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Housing stock of Navi Mumbai’s Airoli likely to surpass 1.85 lakh units by 2030

Driven by robust connectivity, competitive and economical property prices, proximity to key business hubs, and easy access to essential social infrastructure, the annual housing stock in the vicinity of Navi Mumbai’s Airoli is expected to cross 1.85 lakh units by 2030, according to a report by Liases Foras. The report says that, major infrastructure projects

How to avoid a debt trap after taking an education loan

Pursuing higher education abroad can be expensive. Thus, students facing financial challenges may find educational loans to be a viable solution. However, it is crucial to be aware of common issues and take appropriate precautions so that they do not end up falling into a debt trap. Protecting those aspiring to study overseas from financial

One Rank One Pension: Centre carries out 3rd revision, clears arrears of defence veterans – Here’s all you need to know

One Rank One Pension: The Centre has revised the One Rank One Pension (OROP) scheme for the third time and ensured payment of arrears to beneficiaries, as confirmed by the Ministry of Defence in response to questions posed in the Lok Sabha by parliamentarian Chamala Kiran Kumar Reddy on December 6, 2024. OROP: All demands

Is Centre considering an early retirement scheme for central govt employees? Here’s what Ministry of Personnel has to say

The central government has clarified its stance on the possibility of introducing a flexible retirement age for its employees. This clarification came in response to a written query raised by Member of Parliament Tejveer Singh in the Rajya Sabha. Singh sought information on whether the government is planning an early retirement scheme for central government

Higher EPS Pension: Who can apply for higher EPFO pension? All you need to know about the scheme

The Employees’ Provident Fund Organisation (EPFO) has yet again extended the deadline for employers to process and upload wage details of applicant members under the higher EPS Pension Scheme by January 31, 2025. In spite of so many extensions, it has been observed that more than 3.1 lakh applications for validation of options or joint

Industry pushes for simplified GST structure amid concerns over 35% slab proposal

The GST regime has simplified taxation, brought stability and has been a success, enabling record collections ahead of targets, but there have been constant demands for rationalization of the GST rate structure. The present structure has multiple tax slabs, making compliance and administration complex. Hence, industry experts are demanding lowering of tax slabs. According to

TARC reaffirms commitment to transparency amid regulatory review

Reiterating its commitment to maintaining the highest standards of corporate governance and transparency in the backdrop of the proposed regulatory review of its financial statements that was disclosed to the stock exchanges on December 17, 2024, Amar Sarin, MD & CEO, TARC Ltd, said, “At TARC, we see every challenge as an opportunity to reaffirm

Who bears the burden of a loan after the borrower’s death?

After taking a loan, the borrower must repay it to the lender within the agreed repayment period. Should the borrower default, the lender is entitled to initiate legal proceedings to recover the unpaid balance. However, the situation becomes more complex if the borrower passes away during the loan term. The question arises: Who is responsible
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2025 could set new records in luxury realty

Luxury sells. And, the capital leads in lapping it up. With this month’s landmark deal of a flat in Gurugram’s DLF Camellias for Rs 190 crore, luxury real estate in Delhi-NCR is on a new high. Among the top seven cities in India, Delhi-NCR stood out with a remarkable 64% share of luxury residential launches

GST Council defers decision on tax rates for health, life insurance premiums – What we know so far

The GST Council on December 21 again deferred a decision to exempt and cut taxes on health and life insurance premiums. The reason for this is that the ministers’ panel needs more time to reach a consensus on the matter. “Some members said more discussions required. We (GoM) will meet in January again,” Bihar Deputy

Hamdard: True Companion of Those in Pain

By Farooq Wani A commitment to giving back to society with a charitable and compassionate spirit has been at the core of the business model adopted and followed by the Delhi-based Hamdard Laboratories India during its 118 years of existence.  Hamdard originates from two Persian words – “Hum”, meaning “companion”, and “Dard” meaning “pain” –

8th Pay Commission Delay: Employees’ Federation plans nationwide agitation in new year – Details inside

8th Pay Commission: With the Centre ruling out any proposal to set up the 8th Central Pay Commission anytime soon, over 1 crore central government employees and pensioners have expressed their displeasure over the delay in announcing the next pay commission, which, according to them, should start its term from January 1, 2026. Amid this

Signature Global emerges as top developer along Dwarka Expressway post-pandemic: Square Yards

Signature Global has emerged as the market leader in the Dwarka Expressway region, as per a recent report by Square Yards which pegs the total annual residential new supply along Dwarka Expressway at 10,000 units per annum since 2020, compared to 5,000–7,000 new units launched per annum in the pre-pandemic period. According to Square Yards