Many people invest in the real estate sector with the sole purpose of selling their property in the future to quickly arrange a large sum of money when needed. This financial need could be for a child’s wedding, education, health, or medical expenses. However, two properties in the same area and with similar locations often
Individuals suffering from diabetes can now get health insurance coverage from the first day after paying a rider premium. These special plans do not have the usual three-year waiting period for both type 1 and type 2 diabetes and cover those with high HbA1c levels up to 10 or those even on insulin therapy, depending
My previous employer had deducted the TDS before giving the salary every month, but did not deposit it to the government. Will the tax department recover the amount from me? —Deepak Jaiswal The tax officer cannot recover the TDS amount from you, provided the tax was deducted from your income by your employer. Here’s why:
To enhance “ease of living”, the government is mulling to introduce a mechanism of withdrawal from provident fund (PF) accounts through ATMs, by early next year, official sources told FE. The labour ministry is going to hold consultations with the Reserve Bank of India (RBI) and major commercial banks to prepare a roadmap on how
BOBCARD Ltd, a wholly owned subsidiary of Bank of Baroda, announces the launch of the TIARA Credit Card — a first-of-its-kind, women-centric credit card designed to support, empower, and celebrate women’s financial autonomy. This newly launched Premium BOBCARD on RuPay network is tailored specifically to cater to modern women’s needs. The TIARA Credit Card seamlessly
Mohali, a vibrant city in Punjab, has transformed from a satellite town of Chandigarh into a dynamic hub of growth and innovation. With its strategic location and burgeoning infrastructure, it has emerged as a prime real estate destination, offering opportunities for investors, businesses, and homebuyers alike. A Market Full of Promise Mohali’s real estate potential
Mahila Samman Yojana has been among top keywords in Google Trends on Friday, December 13. The Mukhyamantri Mahila Samman Yojana (MMSY) is a new initiative launched by the Delhi government as part of their 2024 budget announcements. Source: Google Trends screenshot Ahead of the Delhi assembly polls, the sate government has announced the details of
Is it illegal to have multiple bank accounts in India? Or, you can’t have more than one bank account henceforth? If some recent news reports are to be believed, as per the new guidelines by the Reserve Bank of India, a penalty will now be imposed on people with multiple bank accounts or bank accounts
The department of telecommunications (DoT) has projected state-owned Bharat Sanchar Nigam (BSNL) to turn profitable in FY27 with a profit of Rs 558 crore. The projections are based on the potential increase in revenues expected in the coming years with the launch of 4G and 5G services. For FY27, DoT it has projected the company’s
Despite the demand from some partners for inclusion of investment protection treaties in the free trade agreements that are under negotiation, India would stick to its stand of signing separate treaties for investments and not making them part of FTAs, a senior official said. India is currently negotiating trade agreements with the UK, European Union
Avaada Group is looking to raise $1 billion (over Rs 8,400 crore) in debt by March next year to fund its projects. “We will raise this debt to fund wind, solar and other projects. We have already raised equity,” chairman Vineet Mittal told FE. The group has an operational capacity of over 4 gigawatt (GW)
A bull market of more than four years, which has seen 4 million demat accounts being added every month in FY25, has also witnessed around 40% decline in the number of brokers. The numbers speak for themselves: The total number of brokers registered with the stock exchanges for the cash and derivatives segments has dropped
By Mahesh Patil The power transmission and distribution (T&D) sector is set for a significant growth, driven by increasing electricity demand and focused renewable energy goals. India aims to achieve 500 GW of renewable energy by 2030, almost 3x from 180 GW currently installed, marking the largest push for capital investment in power infrastructure. However
