You can buy into a regular or direct plan of a mutual fund scheme. Direct plans are cheaper, but you may still want to shift to the regular plan If you are a do-it-yourself long-term equity mutual fund (MF) investor, you want to buy a fund at the ... Livemint.com, 1 week ago
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On the recommendation of Seventh Pay Commission, the government has increased the gratuity limit to Rs 20 lakh from Rs 10 lakh. This is good news for government employees as they will get more money on retirement. The gratuity money should be ...NDTV, 1 week ago Seventh Pay Commission: How Employees Can Invest Rs 1 Lakh Crore Bonanza NDTV Profit, 1 month ago
There was a time when only the very rich or extremely talented dared to dream about studying in a foreign university. But today, hordes of students fly out of the country every year to try their luck abroad. It isn’t about just flaunting a foreign degree, ...The Financial Chronicle, 2 weeks ago
This was RBI governor Raghu Ram Rajan's last monetary policy review. He did what was expected of him: a good job The Reserve Bank of India (RBI) kept the rates unchanged in its August monetary policy review. This was the last policy address by the ...Livemint.com, 2 weeks ago
Rather than one-year returns, look at benefits of long-term investment in equity. It is mandatory for all salaried employees to invest in the Employees’ Provident Fund (EPF). The interest rate for 2015-16 has been fixed at 8.8 per cent and the Employees’ Provident Fund Organisation (EPFO) has to pay subscribers no matter how much return the corpus generates. Since August 2015, the EPFO has been permitted to invest up to 15 per cent of its corpus in equity and equity-related ...Rediff.com, 2 weeks ago
To revisit the proposal after getting feedback from passengers. The Metropolitan Transport Corporation (MTC) has temporarily revoked the proposal seeking identity proof from commuters purchasing daily travel ticket. The move comes in the wake of ...The Hindu, 2 weeks ago
It is not that cool to buy an endowment life insurance plan. A PPF and term-plan combo is the really hot deal Should you choose an insurance policy that doubles up as investment or buy different products to meet your insurance and investment needs? ...Livemint.com, 2 weeks ago
TANGEDCO places free 100 units of electricity in the lowest slab. Chief Minister Jayalalithaa's poll promise of providing 100 units of electricity free for all domestic consumers raised hopes among the people when she assumed charge in May. But ...The Hindu, 3 weeks ago
Be ready to shell out more your mistakes or bravado on the road - as the Union cabinet has approved to amend the Motor Vehicles Act 1988 which has allowed for higher fines against traffic violations. An increase in fines has come in after a gap 28 ...Times of India, 3 weeks ago
Now, completing know-your-customer (KYC) requirement with one financial institution will be good enough for opening an account with any bank, mutual fund, insurance company, broker, or new pension scheme. The financial sector regulators - Reserve ...Business Standard India, 3 weeks ago
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