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Pension fund body EPFO voted on Monday to allow the deduction of accruals in the Employees’ Retirement Plan 1995 (EPS-95) for subscribers with less than six months of service remaining. Currently, members of the workers’ provident fund (EPFO) with less than six months seniority in the company only have the right to withdraw the balances …
India’s finance minister today pushed to ease some tax burdens on exporters and even stimulate them through central policy as New Delhi looks to boost foreign supplies. “There is a repetitive and very relevant statement to which the Minister of Commerce refers… ‘We cannot export taxes. We should also find ways to abolish these taxes, …
This holiday season, don’t be surprised if your trusted jeweler offers you an app link to buy digital gold instead of gold coins. Previously, only government-accredited gold refiners such as MMTC-Pamp, Augmont, and SafeGold offered digital gold through links with financial services firms and jewelry brands. Now, some jewelers have released their own versions of …
For years, Indian investors have been obsessed with the number of money foreigners bring into Indian markets. Today, Indians are also investing more and more abroad. According to data from the Reserve Bank of India (RBI), Indians invested US$19.611 million in 2021-22, up from US$12.684 million the previous year. Savvy investors have been investing some …
As expected, international gold prices have fluctuated in recent months. Prices have fluctuated around $1,700 an ounce as contradictory factors pushed and pushed the precious metal down. Given the geopolitical and economic uncertainties, investors are concerned about the potential development of gold. Currently, prices are mainly determined by two factors: monetary policy and inflation. How …
There was a time when most people in our country didn’t think health insurance was necessary. However, after two turbulent years of the COVID-19 pandemic, that is no longer the case. As an element of stability in the face of uncertain events, health insurance has found its rightful place as an essential part of the …
Although several cases of electric bicycle fires have been detected in recent months, nothing prevents this segment of vehicles from gaining momentum. Although still in its infancy, property and casualty insurers are turning to this segment and recognizing its growth potential. Major insurers such as Bajaj Allianz General and HDFC ERGO have established dedicated portals …
Diwali is here and your joy in the celebrations would be great. Traditional Diwali celebrations have many disguises: the joy of giving and offering sweets, clothing, electronics, jewelry, etc. However, these gifts also come with costs and added stress on your finances. There is no alternative to Diwali gifts and shopping, but you can still …