In the wake of the latest Mercer CFA Institute Global Pension Index, released just this week, the United States has found itself nestled uncomfortably among countries that aren’t typically its economic counterparts. With a lackluster C+ grade, the American retirement system seems to be facing challenges that could potentially undermine its long-term sustainability and efficacy. … Read more
Understanding Low Income Apartments Low-income apartments, also known as affordable housing or subsidized housing, are residential properties designed to provide affordable and accessible housing options for individuals and families with limited financial means. These apartments are an important component of a community’s housing infrastructure, as they are intended to meet the housing needs of those … Read more
Gold Price on 12 October: Big jump in Gold and Silver prices again before the start of the festive season, Know the latest rates of your cities, As the festive season approaches in India, the demand for gold and silver is on the rise, but shoppers are in for a shock as prices continue to … Read more
Income Tax Notice: Big News! Department sent notices to 22 thousand people, action will be taken against these taxpayers, In a recent development, the Income Tax Department in New Delhi has issued information notices to approximately 22,000 income taxpayers within the span of 15 days. These notices were issued due to disparities found between the … Read more
Post Office RD: Deposit Rs 5,000 every month, Get full Rs 3,56,830, know RD details here, The world of investment can often be a daunting and uncertain place, where risk and reward are intertwined. However, for those who seek a safe and secure avenue for their hard-earned money, the Post Office Recurring Deposit (RD) scheme … Read more
DA Hike: Gift to central employees! Cabinet may approve increase in dearness allowance on this day,In a crucial development that comes as a sigh of relief for central government employees and pensioners, the Modi government is expected to announce a hike in dearness allowance (DA) in the upcoming cabinet meeting scheduled for Wednesday, October 11, … Read more
Review penalty for non-disclosure of foreign assets, In 2015, India introduced the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, a landmark legislation aimed at curbing the menace of undisclosed foreign assets and incomes. While the intent behind the act is clear – to penalize individuals who have stashed wealth abroad … Read more
Bank FD Disadvantages: New Update! Nine disadvantages of investing in FDs despite high-interest rates, see immediately, In the vast landscape of investment opportunities in India, Fixed Deposits (FDs) have traditionally held a special place in the hearts of many investors. They offer a sense of security and stability that is hard to match by riskier … Read more
DA Hike: Increase in DA of employees by more than 4 percent, amount in the account will increase in November. In a heartening development for Tata Steel employees, the company has announced a significant increase in their dearness allowance (DA). This welcome news is set to take effect from October 1st, providing a timely boost … Read more
Cash Transaction Rule Update: Income tax notice will come on these 5 cash transactions, new rules apply, In recent years, the Indian Income Tax Department has significantly increased its vigilance over cash transactions, aiming to curtail tax evasion and promote transparency in financial dealings. The tightening of cash transaction rules applies not only to individuals … Read more