Senior citizens above 70 years should combine Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) with a private health insurance plan for a comprehensive cover. They can use the government cover for primary hospitalisation. And for expensive treatments that go beyond Rs 5 lakh or prolonged hospitalisation, make use of a private cover. The AB-PMJAY
By Chaitali Dutta I had taken a loan of Rs 20 lakh and repaid it last year. Now I want to take Rs 10 lakh as a loan against the existing property to buy some agricultural land. Will a bank issue such a loan and ask for the end-use of the money? —Alok Kumar This
Warren Buffett is widely regarded as one of the most successful investors of the 20th century. Over the years, Buffett, now 94, has shared a wealth of knowledge about the principles that have guided his remarkable success. So, how did he achieve such impressive results and become one of the richest people in the world?
In recent years, the luxury residential market in Delhi-NCR, especially in regions such as Gurugram, has undergone a significant transformation, largely due to improved amenities and infrastructure advancements. During the first half of 2024, Delhi-NCR accounted for an impressive 64% of luxury residential launches among the seven largest cities in India. According to an IPC
You must have come across headlines flaunting salary numbers that could even make a successful entrepreneur feel envious. But, did you know that these eye-popping numbers often hide a harsh reality? This article will break down some pressing questions like: Do companies inflate CTCs? What strategies are used to show higher packages? What components should
Whether you prioritize modern amenities and a dynamic job market or affordability and planned living, the NCR has something to offer everyone. Noida and Gurgaon are both situated in the National Capital Region (NCR) of India and are recognized as two of the fastest-growing cities in the country. However, they exhibit distinct differences in the
The Department of Pension and Pensioners’ Welfare (DoP&PW) has issued key clarifications related to qualifying service for pension and gratuity under the Central Civil Services (Pension) Rules, 2021, according to a new Office Memorandum. These clarifications, recirculated again, were originally released in October 2022 to guide government employees and ministries on how various periods of
Question: How is the perquisite for hotel accommodation provided to employees valued according to the Income-Tax Act, 1961? Response given by CA (Dr.) Suresh Surana: When an employer provides accommodation to an employee in a hotel, except when the employee’s stay is for a period not exceeding 15 days due to a transfer, the value
The Mutual Funds Sahi Hai (Mutual Funds are a right choice) campaign, an initiative from AMFI to provide information on mutual funds investment and mutual funds basics has encouraged many investors to begin their investment journey, enabling them to mobilise their savings into wealth-creating assets. Mutual funds are now a primary choice for many first-time
After foraying into UAE earlier this year, autotech and financial solution provider CarDekho Group may launch into some more cities in the middle-east, its CFO Neelesh Talathi told FE on Friday. “We will see further expansion in the middle-east,” Talathi said, on the sidelines of the Startup Mahakumbh in New Delhi. According to him, the
French financial software company Linedata has acquired Pune-based AI company NROAD. Euronext Paris-listed Linedata is a global provider of asset management and credit technology, data, and services. Aashish Mehta is the founder and CEO of NROAD, which operates from both Pune and Boston, USA. The company specialises in processing unstructured financial data using AI. NROAD’s
The reprieve for India’s drug companies from the Trump administration’s reciprocal levies could be short-lived, with the US president Dnald Trump saying, “pharma tariffs are going to come in at levels you haven’t really seen before.” “We are looking at pharmaceuticals as a separate category. We will be announcing that sometime in the near-future and
By Neeraj Agarwala I plan to sell some family gold as prices are high now. It was purchased by my grandfather and there are no bills. Do I have to pay any tax on the sale amount? —D R Rao The sale of gold jewellery is subject to tax under the head ‘capital gains’. Since
