y Deoras , ET Bureau | 27 Apr, 2015, 08.00AM IST Post a Comment The RBI has allowed banks to offer deposits that don't have the option of premature withdrawal. RBI rules say that term deposits of up to Rs 15 lakh should have premature withdrawal facility. Economic Times, 1 month ago
Imagine a situation where your investment grows by 9.5% every year but you have to pay 7% in charges. Many Ulip investors don't have to imagine. For them, this is the harsh reality of the returns that their Ulips have earned in the past five years.Economic Times, 1 month ago
Though the deduction will be higher and net take-home pay will fall, you can get a significant tax benefit. With introduction of the National Pension System and retirement funds from mutual funds, the Employees' Provident Fund Organisation (EPFO) might be losing its sheen. In fact, in his Budget speech, Finance Minister Arun Jaitley had referred to EPFO subscribers as "hostages, rather than clients". "The low-paid worker suffers deductions greater than better-paid workers, in percentage ...Rediff.com, 2 months ago
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