EMPLOYMENT PROVIDENT FUND
PPF scheme 2019: Loan against PPF account at 1% and other changes you need to know
The government via a notification dated December 12, 2019, has replaced the PPF scheme 1968 with the PPF scheme 2019. Though major features have been kept unchanged, a few small tweaks have been made in the scheme which you should know about.
Forensic audit finds no fraud, fund diversion at Reliance Home Finance
Lenders of the company had appointed Grant Thornton for the audit, as ...
Sharp profit booking likely if Nifty slips below 12,200
Traders can adopt a bear spread strategy of February 6 expiry of 12,200-11,800 strike...
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Government may include off-budget spending for a clearer picture
The govt may present other liabilities on its books, a move that could raise fiscal deficit sharply.
Labour Ministry mulls 'Santusht' portal in Jan for speedy resolution of grievances
Initially, Santusht (Hindi for satisfied) would monitor all services provided by retirement fund body EPFO and health insurance and services provider ESIC to formal sector workers. Later, the portal would cover other wings of the ministry as well. It would also have data on real time basis to assess the performance of each and every official.
PPF Scheme 2019: Account will not be liable to attachment
The new rules called the Public Provident Fund Scheme, 2019 have replaced all the previous PPF rules with immediate effect. New rules allow an individual to open an account by making an application in Form-1. However, no joint PPF account is allowed.
L&T Infrastructure Finance to provide Rs 518 crore loan to AG&P for city gas projects
AG&P is the largest foreign player in the city gas distribution business after it won licenses to retail compressed natural gas to automobiles and piped cooking gas to households in 12 cities in Andhra Pradesh, Karnataka, Kerala, Rajasthan and Tamil Nadu.
Two-wheeler rental startup eBikeGO plan pre-series funding to expand fleet
The company's founder believes that economical cost of delivering at 20 paise per kilometer with a loading capacity of 150 kg, offers great value to the users, over conventional bikes. The eBikeGO bikes delivers a top speed of 55 km/hr and it can run upto 100 kms per charge.
Sebi allows AMCs to provide management and advisory services
The regulated said AMCs could also provide services to regulated entities such as pension funds, insurers, banks and mutual funds.
Mantra Capital launches fund for tech startups
Mantra Capital will provide offshore venture services and managed services to global startups. Also, venture services will scout and curate U.S and Indian startups for corporate innovation scaling programs that will be launched in the second quarter of 2020.
Aadhaar At 10: Taking stock of India's ambitious mission to provide unique digital identity to all
An ambitious study covering 1,67,000 Indians by development consulting firm Dalberg sheds light on people’s experiences and perceptions. The ‘State of Aadhaar’ report is based on the most extensive survey ever on Aadhaar. The survey can provide valuable lessons for other countries on improving public services for the vulnerable.
Investors not in a hurry to invest in ELSS mutual funds this tax saving season
January to March is considered the tax saving season because many taxpayers love to finish their investments to save taxes only in the last three months of the financial year.
Focused mutual funds gain big in December, AUM jumps manifolds
The focused fund category offered an average return of Rs 12.34% in one year, which is more than all other equity mutual fund categories, except the sector funds.
Harry-Meghan don't want to rely on public funds; Queen supports couple's decision after 'constructive talks'
The royal family agrees to 'period of transition' for Prince Harry and Meghan.
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