, 2023/7:41 PM IST -
7.5 lakh Ayushman cards on one number!
CAG report questions the standard of hospitals associated with the Ayushman Bharat scheme and also highlights instances where beneficiaries were charged separately in certain states.
Kanishka BiratAugust 9, 2023/6:47 PM IST -
SIPs still the favourites, rake in Rs 15k cr in July
Passive funds, particularly Index funds made a stellar comeback after a red quarter. Index funds saw outflows worth Rs 905.74 crores in June 2023, but registered greens worth Rs 1,179 crores last month.
Ira PuranikAugust 9, 2023/6:26 PM IST -
Credit card defaults on the rise. Is it time to ring the alarm?
While it is easy to obtain and recklessly use a credit card, it is just as easy to spiral into an endless debt trap. Moreover, India has one of the highest APRs and penal charges in the world, at about 48%.
Ira PuranikAugust 9, 2023/3:12 PM IST -
What happens when you surrender policy?
On surrendering the policy, the policyholder gets a part of the premium paid, which is called the surrender value. In premature closure of the insurance policy, the policyholder has to bear the loss.
Devendra SharmaAugust 9, 2023/2:18 PM IST -
Slow recovery of debt repayment
In the year 2017-18, they managed to collect a total of 1.18 lakh crore rupees from loans that were put in the bad loan account. However, the collection declined to 0.91 lakh crore rupees in the year 2021-22.
Money9August 9, 2023/2:08 PM IST -
Club ‘fraud’ accounts and ‘wilful defaulters’ says industry; not ready, say banks
On the other hand, wilful default indicates non-payment of the borrower even when he/she could make the committed payments. It is often found that the borrower siphons off cash, disposed of properties without proper procedure or used the funds for purposes other than those for which they were lent.
Shivram KrishnanAugust 9, 2023/1:58 PM IST
