EMPLOYMENT PROVIDENT FUND
I quit my job to start a business. Can I keep the PF with the employer till retirement?
No TDS will be deducted but you will have to declare the interest every year as income from other sources in your tax returns and pay tax accordingly. If the company gets merged with some other company then the merging company will take care of PF.
Investors with risk appetite can look at quant funds
Quant funds build a portfolio of stocks using a set of predetermined rules premised on m...
PMS norms notified; net worth limit raised to Rs 5 crore
The markets regulator had issued the new guidelines in November 2019.
IoT solutions company, Skylo raises $103 million by Softbank Global
The Skylo Hub is a satellite terminal that connects to the Skylo Network which can provide reliable connectivity anywhere in the world, regardless of geography, without needing new infrastructure in space.
NIPPON INDIA MUTUAL FUND ETF
Reliance Nippon Life Asset Management Limited RNAM is one of the largest asset managers with more than 24 years of experience in managing wealth of investo...
Growth in mutual funds' equity assets far outpaces the rise in benchmarks
AUM of domestic mutual funds grew annually by 19% to Rs 26.9 lakh crore between 2013 and 2019. Mutual fund AUM constituted 10% of total bank deposits in 2013, increasing to around 18% now.
Government to slash time taken to start new business to 5 days
The government is set to slash the time taken for starting a new business from 18 days to five days.
Medium scale companies may be given credit risk cover
The Credit Guarantee Fund Trust for Micro and Small Enterprises, run by the government and financial institution Sidbi, has floated a consultation paper to banks, where it has estimated that it will get business of around Rs 4,000 crore during the first year.
Amfi proposes a 17-point budget wish list
Association of Mutual Funds in India (Amfi) has proposed several points for the Budget 2020 to help take Indian mutual fund Industry to next orbit of growth.
What changed for D-Street while you were sleeping
Nifty futures on the Singapore Exchange traded 62.50 points, or 0.51 per cent, lower at 12,210, indicating a negative start for Dalal Street.
What happens to your EPS account when you transfer your EPF account?
According to EPF rules, 8.33 percent of the employer's contribution is diverted towards EPS account.
Mid and small caps expected to catch up in 2020
Large caps should continue to do well, mid- and small-caps could catch up and their relative underperformance can reverse, says Mahesh Patil.
View: EPF-linked financing, combined with a community land trust model, can complement 'housing for all'
GoI has formulated ‘Housing for all by 2022’ scheme, and set an ambitious target of building 6 crore houses.
Xiaomi created 50,000 jobs in India
Xiaomi in a press statement said that it generated employment for 50,000 people in India.
Mutual funds, FIIs cut holdings in this multibagger in Q3
Its shares have outpaced the benchmark Sensex with a wider margin during the past three years.
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